Why own rather than rent? At New Homes Direct we understand that the desire to own your own home, rather than rent and pay off someone else's home.

The benefits of owning your own home can include security, saving money and a solid investment. Read on to find out more.

WEALTH CREATION

Owning a property allows you to build significant wealth over time. Older Australians who own their home are more than 20 times better off than those who rent.

SECURITY

While renting your family’s stability is based on the decision of the landlord. Moving home is both expensive and inconvenient. When owning you call the shots.

FREEDOM TO MAKE CHANGES

A huge benefit to owning a home is freedom to make changes. It’s a great way to make a house feel like a home and add value at the same time.

SAVING MONEY

Most home loans include principal and interest as part of your repayment which means you put some money towards your own property each month, whereas when renting you are paying someone else’s home off.

SOLID INVESTMENT

There are many options when it comes to investing - not many investments are as safe as houses. It has been widely reported that over the last two cenuries about 90% of the world’s millionaires have been created by investing in real estate.