When Vietnamese parents prepare to send their children to study abroad in Australia, there’s more to consider than just school selection, visa applications, or cultural adaptation. A very practical question often arises:
Should you rent or buy property when your child studies abroad?
Securing stable accommodation doesn’t just help your child focus on their studies—it’s a strategic financial decision that can impact your entire family’s long-term future.
1. Renting – Flexible but Full of Uncertainty
At first glance, renting seems like a simple solution:
- No large financial investment upfront
- Flexibility to move around depending on your child’s academic needs
However, the reality of the Adelaide rental market, especially around the CBD and major universities, is becoming increasingly challenging:
- Extremely low vacancy rates, with demand far outpacing supply
- Average rent in the CBD is around $480 AUD/week
- Difficult to find high-standard housing—many students must share rooms or live far from campus
Actual rental cost example:
| RENTING | |
| 5-Year Cost | $129,600 AUD |
| Asset Value After 5 Years | $0 |
| Investment Benefit | No |
| Stability for Child | No |
→ A significant expense that builds no asset value. In fact, this amount could be enough to purchase a property in Adelaide.
2. Buying – Invest Now, Benefit Later
Although it requires more financial planning, buying a house brings both short-term and long-term benefits:
- Stable accommodation with no rent increases or forced relocations
- Save on annual rental costs
- Gain a tangible asset that could appreciate over time
Beyond financial value, owning property in Australia opens up further opportunities:
- A potential plus for future permanent residency applications
- Post-graduation flexibility: live in, sell, or rent out for income
- A solid financial base to start a business or invest further
| BUYING | |
| Current Property Price | Average property price: $900,000 AUD |
| Asset Value After 5 Years | $900,000 AUD + 20% |
| Investment Benefit | Yes |
| Stability for Child | Yes |
Nich Real Estate – Your Trusted Partner in Property Investment
At Nich Real Estate, we combine deep expertise in the South Australian property market with a clear understanding of Vietnamese parents’ concerns. Our team is committed to helping you:
- Select the right property for both study and investment purposes
- Navigate legal processes including FIRB approval
- Offer expert financial consulting, asset management, and rental services
📞 Ready to make a smart move for your child’s future?
Contact Nich Real Estate today →
