i think the figures you based this on are per week but my post states that the rent i pay is per month, as i now pay just over 1k per month in rent, we are looking to buy a property in the west,  sunshine , hoppers xing, caroline springs area, thanks Neil

duckster wrote:
Neil, Another way of going which is what I have sort of done is you buy a lower priced house say in Cranbourne around the $240,000 mark and travel into work on the train. The loan repayment would be approx $610 a week and it costs about say $100 a week for the train. so you are $290 a week better off. If you put the extra $290…[Read more]

Hello , thanks for your ideas, i don't know much about state laws & regulations regarding this situation, but i can tell you some things that may help, i am based in Victoria i have almost  30 k saved & not sure how best to go about it, whether i keep saving ,the thing is i am paying 1k p/m in rent now. the bottom line is i desperately want to…[Read more]