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January 22,2021

Rent vs Buy

Did you know that buying your own home is a much more affordable option than paying rent to a landlord? With a low $10k deposit, now is a perfect time to start your home-owner journey at Verdant Hill.

It’s never been easier to become a home-owner and with government grants such as the $10,000 first-home-owners grant, you can get on the property ladder quicker than ever.

At Verdant Hill, we have huge outdoor spaces, including wetlands, playing fields, and cycling and walking trails for you to watch your family grow and we have a range of house and land packages, including this package from Simonds for only $483,672, to suit all budgets and lifestyles.

Check out how much you can save when you choose to buy instead of renting with our ‘Buy vs Rent’ comparison table.

The below comparison is based on the featured Simonds house and land package priced at $483,672.

*Based on 90% loan and 10% deposit which is a typical first home buyer figure. Repayments can be as per the following: Loan amount – $440,000 Inc all fees and charges and taking the first-home-owners grant into consideration. Total interest payable over 30 years is $144,685 based on 1.99% fixed rate.

Don’t forget that our Summer Sale is still happening so contact our sales team via the form below and find out how much you can save.