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Rent or Buy? Is it goodbuy to the “Great Australian Dream”? A simple exemplar to display key parts of students are to display in their final presentation.

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Presentation on theme: "Rent or Buy? Is it goodbuy to the “Great Australian Dream”? A simple exemplar to display key parts of students are to display in their final presentation."— Presentation transcript:

1 Rent or Buy? Is it goodbuy to the “Great Australian Dream”? A simple exemplar to display key parts of students are to display in their final presentation. Blue Boxes represent explanations and Purple Boxes represent Pictures

2 Purpose The purpose of the presentation is to work out whether or not it is better for us (in 5 – 10) years to rent or buy a house, if the current economic climate stays to same. This takes into consideration our personal and financial situation at the time, borrowing power, loan repayments and living requirements.

3 Profile – Five Years From Now Personal Profile Pick from Drop Down Menu unless other specified. Age:27 Marital Status:Married Income:$30,000 - $40,000 Partners Income (if applicable):$50,000 - $60,000 Children:2 Children’s Ages: (Enter Ages)3 & 4 Estimated Weekly Expenses:$500 - $600

4 Legal Obligations This slide contains information on the legislation surrounding buying and renting and the governing bodies.

5 Housing Needs Profile Housing Specifications Number of Bedrooms:4 Number of Bathrooms:2 Number of Car Spaces:2 Area:(Enter Data) Close to a school Other preferred options: (List Options) Ensuite, 2 Storeys, Pool

6 Borrowing Power http://www.aussie.com.au/home-loan/calculators/borrowing-calculator.htm

7 Loan Repayments http://www.anz.com/common/calculators/loanrepayment/exampleau.asp

8 The Two Options Following this slide will be the presentation of two housing options, one a house for sale another a rental property. Both of these houses meet our needs. The slide will detail the specifications of the two houses and their cost.

9 House For Sale

10 Rental House

11 Compare and Contrast – Liveability

12 Compare and Contrast - Costs

13 Evaluation – What is the better option?


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