Historically people built their own homes or rented from others. These days however, for most Australians, owning their own home is a lifelong goal that they feel they must achieve.
“People should consider the alternative of renting, which has its own set of benefits – especially in the Eastern Suburbs where property is very expensive and buying is out of reach for many.” said Michael Krimotat Director of Ray White Double Bay.
Here are a few of the benefits:
– No maintenance costs or repairs.
– No real estate tax.
– Lower Insurance and utility costs.
– No big deposit, which can be invested in other resources.
Michael also emphasised that renting or buying is a personal choice. He stated “At the end of the day being in a position to buy is better in the long run, but renting certainly has its benefits.”
DESPITE the COVID-19 pandemic, an Associate Director and Sales Executive from the most successful Australian real estate business within the Ray White network has sold six properties totalling more than $15,500,000, in just 10 days. The highlight of the six deals was the $3,500,000-$3,700,000 sale of 1 Shaw Street (pictured above) in … Read more
IT WAS a chilly night in Sydney but that didn’t stop nine eager bidders from turning out for the hotly contested Ray White Double Bay auction at 113 Victoria Road, Bellevue Hill. Sold by Double Bay Managing Director Elliott Placks and agent Alan Fettes, the four bedroom home went under the … Read more