Is it cheaper to buy or rent in your suburb?

Search using the bar below to check the gap between median rent price and repayment on the median value, for all properties in each suburb/town. If the gap is negative, it is cheaper to buy. If positive, it is cheaper to rent.

Guardian graphicSource: Cotality, Guardian Australia analysisNotes: Weekly repayment assumes a new loan of 95% of the median value, for a 30-year term, at a 6.2% interest rate. It does not account for any additional costs. Buy-rent gap is the difference of rent and repayments. All figures rounded to nearest dollar.