The million dollar question is whether to buy or rent (which one will be better for you financially?) Well, to be honest – the answer seriously lies in the eye of the beholder. Whether you rent or buy depends on your current situation. Sounds cliche doesn’t it? Well, it does when you are not over complicating things. It is why financial planners are in business. Everything that revolves around budgeting, investment etc will almost certainly need the help of a professional financial planner.
Different states in Australia will have some sort of impact as there are many factors coming in to play when making decisions that will benefit you financially. So we suggest you check with a financial expert whose day job is looking at this matter on a daily basis. Another advice is to make sure you go to the meetings (with the financial planner) with an open mind. That is, don’t assume things. Listen and think it out. In some cases, you might even be surprised of the evaluation.