A family escaped the high priced home horror of Sydney and Melbourne by buying a home in the Gold Coast. Many buyers are struggling to afford properties in two of the most expensive cities in the world, and the Gold Coast offers much better value for money. The Styles family as testament to this, buying a comparable palace for just $600,000 after renting for 11 years.
Key Takeaways:
- Property prices in Sydney and Melbourne are amongst the highest in the world.
- One family escaped this terror by buying a property in the much cheaper region of the Gold Coast.
- After renting for 11 years, the family got a large home, a palace in comparison, for just $600,000.
“With cheaper houses and rent prices, moving to the Gold Coast is quickly becoming not just a dream but a necessity for people looking to get ahead in property.”