The well-being of your family will be tied to your housing situation. After all, whether you like it or not, your loved one’s financial and personal development will be strongly intertwined with the location of your house, the amenities found nearby, and the local opportunities for career development. Do you live outside of Sydney, and in the last couple of years, has your family grown considerably? Are you expecting a child, and do you consider it’s time for a change in your life? In such a case, you should consider moving properties and looking for a more spacious house situated in a respectable and quiet neighbourhood.

However, you might face a problem. The real estate market in Australia has undergone significant changes in the last couple of years, and nowadays, property prices have reached a record level. Do you want to move into a more spacious dwelling that will still provide you with a short commute and ample opportunities for academic and career development nearby? Then you might face issues, as the central Sydney housing market is now facing a shortage of affordable properties, and therefore, demand for three or four-bedroom dwellings is at an all-time high. What’s the alternative, then? Renting.

For most individuals looking for affordable housing in our country, rentals are nothing more than temporary solutions for unsuitable situations that, hopefully, can be surpassed rapidly. But, when you think about it for a minute, rentals do have some concrete benefits that could be taken into consideration even by individuals looking for long-term housing. Are you, for example, faced with an unstable working situation, and is there a chance you might have to relocate in the near future? If so, a 4-bedrom house for rent, available in Green Valley, might be just what you’re looking for.

It’s All About Embracing a Flexible Living Situation

Rentals, for most people, are a less desirable living arrangement than purchasing a property with the help of a long-term mortgage. After all, after a certain age, stability becomes a priority for individuals looking to start a family. But let’s say you are already at that point in your life, and you’ve come to the conclusion that the current real estate situation in Sydney is unsuitable for your family’s ambitions. The average price for a newly listed property in the central areas of the city is now approaching $1.5 million, which makes the housing market situation in the city unsuitable for the vast majority of Australians.

Sure, if you are already the owner of a dwelling in the central parts of the city, you could probably sell your property for a significant profit and then obtain a mortgage with favourable terms that will allow you to purchase your dream home in an area suitable for the requirements of your family. But what if you don’t benefit from this luxury? Did you previously live in an apartment complex near Perth, and did your family expand rapidly in the last couple of years? If so, going for a 4-bedroom house for rent in Green Valley could make a lot of sense.

Think of the Monetary Benefits

Financially, rentals are better short-term solutions than long-term mortgages, as your weekly rent will be lower than is the case for a house payment. Let’s say you’ve found a $1.5 million dwelling in a good neighbourhood, and you are eligible for a mortgage with a repayment period of 30 years that needs a 20% down payment and has a variable interest rate of 6.2%. In this scenario, your monthly house payment will come to around $7,350 per month. Meanwhile, if you were to search for a 4-bedroom house for rent in the same neighbourhood, it’s possible to find a property listed for less than $850 per week or $3,400 per month.

Sure, being a house owner comes with its own perks, as you could take advantage of the rising real estate market. Yet, for short and medium-term housing, rentals are a significantly better deal. Should you stay in Green Valley? Well, the answer to this question will depend on your personal requirements and how close you want to be to the hustle and bustle of central Sydney. GV is a suburb situated in the southeast part of the city, close to the Western Sydney Parklands and a stone’s throw away from Liverpool, NSW.

Financially, going for a house for rent in GV makes sense, as the weekly tenancy fee here is significantly cheaper than in the eastern suburbs of the city. The average rent in GV currently stands at $650 per week, while in more eastern neighbourhoods, such as Auburn, properties with the same square footage fetch an average real estate listening price of $950 per week. That’s a big difference, enough so to have a significant impact on your family’s long-term financial development opportunities. Plus, GV is one of the best neighbourhoods in NSW for nature lovers.

What Can You See Nearby?

The nationally renowned Georges River National Park is just 15km away, while the Blue Mountains National Park, known for its stunning views and hiking opportunities, is just 70km northwest of the suburb’s location. Your nature exploration days are a thing of the past, and nowadays, do you prefer to browse the nearby surroundings and spend your free days in the company of friends and family? In that case, you are in luck, as GV is a family-friendly neighbourhood close to countless museums and monuments of local and national significance.

Living in a suburb such as GV is much more affordable than in the central parts of Sydney. Plus, the general vibe of the neighbourhood will be significantly more relaxed. Sure, the hustle and bustle of the central parts of the city do have their appeal, as you will be at the heart of the most important social gathering events in NSW. But, if you desire more tranquillity, you wish to be surrounded by beautiful natural landscapes, and you want to raise your children in a quiet environment free of the temptation of the city, going for a 4-bedroom house for rent in Green Valley will make a lot of sense.