Revealed: The regions where it's cheaper to buy a property than rent

Jack Needham
July 15 2021 - 5:30pm
FarmBuy Real Estate
Doing the sums: Renting wins out over buying in many regions, according to a new report. Photo: Shutterstock
Doing the sums: Renting wins out over buying in many regions, according to a new report. Photo: Shutterstock

Despite surging house prices during the COVID-19 pandemic, it's still cheaper to buy than rent in large areas of regional NSW, Victoria and Tasmania, although it's a different story in population hubs like Newcastle, Wollongong, Ballarat and Bendigo.

Jack Needham

Jack Needham

Property News Editor

Jack has been writing about real estate since 2015, covering residential and commercial property markets throughout Australia for the likes of Smart Property Investment and Domain. He has also spent time in the United States researching real estate trends, with a focus on housing affordability issues, for the California Association of Realtors.

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