Rent vs Buy Calculator
Compare your projected rent over a chosen horizon against the cost of buying — repayments, equity built, capital growth. The maths usually favours buying after year 8–10, but it depends heavily on growth assumptions.
Total rent paid (10y)
$343,375
Total repayments (10y)
$462,432
Monthly $3,854
Estimated equity gain
$488,036
Future value $1,184,195
Assumes 4% CPI rent growth. Excludes property maintenance, council rates, insurance, body corp and opportunity cost of the deposit.
Frequently asked questions
What growth rate should I assume?
Australian capital-city house prices have averaged ~5% nominal annual growth over the last 30 years. For conservative projections, use 3-4%. Regional and unit growth typically tracks lower.