AUSTRALIA: The suburbs and towns where it’s CHEAPER to buy a property than it is to rent

 

PHOTO: Residents could save up to $150 a week by purchasing a property instead of renting in regional centres such as Broken Hill (main), in the state’s west.

Sydneysiders may be encouraged to pack their bags and move, after it was revealed owning a home in a number of New South Wales towns is cheaper than renting.

Residents could save up to $150 a week by purchasing a property instead of renting in regional centres such as Broken Hill, in the state’s west, and Wellington, 350kms northwest of Sydney.

Buying homes has also been revealed as cheaper than renting in parts of the Hunter Region, Tamworth and Wagga Wagga, the Daily Telegraph reported.

READ MORE VIA THE DAILY MAIL

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