Rent vs. Buy in Australia (2025 Financial Breakdown)
Rent vs. Buy in Australia (2025 Financial Breakdown) “Should I rent or buy?” is one of the biggest financial questions facing Australians today. With property prices still high in 2025, the answer depends on your goals, income, and location. 1. Upfront Costs Buying: 10–20% deposit, stamp duty, legal fees Renting: 4-week bond, 2 weeks rent in advance 2. Monthly Outgoings Buying: Mortgage + rates + maintenance Renting: Fixed rent + contents insurance 3. Flexibility Renting = Easier to relocate. Buying = Long-term stability but ties you down. 4. Wealth Building Buying can build equity over time. Renting may allow for higher savings/investing flexibility. 5. Example: Sydney 2025 Renting 2BR apartment: $650/week Buying equivalent: $950/week (mortgage + costs) So… Which One Is Better? There's no one-size-fits-all. Use a Rent vs. Buy Calculator to compare based on your numbers. Final Thought: Renting isn’t “throwing money away.” Sometimes it’s th...