Mortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them?
One source
What the source said
The Guardian – World
“Mortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them?”
As house prices plateau, the gap between the cost of buying and renting is narrowing in dozens of suburbs Get our breaking news email , free app or daily news podcast High rents and falling property prices have opened a rare window for Australian tenants to become homeowners, with mortgage repayments cheaper than rent in dozens of suburbs. Guardian Australia’s analysis of Cotality data shows that median rents in inner-city Melbourne, suburban Canberra and Darwin are now nearly matching weekly…
Read at The Guardian – WorldReported by one source so far. It is confirmed when a second, independent source reports the same thing.