Australia
Should I buy or rent a home in Australia?
If you have not spent a lot of time in Australia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Australia is typically recommended if you are planning on staying in the country for more than two years and if you feel financially stable enough to commit to a mortgage. Renting gives you the flexibility of not having to worry about the costs, repairs and upkeep of being a homeowner. However, you may not be able to build any equity in the property if you decide to rent. It really comes down to a personal choice and the financial ability to back up that decision," said another expat in Australia.
Other Questions:
- What do I need to know before moving to Australia?
- How do I find a place to live in Australia?
- What is a typical expat home or apartment like in Australia?
- What is the average cost of housing in Australia?
- Should I buy or rent a home in Australia?
- What should I pack when moving to Australia?
- What cultural faux pas should I try to avoid making in Australia?
- Why do people move to Australia?
- What are healthcare services like in Australia?
- What are medical services in Australia like?
- What are typical rents in Australia?
- What appliances are typically included in a rental?
Should I buy or rent a home in Australia?
If you live in Australia, newcomers to Australia would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
