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.”
Ray White Double Bay is proud to announce that Loan Market Double Bay has been named a finalist in the Australian Broking Awards 2024: Franchise Office of the Year, recognising their standing among the top broking professionals and businesses in Australia. The Australian Broking Awards is the pinnacle event of … Read more
Ray White Double Bay is excited to announce that the Atlas Display Suite is now open! Atlas is a private enclave of two, three and four-bedroom residences in the tranquil delights of harbourside Rose Bay. The perfect intersection between city and sea. Atlas is nestled between Bellevue Hill and Vaucluse, … Read more