PHOTO: Elton John is looking to stay around Point Piper. Picture: Lawrence Pinder Source: News Corp Australia

When megastars come down under they aren’t after five-star hotel suites and gourmet room service, they want to live like locals – but in the lap of luxury, of course.

Celebrities have been paying $5000, $10,000, and even in some cases more than $40,000 per week to rent private getaways when visiting Australia so they can feel right at home.

Whether they’re here for a few gigs, or a stint on a feature film or talent show, VIPs are tapping into the top end of the real estate sharing economy like we’ve never seen before.

But finding the right digs for superstars isn’t easy.

Irish rock band U2 is reportedly struggling to find four multimillion-dollar mansions to rent for each band member during their Sydney tour dates in November.

And Sir Elton John’s people are also trying to score a pied a terre around Point Piper or Vaucluse for the singer during his upcoming Farewell Yellow Brick Road tour.