Do you RENT or OWN your own home?

[~*Niadalla*~]

It's great.... but it's hard when you want to do normal things, and with the price of fuel it would nearly even out to what we'd pay for a reasonable place in town.

[Faithful Mumma]

We too are "owned" by the bank! Hopefully own at least a few doors and things by now! $1963 per month or $453 per week on a $278,000 loan, we have been in the house for 3 years and now owe about $269,000...such a slow process. I think we would get around $295,000-300,000 for it now if we sold and had the outside finished... Hopefully we can start paying some extra off next year! To rent this house we would probably be looking at around $375ish per week.

[Little Chicken]

We paid $520 a fortnight on a mortgage of $147,000. But we bought just before the property boom started and we were paying more then we needed to. Lost that house and now rent a small 3 bed house for...wait for it....$400 a week, and that is at the bottom end of price for a 3 bed here, median about $470. You don't come here to save.

[Raupe]

We pay $260 a week rent on a 1 1/2 bedroom unit. It's soooo tiny, we can't even fit a dinner table in... We eat on the couch (sad, hey?). But it's a nice neighbourhood and really close to town (15 minutes). Last year we paid $220 a week for a big three bedroom house with garden... Ohh the prices have changed!!

Trying to save for a house atm...

[Arimeh]

Paying the bank back

We pay $355 a week in mortgage repayments. We are out of town though so end up paying about $100 a week in petrol.

We are considering (Seriously considering) selling and renting back in town.

[~clover~]

We are renting. Small coastal holiday town, with basics, but 12kms from hospital, supermarkets, petrol etc.
We pay $255 a week for 3brms, ensuite, rumpus room, big yard & double garage. I'm very happy with the price ($265 in September).
In the towns 12 & 25kms away we'd pay well over $300 a week for this place.

[Jaycee]

Renting at the moment $260 per week for a 3br 2 bathroom basic house around 40km from CBD.
We also have a land mortgage that is $500 per month interest only.
When our house is finished in Dec our full mortgage will be around $2500 a month - yikes!

[mummy of 3 boys]

we rent $150 a week for a 2 bedroom but we don't actually pay our rent DP works an extra day of the week to cover our rent & electricity :-) but it is pricey we rented in QLD just over 2yrs ago a 3 bedroom for $200 a week and it wasnt a very safe house highset house and it wobbled when u walked up stairs quite scary!!