Saturday, 17 October 2026 Updated 5 min ago
The News Engine
Latest
Lifestyle Australia

Mortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them?

Guardian Australia’s analysis of Cotality data shows that median rents in inner-city Melbourne, suburban Canberra and Darwin are now nearly matching weekly…

Image accompanying the story: Mortgage repayments are now cheaper than rent in some Australian suburbs. Is yours among them?
Image: Photograph: Westend61/Getty Images · via The Guardian

The Guardian reports: Guardian Australia’s analysis of Cotality data shows that median rents in inner-city Melbourne, suburban Canberra and Darwin are now nearly matching weekly home loan repayments.

In one in 10 suburbs and towns across the country, repayments are…

This lifestyle story centres on Australia. Names and organisations mentioned in the coverage include Australian, Guardian Australia and Cotality.

Why it matters

Stories like this can help readers think about choices in their own daily lives.

Key details

Location
Australia · Oceania
Reported by
The Guardian
First reported
Key names
Australian, Guardian Australia, Cotality, Melbourne
Section
Lifestyle

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at The Guardian

Spotted an error? Request a correction · How this summary was produced

Related Stories