Did you know that if you Can Afford to Rent, you Can Afford to Buy your own property?
When you can afford to pay rent $250/week, you are actually able to own a brand new 4 bedroom house. It is your option to live in one room, and rent out the other rooms for extra cash flow.
Right now the Australian Government is giving first home buyers $20,000!! towards your new home and they are waiving the stamp duty which is a saving of up to $16,000! It is the time to get into the property market while the interest rates are low and the incentives are on the table.
In many cases owning a home can be cheaper than renting. Would you love to be in your own home instead of some else's, paying off your won mortgage and not theirs?