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No doubt, as highlighted on the first page: & yet here we are 5 years into that 7 year time frame and in Adelaide there's been no growth (at the capital city median level), likewise for Brisbane, Hobart is lower than 5 years ago. Sure Melbourne & Sydney have boomed, but they are probably...

No headache looking after a large block for 5 years. I will buy something different this time around (no interest in buying what I had/where I was). Tens of thousands saved/made even after stamp duty. Living in a better, lifestyle oriented area while renting. Who uses a removalist? That's what...

Thought I'd do an update of these figures... http://www.bullionbaron.com/2015/05/rent-vs-buy-adelaide-cost-comparison.html http://www.bullionbaron.com/2015/05/rent-vs-buy-adelaide-cost-comparison.html Figures starting to stackup to buy in Adelaide.

If you calculate on an 80% loan, then you need to take into account 20% deposit savings interest for the renter. $95k @ 5.51% = $5234 - applicable tax rate.

How are you calculating this buzz? I get $6920 based on 6% mortgage rate/100% loan/interest only. If you'd rented instead of buying from when I started this thread you would have also been a lot better off due to price drops we've seen. e.g. Melbourne has dropped around 11% over this time...

The figure is probably not that optimistic for some regional areas, but it's around DOUBLE the (average) metro yield. I live in a nice suburb (coastal, not far out from city) and yield is around 4% (unit), so it's fairly close to the example in the original post in that it would cost around...

An 8% gross yield is not common within metropolitan areas. Most metropolitan properties are low yielding. If your example was reality in the area that I live then I would buy, don't get me wrong, I would prefer to own if the cost was reasonable to do so. Not sure how you've come up with your...

Sure, but the average Australian isn’t a successful real estate investor either. The fact the average Australian isn’t doing “X” is a good enough reason TO discuss it in my opinion :) So based on the figures provided (190pw/170k to 460pw/600k) the property has gone from a gross yield of 5.8%...

This is what I love about Somersoft, I get home to pages full of quality discussion/debate. While I'm negative on property prices and property as an investment (over the short to medium term) I know I can come here to get some quality replies that will challenge my line of thought. While users...

The interesting thing is that the difference between these costs (rent vs buy) would have been a lot closer in early 2009; one might even say they were at a reasonable level. That’s only a 33% premium to buy over rent (compared to an 80% premium currently); of course assuming the borrower...

Can the buyer afford to make principal repayments on top of the $865 per week in interest and other costs :p? Does anyone have an excel spreadsheet they can upload which you can enter mortgage figures to calculate length of loan, etc. Wouldn't mind running some longer term scenarios...

No doubt that stability is an aspect that can't be mapped in a financial example but regardless there still has to be a point where it simply is not worth the cost for the majority! If buying is 80% more expensive than renting and buyers are still lining up then at what point do they switch to...

http://www.bullionbaron.com/2010/11/rent-vs-buy-australian-comparison.html I for one am happy to do without a mortgage and rent for a lot less than it would cost to buy the equivalent in my area. That said I've got the discipline to use the savings in other investments rather than to squander it.