Renting can be smart when you need flexibility, expect to move soon, or want to keep your cash liquid. Your key costs are rent increases, utilities, and deposit rules—your risk is mainly annual rent increases and the chance of repeated moving costs.

Buying often wins when you stay longer, can handle upfront costs, and want long‑term stability. Your key costs include the deposit, bond interest, rates/taxes, levies (if any), insurance, and ongoing maintenance.

The practical question: how long will you stay? If you sell too soon, the upfront buying costs can outweigh the benefits. If you stay long enough, you may build equity and reduce future housing risk.

Reality check: the cheapest option on paper is not always the best option for your life. Use the calculator to understand the money side—then decide with your lifestyle and risk tolerance in mind.