To buy, or to rent? How housing affordability stacks up across the states
Published 4 July 2025, 8:16 am
It's an age old question: is it cheaper to buy or rent? A new report by property group Domain has revealed that servicing a mortgage on a house is cheaper in 6 per cent of suburbs around the country. For units, it's almost 23 per cent. But in Perth, nearly 83 per cent of apartments are cheaper to buy than rent. And while that may be a win for buyers, it highlights the struggles for those in the rental market.
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