The suburbs that are cheaper to buy than rent
The decision as to whether to buy or rent can be overwhelming but there are suburbs where the decision is more clear-cut, and a range of other factors to consider in making the right choice.
The 2025 real estate markets have kicked off with buyers holding the upper hand, which has resulted in many renters weighing up the financial benefits of buying versus renting.
With the recent interest rate drop, and another one on the cards, it is becoming more attractive to borrow money. The cost of renting, meanwhile, has skyrocketed over the past two years.
Why is it cheaper to buy than rent?
The wage price index (WPI) measures the changes…