Try getting the figures right. For first home buyers each state is different but in WA
No stamp duty under $500k plus $3000 for existing buy
selling fee around 2.5% - 3% = $12,500
Yes transaction fees are high which means we cannot flip like in USA which also means stable prices.
Renting is easier 4 weeks rent as bond plus $400 - $600 pw for a livable property
$600 pw x 52 = $31,200 year one
excluding rent rises that is $312,000 in 10 years
Thank you very much all renters.
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