Renting a house or apartment in the big city is expensive and can cost you a lot of money.
Read more: “It’s a bit like the big leap for many young Australians, who have been priced out of their local area for the past 30 years,” says Pauline Dickson, managing director of Sydney-based Renters Network.
“For the majority of renters in Australia, it’s a long-term investment, and the more time they’re away from their home, the more they can save on rents.”
It may be hard to imagine, but renting a house in the suburbs is actually cheaper than renting in cities.
The average cost of a one-bedroom apartment in Sydney is around $3,000, according to Renters Australia.
But for some Australians who are struggling with housing costs, a move to the suburbs could mean the difference between a mortgage or not.
Renters Australia’s Ms Dickson says many renters are moving to the inner-city to avoid the cost of moving to suburbs.
“If you can live in the city, if you can rent a house, you can save money in the long term,” she says.
The main reason for moving to inner-cities is the cost and the affordability of rent, but there are many other reasons to do so.
You can rent out your carIf you rent out a car, you will save money, especially in Sydney.
In 2016, the average cost for a new car in Australia was $11,000.
With a standard four-year lease, you could save $1,500 a year in your mortgage by renting out your vehicle instead of buying it, says Ms Dinson.
If you are renting out a house instead of renting out the car, your mortgage payments will be lower.
While renting a home is expensive, the most important reason to rent a property is to avoid moving to a city.
This could mean saving money on car costs, or you could be able to save money on your house costs.
And you may have more options than just moving to your local suburb.
Find out if a house is suitable for youWhat you need to know about moving to central or northern AustraliaA big part of living in central or north Australia is living in a property.
Read more:Rent-to-own properties are now available in Sydney and Brisbane, but Ms Dison says renting a property in the middle of a city is not always ideal.
Most people rent out their properties for a year or two, before moving on to a new house.
But if you live in a home that is suitable to you, renting a new home is a great way to save.
Many of the people who rent out homes in Sydney live in inner-ring suburbs, which have a higher percentage of people who are aged 25-34 than other parts of Sydney, she says, and have a median house price of $400,000 to $500,000 per house.
They are also closer to the city centres and more likely to be in the inner suburbs.
Rent the best house to rent in central and northern AustraliaThis is a good way to look at a property if you are looking for a property that is right for you.
“You’ll want to look for properties with good amenities and that’s one thing we like about central and north Australia.
They have a high quality of life compared to other areas,” Ms Dixie says.”
The city is great, but if you want to live in central Australia, that’s probably a good place to live.
So you can look at things like the location, the amenities, the walkability, the proximity to other major cities, all those things that you can really find a good balance between.”
Renting out your home is also a good time to buy a homeIn some states, you must buy a property to be able rent it out, but this is not the case in central Queensland.
When you move into a property you can buy it outright for as little as $1 million, so renting out an existing home is an option.
However, you may be able buy it for a much lower price if you sell it for $200,000 or more.
Read more about buying a house and renting a place in Queensland