Australians can still buy a property for less than the rental costs if they focus on suburbs fighting a housing shortage that is still affordable.
Even during a crisis of the costs of living, it is possible to pay less per month in mortgage repayments compared to the typical rent for the area.
In a larger city this is feasible if a buyer buys an apartment on the edge of a suburb with a deposit of 20 percent.
Areas with rapid population growth, such as Zuidoost -Veensland and Perth, are in the grip of a rental crisis, which means that apartment rental companies can get generous income from rental prices, but only pay a smaller mortgage.
Rental income is usually higher when the properties are cheaper. This is the annual income that investors get rented as a part of the value of a property.
Those who want to live in the house instead of renting out can get even lower mortgage interest, making it much easier a homeowner than the tenant.
Daily Mail Australia has found a number of affordable options in every state and territory, including examples in Sydney and Melbourne, where apartments are still cheap to buy despite an immigration inflow.
Regional areas with tight rental markets also prove to be good value.
Australians can still buy a home for less than the rental costs if they focus on suburbs with a housing shortage (depicted Springfield in Ipswich)
Goodna's median apartment price of $ 397,770 is feasible for a earner with an average income
Ipswich, Queensland
Ipswich, southwest of Brisbane, is still affordable for someone looking for a unit, according to Corelogic data.
Goodna's median apartment price of $ 397,770 is feasible for a earner with an average income, but it is in a flood zone.
The rental prices are much higher than typical mortgage repayments.
The Mid-Point Rent on a two-bedroom unit is $ 460.10 per week or $ 2,038 per month, based on SQM research data.
Someone with a mortgage deposit of 20 percent would owe $ 1,958 per month compared to a loan of $ 318,216 on a variable rate of 6.24 percent with the Commonwealth Bank.
The 4300 zip code, which covers Goodna, has a particularly low lease report of 0.8 percent, which is even lower than the average capital city of 1.3 percent.
Orelia, West -Australia
Orelia, near Kwinana south of Perth, has an ultra-list average price of $ 328,460
Salisbury in Adelaide's North has an affordable median apartment price of $ 408,040
West -Australia is the fastest growing state of Australia with its growth rate of 2.5 percent well above the national average percentage of 1.8 percent.
A large influx of interstate migration to Perth sets pressure on the rental market, giving it the lowest rental device of the nation of 0.6 percent.
Orelia, near Kwinana south of Perth, has a rental report of 0.8 percent and a typical weekly apartment rental of $ 450.30.
But it still has an ultra-thoral price for secondary unit of $ 328,460.
The monthly rent of $ 1,994 for a two -bedroom unit is considerably higher than the $ 1,617 monthly repayments for a borrower with a deposit of 20 percent who pays a mortgage of $ 262,768.
Salisbury, South Australia
Adelaide has a particularly tight lease report of 0.7 percent and Salisbury in the north of the city is even tighter with 0.5 percent.
This suburb of the working class, which was once the home of Holden Car Factory Workers, has an affordable median apartment price of $ 408,040.
The typical weekly rent of $ 405.70 for unit with two bedrooms works out at $ 1,797 per month.
That is higher than the level of $ 1,757 for a borrower with a mortgage deposit of 30 percent who pays a loan of $ 285,628.
The Mid-Point Apartment Prize from Warwick Farm is still cheap for $ 420,059 in a city that receives a large influx of overseas migration
Melbourne is a generally affordable apartment market, but Werebree in the east of the city when it is particularly cheap with a median price of $ 414,589
Warwick Farm, New South Wales
Southwest of Sydney is expensive for houses, but has affordable units.
The Mid-Point Apartment Prize from Warwick Farm is still cheap for $ 420,059 in a city that receives a large influx of overseas migration.
But someone with a mortgage deposit of 20 percent would pay $ 2,067 per month in reimbursements, with a loan of $ 336,047.
That is considerably less than $ 2,484 usually paid a month for a two -bedroom unit, based on a weekly rent of $ 560.90.
Werlibee, Victoria
Melbourne is a generally affordable apartment market, but Wribebee in the east of the city is particularly cheap.
The average price of $ 414,589 means that someone with a deposit of 30 percent would pay $ 1,785 per month in mortgage allowances.
This is slightly lower than the $ 1,800 rent for a two -bedroom unit, based on a median weekly rent of $ 406.60.
South Kempsey, New South Wales
The NSW Mid-North Coast has a bag of affordability with South Kempsey with an affordable median house price of $ 421,908 and it is only a 20-minute drive to the beach of Crescent Head.
The city, near the slender dusty center, is close to the duplicated M1-Snelweg and is five hours' drive north of Sydney.
The area also has a tight lease report of only one percent.
Tenants who rent a house with three bedrooms usually pay $ 581.60 per week or $ 2,576 per month. Buying is much cheaper with monthly mortgage decay for $ 2,077 for a borrower with a deposit of 30 percent who pays a loan of $ 295,335.
Zuid-Kempsey has an affordable average house price of $ 421,908 and it is only a 20-minute drive to the beach at Crescent Head
Merebein, Victoria
Merebein, a suburb of Mildura in northwestern Victoria, has a particularly affordable average house price of $ 374,385.
Someone with a deposit of 30 percent, who pays a mortgage of $ 262,070, would issue $ 1,612 per month in reimbursements.
This is less than the $ 1,697 per month for rent, based on a center-point weekly lease of $ 383.30 for houses.
MouLden, Northern Territory
Darwin is the most affordable capital city market in Australia and the satellite city of Palmerston is even more affordable.
The mid-point house price of Moulden of $ 406,582 is particularly low.
The area, which is home to an army base, also has a tight rental device of 0.9 percent. The typical rent of $ 580.60 a week for a house with three bedrooms comes out for $ 2,571 per month.
That is considerably higher than the $ 2,001 in monthly mortgage repayments for someone with a deposit of 20 percent who pays $ 325,266.
Unlike other parts of Darwin, the median house price of Moulden has risen by 7.7 percent during the year.
Merebein, a suburb of Mildura in the northwest of Victoria, has a particularly affordable median house price of $ 374,385
The Palmerston-Buitenwijk of Moulden's Mid-Point House price of $ 406,582 is very low
Mowbray, Tasmania
Launceston, in North Tasmania, has a bag of affordability with Mowbray with a median house price of $ 425,117.
The ultra -light rental device of the 0.6 percent area means that tenants usually pay $ 461 per week for a house with three bedrooms, which train at $ 2,041 per month.
That is cheaper than the reimbursements of $ 1,831 per month for a borrower with a mortgage deposit of 30 percent who pays a loan of $ 297,582.
Lyons, Australian Capital Territory
Canberra is expensive for houses, but still affordable for units.
Lyons, in the south of the city, has a mid-point apartment price of $ 377,743.
But buying is much cheaper than renting with monthly reimbursements of $ 1,859 on a loan of $ 302,194 with a deposit of 20 percent.
Renting is particularly expensive with the median weekly lease of $ 635.10 for a unit with two bedrooms that add up to $ 2,813.
Launceston, in North Tasmania, has a bag of affordability with Mowbray with a median house price of $ 425,117
Lyons, in southern Canberra, has a mid-point apartment price of $ 377,743
