Buy vs. Rent - Fairfax Media · 1. Servicing a principal and interest loan on a variable mortgage...

Buy vs. Rent Summary Report An assessment of the difference between the costs associated with paying

a mortgage or paying rent across Australian suburbs

Released July 2013

Region

Principal &

interest Interest only

Principal &


New South Wales 193 867 241 1,024

Sydney 73 404 86 509

Regional NSW 120 463 155 515

Victoria 45 310 64 389

Melbourne 2 115 6 172

Regional Vic 43 195 58 217

Queensland 242 760 299 832

Brisbane 71 302 94 337

Regional Qld 171 458 205 495

South Australia 45 270 59 323

Adelaide 26 205 39 245

Regional SA 19 65 20 78

Western Australia 78 286 93 343

Perth 29 188 41 229

Regional WA 49 98 52 114

Tasmania 54 131 60 143

Greater Hobart 27 58 31 64

Regional Tas 27 73 29 79

Northern Territory 29 73 37 77

Darwin 16 56 21 60

Regional NT 13 17 16 17

Canberra 6 81 11 99

National 692 2,778 864 3,230

Combined capitals 250 1,409 329 1,715

Combined regional 442 1,369 535 1,515

Variable interest rate (5.4%) 3 year fixed interest rate (5.15%)

Principal & interest Interest only Principal & interest Interest only

Jun-13 692 2,778 864 3,230

Jun-12 179 1,083 193 1,153

Difference 286.6% 156.5% 347.7% 180.1%

Variable interest rate (6.15% / 5.4%) 3 year fixed interest rate (6.1%/5.15%)

With capital city home values 2.9 per cent lower than when they peaked back in October 2010, discounted

variable mortgage rates 175 basis points lower from their early 2011 peak and fixed mortgage rates 265 basis

points lower than their peak, many renters and prospective home buyers are likely to be doing their sums to

work out whether it is better for them to pay a mortgage or pay a landlord.

This report, from Australia’s leading property data and analytics company, RP Data, provides a region by region

comparison on the costs involved with servicing a mortgage and the costs of renting, based on median house

and unit values and median asking rents across each suburb around the country. Please note this analysis does

not take into account a number of property acquisition costs or other ongoing costs associated with owning a

property (described in more detail later in this report), nor does the analysis take into account the potential

capital gains or loss over time.

Across the nation, RP Data analysed four different scenarios with regards to the costs associated with

servicing a mortgage.

Summary of results

Number of suburbs cheaper to service a

mortgage than rent across Australia


mortgage than rent

June ‘13 results versus June ‘12 results

Source: RP Data Note figures include results for houses and units. Where a suburb shows it is

more affordable to service a mortgage compared with renting for houses and units the suburb is

counted separately.

Source: RP Data Note figures include results for houses and units. Where a suburb shows it is more

affordable to service a mortgage compared with renting for houses and units the suburb is counted

separately.

The different scenarios resulted in a broad

range of suburbs where it is currently

cheaper to service a mortgage than rent:

1. Servicing a principal and interest loan on a

variable mortgage rate: 692 suburbs

2. Servicing an interest only loan on a variable

mortgage rate: 2,778 suburbs

3. Servicing a principal and interest loan on a

three year fixed mortgage rate: 864 suburbs

4. Servicing an interest only loan on a three

year fixed mortgage rate: 3,230 suburbs

What if you were willing to spend and extra

$50 per week?

For those prospective home buyers that are

willing to dedicate an extra $50 per week over

and above what the standard rental payments

might be in a suburb, the list of potential

locations grows substantially. Nationally, there

are an additional 1,069 suburbs where it costs

less than an extra $50 per week to service a

mortgage compared with paying rent (based on

a variable interest rate with principal and interest

payments). More than half of these additional

suburbs are located in either New South Wales

or Queensland, particularly in Greater Brisbane.

Suburbs of Sydney also comprise a large

proportion of the list.

Compared with an analysis from 12 months

ago, there has been a significant uplift in the

number of suburbs where paying a mortgage

is more affordable than paying a landlord.

Methodology and assumptions

The analysis looks at the results across four scenarios, specifically: 1. Servicing a principal and interest loan on a variable mortgage rate;

2. Servicing an interest only loan on a variable mortgage rate;

3. Servicing a principal and interest loan on a three year fixed mortgage rate;

4. Servicing an interest only loan on a three year fixed mortgage rate;

The benefit of using these different scenarios is that it highlights to potential purchasers the different options that

are available when contemplating purchasing a property and taking on a mortgage. It also highlights the

differences in results when choosing different types of loan products.

The analysis includes a number of key assumptions: 1. A loan to valuation ratio (LVR) of 90% which means that the purchaser is borrowing 90% of the value of the

home (i.e. they have a 10% deposit).

2. A variable mortgage rate of 5.4% per annum.

3. A three year fixed mortgage rate of 5.15% per annum (paid in arrears).

4. The loan period is 30 years.

5. The repayment schedule is monthly.

6. The principal is calculated based on the suburb's median house and unit value as at June 2013.

7. Rental costs are based on the median weekly advertised rental rate across the suburb over the past 12

months to June 2013.

When considering the figures it is important to note that the analysis does not provide consideration for capital

appreciation, transaction costs or other costs associated with either home ownership or renting which may

include but are not limited to:

1. Maintenance

2. Council rates

3. Electricity

4. Water and sewerage

5. Land tax

6. Body corporate levies

7. Stamp duty

8. Legal and conveyancing fees

We would encourage readers to undertake their own research to understand what additional costs may

be associated with owning or renting a particular property.

It is also important to note that interest only loans may not be appropriate for all borrowers because of the risks

associated with the non-repayment of the loan principal during the interest only period. Availability and eligibility

for interest only loans may be limited compared with mortgages based on interest and principal repayments.

RP Data Disclaimer

In compiling this publication, RP Data has relied upon information supplied by a number of external sources. The

publication is supplied on the basis that while the RP Data believes all the information in it is deemed reliable at

the time of publication, it does not warrant its accuracy or completeness and to the full extent allowed by law

excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other

person or body corporate arising from or in connection with the supply or use of the whole or any part of the

information in this publication through any cause whatsoever and limits any liability it may have to the amount

paid to RP Data for the supply of such information.

$250

$300

$350

$400

$450

$500

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

Jun-97 Jun-99 Jun-01 Jun-03 Jun-05 Jun-07 Jun-09 Jun-11 Jun-13

Median weekly rent Gross rental yield

-11.1% -10.8% -10.6%

-6.6%

-4.4%

-2.1%-1.6%

0.0%

-2.9%

-12.0%

-10.0%

-8.0%

-6.0%

-4.0%

-2.0%

0.0%

2.0%

Darwin Brisbane Hobart Melbourne Adelaide Canberra Perth Sydney Australiancapitals

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

Jun-97 Jun-99 Jun-01 Jun-03 Jun-05 Jun-07 Jun-09 Jun-11 Jun-13

Housing market overview

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Jun-93 Jun-97 Jun-01 Jun-05 Jun-09 Jun-13

Standard variable mortgage rates 3 yr fixed mortgage rates Cash rate

Over the month of June 2013, dwelling values

increased by 1.9 per cent across Australia’s

combined eight capital cities. Each capital city

other than Hobart recorded a monthly value

increase. Capital city dwelling values rose by 0.2

per cent over the second quarter, while over the

first six months of the year dwelling values

increased by 3.0 per cent. Capital city home

values have been trending higher since June

2012 albeit at a fairly moderate pace to date, with

values up 3.8 per cent over the past year.

Annual and quarterly change in capital city home values

The moderate recovery in the national housing market has undoubtedly been supported by the interest rate

decisions of the Reserve Bank of Australia over the past few years. Official interest rates currently sit at 2.75 per

cent which is below the emergency lows of 3.0 per cent implemented during 2009.

The response to the low interest rate environment has been relatively subdued to date. The likely reason for the

modest response to the low interest rate environment is the ongoing high levels of caution being exercised by

consumers. Despite the low mortgage rate conditions, the rebound in housing finance commitments has been only

moderate as households continue to save around 10 per cent of their income and remain conservative with respect

to taking on additional debt.

Decline in home values from their peak – to June 2013 Market conditions vary from city to city and region

to region. At a capital city level, there have been

some substantial corrections to home values since

their respective peaks. Darwin values remain 11.1

per cent lower than when they peaked. Brisbane

values are still around 11 per cent lower than their

peak, Hobart values are 10.6 per cent lower than

their historic high levels and Melbourne values are

down by more than 6.5 per cent from their peak.

Sydney home values are now 1.2 per cent higher

than their previous peak. The Canberra market

has been much more resilient to these falls in

home values, depreciating by just 2.1 per cent

from the market peak. On the other hand the swift

recovery in the Perth housing market has seen

values once again approach their previous highs,

just 1.6 per cent lower than the peak.

Although dwelling values are mostly lower than

their historic highs, weekly rents have generally

been rising consistently across the capital cities.

Over the past twelve months, rents across the

combined capital cities have increased by 3.2 per

cent for houses and 2.8 per cent for units.

Although rents have increased, they have been

eclipsed by the annual increase in capital city

home values, as a result, there has been no

changes in gross rental yields broadly across the

combined capital cities.

With both dwelling values and mortgage interest

rates now lower, the improvements to housing

affordability have been substantial. Prospective

buyers have a lower priced entry point to the

market and the cost of their debt is substantially

more affordable.

Capital city rental rates and yields

Mortgage rates vs. cash rate

Source: RP Data, RP Data-Rismark Home Value Indices



Source: RP Data, Reserve Bank of Australia

Statistical Division

Principal &


Principal &


Central West, NSW 8 28 11 28

Far West, NSW 1 1 1 1

Hunter, NSW 40 157 47 180

Illawarra, NSW 8 72 15 82

Mid-North Coast, NSW 14 46 16 53

Murray, NSW 13 26 13 27

Murrumbidgee, NSW 8 26 11 28

North Western, NSW 3 8 3 8

Northern, NSW 11 26 17 26

Richmond-Tweed, NSW 5 37 8 43

South Eastern, NSW 9 36 13 39

Sydney, NSW 73 404 86 509

New South Wales 193 867 241 1024

Barwon, VIC 2 34 4 37

Central Highlands, VIC 5 31 9 36

East Gippsland, VIC 2 16 4 18

Gippsland, VIC 5 21 6 25

Goulburn, VIC 3 27 3 28

Loddon, VIC 7 27 8 30

Mallee, VIC 6 8 6 8

Melbourne, VIC 2 115 6 172

Ovens-Murray, VIC 2 14 5 18

Western District, VIC 5 11 7 11

Wimmera, VIC 6 6 6 6

Victoria 45 310 64 389

Brisbane, QLD 71 302 94 337

Central West, QLD 2 2 2 2

Darling Downs, QLD 9 45 11 49

Far North, QLD 29 57 33 65

Fitzroy, QLD 34 54 37 56

Gold Coast, QLD 20 74 23 80

Mackay, QLD 31 45 37 45

North West, QLD 9 9 9 9

Northern, QLD 22 54 26 55

South West, QLD 3 3 3 3

Sunshine Coast, QLD 6 51 11 61

West Moreton, QLD 2 15 4 16

Wide Bay-Burnett, QLD 4 49 9 54

Queensland 242 760 299 832

Adelaide, SA 26 205 39 245

Eyre, SA 1 5 1 6

Murray Lands, SA 3 12 3 13

Northern, SA 11 18 11 20

Outer Adelaide, SA 1 16 1 22

South East, SA 1 6 1 6

Yorke and Lower North, SA 2 8 3 11


Central, WA 4 12 5 17

Kimberley, WA 5 7 6 7

Lower Great Southern, WA 1 7 1 9

Midlands, WA 1 3 1 3

Perth, WA 29 188 41 229

Pilbara, WA 13 13 13 13

South Eastern, WA 15 19 16 19

South West, WA 9 36 9 45

Upper Great Southern, WA 1 1 1 1


Greater Hobart, TAS 27 58 31 64

Mersey-Lyell, TAS 13 31 14 33

Northern, TAS 13 37 14 40

Southern, TAS 1 5 1 6

Tasmania 54 131 60 143

Darwin, NT 16 56 21 60

Northern Territory - Bal, NT 13 17 16 17


Canberra, ACT 6 81 11 99

National 692 2,778 864 3,230


Principal & interest Interest only Principal & interest Interest only

Jun-13 692 2,778 864 3,230

Jun-12 179 1,083 193 1,153

Difference 286.6% 156.5% 347.7% 180.1%

Variable interest rate (6.15% / 5.4%) 3 year fixed interest rate (6.1%/5.15%)

Headline findings

The results across the country based on the different payment

scenarios are detailed below:

1. Servicing a principal and interest loan on a variable mortgage

rate: 692 suburbs

2. Servicing an interest only loan on a variable mortgage rate:

2,778 suburbs

3. Servicing a principal and interest loan on a three year fixed

mortgage rate: 864 suburbs

4. Servicing an interest only loan on a three year fixed mortgage

rate: 3,230 suburbs

With lower mortgage rates and a mild recovery in house and unit

values, in conjunction with higher rental rates, there has been a

further uplift in the number of suburbs where monthly mortgage

payments are lower than rental payments. Based on a discounted

variable rate of 5.4 per cent with principal and interest payments,

there has been a 387 per cent uplift over the past 12 months in the

number of suburbs nationally, where servicing a mortgage is more

affordable than renting.

For three year fixed rate mortgages, where interest rates are even

lower at 5.25 per cent, the number of suburbs cheaper to pay a

mortgage is significantly greater than those for the more popular

standard variable mortgage rates.


mortgage than rent across Australian regions

Source: RP Data Note figures include results for houses and units. Where a

suburb shows it is more affordable to service a mortgage compared with renting

for houses and units the suburb is counted separately.


mortgage than rent

June ‘13 results versus June ‘12 results

The largest number of suburbs, where paying a mortgage is

currently more affordable than renting, can be found within the

Sydney region. Across the Greater Sydney region, based on

servicing a principal and interest mortgage on a variable interest

rate, there are now 73 suburbs where paying a home loan is

more affordable than paying a landlord. Brisbane is not far

behind (71 suburbs), followed by the Hunter region of New South

Wales (40 suburbs).

Of the capital cities, Melbourne is showing the smallest number

of suburbs where paying a mortgage is the more affordable

option compared with renting, with only 2 suburbs. The low

number of suburbs where it is more affordable to pay a mortgage



counted separately.

than rent can be attributed to the strong run of capital gains that has been recorded across Melbourne, together with

relatively flat rental markets over recent times.

Nationally, regional areas dominate the list, with 440 suburbs outside of the capital cities showing a better payments

schedule for buying compared with renting. There are 250 suburbs across the aggregated capital cities where better

payment schedules have been recorded for mortgage payments as opposed to renting (based on the principal and

interest payments on a variable mortgage rate).

Statistical Division

Principal &


Principal &


Central West, NSW 24 28 26 28

Far West, NSW 1 1 1 1

Hunter, NSW 104 196 118 205

Illawarra, NSW 40 103 51 113

Mid-North Coast, NSW 32 63 36 66

Murray, NSW 22 30 23 31

Murrumbidgee, NSW 23 30 24 30

North Western, NSW 7 8 8 8

Northern, NSW 24 26 25 26

Richmond-Tweed, NSW 25 50 29 51

South Eastern, NSW 21 44 26 45

Sydney, NSW 193 583 234 654

New South Wales 516 1,162 601 1,258

Barwon, VIC 23 44 25 50

Central Highlands, VIC 24 43 27 44

East Gippsland, VIC 12 20 14 20

Gippsland, VIC 12 30 18 33

Goulburn, VIC 22 30 24 30

Loddon, VIC 20 40 23 43

Mallee, VIC 8 8 8 8

Melbourne, VIC 43 270 59 330

Ovens-Murray, VIC 13 19 13 19

Western District, VIC 11 12 11 12

Wimmera, VIC 6 6 6 6

Victoria 194 522 228 595

Brisbane, QLD 188 364 223 388

Central West, QLD 2 2 2 2

Darling Downs, QLD 35 53 40 54

Far North, QLD 49 73 53 74

Fitzroy, QLD 45 56 45 56

Gold Coast, QLD 38 88 47 93

Mackay, QLD 42 45 42 46

North West, QLD 9 9 9 9

Northern, QLD 38 56 43 58

South West, QLD 3 3 3 3

Sunshine Coast, QLD 28 77 34 82

West Moreton, QLD 12 17 13 17

Wide Bay-Burnett, QLD 31 59 38 61

Queensland 520 902 592 943

Adelaide, SA 123 317 146 343

Eyre, SA 5 6 5 6

Murray Lands, SA 12 14 12 14

Northern, SA 17 20 17 20

Outer Adelaide, SA 6 30 10 30

South East, SA 6 10 6 11

Yorke and Lower North, SA 8 14 8 14


Central, WA 7 21 9 21

Kimberley, WA 6 7 7 7

Lower Great Southern, WA 4 13 4 15

Midlands, WA 2 4 3 5

Perth, WA 86 251 108 274

Pilbara, WA 13 13 13 13

South Eastern, WA 16 21 18 21

South West, WA 22 55 27 57

Upper Great Southern, WA 1 1 1 1


Greater Hobart, TAS 49 72 50 73

Mersey-Lyell, TAS 30 33 30 33

Northern, TAS 30 43 35 43

Southern, TAS 2 9 3 10

Tasmania 111 157 118 159

Darwin, NT 34 60 41 61

Northern Territory - Bal, NT 16 18 16 18


Canberra, ACT 36 107 45 114

National 1,761 3,725 2,035 4,000


Region

Principal &


Principal &


Cheaper to buy than rent 193 867 241 1,024

$50/week extra 323 295 360 234

New South Wales 516 1,162 601 1,258

Cheaper to buy than rent 45 310 64 389

$50/week extra 149 212 164 206

Victoria 194 522 228 595


$50/week extra 278 142 293 111

Queensland 520 902 592 943


$50/week extra 132 141 145 115



$50/week extra 79 100 97 71



$50/week extra 57 26 58 16

Tasmania 111 157 118 159


$50/week extra 21 5 20 2



$50/week extra 30 26 34 15

Canberra 36 107 45 114

Cheaper to buy than rent 692 2,778 864 3,230

$50/week extra 1,069 947 1,171 770

National 1,761 3,725 2,035 4,000


What if you were willing to spend an extra $50 per

week? For those prospective home buyers that are willing to

dedicate an extra $50 per week over and above what the

standard rental payments might be in a suburb, the list of

potential locations grows substantially.

Nationally, there are an additional 1,069 suburbs where it

costs an extra $50 per week to service a mortgage compared

with paying rent.

The majority of these additional suburbs are situated in New

South Wales, Queensland or Victoria. Suburbs of Sydney,

Brisbane and Adelaide comprise a large proportion of the list.

Region by Region: Number of suburbs where

typical mortgage payments are less than $50

extra per week compared with renting



counted separately.

Source: RP Data Note figures include results for houses and units. Where a

suburb shows it is more affordable to service a mortgage compared with renting for

houses and units the suburb is counted separately.

State by State: Number of suburbs cheaper to

service a mortgage than rent across Australian

vs. those where servicing a mortgage is less

than $50 extra a week

State by State Tables

Suburbs where paying a mortgage is, on

average, more affordable than paying rent,

based on principal and interest payments on a

variable mortgage rate loan.

Suburb State Statistical Division Council areaDistance from closest

capital city CBD (km)

Property

type

Principal &

interestInterest only

Principal &


Winston Hills NSW Sydney Parramatta 23 Unit $450 $1,950 $195,986 $176,387 -$960 -$1,156 -$987 -$1,193

Boggabri NSW Northern Narrabri 367 House $400 $1,733 $182,677 $164,409 -$810 -$993 -$836 -$1,028

Cobar NSW North Western Cobar 569 House $350 $1,517 $200,004 $180,003 -$506 -$707 -$534 -$744

Fern Bay NSW Hunter Port Stephens 124 House $550 $2,383 $379,053 $341,148 -$468 -$848 -$521 -$919

Windale NSW Hunter Lake Macquarie 106 Unit $348 $1,506 $210,243 $189,219 -$443 -$654 -$473 -$694

Murrurundi NSW Hunter Upper Hunter Shire 236 House $333 $1,441 $201,556 $181,400 -$422 -$625 -$450 -$662

Bolton Point NSW Hunter Lake Macquarie 103 House $370 $1,603 $242,517 $218,265 -$378 -$621 -$412 -$667

Waverley NSW Sydney Waverley 6 Unit $630 $2,730 $473,644 $426,279 -$336 -$812 -$402 -$901

Blayney NSW Central West Blayney 185 House $360 $1,560 $249,101 $224,190 -$301 -$551 -$336 -$598

Silverdale NSW Sydney Wollondilly 55 House $650 $2,817 $499,088 $449,179 -$294 -$795 -$364 -$889

Berkeley Vale NSW Sydney Wyong 62 Unit $335 $1,452 $229,576 $206,618 -$291 -$522 -$323 -$565

Glenreagh NSW Mid-North Coast Clarence Valley 347 House $350 $1,517 $248,086 $223,277 -$263 -$512 -$298 -$558

Wentworth NSW Murray Wentworth 859 House $223 $964 $138,789 $124,910 -$263 -$402 -$282 -$428

Bradbury NSW Sydney Campbelltown 44 Unit $335 $1,452 $237,531 $213,778 -$251 -$490 -$284 -$534

Wellington NSW North Western Wellington 256 House $220 $953 $140,064 $126,058 -$245 -$386 -$265 -$412

Condobolin NSW Central West Lachlan 388 House $215 $932 $135,863 $122,276 -$245 -$381 -$264 -$407

Narara NSW Sydney Gosford 54 Unit $360 $1,560 $263,181 $236,862 -$230 -$494 -$267 -$543

Pelaw Main NSW Hunter Cessnock 118 House $350 $1,517 $255,725 $230,152 -$224 -$481 -$260 -$529

Metford NSW Hunter Maitland 128 Unit $330 $1,430 $238,997 $215,097 -$222 -$462 -$256 -$507

South Grafton NSW Mid-North Coast Clarence Valley 488 House $280 $1,213 $196,202 $176,582 -$222 -$419 -$249 -$456

Bellbird NSW Hunter Cessnock 112 House $370 $1,603 $274,536 $247,082 -$216 -$491 -$254 -$543

Muswellbrook NSW Hunter Muswellbrook 180 Unit $300 $1,300 $218,657 $196,791 -$195 -$414 -$225 -$455

Fairfield NSW Sydney Fairfield 24 Unit $355 $1,538 $266,651 $239,986 -$191 -$458 -$228 -$508

Raymond Terrace NSW Hunter Port Stephens 133 Unit $280 $1,213 $202,503 $182,253 -$190 -$393 -$218 -$431

Muswellbrook NSW Hunter Muswellbrook 180 House $410 $1,777 $314,745 $283,271 -$186 -$502 -$230 -$561

Ambarvale NSW Sydney Campbelltown 44 Unit $313 $1,354 $231,393 $208,254 -$185 -$417 -$217 -$460

Mount Druitt NSW Sydney Blacktown 37 Unit $340 $1,473 $254,975 $229,478 -$185 -$441 -$220 -$488

Werris Creek NSW Northern Liverpool Plains 284 House $200 $867 $135,435 $121,892 -$182 -$318 -$201 -$344

Broken Hill NSW Far West Unincorporated NSW 936 House $210 $910 $144,981 $130,482 -$177 -$323 -$198 -$350

Green Valley NSW Sydney Liverpool 32 Unit $450 $1,950 $351,911 $316,720 -$172 -$525 -$221 -$591

Singleton Heights NSW Hunter Singleton 141 Unit $335 $1,452 $253,348 $228,013 -$171 -$426 -$207 -$473

Warilla NSW Illawarra Shellharbour 82 House $370 $1,603 $284,740 $256,266 -$164 -$450 -$204 -$504

Cundletown NSW Mid-North Coast Greater Taree 251 House $335 $1,452 $255,487 $229,938 -$160 -$417 -$196 -$465

Forest Hill NSW Murrumbidgee Wagga Wagga 373 House $320 $1,387 $243,993 $219,594 -$154 -$398 -$188 -$444

Wingham NSW Mid-North Coast Greater Taree 247 House $290 $1,257 $218,582 $196,724 -$152 -$371 -$183 -$412

South Kempsey NSW Mid-North Coast Kempsey 343 House $240 $1,040 $175,970 $158,373 -$151 -$327 -$175 -$360

Boolaroo NSW Hunter Lake Macquarie 109 House $351 $1,521 $271,299 $244,169 -$150 -$422 -$188 -$473

Buronga NSW Murray Wentworth 834 House $245 $1,062 $180,978 $162,880 -$147 -$329 -$172 -$363

Jesmond NSW Hunter Newcastle 112 Unit $335 $1,452 $258,164 $232,348 -$147 -$406 -$183 -$455

Frederickton NSW Mid-North Coast Kempsey 351 House $300 $1,300 $228,628 $205,765 -$145 -$374 -$176 -$417

Gillieston Heights NSW Hunter Maitland 127 House $430 $1,863 $340,103 $306,093 -$145 -$486 -$192 -$550

Toronto NSW Hunter Lake Macquarie 101 House $363 $1,571 $283,239 $254,915 -$139 -$424 -$179 -$477

Bella Vista NSW Sydney The Hills Shire 27 Unit $670 $2,903 $547,379 $492,641 -$137 -$686 -$213 -$789

Westdale NSW Northern Tamworth Regional 309 House $330 $1,430 $256,036 $230,432 -$136 -$393 -$172 -$441

Telegraph Point NSW Mid-North Coast Port Macquarie-Hastings 318 House $335 $1,452 $260,413 $234,372 -$136 -$397 -$172 -$446

Leumeah NSW Sydney Campbelltown 40 Unit $310 $1,343 $239,103 $215,193 -$135 -$375 -$168 -$420

Tregear NSW Sydney Blacktown 41 House $320 $1,387 $247,705 $222,935 -$135 -$383 -$169 -$430

Wyong NSW Sydney Wyong 68 Unit $320 $1,387 $247,982 $223,183 -$133 -$382 -$168 -$429

Watanobbi NSW Sydney Wyong 70 House $360 $1,560 $282,373 $254,136 -$133 -$416 -$172 -$469

Junee NSW Murrumbidgee Junee 352 House $250 $1,083 $189,084 $170,176 -$128 -$318 -$154 -$353

North Albury NSW Murray Albury 455 Unit $180 $780 $129,091 $116,182 -$128 -$257 -$146 -$281

Rutherford NSW Hunter Maitland 130 House $410 $1,777 $327,926 $295,133 -$119 -$449 -$165 -$510

Warwick Farm NSW Sydney Liverpool 26 Unit $300 $1,300 $233,744 $210,370 -$119 -$353 -$151 -$397

Windale NSW Hunter Lake Macquarie 106 House $310 $1,343 $242,350 $218,115 -$119 -$362 -$152 -$407

East Albury NSW Murray Albury 456 Unit $218 $943 $163,549 $147,194 -$116 -$280 -$139 -$311

Macquarie Fields NSW Sydney Campbelltown 32 Unit $330 $1,430 $260,021 $234,019 -$116 -$377 -$152 -$426

Narrabri NSW Northern Narrabri 406 House $400 $1,733 $320,508 $288,457 -$114 -$435 -$158 -$495

Punchbowl NSW Sydney Canterbury 16 Unit $350 $1,517 $277,730 $249,957 -$113 -$392 -$152 -$444

Karuah NSW Hunter Port Stephens 152 House $350 $1,517 $278,064 $250,258 -$111 -$391 -$150 -$443

Glenfield NSW Sydney Campbelltown 26 Unit $350 $1,517 $278,147 $250,332 -$111 -$390 -$150 -$442

Whalan NSW Sydney Blacktown 39 House $335 $1,452 $265,801 $239,221 -$108 -$375 -$145 -$425

Ourimbah NSW Sydney Wyong 58 Unit $335 $1,452 $265,804 $239,224 -$108 -$375 -$145 -$425

Leeton NSW Murrumbidgee Leeton 450 House $250 $1,083 $193,252 $173,926 -$107 -$301 -$134 -$337

Mayfield East NSW Hunter Newcastle 118 Unit $430 $1,863 $348,389 $313,550 -$103 -$452 -$151 -$518

Emerton NSW Sydney Blacktown 40 House $335 $1,452 $266,934 $240,241 -$103 -$371 -$140 -$421

Carramar NSW Sydney Fairfield 23 Unit $300 $1,300 $237,378 $213,640 -$100 -$339 -$133 -$383

Merriwa NSW Hunter Upper Hunter Shire 206 House $255 $1,105 $198,829 $178,946 -$100 -$300 -$128 -$337

Shortland NSW Hunter Newcastle 118 Unit $366 $1,584 $293,641 $264,277 -$100 -$395 -$141 -$450

Liverpool NSW Sydney Liverpool 28 Unit $330 $1,430 $263,570 $237,213 -$98 -$363 -$135 -$412

North Tamworth NSW Northern Tamworth Regional 308 Unit $270 $1,170 $212,204 $190,984 -$98 -$311 -$127 -$350

Key Statistics Estimated monthly difference between buying and renting

Variable interest rate (5.4%) 3 year fixed interest rate (5.15%)Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal

New South Wales See accompanying pdf document for buy versus rent analysis on all suburbs

Suburbs where paying a mortgage is, on average, more affordable than paying

rent based on principal and interest payments on a variable mortgage rate

Source: RP Data Note figures include results for houses and units. Where a suburb shows it is more affordable to service a mortgage compared with renting for houses and units the suburb is

counted separately.

New South Wales (continued) See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Springdale Heights NSW Murray Albury 457 House $275 $1,192 $216,972 $195,275 -$95 -$313 -$125 -$354

San Remo NSW Sydney Wyong 78 House $330 $1,430 $264,151 $237,735 -$95 -$360 -$132 -$410

South Tamworth NSW Northern Tamworth Regional 307 House $285 $1,235 $225,908 $203,317 -$93 -$320 -$125 -$362

Blackett NSW Sydney Blacktown 39 House $320 $1,387 $256,002 $230,402 -$93 -$350 -$129 -$398

Minto NSW Sydney Campbelltown 36 Unit $313 $1,354 $249,687 $224,718 -$92 -$343 -$127 -$390

Manilla NSW Northern Tamworth Regional 348 House $230 $997 $179,009 $161,108 -$92 -$272 -$117 -$305

Elermore Vale NSW Hunter Newcastle 114 Unit $378 $1,636 $305,803 $275,223 -$90 -$397 -$133 -$455

Lethbridge Park NSW Sydney Blacktown 41 House $320 $1,387 $256,612 $230,951 -$90 -$347 -$126 -$396

Flinders NSW Illawarra Shellharbour 84 Unit $400 $1,733 $325,256 $292,730 -$90 -$416 -$135 -$477

Lavington NSW Murray Albury 455 Unit $195 $845 $149,542 $134,588 -$89 -$239 -$110 -$267

Wickham NSW Hunter Newcastle 108 House $475 $2,058 $389,988 $350,989 -$87 -$479 -$142 -$552

Rosemeadow NSW Sydney Campbelltown 47 Unit $338 $1,463 $272,421 $245,179 -$86 -$359 -$124 -$410

Merimbula NSW South Eastern Bega Valley 356 Unit $250 $1,083 $197,792 $178,013 -$84 -$282 -$111 -$319

West Nowra NSW Illawarra Shoalhaven 111 House $335 $1,452 $270,739 $243,665 -$83 -$355 -$121 -$406

Oxley Vale NSW Northern Tamworth Regional 282 House $335 $1,452 $270,973 $243,876 -$82 -$354 -$120 -$405

Nana Glen NSW Mid-North Coast Coffs Harbour 447 House $350 $1,517 $284,288 $255,859 -$80 -$365 -$120 -$419

Kandos NSW Central West Mid-Western Regional 160 House $213 $921 $166,499 $149,849 -$79 -$247 -$103 -$278

Suffolk Park NSW Richmond-Tweed Byron 607 Unit $500 $2,167 $413,132 $371,819 -$79 -$493 -$136 -$571

Salamander Bay NSW Hunter Port Stephens 148 Unit $345 $1,495 $280,384 $252,346 -$78 -$359 -$117 -$412

West Wyalong NSW Central West Bland 370 House $230 $997 $182,089 $163,880 -$76 -$259 -$102 -$293

Haymarket NSW Sydney Sydney 0 Unit $720 $3,120 $602,568 $542,311 -$75 -$680 -$159 -$793

Scone NSW Hunter Upper Hunter Shire 198 House $400 $1,733 $328,236 $295,412 -$75 -$404 -$120 -$466

Mannering Park NSW Sydney Wyong 85 House $350 $1,517 $285,822 $257,240 -$72 -$359 -$112 -$413

Scone NSW Hunter Upper Hunter Shire 198 Unit $250 $1,083 $200,193 $180,174 -$72 -$273 -$100 -$310

Taree NSW Mid-North Coast Greater Taree 246 House $270 $1,170 $217,401 $195,661 -$71 -$290 -$102 -$330

Mardi NSW Sydney Wyong 66 Unit $320 $1,387 $260,916 $234,824 -$68 -$330 -$104 -$379

Ingleburn NSW Sydney Campbelltown 34 Unit $335 $1,452 $273,870 $246,483 -$68 -$342 -$106 -$394

Crestwood NSW South Eastern Queanbeyan 246 Unit $300 $1,300 $243,877 $219,489 -$67 -$312 -$102 -$358

Willmot NSW Sydney Blacktown 42 House $300 $1,300 $244,011 $219,610 -$67 -$312 -$101 -$358

Bowenfels NSW Central West Lithgow 108 House $260 $1,127 $209,832 $188,849 -$66 -$277 -$96 -$316

Jindabyne NSW South Eastern Snowy River 370 Unit $265 $1,148 $214,246 $192,821 -$66 -$281 -$95 -$321

Queanbeyan East NSW South Eastern Queanbeyan 244 Unit $310 $1,343 $252,870 $227,583 -$65 -$319 -$101 -$367

West Gosford NSW Sydney Gosford 50 Unit $330 $1,430 $270,837 $243,753 -$61 -$333 -$99 -$384

Lavington NSW Murray Albury 455 House $280 $1,213 $228,017 $205,215 -$61 -$290 -$93 -$333

South Murwillumbah NSW Richmond-Tweed Tweed 649 House $353 $1,528 $290,286 $261,257 -$60 -$352 -$101 -$406

Abermain NSW Hunter Cessnock 119 House $310 $1,343 $254,124 $228,711 -$59 -$314 -$95 -$362

West Kempsey NSW Mid-North Coast Kempsey 346 House $250 $1,083 $202,906 $182,615 -$58 -$262 -$86 -$300

Argenton NSW Hunter Lake Macquarie 111 House $350 $1,517 $288,716 $259,844 -$58 -$347 -$98 -$402

Gosford NSW Sydney Gosford 51 Unit $330 $1,430 $271,821 $244,639 -$56 -$329 -$94 -$380

Point Frederick NSW Sydney Wyong 49 Unit $330 $1,430 $272,378 $245,140 -$53 -$327 -$91 -$378

North Gosford NSW Sydney Gosford 52 Unit $340 $1,473 $281,088 $252,979 -$53 -$335 -$92 -$388

Goulburn NSW South Eastern Goulburn Mulwaree 164 Unit $230 $997 $186,948 $168,253 -$52 -$240 -$78 -$275

Tuggerawong NSW Sydney Wyong 70 House $375 $1,625 $311,387 $280,248 -$51 -$364 -$95 -$422

Guildford NSW Sydney Parramatta 20 Unit $380 $1,647 $315,922 $284,330 -$50 -$367 -$94 -$426

Roselands NSW Sydney Canterbury 13 Unit $380 $1,647 $316,018 $284,416 -$50 -$367 -$94 -$426

South Bathurst NSW Central West Bathurst Regional 155 House $320 $1,387 $265,089 $238,580 -$47 -$313 -$84 -$363

Campbelltown NSW Sydney Campbelltown 42 Unit $340 $1,473 $282,419 $254,177 -$46 -$330 -$85 -$382

Regents Park NSW Sydney Auburn 16 Unit $383 $1,658 $318,899 $287,009 -$46 -$366 -$90 -$426

Molong NSW Central West Cabonne 234 House $300 $1,300 $248,203 $223,383 -$46 -$295 -$80 -$341

Chester Hill NSW Sydney Bankstown 19 Unit $380 $1,647 $316,854 $285,169 -$45 -$363 -$90 -$423

Rutherford NSW Hunter Maitland 130 Unit $320 $1,387 $265,471 $238,924 -$45 -$312 -$82 -$361

Glendale NSW Hunter Lake Macquarie 109 House $380 $1,647 $317,022 $285,319 -$45 -$363 -$89 -$422

North Albury NSW Murray Albury 455 House $265 $1,148 $218,436 $196,592 -$44 -$264 -$75 -$305

Long Jetty NSW Sydney Wyong 62 Unit $340 $1,473 $282,859 $254,573 -$44 -$328 -$83 -$381

Coolamon NSW Murrumbidgee Coolamon 384 House $250 $1,083 $205,692 $185,122 -$44 -$250 -$73 -$289

Lisarow NSW Sydney Gosford 56 Unit $350 $1,517 $291,943 $262,749 -$41 -$334 -$82 -$389

Woodberry NSW Hunter Maitland 127 House $330 $1,430 $274,966 $247,469 -$40 -$316 -$79 -$368

Lake Illawarra NSW Illawarra Shellharbour 81 House $370 $1,603 $309,693 $278,724 -$38 -$349 -$81 -$407

Young NSW South Eastern Young 273 House $250 $1,083 $207,164 $186,448 -$36 -$244 -$65 -$283

Gloucester NSW Hunter Gloucester 218 House $300 $1,300 $250,084 $225,075 -$36 -$287 -$71 -$334

Glen Innes NSW Northern Glen Innes Severn 450 House $230 $997 $190,467 $171,420 -$34 -$225 -$61 -$261

Pendle Hill NSW Sydney Holroyd 24 Unit $380 $1,647 $319,882 $287,893 -$30 -$351 -$75 -$411

Camden NSW Sydney Camden 52 Unit $383 $1,658 $322,049 $289,844 -$30 -$353 -$75 -$414

Casino NSW Richmond-Tweed Richmond Valley 582 House $280 $1,213 $234,346 $210,911 -$29 -$264 -$62 -$308

Cessnock NSW Hunter Cessnock 116 House $323 $1,398 $270,981 $243,883 -$28 -$300 -$66 -$351

Dubbo NSW North Western Dubbo 298 House $310 $1,343 $260,300 $234,270 -$28 -$289 -$64 -$338

Fennell Bay NSW Hunter Lake Macquarie 104 House $380 $1,647 $320,370 $288,333 -$28 -$349 -$72 -$409

Greta NSW Hunter Cessnock 133 House $383 $1,658 $322,570 $290,313 -$27 -$351 -$72 -$412

Blacktown NSW Sydney Blacktown 30 Unit $370 $1,603 $311,971 $280,774 -$27 -$340 -$70 -$398

Werrington NSW Sydney Penrith 44 Unit $310 $1,343 $260,556 $234,500 -$27 -$288 -$63 -$337


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal



counted separately.

New South Wales (continued) See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Gunnedah NSW Northern Gunnedah 332 House $330 $1,430 $277,794 $250,014 -$26 -$305 -$65 -$357

Katoomba NSW Sydney Blue Mountains 85 Unit $280 $1,213 $235,005 $211,505 -$26 -$262 -$58 -$306

Captains Flat NSW South Eastern Palerang 250 House $280 $1,213 $235,037 $211,533 -$26 -$261 -$58 -$306

Woy Woy NSW Sydney Gosford 42 Unit $365 $1,582 $307,941 $277,147 -$25 -$335 -$68 -$392

Gol Gol NSW Murray Wentworth 831 House $310 $1,343 $260,820 $234,738 -$25 -$287 -$62 -$336

Rushcutters Bay NSW Sydney Sydney 0 Unit $460 $1,993 $389,559 $350,603 -$25 -$416 -$79 -$489

Mount Saint Thomas NSW Illawarra Wollongong 71 House $420 $1,820 $355,276 $319,748 -$25 -$381 -$74 -$448

Spring Farm NSW Sydney Camden 41 Unit $440 $1,907 $372,440 $335,196 -$24 -$398 -$76 -$468

Bankstown NSW Sydney Bankstown 17 Unit $400 $1,733 $338,167 $304,350 -$24 -$364 -$72 -$427

Islington NSW Hunter Newcastle 117 House $400 $1,733 $338,203 $304,383 -$24 -$364 -$71 -$427

Cowra NSW Central West Cowra 231 Unit $165 $715 $136,720 $123,048 -$24 -$161 -$43 -$187

Bowen Mountain NSW Sydney Hawkesbury 63 House $455 $1,972 $385,498 $346,948 -$23 -$410 -$77 -$483

Eagle Vale NSW Sydney Campbelltown 41 House $385 $1,668 $325,514 $292,963 -$23 -$350 -$69 -$411

Deniliquin NSW Murray Murray 596 House $215 $932 $180,140 $162,126 -$21 -$202 -$46 -$236

South Windsor NSW Sydney Hawkesbury 46 Unit $360 $1,560 $304,502 $274,052 -$21 -$327 -$64 -$384

Weston NSW Hunter Cessnock 119 House $310 $1,343 $261,679 $235,511 -$21 -$284 -$57 -$333

Byron Bay NSW Richmond-Tweed Byron 622 Unit $490 $2,123 $416,081 $374,473 -$21 -$438 -$79 -$516

Merrylands West NSW Sydney Holroyd 22 Unit $370 $1,603 $313,467 $282,120 -$19 -$334 -$63 -$393

Mount Austin NSW Murrumbidgee Wagga Wagga 381 House $275 $1,192 $232,074 $208,867 -$19 -$252 -$51 -$295

North Tamworth NSW Northern Tamworth Regional 308 House $323 $1,398 $272,873 $245,586 -$18 -$292 -$57 -$344

Kooringal NSW Murrumbidgee Wagga Wagga 379 Unit $215 $932 $180,758 $162,682 -$18 -$200 -$43 -$233

Corowa NSW Murray Corowa Shire 500 House $238 $1,029 $200,123 $180,110 -$18 -$219 -$46 -$256

Koonawarra NSW Illawarra Wollongong 80 House $350 $1,517 $296,678 $267,010 -$17 -$315 -$59 -$371

Glenmore Park NSW Sydney Penrith 49 Unit $400 $1,733 $339,637 $305,673 -$17 -$358 -$64 -$421

Ashmont NSW Murrumbidgee Wagga Wagga 383 House $250 $1,083 $211,023 $189,920 -$17 -$229 -$46 -$268

Wyee NSW Hunter Lake Macquarie 78 House $405 $1,755 $344,223 $309,801 -$15 -$361 -$63 -$425

Erina NSW Sydney Gosford 51 Unit $340 $1,473 $288,596 $259,736 -$15 -$305 -$55 -$359

North Lismore NSW Richmond-Tweed Lismore 596 House $280 $1,213 $237,506 $213,755 -$13 -$251 -$46 -$296

Hill Top NSW Illawarra Wingecarribee 85 House $380 $1,647 $323,461 $291,114 -$12 -$337 -$57 -$397

Bullaburra NSW Sydney Blue Mountains 75 House $370 $1,603 $314,926 $283,433 -$12 -$328 -$56 -$387

Bidwill NSW Sydney Blacktown 39 House $320 $1,387 $272,065 $244,859 -$12 -$285 -$50 -$336

Taree NSW Mid-North Coast Greater Taree 246 Unit $200 $867 $169,182 $152,264 -$12 -$181 -$35 -$213

Tura Beach NSW South Eastern Bega Valley 352 Unit $305 $1,322 $259,263 $233,337 -$11 -$272 -$48 -$320

Cringila NSW Illawarra Wollongong 74 House $300 $1,300 $255,263 $229,737 -$10 -$266 -$46 -$314

West Albury NSW Murray Albury 464 Unit $250 $1,083 $212,638 $191,374 -$9 -$222 -$38 -$262

Medlow Bath NSW Sydney Blue Mountains 88 House $360 $1,560 $307,059 $276,353 -$8 -$316 -$51 -$374

Grafton NSW Mid-North Coast Clarence Valley 492 House $300 $1,300 $255,704 $230,134 -$8 -$264 -$43 -$312

Howlong NSW Murray Corowa Shire 479 House $260 $1,127 $221,525 $199,372 -$7 -$229 -$38 -$271

Auburn NSW Sydney Auburn 17 Unit $398 $1,723 $339,485 $305,537 -$7 -$348 -$54 -$411

Booragul NSW Hunter Lake Macquarie 106 House $355 $1,538 $303,182 $272,864 -$6 -$310 -$48 -$367

Cootamundra NSW Murrumbidgee Cootamundra 306 House $220 $953 $187,451 $168,705 -$6 -$194 -$32 -$229

Wilton NSW Sydney Wollondilly 62 House $550 $2,383 $470,504 $423,453 -$6 -$478 -$71 -$566

Oxley Park NSW Sydney Penrith 40 Unit $365 $1,582 $311,881 $280,693 -$5 -$319 -$49 -$377

Penrith NSW Sydney Penrith 48 Unit $310 $1,343 $264,785 $238,307 -$5 -$271 -$42 -$321

Dharruk NSW Sydney Blacktown 39 House $350 $1,517 $299,153 $269,237 -$5 -$305 -$47 -$361

Karabar NSW South Eastern Queanbeyan 246 Unit $380 $1,647 $324,962 $292,466 -$4 -$331 -$50 -$392

Wauchope NSW Mid-North Coast Port Macquarie-Hastings 302 House $330 $1,430 $282,179 $253,961 -$4 -$287 -$43 -$340

Gorokan NSW Sydney Wyong 73 Unit $260 $1,127 $222,276 $200,048 -$3 -$226 -$34 -$268

Nambucca Heads NSW Mid-North Coast Nambucca 395 Unit $255 $1,105 $218,245 $196,420 -$2 -$221 -$32 -$262

St Marys NSW Sydney Penrith 41 Unit $350 $1,517 $299,759 $269,783 -$2 -$303 -$44 -$359

Centennial Park NSW Sydney Randwick 4 Unit $500 $2,167 $428,422 $385,579 -$2 -$432 -$61 -$512

Granville NSW Sydney Parramatta 18 Unit $380 $1,647 $325,589 $293,030 -$1 -$328 -$47 -$389

Edgeworth NSW Hunter Lake Macquarie 111 House $375 $1,625 $321,437 $289,293 -$1 -$323 -$45 -$383


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal



counted separately.

Victoria See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Carlton VIC Melbourne Melbourne 2 Unit $390 $1,690 $231,940 $208,746 -$518 -$751 -$550 -$794

Ballarat North VIC Central Highlands Ballarat 101 Unit $260 $1,127 $174,056 $156,650 -$247 -$422 -$271 -$454

North Wonthaggi VIC Gippsland Bass Coast 103 House $348 $1,506 $255,826 $230,243 -$213 -$470 -$249 -$518

Red Cliffs VIC Mallee Mildura 462 House $230 $997 $156,149 $140,534 -$208 -$364 -$229 -$394

Alfredton VIC Central Highlands Ballarat 106 Unit $270 $1,170 $193,323 $173,991 -$193 -$387 -$220 -$423

Terang VIC Western District Corangamite 186 House $235 $1,018 $172,284 $155,055 -$148 -$321 -$172 -$353

Dimboola VIC Wimmera Hindmarsh 301 House $165 $715 $112,644 $101,380 -$146 -$259 -$161 -$280

Ararat VIC Central Highlands Ararat 189 House $250 $1,083 $189,456 $170,510 -$126 -$316 -$152 -$352

Merbein VIC Mallee Mildura 482 House $205 $888 $151,545 $136,390 -$122 -$275 -$144 -$303

Mildura VIC Mallee Mildura 475 Unit $200 $867 $147,482 $132,734 -$121 -$269 -$142 -$297

Eaglehawk VIC Loddon Greater Bendigo 135 Unit $260 $1,127 $199,468 $179,521 -$119 -$319 -$146 -$356

Mooroopna VIC Goulburn Greater Shepparton 162 House $250 $1,083 $192,184 $172,966 -$112 -$305 -$139 -$341

Mildura VIC Mallee Mildura 475 House $270 $1,170 $210,018 $189,016 -$109 -$319 -$138 -$359

Rosedale VIC East Gippsland Wellington 163 House $260 $1,127 $203,775 $183,397 -$97 -$301 -$125 -$340

Heyfield VIC East Gippsland Wellington 161 House $230 $997 $178,217 $160,395 -$96 -$275 -$121 -$308

California Gully VIC Loddon Greater Bendigo 134 House $293 $1,268 $232,620 $209,358 -$92 -$325 -$124 -$369

Kangaroo Flat VIC Loddon Greater Bendigo 130 Unit $270 $1,170 $215,328 $193,795 -$82 -$298 -$112 -$338

Murtoa VIC Wimmera Yarriambiack 258 House $150 $650 $112,551 $101,296 -$81 -$194 -$97 -$215

Spring Gully VIC Loddon Greater Bendigo 128 Unit $280 $1,213 $224,501 $202,051 -$79 -$304 -$110 -$346

Horsham VIC Wimmera Horsham 274 House $278 $1,203 $223,474 $201,127 -$73 -$297 -$104 -$339

Koroit VIC Western District Moyne 234 House $340 $1,473 $277,437 $249,693 -$71 -$350 -$110 -$402

Irymple VIC Mallee Mildura 470 House $270 $1,170 $217,597 $195,837 -$70 -$289 -$101 -$330

Mortlake VIC Western District Moyne 192 House $210 $910 $166,375 $149,738 -$69 -$236 -$92 -$267

Moe VIC Gippsland Latrobe 120 House $210 $910 $166,682 $150,014 -$68 -$235 -$91 -$266

Carisbrook VIC Loddon Central Goldfields 133 House $255 $1,105 $205,393 $184,854 -$67 -$273 -$96 -$312

Stawell VIC Wimmera Northern Grampians 211 House $210 $910 $166,874 $150,187 -$67 -$234 -$90 -$265

Warracknabeal VIC Wimmera Yarriambiack 287 House $140 $607 $109,608 $98,647 -$53 -$163 -$68 -$183

Norlane VIC Barwon Greater Geelong 62 House $240 $1,040 $195,946 $176,351 -$50 -$246 -$77 -$283

Mooroopna VIC Goulburn Greater Shepparton 162 Unit $190 $823 $153,669 $138,302 -$47 -$201 -$68 -$230

Maryborough VIC Loddon Central Goldfields 138 House $228 $986 $186,936 $168,242 -$41 -$229 -$67 -$264

Lake Boga VIC Mallee Swan Hill 287 House $180 $780 $147,541 $132,787 -$34 -$182 -$55 -$210

Churchill VIC Gippsland Latrobe 138 House $210 $910 $173,504 $156,153 -$33 -$207 -$57 -$240

Horsham VIC Wimmera Horsham 274 Unit $220 $953 $183,589 $165,230 -$26 -$210 -$51 -$244

Beaufort VIC Central Highlands Pyrenees 146 House $220 $953 $183,824 $165,441 -$24 -$209 -$50 -$243

Redan VIC Central Highlands Ballarat 100 Unit $230 $997 $192,518 $173,266 -$24 -$217 -$51 -$253

Yallourn North VIC Gippsland Latrobe 128 House $188 $813 $156,573 $140,916 -$21 -$178 -$43 -$208

Melbourne VIC Melbourne Melbourne 1 Unit $470 $2,037 $398,954 $359,059 -$20 -$421 -$76 -$496

Wangaratta VIC Ovens-Murray Wangaratta 201 House $265 $1,148 $223,385 $201,047 -$19 -$244 -$51 -$286

Wodonga VIC Ovens-Murray Wodonga 251 House $290 $1,257 $245,244 $220,720 -$17 -$263 -$51 -$309

Yarrawonga VIC Goulburn Moira 220 Unit $255 $1,105 $215,501 $193,951 -$16 -$232 -$46 -$273

Dennington VIC Western District Moyne 229 House $370 $1,603 $315,774 $284,196 -$7 -$324 -$52 -$384

Heathcote VIC Loddon Greater Bendigo 102 House $300 $1,300 $256,433 $230,790 -$4 -$261 -$40 -$310

Corio VIC Barwon Greater Geelong 61 Unit $238 $1,029 $202,883 $182,595 -$4 -$207 -$32 -$246

Morwell VIC Gippsland Latrobe 134 House $200 $867 $170,809 $153,728 -$3 -$175 -$27 -$207

Cobden VIC Western District Corangamite 175 House $225 $975 $192,468 $173,221 -$2 -$196 -$29 -$232



Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal


counted separately.

Queensland See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Miles QLD Darling Downs Dalby 296 House $800 $3,467 $351,269 $316,142 -$1,691 -$2,044 -$1,740 -$2,110

Chinchilla QLD Darling Downs Dalby 241 Unit $550 $2,383 $297,398 $267,658 -$880 -$1,179 -$922 -$1,235

Bakers Creek QLD Mackay Mackay 797 House $570 $2,470 $322,677 $290,409 -$839 -$1,163 -$884 -$1,224

Mornington QLD North West Mount Isa 1,514 House $630 $2,730 $382,261 $344,035 -$798 -$1,182 -$851 -$1,254

Moranbah QLD Mackay Isaac 772 House $750 $3,250 $492,340 $443,106 -$762 -$1,256 -$831 -$1,348

Roma QLD South West Roma 425 House $555 $2,405 $325,622 $293,060 -$759 -$1,086 -$805 -$1,147

Winston QLD North West Mount Isa 1,565 House $600 $2,600 $379,736 $341,762 -$681 -$1,062 -$734 -$1,133

New Auckland QLD Fitzroy Gladstone 436 House $650 $2,817 $428,314 $385,482 -$652 -$1,082 -$712 -$1,162

Pioneer QLD North West Mount Isa 1,563 House $550 $2,383 $345,589 $311,030 -$637 -$984 -$685 -$1,048

Townview QLD North West Mount Isa 1,563 House $600 $2,600 $389,785 $350,807 -$630 -$1,021 -$685 -$1,094

Cloncurry QLD North West Cloncurry 1,475 House $450 $1,950 $265,494 $238,945 -$608 -$875 -$645 -$925

Soldiers Hill QLD North West Mount Isa 1,566 House $600 $2,600 $394,274 $354,847 -$607 -$1,003 -$662 -$1,077

Gladstone City QLD Fitzroy Gladstone 439 Unit $590 $2,557 $386,978 $348,280 -$601 -$989 -$655 -$1,062

Kirkwood QLD Fitzroy Gladstone 417 House $670 $2,903 $459,234 $413,311 -$582 -$1,043 -$647 -$1,130

Sunset QLD North West Mount Isa 1,564 House $580 $2,513 $387,351 $348,616 -$556 -$945 -$610 -$1,017

Nebo QLD Mackay Isaac 775 House $600 $2,600 $404,888 $364,399 -$554 -$960 -$610 -$1,036

West Gladstone QLD Fitzroy Gladstone 438 Unit $500 $2,167 $319,653 $287,688 -$551 -$872 -$596 -$932

Parkside QLD North West Mount Isa 1,564 House $560 $2,427 $375,258 $337,732 -$530 -$907 -$583 -$977

Glen Eden QLD Fitzroy Gladstone 423 House $630 $2,730 $436,588 $392,929 -$524 -$962 -$585 -$1,044

Craiglie QLD Far North Cairns 1,319 House $595 $2,578 $408,037 $367,233 -$516 -$926 -$573 -$1,002

Coochiemudlo Island QLD Brisbane Redland 32 House $465 $2,015 $299,547 $269,592 -$501 -$802 -$543 -$858

Emerald QLD Fitzroy Central Highlands 611 Unit $450 $1,950 $290,497 $261,447 -$482 -$773 -$522 -$828

South Gladstone QLD Fitzroy Gladstone 428 Unit $450 $1,950 $290,503 $261,453 -$482 -$773 -$522 -$828

Moranbah QLD Mackay Isaac 772 Unit $675 $2,925 $491,097 $441,987 -$443 -$936 -$512 -$1,028

Kin Kora QLD Fitzroy Gladstone 436 House $580 $2,513 $410,235 $369,212 -$440 -$852 -$497 -$929

New Auckland QLD Fitzroy Gladstone 436 Unit $440 $1,907 $294,784 $265,306 -$417 -$713 -$458 -$768

Brisbane City QLD Brisbane Brisbane 2 Unit $650 $2,817 $475,070 $427,563 -$416 -$893 -$482 -$982

Boyne Island QLD Fitzroy Gladstone 410 Unit $550 $2,383 $389,593 $350,634 -$414 -$805 -$469 -$879

Earlville QLD Far North Cairns 1,385 Unit $298 $1,289 $174,126 $156,713 -$409 -$584 -$433 -$617

Sippy Downs QLD Sunshine Coast Sunshine Coast 82 Unit $315 $1,365 $191,560 $172,404 -$397 -$589 -$424 -$625

Berserker QLD Fitzroy Rockhampton 516 Unit $400 $1,733 $265,894 $239,305 -$390 -$656 -$427 -$706

Barney Point QLD Fitzroy Gladstone 437 House $500 $2,167 $351,901 $316,711 -$388 -$741 -$437 -$807

Augustine Heights QLD Brisbane Ipswich 24 House $400 $1,733 $266,766 $240,089 -$385 -$653 -$422 -$703

Kamerunga QLD Far North Cairns 1,394 Unit $360 $1,560 $235,509 $211,958 -$370 -$606 -$403 -$650

Calliope QLD Fitzroy Gladstone 417 House $580 $2,513 $424,199 $381,779 -$370 -$795 -$429 -$875

Sun Valley QLD Fitzroy Gladstone 436 House $560 $2,427 $407,224 $366,502 -$369 -$777 -$425 -$854

Mirani QLD Mackay Mackay 779 House $500 $2,167 $356,426 $320,783 -$365 -$723 -$415 -$790

East Mackay QLD Mackay Mackay 800 Unit $410 $1,777 $279,835 $251,851 -$362 -$643 -$401 -$696

Ooralea QLD Mackay Mackay 800 House $623 $2,698 $462,500 $416,250 -$360 -$824 -$425 -$911

Healy QLD North West Mount Isa 1,562 House $585 $2,535 $433,748 $390,373 -$343 -$778 -$403 -$860

Clermont QLD Mackay Isaac 748 House $550 $2,383 $404,345 $363,911 -$340 -$746 -$396 -$822

Telina QLD Fitzroy Gladstone 435 House $605 $2,622 $451,742 $406,568 -$339 -$792 -$402 -$877

Clinton QLD Fitzroy Gladstone 428 House $580 $2,513 $432,887 $389,598 -$326 -$760 -$386 -$841

Minyama QLD Sunshine Coast Sunshine Coast 86 Unit $390 $1,690 $270,418 $243,376 -$323 -$595 -$361 -$646

Ashmore QLD Gold Coast Gold Coast 67 Unit $360 $1,560 $245,218 $220,696 -$321 -$567 -$355 -$613

Edmonton QLD Far North Cairns 1,280 Unit $230 $997 $135,701 $122,131 -$311 -$447 -$330 -$473

West End QLD Northern Townsville 1,088 Unit $328 $1,419 $225,386 $202,847 -$280 -$506 -$312 -$549

Edge Hill QLD Far North Cairns 1,389 Unit $250 $1,083 $159,951 $143,956 -$275 -$436 -$297 -$466

Manunda QLD Far North Cairns 1,387 Unit $235 $1,018 $147,274 $132,547 -$274 -$422 -$295 -$449

Burdell QLD Northern Townsville 1,116 House $420 $1,820 $306,202 $275,582 -$273 -$580 -$315 -$637

Boyne Island QLD Fitzroy Gladstone 410 House $600 $2,600 $460,694 $414,625 -$272 -$734 -$336 -$821

Victoria Point QLD Brisbane Redland 29 Unit $410 $1,777 $297,958 $268,162 -$271 -$570 -$312 -$626

Mount Lofty QLD Darling Downs Toowoomba 105 Unit $280 $1,213 $186,854 $168,169 -$269 -$457 -$295 -$492

Bundall QLD Gold Coast Gold Coast 71 Unit $398 $1,723 $288,255 $259,430 -$266 -$555 -$306 -$609

Armstrong Beach QLD Mackay Mackay 767 House $540 $2,340 $411,179 $370,061 -$262 -$675 -$319 -$752

Garbutt QLD Northern Townsville 1,110 Unit $345 $1,495 $244,061 $219,655 -$262 -$507 -$296 -$552

Yorkeys Knob QLD Far North Cairns 1,399 Unit $265 $1,148 $175,609 $158,048 -$261 -$437 -$285 -$470

Redlynch QLD Far North Cairns 1,390 Unit $300 $1,300 $205,988 $185,389 -$259 -$466 -$288 -$504

Mackay Harbour QLD Mackay Mackay 803 Unit $750 $3,250 $594,208 $534,787 -$247 -$843 -$330 -$955

Chinchilla QLD Darling Downs Dalby 241 House $475 $2,058 $358,481 $322,633 -$247 -$606 -$297 -$674

Arundel QLD Gold Coast Gold Coast 62 Unit $355 $1,538 $257,001 $231,301 -$240 -$497 -$275 -$546

Beenleigh QLD Brisbane Logan 32 Unit $265 $1,148 $180,106 $162,095 -$238 -$419 -$263 -$453

Parramatta Park QLD Far North Cairns 1,386 Unit $280 $1,213 $193,202 $173,881 -$237 -$431 -$264 -$467

Mudgeeraba QLD Gold Coast Gold Coast 76 Unit $393 $1,701 $290,317 $261,285 -$234 -$525 -$274 -$579

Woodridge QLD Brisbane Logan 19 Unit $260 $1,127 $176,789 $159,110 -$233 -$411 -$258 -$444

Logan Central QLD Brisbane Logan 21 Unit $250 $1,083 $169,416 $152,474 -$227 -$397 -$251 -$429

South Gladstone QLD Fitzroy Gladstone 428 House $520 $2,253 $401,399 $361,259 -$225 -$628 -$281 -$703

Emerald QLD Fitzroy Central Highlands 611 House $550 $2,383 $428,709 $385,838 -$217 -$647 -$277 -$727

Biloela QLD Fitzroy Banana 423 House $375 $1,625 $279,277 $251,349 -$214 -$494 -$253 -$546

Goodna QLD Brisbane Ipswich 21 Unit $278 $1,203 $196,109 $176,498 -$211 -$408 -$239 -$445


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal



counted separately.

Queensland (continued) See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Walkerston QLD Mackay Mackay 806 House $550 $2,383 $430,303 $387,272 -$209 -$641 -$269 -$721

Holmview QLD Brisbane Logan 31 House $380 $1,647 $285,370 $256,833 -$204 -$491 -$244 -$544

Springsure QLD Fitzroy Central Highlands 618 House $375 $1,625 $281,132 $253,019 -$204 -$486 -$243 -$539

Holloways Beach QLD Far North Cairns 1,395 Unit $240 $1,040 $167,487 $150,738 -$194 -$362 -$217 -$393

Blacks Beach QLD Mackay Mackay 754 House $550 $2,383 $433,827 $390,444 -$191 -$626 -$251 -$708

Collinsville QLD Mackay Whitsunday 929 House $350 $1,517 $262,523 $236,271 -$190 -$453 -$227 -$503

Charleville QLD South West Murweh 684 House $230 $997 $160,191 $144,171 -$187 -$348 -$209 -$378

Cannonvale QLD Mackay Whitsunday 910 Unit $350 $1,517 $263,552 $237,197 -$185 -$449 -$222 -$499

Loganlea QLD Brisbane Logan 25 House $360 $1,560 $272,411 $245,170 -$183 -$457 -$221 -$508

Cranbrook QLD Northern Townsville 1,108 Unit $280 $1,213 $203,871 $183,484 -$183 -$388 -$211 -$426

Mount Pleasant QLD Mackay Mackay 805 House $580 $2,513 $461,269 $415,142 -$182 -$645 -$247 -$732

North Mackay QLD Mackay Mackay 795 Unit $370 $1,603 $281,287 $253,158 -$182 -$464 -$221 -$517

Redbank QLD Brisbane Ipswich 22 House $350 $1,517 $264,544 $238,089 -$180 -$445 -$217 -$495

Hillcrest QLD Brisbane Logan 22 Unit $328 $1,419 $245,429 $220,886 -$179 -$425 -$213 -$471

Depot Hill QLD Fitzroy Rockhampton 517 House $260 $1,127 $188,651 $169,786 -$173 -$363 -$200 -$398

Wynnum West QLD Brisbane Brisbane 13 Unit $383 $1,658 $293,706 $264,335 -$173 -$468 -$214 -$523

Hermit Park QLD Northern Townsville 1,107 Unit $275 $1,192 $202,295 $182,065 -$169 -$372 -$198 -$410

Bungalow QLD Far North Cairns 1,385 Unit $220 $953 $155,510 $139,959 -$167 -$324 -$189 -$353

Reedy Creek QLD Gold Coast Gold Coast 80 Unit $345 $1,495 $262,701 $236,431 -$167 -$431 -$204 -$480

East Innisfail QLD Far North Cassowary Coast 1,314 House $280 $1,213 $207,045 $186,341 -$167 -$375 -$196 -$414

Highland Park QLD Gold Coast Gold Coast 68 Unit $326 $1,413 $247,311 $222,580 -$163 -$411 -$197 -$457

Deception Bay QLD Brisbane Moreton Bay 31 Unit $310 $1,343 $234,354 $210,919 -$159 -$394 -$192 -$438

Eagleby QLD Brisbane Logan 32 Unit $315 $1,365 $238,809 $214,928 -$158 -$398 -$191 -$443

Eagleby QLD Brisbane Logan 32 House $325 $1,408 $247,522 $222,770 -$157 -$406 -$192 -$452

Browns Plains QLD Brisbane Logan 21 Unit $355 $1,538 $273,519 $246,167 -$156 -$431 -$194 -$482

Merrimac QLD Gold Coast Gold Coast 72 Unit $355 $1,538 $273,570 $246,213 -$156 -$430 -$194 -$482

Manoora QLD Far North Cairns 1,388 Unit $220 $953 $158,003 $142,202 -$155 -$313 -$177 -$343

Goodna QLD Brisbane Ipswich 21 House $330 $1,430 $252,578 $227,320 -$154 -$407 -$189 -$454

Helidon QLD West Moreton Lockyer Valley 89 House $303 $1,311 $229,417 $206,475 -$151 -$382 -$183 -$425

Varsity Lakes QLD Gold Coast Gold Coast 78 Unit $420 $1,820 $330,275 $297,248 -$151 -$482 -$197 -$544

Aeroglen QLD Far North Cairns 1,391 House $443 $1,918 $350,062 $315,056 -$148 -$500 -$197 -$565

Pacific Pines QLD Gold Coast Gold Coast 59 Unit $360 $1,560 $279,909 $251,918 -$145 -$426 -$184 -$479

Beaconsfield QLD Mackay Mackay 797 House $520 $2,253 $417,502 $375,752 -$143 -$562 -$202 -$641

Raceview QLD Brisbane Ipswich 31 Unit $320 $1,387 $247,184 $222,466 -$137 -$386 -$172 -$432

East Mackay QLD Mackay Mackay 800 House $530 $2,297 $427,553 $384,798 -$136 -$565 -$196 -$645

Mount Gravatt QLD Brisbane Brisbane 8 Unit $443 $1,918 $352,982 $317,684 -$134 -$488 -$183 -$554

Pimlico QLD Northern Townsville 1,108 Unit $295 $1,278 $226,942 $204,248 -$131 -$359 -$163 -$402

South Mackay QLD Mackay Mackay 800 Unit $398 $1,723 $315,239 $283,715 -$129 -$446 -$173 -$505

Molendinar QLD Gold Coast Gold Coast 64 Unit $305 $1,322 $236,155 $212,540 -$128 -$365 -$161 -$410

Cairns North QLD Far North Cairns 1,387 Unit $290 $1,257 $223,309 $200,978 -$128 -$352 -$159 -$394

Brendale QLD Brisbane Moreton Bay 17 Unit $330 $1,430 $257,726 $231,953 -$128 -$386 -$163 -$435

West Gladstone QLD Fitzroy Gladstone 438 House $500 $2,167 $403,630 $363,267 -$127 -$532 -$183 -$608

Kirwan QLD Northern Townsville 1,109 Unit $350 $1,517 $275,024 $247,521 -$127 -$403 -$165 -$454

Mackay QLD Mackay Mackay 770 Unit $400 $1,733 $317,999 $286,199 -$126 -$445 -$171 -$505

Bundamba QLD Brisbane Ipswich 25 House $320 $1,387 $249,428 $224,485 -$126 -$376 -$161 -$423

Dinmore QLD Brisbane Ipswich 24 House $290 $1,257 $223,891 $201,502 -$125 -$350 -$156 -$392

St George QLD South West Balonne 443 House $280 $1,213 $215,556 $194,000 -$124 -$340 -$154 -$381

Mount Morgan QLD Fitzroy Rockhampton 500 House $210 $910 $155,769 $140,192 -$123 -$279 -$145 -$308

Birkdale QLD Brisbane Redland 19 Unit $375 $1,625 $297,248 $267,523 -$123 -$421 -$164 -$477

Logan Central QLD Brisbane Logan 21 House $320 $1,387 $250,184 $225,165 -$122 -$373 -$157 -$420

Marsden QLD Brisbane Logan 24 House $360 $1,560 $284,710 $256,239 -$121 -$407 -$161 -$460

Oxenford QLD Gold Coast Gold Coast 56 Unit $315 $1,365 $246,329 $221,696 -$120 -$367 -$154 -$414

Woodridge QLD Brisbane Logan 19 House $310 $1,343 $242,159 $217,943 -$120 -$363 -$153 -$408

Redbank Plains QLD Brisbane Ipswich 26 House $330 $1,430 $259,428 $233,485 -$119 -$379 -$155 -$428

West Mackay QLD Mackay Mackay 801 Unit $420 $1,820 $336,802 $303,122 -$118 -$456 -$165 -$519

Freshwater QLD Far North Cairns 1,323 Unit $280 $1,213 $217,105 $195,395 -$116 -$334 -$146 -$375

Lawnton QLD Brisbane Moreton Bay 21 Unit $280 $1,213 $217,364 $195,628 -$115 -$333 -$145 -$374

Kelso QLD Northern Townsville 1,083 House $350 $1,517 $277,453 $249,708 -$114 -$393 -$153 -$445

Waterford QLD Brisbane Logan 30 House $400 $1,733 $320,356 $288,320 -$114 -$436 -$159 -$496

Andergrove QLD Mackay Mackay 806 Unit $380 $1,647 $303,210 $272,889 -$114 -$419 -$157 -$476

Rosslea QLD Northern Townsville 1,106 Unit $300 $1,300 $234,783 $211,305 -$113 -$349 -$146 -$393

North Booval QLD Brisbane Ipswich 27 House $300 $1,300 $236,337 $212,703 -$106 -$343 -$139 -$387

Slacks Creek QLD Brisbane Logan 22 Unit $280 $1,213 $219,276 $197,348 -$105 -$325 -$136 -$366

Helensvale QLD Gold Coast Gold Coast 56 Unit $365 $1,582 $292,953 $263,658 -$101 -$395 -$142 -$450

Nerang QLD Gold Coast Gold Coast 65 Unit $310 $1,343 $246,235 $221,612 -$99 -$346 -$133 -$392

Waterford West QLD Brisbane Logan 26 Unit $260 $1,127 $203,825 $183,443 -$97 -$301 -$125 -$339

Andergrove QLD Mackay Mackay 806 House $500 $2,167 $409,694 $368,725 -$96 -$507 -$153 -$584

Crestmead QLD Brisbane Logan 25 House $340 $1,473 $272,729 $245,456 -$95 -$369 -$133 -$420

Woree QLD Far North Cairns 1,384 Unit $210 $910 $161,389 $145,250 -$94 -$256 -$117 -$287

Gracemere QLD Fitzroy Rockhampton 511 House $395 $1,712 $320,583 $288,525 -$92 -$413 -$136 -$473

3 year fixed interest rate (5.15%)Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal

Variable interest rate (5.4%)



counted separately.






Property

type

Principal &


Principal &


Belgian Gardens QLD Northern Townsville 1,058 Unit $370 $1,603 $299,335 $269,401 -$91 -$391 -$132 -$447

Leichhardt QLD Brisbane Ipswich 34 House $275 $1,192 $217,952 $196,157 -$90 -$309 -$121 -$350

Longreach QLD Central West Longreach 957 House $320 $1,387 $256,744 $231,069 -$89 -$347 -$125 -$395

Eimeo QLD Mackay Mackay 811 House $550 $2,383 $454,076 $408,668 -$89 -$544 -$152 -$629

Upper Mount Gravatt QLD Brisbane Brisbane 11 Unit $425 $1,842 $346,974 $312,276 -$88 -$436 -$137 -$501

Gailes QLD Brisbane Ipswich 19 House $285 $1,235 $226,961 $204,265 -$88 -$316 -$120 -$358

Fitzgibbon QLD Brisbane Brisbane 13 Unit $380 $1,647 $308,517 $277,665 -$87 -$397 -$131 -$455

Vincent QLD Northern Townsville 1,109 House $340 $1,473 $274,271 $246,844 -$87 -$363 -$126 -$414

White Rock QLD Far North Cairns 1,381 House $330 $1,430 $265,710 $239,139 -$87 -$354 -$124 -$404

Wellington Point QLD Brisbane Redland 21 Unit $403 $1,744 $328,193 $295,374 -$86 -$415 -$131 -$477

Capella QLD Fitzroy Central Highlands 699 House $460 $1,993 $377,835 $340,052 -$84 -$463 -$137 -$534

Sarina QLD Mackay Mackay 763 House $440 $1,907 $361,088 $324,979 -$82 -$444 -$132 -$512

Clontarf QLD Brisbane Moreton Bay 25 Unit $338 $1,463 $273,591 $246,232 -$80 -$354 -$118 -$406

Manoora QLD Far North Cairns 1,388 House $320 $1,387 $258,993 $233,093 -$78 -$338 -$114 -$386

Trinity Beach QLD Far North Cairns 1,402 Unit $300 $1,300 $242,006 $217,805 -$77 -$320 -$111 -$365

Bellara QLD Brisbane Moreton Bay 47 Unit $320 $1,387 $259,249 $233,324 -$76 -$337 -$113 -$385

North Mackay QLD Mackay Mackay 795 House $455 $1,972 $375,310 $337,779 -$75 -$452 -$127 -$522

Daisy Hill QLD Brisbane Logan 23 Unit $350 $1,517 $285,506 $256,955 -$74 -$360 -$114 -$414

Home Hill QLD Northern Burdekin 1,036 House $278 $1,203 $223,611 $201,250 -$72 -$297 -$104 -$339

Caravonica QLD Far North Cairns 1,396 House $380 $1,647 $311,901 $280,711 -$70 -$383 -$114 -$442

Kingston QLD Brisbane Logan 22 House $310 $1,343 $252,051 $226,845 -$70 -$323 -$105 -$370

Algester QLD Brisbane Brisbane 16 Unit $370 $1,603 $303,584 $273,226 -$69 -$374 -$111 -$431

Wakerley QLD Brisbane Brisbane 13 Unit $463 $2,004 $382,976 $344,678 -$69 -$453 -$122 -$525

Moura QLD Fitzroy Banana 443 House $330 $1,430 $269,385 $242,447 -$69 -$339 -$106 -$390

North Ward QLD Northern Townsville 1,110 Unit $350 $1,517 $286,617 $257,955 -$68 -$356 -$108 -$410

Laidley QLD West Moreton Lockyer Valley 63 House $285 $1,235 $230,954 $207,858 -$68 -$300 -$100 -$343

Tewantin QLD Sunshine Coast Sunshine Coast 118 Unit $330 $1,430 $269,719 $242,747 -$67 -$338 -$105 -$388

Slade Point QLD Mackay Mackay 806 House $455 $1,972 $376,900 $339,210 -$67 -$445 -$119 -$516

Nambour QLD Sunshine Coast Sunshine Coast 93 Unit $270 $1,170 $218,327 $196,494 -$67 -$286 -$97 -$327

Hendra QLD Brisbane Brisbane 7 Unit $590 $2,557 $492,830 $443,547 -$66 -$561 -$135 -$653

Manly West QLD Brisbane Brisbane 14 Unit $415 $1,798 $343,245 $308,920 -$64 -$408 -$112 -$473

South Mackay QLD Mackay Mackay 800 House $470 $2,037 $390,545 $351,491 -$63 -$455 -$117 -$528

Garbutt QLD Northern Townsville 1,110 House $358 $1,549 $294,094 $264,685 -$63 -$358 -$104 -$413

West Rockhampton QLD Fitzroy Rockhampton 520 House $338 $1,463 $277,094 $249,385 -$62 -$340 -$101 -$392

West Mackay QLD Mackay Mackay 801 House $480 $2,080 $399,524 $359,571 -$61 -$462 -$117 -$537

Mooroobool QLD Far North Cairns 1,387 Unit $235 $1,018 $189,589 $170,630 -$60 -$250 -$87 -$286

Rasmussen QLD Northern Townsville 1,106 House $340 $1,473 $279,873 $251,886 -$59 -$340 -$98 -$392

Gayndah QLD Wide Bay-Burnett North Burnett 248 House $235 $1,018 $189,951 $170,956 -$58 -$249 -$85 -$285

Rockhampton City QLD Fitzroy Rockhampton 519 House $275 $1,192 $224,394 $201,954 -$58 -$283 -$89 -$325

Whitfield QLD Far North Cairns 1,365 Unit $265 $1,148 $216,536 $194,882 -$54 -$271 -$84 -$312

Marian QLD Mackay Mackay 771 House $520 $2,253 $435,230 $391,707 -$54 -$491 -$115 -$572

Berserker QLD Fitzroy Rockhampton 516 House $310 $1,343 $255,241 $229,717 -$53 -$310 -$89 -$357

Wyreema QLD Darling Downs Toowoomba 117 House $350 $1,517 $289,633 $260,670 -$53 -$344 -$93 -$398

Gladstone City QLD Fitzroy Gladstone 439 House $580 $2,513 $486,846 $438,161 -$53 -$542 -$121 -$633

Gulliver QLD Northern Townsville 1,108 House $350 $1,517 $289,910 $260,919 -$52 -$343 -$92 -$397

Blackall QLD Central West Blackall Tambo 691 House $200 $867 $161,542 $145,388 -$50 -$212 -$73 -$243

Heatley QLD Northern Townsville 1,109 House $350 $1,517 $290,160 $261,144 -$50 -$342 -$91 -$396

Edens Landing QLD Brisbane Logan 30 Unit $280 $1,213 $230,160 $207,144 -$50 -$281 -$82 -$324

Labrador QLD Gold Coast Gold Coast 65 Unit $325 $1,408 $269,296 $242,366 -$47 -$318 -$85 -$368

Bucasia QLD Mackay Mackay 814 House $550 $2,383 $462,500 $416,250 -$46 -$510 -$111 -$597

Upper Coomera QLD Gold Coast Gold Coast 52 Unit $370 $1,603 $308,488 $277,639 -$44 -$354 -$87 -$412

Zillmere QLD Brisbane Brisbane 12 Unit $370 $1,603 $308,762 $277,886 -$43 -$353 -$86 -$411

Runcorn QLD Brisbane Brisbane 15 Unit $375 $1,625 $313,074 $281,767 -$43 -$357 -$86 -$416

Springwood QLD Brisbane Logan 20 Unit $320 $1,387 $266,212 $239,590 -$41 -$309 -$78 -$358

Port Douglas QLD Far North Cairns 1,441 Unit $295 $1,278 $244,951 $220,456 -$40 -$286 -$75 -$332

Cairns City QLD Far North Cairns 1,386 Unit $400 $1,733 $335,192 $301,673 -$39 -$376 -$86 -$439

Cleveland QLD Brisbane Redland 25 Unit $410 $1,777 $343,797 $309,417 -$39 -$384 -$87 -$449

Kippa-Ring QLD Brisbane Moreton Bay 28 Unit $315 $1,365 $262,345 $236,111 -$39 -$303 -$76 -$352

Spring Hill QLD Brisbane Brisbane 1 Unit $485 $2,102 $408,342 $367,508 -$38 -$448 -$95 -$524

Redbank Plains QLD Brisbane Ipswich 26 Unit $270 $1,170 $224,081 $201,672 -$38 -$262 -$69 -$304

Hillcrest QLD Brisbane Logan 22 House $375 $1,625 $314,134 $282,720 -$37 -$353 -$81 -$412

Robina QLD Gold Coast Gold Coast 76 Unit $418 $1,809 $350,635 $315,571 -$37 -$389 -$86 -$455

South Townsville QLD Northern Townsville 1,107 Unit $380 $1,647 $319,018 $287,116 -$34 -$355 -$79 -$414

Condon QLD Northern Townsville 1,107 House $350 $1,517 $293,316 $263,984 -$34 -$329 -$75 -$384

Mountain Creek QLD Sunshine Coast Sunshine Coast 84 Unit $300 $1,300 $250,793 $225,714 -$33 -$284 -$68 -$331

Mundingburra QLD Northern Townsville 1,106 Unit $275 $1,192 $229,471 $206,524 -$32 -$262 -$64 -$305

Walkervale QLD Wide Bay-Burnett Bundaberg 294 House $280 $1,213 $234,067 $210,660 -$30 -$265 -$63 -$309

Atherton QLD Far North Tablelands 1,370 Unit $230 $997 $191,325 $172,192 -$30 -$222 -$56 -$258

Norman Gardens QLD Fitzroy Rockhampton 519 Unit $330 $1,430 $277,409 $249,668 -$28 -$306 -$67 -$359

Deeragun QLD Northern Townsville 1,057 House $370 $1,603 $311,885 $280,697 -$27 -$340 -$71 -$399


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal



counted separately.






Property

type

Principal &


Principal &


Darra QLD Brisbane Brisbane 13 Unit $340 $1,473 $286,286 $257,657 -$27 -$314 -$66 -$368

Bungalow QLD Far North Cairns 1,385 House $350 $1,517 $294,975 $265,478 -$26 -$322 -$67 -$377

Burleigh Waters QLD Gold Coast Gold Coast 79 Unit $360 $1,560 $303,552 $273,197 -$26 -$331 -$68 -$388

Riverview QLD Brisbane Ipswich 23 House $270 $1,170 $226,554 $203,898 -$25 -$252 -$57 -$295

Oakey QLD Darling Downs Toowoomba 129 House $260 $1,127 $218,213 $196,392 -$24 -$243 -$54 -$284

Rothwell QLD Brisbane Moreton Bay 28 Unit $343 $1,484 $288,979 $260,081 -$24 -$314 -$64 -$368

Maryborough QLD Wide Bay-Burnett Fraser Coast 217 Unit $225 $975 $188,253 $169,428 -$24 -$213 -$50 -$248

Ormeau QLD Gold Coast Gold Coast 36 Unit $360 $1,560 $304,083 $273,675 -$23 -$328 -$66 -$385

Taigum QLD Brisbane Brisbane 14 Unit $350 $1,517 $295,573 $266,015 -$23 -$320 -$64 -$375

Elanora QLD Gold Coast Gold Coast 84 Unit $340 $1,473 $287,017 $258,315 -$23 -$311 -$63 -$365

Brassall QLD Brisbane Ipswich 31 House $340 $1,473 $287,244 $258,520 -$22 -$310 -$62 -$364

Blackwater QLD Fitzroy Central Highlands 568 House $550 $2,383 $467,314 $420,583 -$22 -$491 -$87 -$578

Newtown QLD Darling Downs Toowoomba 109 Unit $270 $1,170 $228,334 $205,501 -$16 -$245 -$48 -$288

Dalby QLD Darling Downs Dalby 178 House $310 $1,343 $262,750 $236,475 -$15 -$279 -$52 -$328

Fortitude Valley QLD Brisbane Brisbane 2 Unit $485 $2,102 $412,913 $371,621 -$15 -$429 -$73 -$507

Brookwater QLD Brisbane Ipswich 24 Unit $550 $2,383 $468,926 $422,033 -$13 -$484 -$79 -$572

Oxley QLD Brisbane Brisbane 11 Unit $390 $1,690 $332,450 $299,205 -$10 -$344 -$56 -$406

Tanah Merah QLD Brisbane Logan 27 Unit $290 $1,257 $246,841 $222,156 -$9 -$257 -$44 -$303

Booval QLD Brisbane Ipswich 28 Unit $245 $1,062 $208,357 $187,521 -$9 -$218 -$38 -$257

Brinsmead QLD Far North Cairns 1,391 House $450 $1,950 $384,289 $345,860 -$8 -$394 -$62 -$466

Slacks Creek QLD Brisbane Logan 22 House $330 $1,430 $281,412 $253,271 -$8 -$290 -$47 -$343

Coombabah QLD Gold Coast Gold Coast 59 Unit $350 $1,517 $298,585 $268,727 -$8 -$307 -$49 -$363

Caboolture QLD Brisbane Moreton Bay 44 House $320 $1,387 $273,638 $246,274 -$4 -$278 -$42 -$330

Kallangur QLD Brisbane Moreton Bay 25 Unit $330 $1,430 $282,414 $254,173 -$3 -$286 -$42 -$339

Douglas QLD Northern Townsville 1,107 Unit $355 $1,538 $303,861 $273,474 -$3 -$308 -$45 -$365

Bundaberg North QLD Wide Bay-Burnett Bundaberg 298 House $300 $1,300 $256,803 $231,123 -$2 -$260 -$38 -$308

Cardwell QLD Far North Cassowary Coast 1,246 House $345 $1,495 $295,400 $265,860 -$2 -$299 -$43 -$354

Park Avenue QLD Fitzroy Rockhampton 521 House $320 $1,387 $273,974 $246,577 -$2 -$277 -$40 -$328

Darling Heights QLD Darling Downs Toowoomba 110 Unit $300 $1,300 $256,867 $231,180 -$2 -$260 -$38 -$308

Rochedale South QLD Brisbane Logan 18 Unit $310 $1,343 $265,449 $238,904 -$2 -$268 -$39 -$318

One Mile QLD Brisbane Ipswich 34 House $265 $1,148 $227,090 $204,381 -$1 -$229 -$32 -$271

Pacific Paradise QLD Sunshine Coast Sunshine Coast 94 Unit $298 $1,289 $255,080 $229,572 -$0 -$256 -$36 -$304

Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal




counted separately.

South Australia See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Whyalla SA Northern Whyalla 230 Unit $325 $1,408 $192,525 $173,272 -$435 -$629 -$462 -$665

Salisbury Downs SA Adelaide Salisbury 17 Unit $320 $1,387 $201,233 $181,110 -$370 -$572 -$398 -$609

Smithfield Plains SA Adelaide Playford 29 House $251 $1,088 $178,196 $160,376 -$187 -$366 -$212 -$399

Munno Para SA Adelaide Playford 30 House $285 $1,235 $207,517 $186,765 -$186 -$395 -$215 -$433

Elizabeth North SA Adelaide Playford 25 House $240 $1,040 $172,009 $154,808 -$171 -$343 -$195 -$376

Elizabeth Park SA Adelaide Playford 24 House $260 $1,127 $189,332 $170,399 -$170 -$360 -$196 -$395

Smithfield Plains SA Adelaide Playford 29 Unit $200 $867 $139,524 $125,571 -$162 -$302 -$181 -$328

Port Pirie West SA Northern Port Pirie City and Dists 202 House $198 $856 $139,530 $125,577 -$151 -$291 -$170 -$317

Whyalla Jenkins SA Northern Whyalla 234 House $385 $1,668 $300,321 $270,289 -$151 -$452 -$192 -$508

Athol Park SA Adelaide Charles Sturt 8 Unit $328 $1,419 $252,046 $226,841 -$145 -$398 -$181 -$446

Coober Pedy SA Northern Unincorporated SA 720 House $175 $758 $122,309 $110,078 -$140 -$263 -$157 -$286

Peterborough SA Northern Peterborough 218 House $155 $672 $105,183 $94,665 -$140 -$246 -$155 -$265

Whyalla Playford SA Northern Whyalla 231 House $360 $1,560 $281,928 $253,735 -$135 -$418 -$175 -$471

Cleve SA Eyre Cleve 236 House $240 $1,040 $179,204 $161,284 -$134 -$314 -$159 -$348

Davoren Park SA Adelaide Playford 27 House $230 $997 $171,098 $153,988 -$132 -$304 -$156 -$336

Salisbury North SA Adelaide Salisbury 20 Unit $245 $1,062 $185,709 $167,138 -$123 -$310 -$149 -$344

Elizabeth Downs SA Adelaide Playford 27 House $240 $1,040 $185,797 $167,217 -$101 -$288 -$127 -$322

Tailem Bend SA Murray Lands The Coorong 90 House $210 $910 $162,289 $146,060 -$90 -$253 -$112 -$283

Elizabeth SA Adelaide Playford 24 House $253 $1,094 $200,979 $180,881 -$78 -$280 -$107 -$318

Gawler South SA Adelaide Gawler 38 Unit $260 $1,127 $210,200 $189,180 -$64 -$275 -$94 -$315

Hackham West SA Adelaide Onkaparinga 24 House $285 $1,235 $231,728 $208,555 -$64 -$297 -$96 -$340

Elizabeth Vale SA Adelaide Playford 20 House $260 $1,127 $210,743 $189,669 -$62 -$273 -$91 -$313

Elizabeth East SA Adelaide Playford 23 House $250 $1,083 $202,193 $181,974 -$61 -$264 -$90 -$302

Smithfield SA Adelaide Playford 27 House $270 $1,170 $219,525 $197,573 -$61 -$281 -$91 -$322

Port Augusta West SA Northern Port Augusta 283 House $270 $1,170 $220,941 $198,846 -$53 -$275 -$84 -$317

Noarlunga Downs SA Adelaide Onkaparinga 27 House $318 $1,376 $261,824 $235,642 -$53 -$315 -$89 -$365

Paralowie SA Adelaide Salisbury 19 Unit $240 $1,040 $195,414 $175,872 -$52 -$249 -$80 -$285

Elizabeth South SA Adelaide Playford 22 House $225 $975 $182,918 $164,626 -$51 -$234 -$76 -$268

Ferryden Park SA Adelaide Port Adelaide Enfield 7 Unit $310 $1,343 $255,945 $230,350 -$50 -$307 -$86 -$355

Berri SA Murray Lands Berri and Barmera 193 Unit $165 $715 $132,223 $119,001 -$47 -$179 -$65 -$204

Whyalla SA Northern Whyalla 230 House $350 $1,517 $291,209 $262,088 -$45 -$337 -$86 -$392

Freeling SA Outer Adelaide Light 56 House $345 $1,495 $287,115 $258,404 -$44 -$332 -$84 -$386

Christie Downs SA Adelaide Onkaparinga 24 House $290 $1,257 $241,572 $217,415 -$36 -$278 -$70 -$324

Salisbury SA Adelaide Salisbury 18 Unit $220 $953 $182,186 $163,967 -$33 -$215 -$58 -$250

Bordertown SA South East Tatiara 249 House $200 $867 $165,706 $149,135 -$29 -$196 -$52 -$227

O'Sullivan Beach SA Adelaide Onkaparinga 21 House $300 $1,300 $252,750 $227,475 -$23 -$276 -$58 -$324

Solomontown SA Northern Port Pirie City and Dists 200 House $180 $780 $150,209 $135,188 -$21 -$172 -$42 -$200

Balaklava SA Yorke and Lower North Wakefield 88 House $224 $971 $188,082 $169,274 -$20 -$209 -$46 -$244

Maitland SA Yorke and Lower North Yorke Peninsula 105 House $228 $986 $191,416 $172,274 -$18 -$211 -$45 -$246

Renmark SA Murray Lands Renmark Paringa 213 House $210 $910 $176,664 $158,998 -$17 -$195 -$42 -$228

Hackham SA Adelaide Onkaparinga 23 House $295 $1,278 $249,901 $224,911 -$15 -$266 -$50 -$313

Port Augusta SA Northern Port Augusta 280 House $230 $997 $195,169 $175,652 -$10 -$206 -$38 -$243

Morphett Vale SA Adelaide Onkaparinga 22 Unit $255 $1,105 $217,009 $195,308 -$8 -$226 -$39 -$267

Ethelton SA Adelaide Port Adelaide Enfield 13 House $400 $1,733 $342,612 $308,351 -$2 -$346 -$50 -$410

Port Pirie South SA Northern Port Pirie City and Dists 194 House $220 $953 $188,323 $169,491 -$2 -$191 -$28 -$226


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal



counted separately.


counted separately.

Western Australia See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Newman WA Pilbara East Pilbara 908 House $2,300 $9,967 $826,529 $743,876 -$5,790 -$6,619 -$5,905 -$6,774

Port Hedland WA Pilbara Port Hedland 1,228 House $2,500 $10,833 $1,182,397 $1,064,157 -$4,858 -$6,045 -$5,023 -$6,266

South Hedland WA Pilbara Port Hedland 1,308 House $1,800 $7,800 $911,694 $820,525 -$3,193 -$4,108 -$3,320 -$4,279

South Hedland WA Pilbara Port Hedland 1,308 Unit $1,400 $6,067 $619,953 $557,958 -$2,934 -$3,556 -$3,020 -$3,672

Baynton WA Pilbara Roebourne 1,193 House $1,700 $7,367 $877,913 $790,121 -$2,930 -$3,811 -$3,052 -$3,976

Newman WA Pilbara East Pilbara 908 Unit $1,200 $5,200 $559,681 $503,713 -$2,371 -$2,933 -$2,450 -$3,038

Nickol WA Pilbara Roebourne 1,201 House $1,500 $6,500 $844,136 $759,722 -$2,234 -$3,081 -$2,352 -$3,240

Millars Well WA Pilbara Roebourne 1,246 House $1,300 $5,633 $684,210 $615,789 -$2,175 -$2,862 -$2,271 -$2,991

Pegs Creek WA Pilbara Roebourne 1,246 House $1,288 $5,579 $704,096 $633,686 -$2,021 -$2,728 -$2,119 -$2,860

Bulgarra WA Pilbara Roebourne 1,247 Unit $900 $3,900 $399,107 $359,196 -$1,883 -$2,284 -$1,939 -$2,358

Bulgarra WA Pilbara Roebourne 1,247 House $1,103 $4,780 $686,475 $617,828 -$1,310 -$1,999 -$1,406 -$2,128

Mount Hawthorn WA Perth Vincent 4 Unit $600 $2,600 $277,604 $249,844 -$1,197 -$1,476 -$1,236 -$1,528

Pegs Creek WA Pilbara Roebourne 1,246 Unit $850 $3,683 $494,070 $444,663 -$1,186 -$1,682 -$1,255 -$1,775

Dampier WA Pilbara Roebourne 1,128 House $1,250 $5,417 $916,089 $824,480 -$787 -$1,707 -$915 -$1,878

Burswood WA Perth Victoria Park 4 House $988 $4,279 $709,512 $638,561 -$693 -$1,406 -$792 -$1,539

Kununurra WA Kimberley Wyndham-East Kimberley 2,213 House $720 $3,120 $486,466 $437,819 -$662 -$1,150 -$729 -$1,241

Derby WA Kimberley Derby-West Kimberley 1,482 House $700 $3,033 $476,084 $428,476 -$627 -$1,105 -$694 -$1,194

Wundowie WA Midlands Northam 54 House $450 $1,950 $261,810 $235,629 -$627 -$890 -$663 -$939

Broome WA Kimberley Broome 1,583 Unit $580 $2,513 $374,921 $337,429 -$619 -$995 -$671 -$1,065

Sorrento WA Perth Joondalup 16 Unit $580 $2,513 $377,513 $339,761 -$605 -$984 -$658 -$1,055

Kalgoorlie WA South Eastern Kalgoorlie/Boulder 541 Unit $420 $1,820 $255,637 $230,073 -$528 -$785 -$564 -$833

South Boulder WA South Eastern Kalgoorlie/Boulder 532 House $380 $1,647 $223,277 $200,949 -$518 -$742 -$549 -$784

Exmouth WA Central Exmouth 1,092 Unit $380 $1,647 $224,500 $202,050 -$512 -$737 -$543 -$780

Ascot WA Perth Belmont 6 Unit $550 $2,383 $375,498 $337,948 -$486 -$863 -$538 -$933

Piccadilly WA South Eastern Kalgoorlie/Boulder 474 Unit $390 $1,690 $240,101 $216,091 -$477 -$718 -$510 -$763

Kalgoorlie WA South Eastern Kalgoorlie/Boulder 541 House $450 $1,950 $308,873 $277,985 -$389 -$699 -$432 -$757

Kambalda East WA South Eastern Coolgardie 555 House $280 $1,213 $171,387 $154,248 -$347 -$519 -$371 -$551

Mandurah WA South West Mandurah 62 Unit $400 $1,733 $276,987 $249,288 -$334 -$612 -$372 -$663

Boulder WA South Eastern Kalgoorlie/Boulder 543 House $385 $1,668 $266,277 $239,649 -$323 -$590 -$360 -$640

Kambalda West WA South Eastern Coolgardie 537 House $320 $1,387 $211,637 $190,473 -$317 -$530 -$347 -$569

Hannans WA South Eastern Kalgoorlie/Boulder 547 House $580 $2,513 $436,264 $392,638 -$309 -$746 -$369 -$828

Perth WA Perth Perth 1 Unit $650 $2,817 $500,514 $450,463 -$287 -$790 -$357 -$883

West Lamington WA South Eastern Kalgoorlie/Boulder 546 House $520 $2,253 $390,305 $351,275 -$281 -$673 -$335 -$746

Lathlain WA Perth Victoria Park 5 Unit $450 $1,950 $341,919 $307,727 -$222 -$565 -$270 -$629

East Perth WA Perth Perth 2 Unit $700 $3,033 $556,304 $500,674 -$222 -$780 -$300 -$885

Kewdale WA Perth Belmont 7 Unit $465 $2,015 $355,143 $319,629 -$220 -$577 -$270 -$643

Boddington WA South West Boddington 111 House $450 $1,950 $346,081 $311,473 -$201 -$548 -$249 -$613

Lamington WA South Eastern Kalgoorlie/Boulder 464 House $470 $2,037 $367,615 $330,854 -$179 -$548 -$230 -$617

Alkimos WA Perth Wanneroo 41 House $470 $2,037 $369,717 $332,745 -$168 -$539 -$220 -$609

Girrawheen WA Perth Wanneroo 12 Unit $380 $1,647 $293,826 $264,443 -$162 -$457 -$203 -$512

Beckenham WA Perth Gosnells 12 Unit $435 $1,885 $341,957 $307,761 -$157 -$500 -$205 -$564

South Kalgoorlie WA South Eastern Kalgoorlie/Boulder 534 House $380 $1,647 $295,836 $266,252 -$152 -$449 -$193 -$504

Balga WA Perth Stirling 10 Unit $420 $1,820 $332,665 $299,399 -$139 -$473 -$185 -$535

Victory Heights WA South Eastern Kalgoorlie/Boulder 518 House $385 $1,668 $302,719 $272,447 -$138 -$442 -$181 -$499

Rangeway WA Central Geraldton-Greenough 370 House $280 $1,213 $213,007 $191,706 -$137 -$351 -$167 -$391

Orelia WA Perth Kwinana 31 Unit $260 $1,127 $196,360 $176,724 -$134 -$331 -$162 -$368

Somerville WA South Eastern Kalgoorlie/Boulder 546 Unit $380 $1,647 $300,257 $270,231 -$129 -$431 -$171 -$487

Boulder WA South Eastern Kalgoorlie/Boulder 543 Unit $320 $1,387 $252,142 $226,928 -$112 -$365 -$148 -$413

Collie WA South West Collie 156 House $300 $1,300 $235,307 $211,776 -$111 -$347 -$144 -$391

Bibra Lake WA Perth Cockburn 16 Unit $470 $2,037 $381,411 $343,269 -$109 -$492 -$162 -$563

Djugun WA Kimberley Broome 1,679 House $815 $3,532 $677,776 $609,998 -$106 -$787 -$201 -$914

Wilson WA Perth Canning 8 Unit $480 $2,080 $390,608 $351,547 -$106 -$498 -$160 -$571

Queens Park WA Perth Canning 8 Unit $450 $1,950 $365,326 $328,793 -$104 -$470 -$155 -$539

Langford WA Perth Gosnells 12 Unit $350 $1,517 $279,790 $251,811 -$103 -$384 -$142 -$436

Coolbellup WA Perth Cockburn 15 Unit $400 $1,733 $322,972 $290,675 -$101 -$425 -$146 -$486

Brookdale WA Perth Armadale 27 House $360 $1,560 $288,797 $259,917 -$100 -$390 -$141 -$445

Bullsbrook WA Perth Swan 37 House $445 $1,928 $362,052 $325,847 -$99 -$462 -$149 -$530

Thornlie WA Perth Gosnells 15 Unit $410 $1,777 $333,029 $299,726 -$94 -$428 -$140 -$490

Piccadilly WA South Eastern Kalgoorlie/Boulder 474 House $405 $1,755 $329,575 $296,618 -$89 -$420 -$135 -$482

Cable Beach WA Kimberley Broome 1,676 House $815 $3,532 $681,435 $613,292 -$88 -$772 -$183 -$900

Bassendean WA Perth Bassendean 8 Unit $495 $2,145 $407,973 $367,175 -$83 -$493 -$140 -$569

Utakarra WA Central Geraldton-Greenough 370 House $290 $1,257 $234,674 $211,206 -$71 -$306 -$103 -$350

Seville Grove WA Perth Armadale 24 Unit $360 $1,560 $294,826 $265,343 -$70 -$366 -$111 -$421

Manjimup WA South West Manjimup 250 House $280 $1,213 $229,671 $206,703 -$53 -$283 -$85 -$326

Greenfields WA South West Mandurah 64 Unit $295 $1,278 $242,619 $218,357 -$52 -$296 -$86 -$341

Waikiki WA Perth Rockingham 41 Unit $350 $1,517 $290,960 $261,864 -$46 -$338 -$87 -$393

Pinjarra WA South West Murray 73 House $370 $1,603 $308,452 $277,607 -$44 -$354 -$88 -$412

Narrogin WA Upper Great Southern Narrogin 161 House $250 $1,083 $206,378 $185,740 -$40 -$248 -$69 -$286

Katanning WA Lower Great Southern Katanning 249 House $240 $1,040 $197,833 $178,050 -$40 -$239 -$68 -$276

West Perth WA Perth Perth 2 Unit $620 $2,687 $525,219 $472,697 -$32 -$560 -$106 -$658


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal




Property

type

Principal &


Principal &


Burswood WA Perth Victoria Park 4 Unit $750 $3,250 $636,932 $573,239 -$31 -$670 -$120 -$790

Coodanup WA South West Mandurah 67 House $350 $1,517 $295,256 $265,730 -$25 -$321 -$66 -$376

Canning Vale WA Perth Canning 15 Unit $460 $1,993 $390,954 $351,859 -$18 -$410 -$72 -$483

Spalding WA Central Geraldton-Greenough 375 House $320 $1,387 $271,134 $244,021 -$16 -$289 -$54 -$339

Carey Park WA South West Bunbury 155 Unit $320 $1,387 $271,413 $244,272 -$15 -$287 -$53 -$338

Gosnells WA Perth Gosnells 19 Unit $360 $1,560 $305,814 $275,233 -$14 -$321 -$57 -$379

Kelmscott WA Perth Armadale 23 Unit $350 $1,517 $297,494 $267,745 -$13 -$312 -$55 -$368

Erskine WA South West Mandurah 66 Unit $350 $1,517 $297,577 $267,819 -$13 -$311 -$54 -$367


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal


Western Australia (continued) See accompanying pdf document for buy versus rent analysis on all suburbs




counted separately.

Tasmania See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Risdon Vale TAS Greater Hobart Clarence 8 House $250 $1,083 $166,595 $149,936 -$241 -$409 -$265 -$440

Gagebrook TAS Greater Hobart Brighton 16 House $215 $932 $137,208 $123,487 -$238 -$376 -$257 -$402

Bridgewater TAS Greater Hobart Brighton 17 House $250 $1,083 $169,040 $152,136 -$229 -$399 -$253 -$430

Chigwell TAS Greater Hobart Glenorchy 11 House $280 $1,213 $195,477 $175,929 -$225 -$422 -$253 -$458

Mayfield TAS Northern Launceston 167 House $210 $910 $137,201 $123,481 -$217 -$354 -$236 -$380

Snug TAS Greater Hobart Kingborough 21 House $370 $1,603 $276,271 $248,643 -$207 -$484 -$246 -$536

Hillcrest TAS Mersey-Lyell Burnie 234 House $230 $997 $156,260 $140,634 -$207 -$364 -$229 -$393

Queenstown TAS Mersey-Lyell West Coast 171 House $140 $607 $84,030 $75,627 -$182 -$266 -$194 -$282

Montello TAS Mersey-Lyell Burnie 235 House $245 $1,062 $175,058 $157,552 -$177 -$353 -$201 -$386

Railton TAS Mersey-Lyell Kentish 177 House $240 $1,040 $171,291 $154,162 -$174 -$346 -$198 -$378

Warrane TAS Greater Hobart Clarence 5 House $300 $1,300 $223,706 $201,335 -$169 -$394 -$201 -$436

Goodwood TAS Greater Hobart Glenorchy 7 House $278 $1,203 $206,838 $186,154 -$157 -$365 -$186 -$404

Waverley TAS Northern Launceston 161 House $218 $943 $156,503 $140,853 -$152 -$309 -$173 -$338

Rosebery TAS Mersey-Lyell West Coast 192 House $140 $607 $90,495 $81,445 -$149 -$240 -$162 -$257

Rokeby TAS Greater Hobart Clarence 9 House $253 $1,094 $187,646 $168,881 -$146 -$334 -$172 -$369

Mowbray TAS Northern Launceston 165 House $268 $1,159 $201,079 $180,971 -$143 -$345 -$171 -$382

Mornington TAS Greater Hobart Clarence 6 House $320 $1,387 $246,444 $221,800 -$141 -$389 -$176 -$435

Cooee TAS Mersey-Lyell Burnie 237 House $255 $1,105 $190,898 $171,808 -$140 -$332 -$167 -$368

Lutana TAS Greater Hobart Glenorchy 5 House $325 $1,408 $251,765 $226,589 -$136 -$389 -$171 -$436

Beaconsfield TAS Northern West Tamar 184 House $220 $953 $161,938 $145,744 -$135 -$297 -$158 -$328

Brighton TAS Greater Hobart Brighton 21 Unit $270 $1,170 $206,405 $185,765 -$127 -$334 -$156 -$373

Dodges Ferry TAS Greater Hobart Sorell 24 House $280 $1,213 $215,340 $193,806 -$125 -$341 -$155 -$382

New Norfolk TAS Greater Hobart Derwent Valley 25 House $248 $1,073 $189,196 $170,276 -$116 -$306 -$143 -$342

Blackmans Bay TAS Greater Hobart Kingborough 13 Unit $300 $1,300 $234,396 $210,956 -$115 -$351 -$148 -$395

Ravenswood TAS Northern Launceston 157 House $200 $867 $149,371 $134,434 -$112 -$262 -$133 -$290

Acton TAS Mersey-Lyell Burnie 234 House $220 $953 $167,305 $150,575 -$108 -$276 -$131 -$307

Sorell TAS Greater Hobart Sorell 21 Unit $290 $1,257 $227,981 $205,183 -$105 -$333 -$136 -$376

Glenorchy TAS Greater Hobart Glenorchy 7 Unit $250 $1,083 $195,927 $176,334 -$93 -$290 -$121 -$327

Claremont TAS Greater Hobart Glenorchy 12 House $290 $1,257 $231,698 $208,528 -$86 -$318 -$118 -$362

Claremont TAS Greater Hobart Glenorchy 12 Unit $230 $997 $181,150 $163,035 -$81 -$263 -$106 -$297

Glenorchy TAS Greater Hobart Glenorchy 7 House $300 $1,300 $241,286 $217,157 -$81 -$323 -$114 -$368

Spreyton TAS Mersey-Lyell Devonport 184 House $313 $1,354 $252,498 $227,248 -$78 -$332 -$113 -$379

Montrose TAS Greater Hobart Glenorchy 8 House $330 $1,430 $267,524 $240,772 -$78 -$347 -$115 -$397

Newnham TAS Northern Launceston 167 House $275 $1,192 $220,438 $198,394 -$78 -$299 -$108 -$340

George Town TAS Northern George Town 198 House $200 $867 $156,621 $140,959 -$75 -$232 -$97 -$262

Shorewell Park TAS Mersey-Lyell Burnie 234 House $190 $823 $148,482 $133,634 -$73 -$222 -$94 -$250

Carlton TAS Greater Hobart Sorell 25 House $283 $1,224 $227,819 $205,037 -$73 -$301 -$105 -$344

Somerset TAS Mersey-Lyell Waratah/Wynyard 239 House $260 $1,127 $209,540 $188,586 -$68 -$278 -$97 -$317

Scottsdale TAS Northern Dorset 192 House $220 $953 $175,282 $157,753 -$67 -$243 -$92 -$276

Invermay TAS Northern Launceston 160 House $260 $1,127 $209,996 $188,996 -$65 -$276 -$95 -$316

Park Grove TAS Mersey-Lyell Burnie 236 House $330 $1,430 $271,391 $244,252 -$58 -$331 -$96 -$382

Primrose Sands TAS Greater Hobart Sorell 27 House $220 $953 $179,501 $161,551 -$46 -$226 -$71 -$260

Newnham TAS Northern Launceston 167 Unit $210 $910 $170,955 $153,860 -$46 -$218 -$70 -$250

Berriedale TAS Greater Hobart Glenorchy 11 House $300 $1,300 $248,875 $223,988 -$42 -$292 -$77 -$339

Upper Burnie TAS Mersey-Lyell Burnie 233 House $230 $997 $189,122 $170,209 -$41 -$231 -$67 -$266

Kings Meadows TAS Northern Launceston 158 House $285 $1,235 $238,335 $214,502 -$31 -$270 -$64 -$314

Sorell TAS Greater Hobart Sorell 21 House $340 $1,473 $285,558 $257,002 -$30 -$317 -$70 -$370

Longford TAS Northern Northern Midlands 137 House $290 $1,257 $242,774 $218,497 -$30 -$273 -$64 -$319

Romaine TAS Mersey-Lyell Burnie 232 House $300 $1,300 $253,656 $228,290 -$18 -$273 -$53 -$320

Midway Point TAS Greater Hobart Sorell 19 House $310 $1,343 $263,292 $236,962 -$13 -$277 -$49 -$326

Ranelagh TAS Southern Huon Valley 28 House $350 $1,517 $297,828 $268,045 -$12 -$310 -$53 -$366

Brighton TAS Greater Hobart Brighton 21 House $320 $1,387 $272,828 $245,545 -$8 -$282 -$46 -$333

Oakdowns TAS Greater Hobart Clarence 10 Unit $295 $1,278 $252,083 $226,875 -$4 -$257 -$40 -$305

Prospect TAS Northern Launceston 158 House $303 $1,311 $259,060 $233,154 -$2 -$262 -$38 -$310

Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal




counted separately.

Northern Territory See accompanying pdf document for buy versus rent analysis on all suburbs



Australian Capital Territory See accompanying pdf document for buy versus rent analysis on all suburbs





Property

type

Principal &


Principal &


Johnston NT Darwin Palmerston 8 House $800 $3,467 $286,873 $258,186 -$2,017 -$2,305 -$2,057 -$2,359

Farrar NT Darwin Palmerston 8 House $700 $3,033 $490,389 $441,350 -$555 -$1,047 -$623 -$1,139

Parap NT Darwin Darwin 3 Unit $600 $2,600 $404,744 $364,270 -$555 -$961 -$611 -$1,037

Gillen NT Northern Territory - Bal Alice Springs 1,267 Unit $450 $1,950 $303,569 $273,212 -$416 -$721 -$458 -$777

Larapinta NT Northern Territory - Bal Alice Springs 1,283 House $525 $2,275 $392,735 $353,462 -$290 -$684 -$345 -$758

Malak NT Darwin Darwin 10 Unit $470 $2,037 $349,149 $314,234 -$272 -$623 -$321 -$688

Araluen NT Northern Territory - Bal Alice Springs 1,284 Unit $450 $1,950 $336,251 $302,626 -$251 -$588 -$298 -$651

Katherine NT Northern Territory - Bal Katherine 250 House $440 $1,907 $329,065 $296,158 -$244 -$574 -$290 -$636

Desert Springs NT Northern Territory - Bal Alice Springs 1,286 Unit $455 $1,972 $342,375 $308,138 -$241 -$585 -$289 -$649

Katherine NT Northern Territory - Bal Katherine 250 Unit $350 $1,517 $260,265 $234,238 -$201 -$463 -$238 -$511

Rosebery NT Darwin Palmerston 15 House $680 $2,947 $544,521 $490,069 -$195 -$741 -$271 -$843

Larapinta NT Northern Territory - Bal Alice Springs 1,283 Unit $385 $1,668 $295,548 $265,993 -$175 -$471 -$216 -$527

Larrakeyah NT Darwin Darwin 1 Unit $600 $2,600 $480,207 $432,186 -$173 -$655 -$240 -$745

Coconut Grove NT Darwin Darwin 7 Unit $460 $1,993 $363,862 $327,476 -$154 -$520 -$205 -$588

Darwin NT Darwin Darwin 0 Unit $630 $2,730 $517,084 $465,376 -$117 -$636 -$189 -$733

Sadadeen NT Northern Territory - Bal Alice Springs 1,285 Unit $380 $1,647 $303,134 $272,821 -$115 -$419 -$157 -$476

Gray NT Darwin Palmerston 16 Unit $440 $1,907 $354,994 $319,495 -$113 -$469 -$162 -$536

Bellamack NT Darwin Palmerston 12 House $750 $3,250 $621,291 $559,162 -$110 -$734 -$197 -$850

Millner NT Darwin Darwin 7 Unit $450 $1,950 $365,855 $329,270 -$101 -$468 -$152 -$537

Bayview NT Darwin Darwin 3 Unit $750 $3,250 $624,229 $561,806 -$95 -$722 -$182 -$839

Sadadeen NT Northern Territory - Bal Alice Springs 1,285 House $500 $2,167 $410,495 $369,445 -$92 -$504 -$149 -$581

East Side NT Northern Territory - Bal Alice Springs 1,284 House $550 $2,383 $459,021 $413,119 -$64 -$524 -$128 -$610

Karama NT Darwin Darwin 10 Unit $450 $1,950 $373,283 $335,955 -$64 -$438 -$116 -$508

Moulden NT Darwin Palmerston 15 Unit $420 $1,820 $348,362 $313,526 -$59 -$409 -$108 -$474

Braitling NT Northern Territory - Bal Alice Springs 1,232 House $525 $2,275 $445,194 $400,674 -$25 -$472 -$87 -$555

Woolner NT Darwin Darwin 2 Unit $600 $2,600 $509,597 $458,637 -$25 -$536 -$96 -$632

Brinkin NT Darwin Darwin 11 Unit $450 $1,950 $381,149 $343,034 -$24 -$406 -$77 -$478

The Gap NT Northern Territory - Bal Alice Springs 1,045 Unit $380 $1,647 $322,012 $289,811 -$19 -$343 -$64 -$403

Gillen NT Northern Territory - Bal Alice Springs 1,267 House $493 $2,134 $419,712 $377,740 -$13 -$434 -$72 -$513


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal




Property

type

Principal &


Principal &


Crace ACT Canberra Unincorporated ACT 9 House $540 $2,340 $404,397 $363,957 -$296 -$702 -$353 -$778

City ACT Canberra Unincorporated ACT 0 Unit $575 $2,492 $467,309 $420,578 -$130 -$599 -$195 -$687

Casey ACT Canberra Unincorporated ACT 13 House $530 $2,297 $437,020 $393,318 -$88 -$527 -$149 -$609

Forde ACT Canberra Unincorporated ACT 13 House $610 $2,643 $515,742 $464,168 -$37 -$555 -$109 -$651

Holder ACT Canberra Unincorporated ACT 10 Unit $425 $1,842 $357,173 $321,456 -$37 -$395 -$86 -$462

Evatt ACT Canberra Unincorporated ACT 9 Unit $450 $1,950 $378,749 $340,874 -$36 -$416 -$89 -$487


Median weekly

asking rent

Monthly

rental cost

Median

valuePrincipal



counted separately.

Statistical division maps

New South Wales

Victoria

Queensland

South Australia

Western Australia

Tasmania

Northern Territory

Australian Capital Territory

About RP Data

RP Data is 100% owned by CoreLogic, NYSE listed which is a leading provider of

consumer, financial and property information, analytics and services to business

and government. We combine public, contributory and proprietary data to develop

predictive decision analytics and provide business services that bring dynamic

insight and transparency to the markets we serve.

At RP Data, we continually collect, manage and process property-based data and

imagery from over 300 sources across Australia including government agencies,

media partners and industry professionals. RP Data is the biggest provider of

property information, analytics and risk management services in Australia and New

Zealand with a database of 220 million property records. RP Data serves customers

ranging from real estate agents and consumers to banks, mortgage brokers,

financial planners and governments.

We understand that data is most useful when it’s presented as relevant and

actionable analytics. Our data provides customers with insights that realise more

market opportunities, while simultaneously growing businesses and managing risk.

Our results speak for themselves; we’re helping over 100,000 end users including

approximately 45,000 real estate agents win more business by providing Australia’s

most trusted pre-listings comparative market appraisal (CMA) report, as well as

industry standard tools that promote transparency and confidence when buying and

selling property. In addition, 1 million consumers use RP Data to make important

decisions about property they are about to hold, sell or purchase.

Our Mortgage Platforms cover more than 90% of the mortgage lending activity in

Australia. We estimate the value of every residential property in Australia each week

via our automated valuation models which support our industry leading RP Data

Rismark Daily Home Value Index. On average, we issue over 30 million automated

valuation assessments every month. We’re Australia’s leading source for mobile

property information too – with over 500,000 mobile devices accessing our services

each month.

Using public and proprietary data, we bring insight and transparency to the

Australian property market. We employ over 300 people at 9 locations in Australia

and New Zealand.

For more information call 1300 734 318

In compiling this publication, RP Data has relied upon information supplied by a number of external sources. The

publication is supplied on the basis that while the RP Data believes all the information in it is deemed reliable at the time

of publication, it does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in

contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other person or body corporate

arising from or in connection with the supply or use of the whole or any part of the information in this publication through

any cause whatsoever and limits any liability it may have to the amount paid to RP Data for the supply of such

information.

This data cannot be reproduced without the permission of RP Data.

New South Wales Data

Contains property sales information provided under licence from the Land and Property Information (“LPI”). RP Data is

authorised as a Property Sales Information provider by the LPI.

Victorian Data

To the extent that this report has been developed using information owned by the State of Victoria, the State of Victoria

owns the copyright in the Property Sales Data which constitutes the basis of this report and reproduction of that data in

any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of

Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using

or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability

whatsoever for any errors, faults, defects or omissions in the information supplied.

Queensland Data

Based on or contains data provided by the State of Queensland (Department of Environment and Resource

Management) 2012. In consideration of the State permitting use of this data you acknowledge and agree that the State

gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts

no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential

damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy

laws.

South Australian Data

This information is based on data supplied by the South Australian Government and is published by permission. The

South Australian Government does not accept any responsibility for the accuracy or completeness of the published

information or suitability for any purpose of the published information or the underlying data.

Australian Capital Territory Data

The Territory Data is the property of the Australian Capital Territory. No part of it may in any form or by any means

(electronic, mechanical, microcopying, photocopying, recording or otherwise) be reproduced, stored in a retrieval system

or transmitted without prior written permission. Enquiries should be directed to: Director, Customer Services ACT

Planning and Land Authority GPO Box 1908 Canberra ACT 2601.

Tasmanian Data

This product incorporates data that is copyright owned by the Crown in Right of Tasmania. The data has been used in the

product with the permission of the Crown in Right of Tasmania. The Crown in Right of Tasmania and its employees and

agents:

(a) give no warranty regarding the data's accuracy, completeness, currency or suitability for any particular purpose; and

(b) do not accept liability howsoever arising, including but not limited to negligence for any loss resulting from the use of

or reliance upon the data.

Base data from the LIST © State of Tasmania http://www.thelist.tas.gov.au

Western Australian Data

Based on information provided by and with the permission of the Western Australian Land Information Authority (2012)

trading as Landgate.

Disclaimer

Buy vs. Rent - Fairfax Media · 1. Servicing a principal and interest loan on a variable mortgage...

Documents

Transcript of Buy vs. Rent - Fairfax Media · 1. Servicing a principal and interest loan on a variable mortgage...