Where is it cheaper to have a mortgage than rent? - Australian Indian Times

Where is it cheaper to have a mortgage than rent? - Australian Indian Times

Where is it cheaper to have a mortgage than rent? Recent media coverage based on a joint study by Ubank and Cotality talked about Australian suburbs where making mortgage repayments was cheaper than paying rent. The study had found some 500 unit markets and 600 house markets across the country where servicing a mortgage would be the cheaper option than paying Australia’s median weekly rent of $659. Information coming out of the study was general…