The top 10 Perth suburbs where it’s cheaper to buy than rent
It is cheaper to buy than rent in 112 Perth suburbs, with Brentwood, Medina and Parmelia offering buyers the best value when comparing the costs of buying to renting.
REIWA President Damian Collins said Western Australia was one of the most affordable places in the country to buy property in.
“It is more affordable to pay the costs associated with servicing a home loan than pay the weekly rent in 112 Perth suburbs, which should give tenants encouragement that home ownership is within reach,” Mr Collins said.