EconomyMortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them?

Rising rents and stabilising or falling property prices have narrowed the cost gap between buying and renting in dozens of Australian suburbs. In parts of Melbourne, Canberra and Darwin, mortgage repayments now nearly match or undercut rent. Across one in 10 suburbs and towns, repayments for a typical property are less than A$200 a week above rent.

Australian propertymortgagesrenthouse prices

TThe Guardian★★☆☆☆2026-10-16 23:00Original