Australia
Should I buy or rent a home in Australia?
If you have not spent a lot of time in Australia, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision...
"Buying a home in Australia is typically recommended if you are planning on staying in the country for more than two years and if you feel financially stable enough to commit to a mortgage. Renting gives you the flexibility of not having to worry about the costs, repairs and upkeep of being a homeowner. However, you may not be able to build any equity in the property if you decide to rent. It really comes down to a personal choice and the financial ability to back up that decision," remarked another expat in Australia.
Other Questions:
- What should I pack when moving to Australia?
- Where should I setup a bank account in Australia?
- Will I be able to find a job in Australia?
- What is life like in Australia?
- What do expats in Australia appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Australia?
- Is there a lot of diversity? Are people in Australia accepting of differences?
- What are the schools in Australia like?
- What are healthcare services like in Australia?
- What are medical services in Australia like?
- Are healthcare and health insurance expensive in Australia?
- What are emergency services like in Australia?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Australia?
- How are local medical facilities in Australia?
- As a foreigner living in Australia, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Should I buy or rent a home in Australia?
If you live in Australia, newcomers to Australia would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
