Here at No1 Property Guide, we’re dedicated to helping renters escape the rental nightmare and move into their own home. And with it being cheaper to buy than rent in close to half of Australian suburbs, now is the best time to take the plunge!
Taking that first step towards your new home is the hardest part of the journey. Which is why the New Home Consultants at No1 Property Guide are here to help. Darren Walters’ no or low deposit new home system makes the process of getting into your new home easy.
You can begin your homeownership journey by simply filling in our pre-qualification form. Take the first step towards owning your dream home today.
Why is it Cheaper to Buy than Rent?
There are actually a couple of reasons why this is happening. One of the main factors is the record-low interest rates across the country at the moment. Because the interest rates are so low, homebuyers can keep their mortgage repayments to an incredibly low amount. Making it easier and more affordable to buy a home.
Where you build your new home is important as well. While the capital cities are obviously the most popular areas for most renters and buyers. Regional areas of Australia—where housing prices are lower and more affordable—have shot up in popularity as prices closer to the CBD have increased.
This push into the outer suburbs has created numerous areas where building is cheaper than renting.
Of course, a range of government grants available to first home buyers, single parents and those who’ve owned before, have helped a lot as well. By capitalising on these grants, renters have been able to secure their dream home while also saving money by having their mortgage payments be less than their previous rental payments!
Knowing your factual options is the key to escaping the rental nightmare and getting into your own home. At No1 Property Guide, our first step is to educate you on what you can or can’t do. So, you can make an informed decision.
Fill in our pre-qualification form today to get started. From there, our New Home Consultants will be in touch to discuss your factual options and how we can help you secure your new house and land package.
Where is it Cheaper to Buy Than Rent?
With around half of Australia being cheaper to buy in than rent, there are obviously quite a few places to choose from. But there are a few key areas that have long-term potential in our opinion.
South East Queensland
SE QLD is on a massive upward trajectory. With the 2032 Olympic Games to be held in Brisbane, the entire region is going to benefit from the improved infrastructure and tourism.
The need for new houses and infrastructure is driving massive economic growth in the region. Getting in on the ground floor before the expected capital growth happens is the best way to ensure you don’t miss out.
Areas like Logan Reserve, Narangba, Ipswich, Caboolture, Ormeau and Jimboomba have been growing in popularity and are likely to only continue to grow thanks to the Games.
New South Wales
NSW is arguably the most popular state for renters and homebuyers in the country. Areas like the Central Coast, Newcastle, and Taree-Forster have been seeing massive growth over the last few years. And with new estates and developments cropping up throughout the regions, you can easily picture yourself building your dream home and settling down in any of these picturesque areas.
VIC has always been a popular area for renters and home buyers, and nothing is set to change in the near future. Melbourne’s outer suburbs have been expanding over the last few years. With new, affordable house and land packages being developed regularly.
This growth is leading to a range of new home options that are much more affordable to buy than rent. Giving renters the perfect opportunity to finally escape the rental nightmare once and for all. Whether it’s in Cranbourne, out in Bendigo, or even further out in regional VIC, securing your new home is as simple as getting pre-qualified and talking to the New Home Consultants here at No1 Property Guide.
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Achieve Your Homeownership Dreams
Owning your own home is the dream for many renters across Australia. Whether it’s a cosy 2-bedroom cottage or an open plan 4-bedroom home with a backyard. There’s something for everyone at No1 Property Guide.
Taking advantage of the record-low interest rates is a fantastic way to get into the property market today. Thanks to Darren Walters’ no or low deposit new home system, you could achieve your homeownership dreams!
The first step is understanding your factual options. Simply fill in our pre-qualification form and one of our New Home Consultants will be in touch to discuss exactly what you can or can’t do through Darren’s system.
Why pay off someone else’s mortgage when it’s cheaper to buy than rent? Contact No1 Property Guide to discover your factual options today.