MB Fund Podcast: Should you rent or buy Australian housing?

In today’s investment webinar, Nucleus Wealth’s Head of Investments Damien Klassen, and Head of Advice Tim Fuller use the latest June property reports to investigate if you’re currently better off renting or buying Australian housing

Use the Australian property calculator

Topics covered:

  • Housing market valuation
  • Latest Stats
  • Macro outlook
  • Rent or Buy?
  • Investment Implications
View the presentation slides
Subscribe to Macrobusiness on YouTube

Can’t make it to the live series?  Catch up on the content via Podcasts or our recorded Videos.


Take us on your daily commute! Podcasts are available on iTunes and all major Android Podcast Platforms for Nucleus Investment Insights.

 

 


Tim Fuller is Head of Advice at the MacroBusiness Fund, which is powered by Nucleus Wealth.

 

Tim Fuller

Comments

  1. reusachtigeMEMBER

    If you are successful you should always buy property. If you are not a very successful type of person, or have problems in life you just can’t fix, then renting is your thing. We need renters.

    • I feel sorry for all the people who listened to the wrong advice and didn’t buy when they had the opportunity at once in a lifetime bargain prices last year and now find themselves stuck in the rent trap with no end in sight. It’s like a jail sentence. All that rent they are paying to savvy mum and dad investors is just dead money.

      • Fishing72MEMBER

        Said no one recently- “I feel sorry for all the people who listened to the wrong advice and didn’t buy Bitcoin when they had the opportunity at once in a lifetime bargain prices last April when the price was only $78500 each……”

        Only half playing Devil’s advocate here. I’m stoked I bought in but I still think that the Ponzi isn’t sustainable long term. Game is still in play. Roulette wheel is still spinning unless you’ve sold out at a profit or shouldered the 30 year mortgage recently.

  2. Adding in the effect of strata will be way more than a 5% bump. So many places in Sydney with $6K min, 8K+ quite often and for some ‘luxiry’ developments I even saw almost $20K. Oh and hope you don’t get hit with a one-off levy to cover some unexpected costly repair (cladding and the like).

    As for housing, it’s harder to allocate costs because they are lumper – big expenses every decode or so rather than an annual cost.

    Additionally, if buying you probably want something ‘nice’ to stay in a long time but if renting may put up with something more basic to reduce the cost for something you are just hiring. Overall, to me, the equation looks strongly stacked towards renting, at least in Sydney and Melbourne.