Buy vs Rent - What’s the Best Option in 2020?

With interest rates at their lowest level in more than 50 years, in many locations around Australia, it’s now become cheaper to buy than rent.

So, should renters start thinking about buying?

Record low interest rates mean record low repayments.
The Government is throwing tens of thousands of dollars’ worth of incentives at first home buyers.
You’re buying an asset that will appreciate over time.
It’s yours and you can do what you want with it – including hanging pictures on the walls.

You can live anywhere you want including higher priced suburbs, which might not be easy to buy into.
You won’t need to save up a large deposit to continue as a renter.
The landlord will pay for maintenance and repairs.
You’re free to move and live in different areas and cities.

If you have a question or would like more information, please contact…

Buy vs Rent – What’s the Best Option in 2020?