Single mum is dealt cruel Christmas blow as her rent is DOUBLED – and she fears she could be homeless by New Year’s Day

A single mother fears she will be homeless in the New Year after her rent more than doubled days after Christmas.

Jakki Brooking, 28, was told the Perth house she has lived in for six years will rise from $300 to $630 from January 1.

The registered nurse could have paid a lower rent under the National Rental Affordability Scheme.

The federal government program, introduced in 2008, offers investors financial incentives to rent properties to low-income workers at below-market rates.

However, the house has recently been purchased by new owners who have chosen to put the house on the open market, expecting that the increased rental income will outweigh the government subsidy.

“My lease ends on January 1, I've applied to houses and been rejected for all of them,” Ms Brooking said in a heartbreaking video on TikTok.

'I just don't know what to do now. This is literally so embarrassing.

“(I am) facing homelessness from the end of the lease.”

Jakki Brooking, 28, was told the Perth home she has lived in for six years will rise from $300 to $630 from January 1

Rental properties in Perth have increased by 19 per cent in the past year, with the city also having the lowest vacancy rate of the capital cities at just 0.4 per cent.

The economic phenomenon, which is also mirrored in other states across the country, has caused enormous housing stress for many Australians in the wake of the Covid pandemic.

'Working as a nurse means that you should be able to pay the rent easily! Where is this world going? I'm so sorry,” one person wrote.

Another said: 'Housing in Australia is ridiculous, no one should have to pay $600 a week to live in a house.'

A single pensioner said she was also in the same boat as Ms Brooking as she could not find another home to move into as her lease expired on January 15.

Others argued that it wasn't the fault of the real estate agent or the new homeowners as they also had to deal with sky-high mortgage costs.

The registered nurse fears she could be homeless in the new year

The registered nurse fears she could be homeless in the new year

“Remember, property owners have to deal with continued interest rate increases, repairs, maintenance, damage, land taxes, insurance, land and water rates etc,” one person wrote.

“I'm not defending the new owners at all, but $630 is probably their minimum mortgage payment for the loan. My mortgage has almost doubled,” said another.

Mrs Brooking revealed she has since found a place for her son Levi and her cat and dog to stay while she explores her options.

The difficult economy is putting pressure on housing

The national vacancy rate is 1.2 percent, below the ten-year average of about 3 percent

Rents increased 13.2% for houses and 23.7% for units

37 percent of homeowners and 44 percent of renters are struggling to make rent payments

Nearly 80 percent of the more than 50,000 people surveyed by Finder are “extremely or somewhat stressed” about their finances