If you are looking for an area that provides unbeatable surf, access to some of the country’s most beautiful national parks and great living opportunities for professionals and families, NSW might be the perfect choice. It’s a beautiful part of the country but there is a downside. With median house prices standing at over $900,000 and apartments not far behind, getting a mortgage or property loan can be challenging.
For this reason, rent to buy houses are becoming more popular in NSW. Read More
How Does Rent-to-Buy Property Work in NSW?
Simply put, investors buy or hold a property on your behalf, and you have the option to purchase that property once you've built up enough savings to secure financing from a lender. All you need to get started is a 1% plus GST setup fee. Each week, you’ll also make an additional payment equal to 50% of your rent, which helps build your purchasing power over time. It’s a great solution for aspiring homeowners who aren’t quite financially ready to enter the market.
When You Rent-to-Buy a House in NSW
PublicSquare was created to bridge the gap between renting and homeownership through our rent-to-own home service. Unlike banks and lending institutions, of which PublicSquare is neither, we offer an alternative path to owning property. Renting usually means paying for the right to live in someone else’s property without gaining any ownership or real say. By choosing PublicSquare, you’re unlocking a whole new world of opportunities. We understand that it’s nearly impossible to save a 10%-20% deposit when prices are constantly rising. That’s why all you need to secure your chosen property is 1% of the home value plus GST.
Searching for a NSW Rent-to-Buy Home
Whether you’re looking in Casuarina, Blackhurst, or Sydney proper, PublicSquare will be with you every step of the way. As long as your dream home is within your purchasing power, we’ll do our best to help you secure the deal. We’ll take care of the transaction with the owner or property investor so you can focus on getting ready for the big move.
But Where Are the Hidden Fees?
Aside from the cost of obtaining your legal advice report (usually around $1,000) plus your 1.1% Kickstarter fee, and $25 weekly support fee, there are no additional fees for properties listed by PublicSquare. We aim for complete transparency. To calculate your purchasing power, we consider the total amount of your weekly contributions and any additional payments you’ve made. This way, you can watch your purchasing power grow each week.
Get Pre-Approved Now
PublicSquare has already helped customers start to rent-to-buy homes in Queensland and Victoria. Take the first step towards a more financially stable future today. Start by filling out our pre-approval form, and feel free to get in touch with us if you have any questions.
