【Buying a Property in Australia】
Is buying a house really more economical than renting?

[Buying a Property in Australia] Is buying a house really more economical than renting?

The Brisbane real estate and rental market is booming, and now is an ideal time to buy a property for those planning to study or immigrate to Australia. According to research by Compare The Market, in many parts of Queensland, especially in central Brisbane, it is now cheaper to buy a property than to rent one.

Taking the areas around Brisbane’s city centre (CBD) as an example, the average monthly repayment for purchasing a unit is about AUD$2,700, while the rent is as high as AUD$2,900. Buying a house can save about AUD$200 per month. In Brisbane’s south, such as Upper Mt Gravatt, buying a property can save you $350 per month compared to renting. This means that for buyers who are ready to pay a 20% down payment and choose a floating rate loan, buying a home can significantly reduce long-term living costs while enjoying the financial returns of property appreciation.

Future interest rates will fall, making buying a property more attractive

With the arrival of the 2032 Olympics in Brisbane, more and more overseas immigrants and residents from other states are attracted to move in. The local real estate demand is steadily increasing, and the investment value of buying a house is becoming more and more significant. In addition, market analysis shows that interest rates may fall in 2025, which will further reduce the cost of buying a house. As rents stabilise, more areas may see it become cheaper to buy than to rent, and with the Brisbane property market performing well, buying a property will become a more attractive option. For families with long-term settlement plans, buying a house can not only avoid the pressure of rising rents, but also become a long-term stable asset and achieve financial appreciation.

Cheong Mei Australia Property Head Office has 25 years of industry experience. We are committed to helping you find the most suitable Australian property, providing professional market analysis and tailored property immigration advice. If you want to own your own property in Brisbane, please contact Cheong Mei Australia Property and let us help you realize your dream of further study and immigration easily!

【澳洲買樓】買樓比租樓真的更慳錢嗎? 2025 年布里斯本升學與移民的最佳策略

According to the latest data from Domain, an authoritative real estate platform in Australia, it is expected that by 2025, the price growth of stratified units in major Australian cities will exceed that of detached houses. Nicola Powell, head of economics and research at Domain, pointed out that this trend will bring new trends to the real estate market, especially for new buyers who are interested in buying a home, because the prices of stratified units (Apartments) and garden villas (Townhouses) are still relatively attractive to buyers.

Powell noted: “Historically, former houses have generally outperformed strata units in terms of capital growth. However, nothing is absolute and by 2025, we expect strata units in Brisbane, Australia, to outperform houses, which is a rare occurrence.” According to Domain’s year-end summary report, house prices in Brisbane are expected to rise by 5% to 7%, while strata unit prices will rise by 7% to 9%. This makes Brisbane one of the only major cities where strata unit values will grow faster than houses, while strata unit and house values in other cities will grow at similar rates.

Powell analysis points out that this trend will make strata units more attractive for shopping, especially for young buyers to enter the market more convenient. For first-time homebuyers, this will provide opportunities for capital growth and help open their investment path in the real estate market. In contrast, as the price of detached houses continues to rise, the pressure on first-time homebuyers to buy detached houses is gradually increasing. Therefore, it is expected that the growth trend of strata unit values will encourage more people to consider strata units as the first choice for entering the real estate market.

In the past, the Australian real estate market preferred detached houses, reflecting the desire for traditional detached houses and land. However, with the economic pressure and changes in population structure, stratified units have gradually become the mainstream choice. In addition, some buyers have also begun to choose townhouses to replace independent houses with land. If you want to know more about the real estate market in Brisbane, Australia, please contact Betty, Changmei Australia Property, to get the latest market information!

澳洲 布里斯本

【Buying a Property in Australia】Is buying a house really more economical than renting?