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Australia Buy vs Rent Calculator
Compare the long-term financial outcome of buying a home versus renting in Australia. See your projected net worth, breakeven year, and total costs under either path.
Purchase & Loan
$
$100,000$3,000,000
$
$37,500$750,000
5%100%
%
1%10%
yrs
5 yrs30 yrs
Used for LMI calculation
Rental
$
$500$10,000
Your Estimate
Renting Net Worth at Year 10
-$72,001
Buying Net Worth
-$274,458
Renting Net Worth
-$72,001
Breakeven Year
Year 0
Difference
Renting saves $202,457
Renting is ahead at year 10, but buying may still win if you stay longer.
BuyingRenting
Net Worth Over Time
Buying
Renting
