Renting vs Buying a Home in Australia: 2025 Outlook
Renting vs Buying a Home in Australia: 2025 Outlook One of the biggest financial decisions many Australians face is whether to continue renting or make the leap into homeownership. In 2025, the answer isn’t so straightforward — with rising interest rates, high property prices, and changes in rental laws, it depends heavily on your goals and circumstances. 🏡 The Case for Buying Equity building: Every mortgage payment builds long-term value. Stability: You’re not at the mercy of landlords or rent increases. Tax benefits: First home buyer grants and stamp duty concessions still apply in many states. 🏠 The Case for Renting Flexibility: Easy to relocate for jobs or lifestyle. No maintenance costs: Landlords cover major repairs. Lower upfront costs: No large deposits or mortgage stress. 📊 Financial Comparison: 2025 According to Domain , the median house price in Sydney is still above $1.2M, while average rent sits at $750/week. Mortgage repayments can...