If you can’t enter property market in your city then consider moving. Plenty Ex-Melbourne and Sydney people have moved to Tassie and bought a house 50% less than house they sold. Maybe not now though because prices there have rocketed up.
Best time to buy a house is, as soon as you can. You don’t have to buy the best suburb by the way.
I bought my house in Perth 20 mins from CBD in 2016 for $400000. Wasn’t that hard to scrape for the deposit, now my mortgage repayments is equal to/a little less than it costs to rent. Hopefully I’ll be out of here in a couple years, rent this one out and buy another closer to CBD.
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If you can’t enter property market in your city then consider...
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