i lived in Australia for over 4 years, always renting, the money spent on rent has been huge. was thinking if it's a better idea to buy for myself, be my own landlord. However, I kinda of slow, missed the 'first home owner grant", and seeing the interested rate keeps rising, I would like to ask like-minded if it's a good time to buy property now? thanks
Comments
I guess its always better to buy than rent if you can. even without grants or with bigger rates, you can find good deal. just set your budget (leave a bit of space for more interest rate rises), find area you like and type of property and you may just find a perfect one.
Question is do you looking to buy for yourself or as investment?
Good Luck Adam
its always good time to buy if u have money. rent is just waste