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Buy houses over renting


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Cash Finance had revealed that there are actually a number of suburbs around Australia with properties that are more affordable to buy compare to renting. Property specialists has done enough research to indicate that there are 74 suburbs across Australia where adding up together, mortgage repayments is seem to be costing less cash in comparison to the cost of renting monthly. Both regional and metro has suburbs that shows paying mortgage repayments are cheaper than paying for renting fees.

The news from Cash Finance has allowed consumers to realise by living in different suburbs, it can save you from renting a property, and with the same amount of cash you are able to own your own property by mortgage repayments. This is really good news for consumers who intends to have their own property, but it is definitely bad news for consumers who are already renting and does not have the cash to afford or change to a suburb that can give them the chance to own their own property.

With the low interest rates to pay off mortgage repayments, Australians have better options as consumers to buy a property with this information. If there are any questions or concerns, you could contact a friendly financial company regards the mortgage and finance so they could help you out

Suburbs listed with cheaper property to buy:

NSW:
Metro: Haymarket, Regents Park, Rosehill, Rushcutters Bay, Wyong.
Regional: Coomba Park, Metford, North Dubbo, North Lismore, Tolland.

QLD:
Metro: Beachmere, Highland Park, Pacific Pines, Sippy Downs, Sunnybank Hills.
Regional: Collinsville, Dysart, Moranbah, Moura, Woree.

VIC:
Metro: Melton West, South Kingsville.
Regional: Dimboola, Irymple, North Murtoa, Yallourn.

ACT:
Metro: Curtin, Farrer, Hackett, Hughes
Regional:

NT:
Metro: Ludmilla.
Regional: Gillen, The gap.

SA:
Metro: Gilles Plains.
Regional: Port Pirie west. Whyalla Playford, Whyalla Norrie, Whyalla Solomontown.

WA
Metro: East Perth
Regional: Baynton South, Dampier, Hedland, Kambalda West, Rangeway.

 

 
   

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Disclaimer: Any information on this website does not take into account your personal objectives, financial situation or needs. You should consider the appropriateness of the information having regard to your objectives, financial situation and needs before deciding whether to acquire any of these products. All applications and facility preference such as loan term, payment frequencies are subject to lending criteria and final approval.

*Suggested approval time is for repeat customers and simple applications only. Time is calculated from the moment all necessary documents are received. New customers may take longer to process and inadequate documents can cause major delay.
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