Travelling Post No. 8 - Where do I live?

So today was flat hunting day (i'll fill in the rest of HK and getting to OZ in another soon.) And it was very demoralising to start with, as flat hunting always is, getting a place so that most of the group can stay together in either lots of 3 or 4 isn't that easy. 3 of the girls don't want to stay as a 10 (that many people all under one roof doesn't appeal to them so they are sorting themselves out) and Brendan wants to live under a pub for a month as he is off to Melbourne to visit family for Christmas. That still leaves 6 of us to find a place together and it doesn't look like it is going to be cheap. We thought it'd be about $150 (62.5pounds) as that is what we were informed is average but the realtor we saw today said it'd be $160 minimum as we are getting to the Summer and this leads me to the dilemma we nowface.

We visited Coogee (i love the names of these places) which is 20-25minutes away from Syndey centre by Bus, and had a look at a couple of houses one costing $167 per week (70 pounds) incl. bills. this house had 5 really large twin rooms and is in a great location. The disadvanatage being it is a little more money than we thought, we'd will have to find 4 people to live with us and we'd have to be qiuet after 10pm (cos I can see that happening)

The second place we saw would cost $207 (86pounds) per week which is not cheap but it has 2 jacuzzi's, a small swimming pool, 3 large twin, 1 single and 1 triple room plus a living room and a massive kitchen. This place is great and has everything we need. I would need to get a full time job to cover the cost of living and having fun or just work about 25hours to cover costs. This is a 10 week contract starting from 1st December and so would cost me around 860pounds in total and if i don't get a job will annialate my savings and leave me with v. little to travel Australia with, let alone the world. With a job i should be fine and have the best house i will probably ever live in. I can imagine spending Christmas afternoon having a bang up BBQ on the balcony by the pool and then heading to the beach, which is a stones throw away from the beach - and what a beach it is : -
































Told you.

I am going to still look around for other places tommorrow but if i don't see anything do i go for the cheap option or do i splash out and take a risk, would it be worth it?