Third of properties cheaper to buy than rent? Really ?
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Whatever it is, the way you tell your story online can make all the difference.
‘Interesting to see these economists spouting that buying an apartment is cheaper than renting. No mention of the stamp duty, council & water rates, conveyancing fees, body corporate fees, and cost of maintaining a property.
I’d make sure one has all the outgoings factored into owning a property before embarking on a purchase, especially an apartment that has been built in the last 10-15 years.
We are now seeing levies being raised to pay for ongoing repairs due to shoddy workmanship, including leaking roofs & balconies, leaking basements, and continual cladding issues and plumbing issues. Using a reputable buyers Advocate will steer you in the right direction to avoid the costly mistakes of buying an apartment. We know many complexes across Melbourne and Gold Coast with such issues! So it pays for insider knowledge. ‘Your own buyers advocate’ - David Melatti from Astute Buyers advocates