I’ve lived in multiple apartments in Sydney that were around that. One was smaller, maybe 2.5m x 3m studio with a “kitchenette” in the clothes cupboard (a micro

I’ve lived in multiple apartments in Sydney that were around that. One was smaller, maybe 2.5m x 3m studio with a “kitchenette” in the clothes cupboard (a microwave and a sink that barely fit a dinner plate). These go for ~AUD$1200-1600/mth in the CBD. They’re generally aimed at students but plenty of single adults like myself lived in them too, mainly people who aren’t home much, eat out and socialise lots. It’s a place to sleep, and walking distance to work (and home, after a night out). I now live on a quarter acre in a rural city but I didn’t regret it when I did it, I saved plenty of money and enjoyed the city life for a fair few years until I started a family.