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'An opportunity': The city where buying a unit is $322 cheaper than renting
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okwithmydecay leminal.space okwithmydecay@leminal.space
Joined: 2025-09-13
Quote

According to Cotality's March housing report, it's $322 a fortnight cheaper to buy a unit in inner-city Melbourne than it is to rent one.

24   Original
incogtino lemmy.zip incogtino@lemmy.zip
Joined: 2023-06-13
#2 · (edited) Quote Reply

Who pays rent by the fortnight? If they said saving $644 you would know it's per month, if they said saving $161 you would know it's per week, so lets use fortnight amounts as clickbait

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SpicyLizards reddthat.com SpicyLizards@reddthat.com
Joined: 2023-09-27
#3 · (edited) Quote Reply

Who pays rent by the fortnight? If they said saving $644 you would know it's per month, if they said saving $161 you would know it's per week, so lets use fortnight amounts as clickbait

Who pays 644 a month in Melbourne, i reckon if you have 650 a week, it's a shit or tiny place, or below average rent.

But yes fortnightly or even monthly is unusual

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DavidDoesLemmy aussie.zone DavidDoesLemmy@aussie.zone
Joined: 2023-06-29
#4 · Quote Reply

They're just comparing rent with mortgage repayments. But not maintenance on the property, rates, body corporate, opportunity cost on your deposit and stamp duty.

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Expand fedi.ur-mom.gay Expand@fedi.ur-mom.gay
Joined: 2025-01-30
#5 · Quote Reply

Who pays rent by the fortnight? If they said saving $644 you would know it's per month, if they said saving $161 you would know it's per week, so lets use fortnight amounts as clickbait

I get paid fortnightly so i pay rent fortnightly makes sense to me, paying a weeks rent when you get paid fortnightly is asking to risk being short every second week, if you are paid monthly same thing pay in 4 weekly payments or monthly, also where are you finding 161$ a week rent, not in melbourne i would imagine, i pay 525 a week and im in greater sydney area not even in the city AND my rent is absurdly cheap for the area

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