Log in / Sign up

Get in touch with one of our experts who can answer all your home loan related questions.

We love feedback!

Back to Inspire Home

6 reasons it’s time to get your own place

Sick of living with your parents? Reached the end of your rope when it comes to roommates? Sometimes you reach a point in your life when it's time to get your own place.

Saving for a deposit? We've got some tips and advice on how to keep your financial planning on track.

You need privacy

This is the first reason you might want to have your own home. Sharing a house means that there’s always someone knocking on the bathroom door or accidentally waking you up in the morning. It’s time to get your own place if you desperately need some ‘me-space.’ Everyone who has their own place knows there’s nothing better than the ability to do what you want, when you want.

You want to be independant

This means cooking and cleaning for yourself and only yourself. Maybe you lived in a share house previously and someone else did the cooking and cleaning for you. Or maybe you had to be the one to clean up after everyone else. No matter what, maybe it’s time to put yourself first. Learn some new skills and figure out how to cook something besides spaghetti bolognese for every meal.

You have too much stuff

pile-of-unorganised-stuff
If you don’t have your own place, you’re generally confined to a single room and only venturing out to a shared dining room for meals and entertainment. But as you progress through life, you collect a lot of stuff. Couches, blankets, pillows, desks, tables, lights. The list goes on, and your small room and quickly feel much smaller. You might need to find your own place, simply to store all your belongings.

Your social life is non-existent

Living with others or your parents makes having friends over a bit difficult. Just like your furniture, they’ll be cramped into your one room. Entertaining guests for dinner parties or board game nights is impossible. And any romantic evenings are ruined when your guest runs into a roommate or parent at 11 at night.

Got your eye on a specific property? Find out how much it's worth with our free property report.

You want to unleash your creative side

happy-couple-painting-walls
You want to paint your bedroom blue or you want to hang up pictures or artworks, but your roommates or your lease won’t let you. There’s something very satisfying in knowing that the only rules that apply to you are your own rules. It’s time to get your own place if you can’t live your best life in your current home.

You want to be closer to work

Sometimes this can be overlooked in the decision process of moving out of home, but it could have a big impact on your life. What’s your commute like? Plenty of people don’t want to move in order to save, but your savings may be being spent on travel expenses.

Don't spend hours filling out forms. Apply for your home loan online with Lendi and get approved faster.

Tags: first home, home

Check today's low rates

Apply online with Lendi and get approved faster.

View now

Check today's low rates

Apply online with Lendi and get approved faster.

View now
How much is your home worth?

How much is your home worth?

Get a free online property valuation with local sale and suburb statistics.

Get your property report

Important legal stuff

COMPARISON RATE WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The comparison rates are based on a loan amount of $150,000 over a loan term of 25 years.
Lendi is the trading name of Lendi Pty Ltd, a related body corporate of your licensed credit assistance provider, Auscred Services Pty Ltd (ACN 164 638 171, Australian Credit Licence Number 442372). We will never sell your email address to any third party or send you nasty spam, promise.
EXAMPLE: This example is current as at 20th October 2016. A Click Loans Online Principal and Interest Loan of $150,000 over 25 years has monthly repayments of $767. This is calculated based on the interest rate of 3.69%, comparison rate of 3.69%, upfront fees of $0 and annual fees of $0.
IMPORTANT INFORMATION: Loan terms of between 1 Year and 40 Years are available subject to lender and credit criteria. Maximum comparison rate will not exceed 14.99% (see comparison rate warning above). Any calculations or estimated savings do not constitute an offer of credit or a credit quote and are only an estimate of what you may be able to achieve based on the accuracy of the information provided. It doesn't take into account any product features or any applicable fees. Our lending criteria and the basis upon which we assess what you can afford may change at any time without notice. Savings shown are based on user inputted data and a loan term of 30 years. All applications for credit are subject to lender credit approval criteria.
Lendi is a privately owned and operated Aussie business. Our mission is to provide Aussies with the right experience when choosing a home loan from our panel of major and non-bank lenders including Click Loans which is a wholly owned subsidiary of Auscred Pty Ltd and a related body corporate of Auscred Services, your credit assistance provider. Although Lendi compares over 1600 products from over 30 lenders, we don't cover the whole market or compare all features and there may be other features or options available to you. While Lendi is 40% owned by founders and employees, we have also been supported by some great minority shareholders including Bailador, Macquarie Bank Ltd and a number of Australian sophisticated investors. We have an independent and founder led board.
Made with love at Circular Quay in Sydney, Australia. © 2019. All rights reserved.