Young Couple Managing Family Budget Home Min

๐—•๐˜‚๐˜†๐—ถ๐—ป๐—ด ๐˜ƒs ๐—ฟ๐—ฒ๐—ป๐˜๐—ถ๐—ป๐—ด

If you're in the market for a house, buying is cheaper than renting in 9.1% of suburbs across Australia (see chart). If you'd prefer a unit, buying is cheaper in 16.0% of suburbs.
That's based on a CoreLogic analysis, conducted in February, of markets throughout the country.
CoreLogic assumed buyers would be putting down a 10% deposit and taking out a 30-year, principal-and-interest loan at 5.23%, while renters would be paying the median rent.
Thereโ€™s one thing this fascinating analysis couldnโ€™t look at, which is the intangible benefit of home ownership. Renting can be a great option, but when you own your own home, you have a greater sense of security and the chance to build lifetime memories with your family.

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

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