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Not always a small saving, I did an estimate and it woupd cost me between 35 to 40k per year extra to buy the place I'm renting. As for prices running away in the meantime I'm not concerned about that, I've got exposure to the property market and I'm getting better returns elsewhere than I...

Yeah I don't see myself buying my own place for at least another few years. The place I'm renting is also on a terrible yield, I'm about to renew in the high 800s/wk but would cost around $1.3m or so to buy, doesn't make any sense whatsoever for me to tie up capital when the owners can...

If it's the one I'm thinking of I reckon it's worth 750 at absolute max personally and even that's pushing it in current market. Rents have really dropped in the 700-1500 bracket. A friend leased a place 14 months ago for 1200 fully furnished that was originally on market for 1500...