Cheaper to Rent or Buy? - RP Data Australian Suburbs Report

388 suburbs in Australia are now cheaper to buy than rent. Find out where for free!

The cost difference between buying and renting in Australia has fallen significantly:

    •    Discounted variable mortgage rates are now 1.25% lower than their 2011 peak and fixed mortgage rates are more than 2.10% lower
    •    Capital city property prices are almost 6% lower than when they peaked back in October 2010
    •    Rental rates are rising, up 4.2% over the past year for houses and 2.9% higher for units across the capital cities

Free RP Data Report worth $200

A PDF report shows the cost difference between buying and renting houses and units in over 3000 Australian suburbs (assuming a 10% deposit for purchase).

An interactive tool allows you to sort and search suburbs according to the buying and renting cost difference, median property value and distance from CBD - all for free.

PDF Report

Interactive tool