Rent or Buy? Is it goodbuy to the “Great Australian Dream”? A simple exemplar to display key...
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Transcript of Rent or Buy? Is it goodbuy to the “Great Australian Dream”? A simple exemplar to display key...
Rent or Buy?Is it goodbuy to the “Great Australian
Dream”?A simple exemplar to display key parts of
students are to display in their final presentation.
Blue Boxes represent explanations and Purple Boxes represent Pictures
Purpose
The purpose of the presentation is to work out whether or not it is better for us (in 5 – 10) years to rent or buy a house, if the current economic climate stays to same. This takes
into consideration our personal and financial situation at the time, borrowing power, loan
repayments and living requirements.
Profile – Five Years From Now
Personal Profile
Pick from Drop Down Menu unless other specified.
Age: 27
Marital Status: Married
Income: $30,000 - $40,000
Partners Income (if applicable): $50,000 - $60,000
Children: 2
Children’s Ages: (Enter Ages) 3 & 4
Estimated Weekly Expenses: $500 - $600
Legal Obligations
This slide contains information on the legislation surrounding buying and renting and the
governing bodies.
Housing Needs Profile
Housing Specifications
Number of Bedrooms: 4
Number of Bathrooms: 2
Number of Car Spaces: 2
Area:(Enter Data) Close to a school
Other preferred options: (List Options) Ensuite, 2 Storeys, Pool
Borrowing Power
http://www.aussie.com.au/home-loan/calculators/borrowing-calculator.htm
Loan Repayments
http://www.anz.com/common/calculators/loanrepayment/exampleau.asp
The Two Options
Following this slide will be the presentation of two housing options, one a house for sale another a rental property. Both of these
houses meet our needs.The slide will detail the specifications of the two
houses and their cost.
House For Sale
Rental House
Compare and Contrast – Liveability
Compare and Contrast - Costs
Evaluation – What is the better option?