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Rent vs Buy Calculator

Compare the true long-term cost of renting vs buying a home in Australia, including opportunity cost of the deposit, transaction costs, and capital growth.

Details
Property price (buy)
$
Weekly rent (rent)
$
Deposit (if buying)
$
Mortgage rate
%
Annual property growth
%
Investment return (if renting)
%
Annual rent increase
%
Time horizon
years
Comparison Result
Better option after
MetricBuyRent & Invest

Rent vs Buy in Australia

This is one of the biggest financial decisions Australians make. The maths depends heavily on your time horizon, local property growth, and investment returns. For stays under 5 years, renting often wins due to high transaction costs (~5% of property value for stamp duty, conveyancing, and agents). For longer horizons in growth markets, buying typically comes ahead.