Small apartments in perth CBD buy or rent?
Saved enough money for a deposit if it was 6 years ago but dont think I can service a homeloan at this rate due to rising prices but don't wish to keep paying for rent either. But can service an apartment loan under 450k
Do you think I should rent or buy a small apartnent in cbd? As i currently spend alot of time and fuel communting to work and back.
Will it be better long term or worse off? Has anyone lived in the CBD apartments before like on terrace road not sure if i should keep renting on get on the property ladder with a studio.
Theres a few of them going for 320k to 370k but renting them is like $420 to 550 per week. For the addresses those where i saw rhose prices
122 and 124 terrace road and Godrich street east perth
Thanks in advance