Rent vs buy verdict

For 2 Quamby Place, DonvaleClear

For 2 Quamby Place, Donvale

Verdict

Renting costs less

$285k over 5 years

Renting costs $285k less over 5 years under these assumptions.

Average gap: $4,742/mo

How we got this
Rent vs buy difference$284,501

Arvocado cost model | as of 2026-07-06 | Price growth, tax, sale costs, and moving costs are not modelled.

5-year horizon.

Buying net cost$544,656

Arvocado cost model | Engine output.

Renting net cost$260,155

Arvocado cost model | Engine output.

Break-even curve

Closest gap year 1

BuyingRenting
12345

Buying

$545k

Net cost over the horizon

Average: $9,078/mo

Renting

$260k

Net cost over the horizon

Average: $4,336/mo

Buying cash paid

Estimate
How this is worked out

Adds the monthly ownership costs across the selected horizon.

$637k

Loan principal paid down

Estimate
How this is worked out

Counts the loan principal paid down during the selected horizon.

-$92k

Buying cost after principal

Estimate
How this is worked out

Subtracts principal paid down from the buying cash paid.

$545k

Rent paid

Estimate
How this is worked out

Adds weekly rent across the horizon with the selected rent growth.

$325k

Deposit earnings if renting

Estimate
How this is worked out

Compounds the deposit while renting at the selected return.

-$65k

Renting cost after deposit earnings

Estimate
How this is worked out

Subtracts deposit earnings from rent paid.

$260k

Assumptions

Not legal, planning, or financial advice.

Purchase price

Your input
How this is worked out

Uses the price entered here or passed in from a linked property.

$1.7M

Deposit

Your input
How this is worked out

Uses the deposit entered here to set the starting loan size.

$345k

LVR

Your input
How this is worked out

Compares the loan amount with the purchase price.

80%

Equivalent weekly rent

Your input
How this is worked out

Uses the weekly rent entered for a comparable home.

$1k/wk

Horizon

Your input
How this is worked out

Sets how many years of buying and renting costs are counted.

5 years

Rent growth

Assumption
How this is worked out

Raises the rent each year by the selected growth assumption.

3%

Deposit return

Assumption
How this is worked out

Compounds the unused deposit while renting at the selected return.

3.5%

Loan setting

Assumption
How this is worked out

Uses the selected loan rate with the standard loan term.

6.25% p.a., 30 years

Property price growth, tax, sale costs, and moving costs

Not modelled
How this is worked out

These items stay outside the comparison until the switch is turned on.

Share preview

Renting costs less

$285k over 5 years

2 Quamby Place, Donvale

Not legal, planning, or financial advice.