The Universal Declaration of Material Rights Forums Suggestion Box Australian renters could be saving thousands of.

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    <p class=”mol-para-with-font”>Australian renters could be saving thousands of dollars a year by buying property in some key suburbs where rents are higher than average mortgage repayments.  </p><p class=”mol-para-with-font”>Sydney suburbs including Leumeah, Campbelltown, Jamisontown, Fairfield, Warwick Farm and Mount Druitt are among those where it is cheaper to buy a unit than to rent.  </p><p class=”mol-para-with-font”>This is because monthly rental prices are more expensive than the average monthly mortgage repayment, meaning renters aren’t getting bang for their buck.</p><p class=”mol-para-with-font”>A report released by mortgage brokers Aussie indicated that in 17.4 per cent of Sydney suburbs it is cheaper to have a mortgage than rent a unit,  reported. </p><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> The suburbs where it is cheaper to buy a property rather than rent for years on end have been revealed (pictured, aerial view of Campbelltown) </div> <noscript> The suburbs where it is cheaper to buy a property rather than rent for years on end have been revealed (pictured, aerial view of Campbelltown) </noscript> </div> <p class=”imageCaption”>The suburbs where it is cheaper to buy a property rather than rent for years on end have been revealed (pictured, aerial view of Campbelltown)</p></div><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> Sydney suburbs such as Leumeah, Campbelltown, Jamisontown, Fairfield, Warwick Farm and Mount Druitt are also suburbs where it is cheaper to buy a unit than to rent </div> <noscript> Sydney suburbs such as Leumeah, Campbelltown, Jamisontown, Fairfield, Warwick Farm and Mount Druitt are also suburbs where it is cheaper to buy a unit than to rent </noscript> </div> <p class=”imageCaption”>Sydney suburbs such as Leumeah, Campbelltown, Jamisontown, Fairfield, Warwick Farm and Mount Druitt are also suburbs where it is cheaper to buy a unit than to rent</p></div><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> This is because monthly rental prices are more expensive than the average monthly mortgage repayment, meaning renters aren't getting bang for their buck (pictured, apartment in Notting Hill) </div> <noscript> This is because monthly rental prices are more expensive than the average monthly mortgage repayment, meaning renters aren't getting bang for their buck (pictured, apartment in Notting Hill) </noscript> </div> <p class=”imageCaption”>This is because monthly rental prices are more expensive than the average monthly mortgage repayment, meaning renters aren’t getting bang for their buck (pictured, apartment in Notting Hill)</p></div><p class=”mol-para-with-font”>This is also true of 52.2 per cent of Australian suburbs when it comes to houses, and 59.1 per cent in terms of units, the report said. </p><p class=”mol-para-with-font”>’It’s been a tough year for the average mum and dad but they are seeing more opportunity out there than ever to buy their own home and that is being driven by interest rates,’ Aussie CEO James Symond said.</p><p class=”mol-para-with-font”>’People are looking at these homes and realising that in many cases the alternative [renting] is a more expensive proposition.</p><p class=”mol-para-with-font”>’The cost of real estate has not really gone down but property has become more accessible.'</p><p class=”mol-para-with-font”>The report suggested this is because repaying a mortgage in a capital city such as Sydney, Brisbane, Perth or Melbourne is cheaper than it was a decade ago. If you liked this article therefore you would like to obtain more info with regards to about (Click Home) generously visit our own site.  </p><div><div data-track-module=”am-related_carousel^related_carousel” data-track-selector=”.rotator-panels a:not([class*=external])” data-dm-rotator-rotate=”false” data-track-pos=”static” data-preferred-shared-network-enabled=”” data-dm-rotator-auto-init=”” id=”p-24″ class=”related-carousel with-fb-or-tw news half” data-dm-rotator-active-class=”active” data-dm-rotator-page-count=”1.0″ data-dm-social-article-auto-init=”” data-dm-rotator-page-size=”1″> <div class=”rotator bdrcc”> <div class=”rotator-title”> <h2>RELATED ARTICLES</h2> <ul class=”rotator-pages link-xocc”> <li class=”rotator-prev”>Previous

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    </div> </div><p class=”mol-para-with-font”>Brisbane suburbs such as Kilcoy, Woodridge, Kingston and Logan Central are cheaper to buy in than rent a home while Browns Plains, Murrumba Downs, Springwood and Waterford West are better for units.</p><p class=”mol-para-with-font”>In Melbourne suburbs such as Hastings, Melton and Melton South it is cheaper to buy a home than pay rent every month.</p><p class=”mol-para-with-font”>It is cheaper to buy a unit in suburbs such as Flemmington, Notting Hill, Cragieburn and Melbourne’s CBD than rent in those areas. </p><p class=”mol-para-with-font”>The stats are based on average variable loan rates with a 10 per cent deposit compared to average rental valuation.</p><p class=”mol-para-with-font”>With a discounted variable loan, the average Australian homeowner is saving $809 a month compared to what they were paying in 2010.  </p><div class=”artSplitter mol-img-group” style=”style”> <div class=”mol-img”> <div class=”image-wrap”> In Hobart the best suburb to buy a home rather than rent is Rokeby (pictured, house for sale in Rokeby), which has an astonishing difference of more than $400 every month </div> <noscript> In Hobart the best suburb to buy a home rather than rent is Rokeby (pictured, house for sale in Rokeby), which has an astonishing difference of more than $400 every month </noscript> </div> <p class=”imageCaption”>In Hobart the best suburb to buy a home rather than rent is Rokeby (pictured, house for sale in Rokeby), which has an astonishing difference of more than $400 every month</p></div><div class=”art-ins mol-factbox news” data-version=”2″ id=”mol-61fe4ac0-20a5-11eb-a925-fb95661d0376″ website suburbs where it&apos;s cheaper to BUY than rent