With the different options for housing, the terms start to get confusing. As coliving becomes more prevalent, it seems like a good time to differentiate between coliving and share housing.
Coliving refers to an intentional community where residents have a private room with some facilities shared amongst other residents.
Share housing, on the other hand, is made up of a group of people sharing a single, traditional home, that probably wasn’t built with that purpose in mind.
As both coliving and share housing are seemingly similar yet fundamentally unique, it makes it easier to compare and contrast the two. While specific benefits will speak to different people, the rising trend of co-living undoubtedly provides a greater array of benefits.
The Benefits That Come from Coliving
As a modern form of communal living, coliving offers up a host of benefits. As well as getting a private bedroom in a furnished home with shared common areas, those who choose coliving can ease their transition into a whole new ‘them’ while also making personal connections.
A sense of belonging
Coliving’s first and best selling point is community. Instead of living in an apartment alone and without any sense of companionship, coliving affords individuals the opportunity to have it all. Specifically, a great apartment along with great company.
Those choosing coliving know that a central part of the arrangement is forming connections. Meaning that, if you’re moving to Sydney from the other side of the world, you will have your coliving house mates to help ease the transition.
Putting yourself out there and meeting like-minded people in a whole new city can be a bit daunting - we get that. That's why we make sure that opportunities to connect are never far away. Whether it's a barbie in the backyard, a night out at the movies or just going to check out the neighbourhood with a new-found friend, there’s plenty of ways to get familiar with your new home in good company.
One of the great things about coliving is the flexibility it affords. Often there are no lease agreements. So, while individuals will be afforded a stable living arrangement, they’re never trapped.
This is a great bonus as many people who gravitate towards the idea of coliving are digital nomads and travellers who move from city to city, due to their professional commitments or just their wanderlust to continue exploring.
Differences Between Coliving and Share Housing
Space and amenities
When it comes to a coliving arrangement, residents in coliving spaces will have a room specifically designed to accommodate themselves comfortably and privately, with shared common areas that may include outdoor or indoor living areas. One way to think of it is coliving spaces can offer both individual ‘homes’, but are created around a central community of shared facilities. Coliving spaces are also more likely to offer flexibility in terms of having your own bathroom and kitchen, or the choice to avoid the hassle if not important to them.
In contrast, share houses are normally laid out with what you would expect in your average suburban house or flat: a kitchen, a bathroom and maybe a laundry shared between residents. Share houses are more likely to have a single room for each member, while bathrooms and the kitchen will be shared throughout the house. The size of this space is determined wholly by the average size of a house or flat in the area, with some bedrooms more around the size of a study, and likely only a single ‘master’ bedroom occupied by one resident. There might be an ensuite, if you’re especially lucky. Everything else is up to the housemates to pool together, provided they agree.
When it comes to deciding between coliving or share housing, an important factor is location. Share houses traditionally tend to be a private house or traditional flat, located in the more suburban environments of any given city.
This is in direct contrast to coliving as this type of housing solution can normally be found in the heart of the city or in other high demand spaces. Purely to make living near work both easier and more affordable.
While not always the case, the demographic that resides in shared housing and coliving also differs. Generally, share housing seems to attract slightly older residents.
Whereas coliving residents are generally from a demographic comprised of travellers, digital nomads and working professionals.
Giving Coliving a Go
In recent years the trend of intentional communal living has surfaced. Therefore, terms like share housing and coliving have appeared. However, as a way to live, they couldn't be more different. While traditional renting options like share housing may seem like the only option to some, coliving is becoming a more recognised lifestyle choice.
Be it coliving or private accommodation, search for hundreds of rooms and apartments for rent at Hmlet. We’ll help you find a home fuss-free, so you can focus on doing more of what you love. Get started here.