I would be grateful for any advice on whether to continue renting or trying to buy a property.

I am 54 years old with a school-age child, and my partner and I are separating. I earn $107,000 and have a super balance of $410,000, plus savings of $85,000. I am paying $650 a week in rent, and have been salary-sacrificing an extra $250 a week into super.

I will eventually inherit my 75-year-old mother’s unit and some money. The idea of a stable place to live is very attractive, but as I have left it so late, would I be better off renting in the short term and focusing on building my super (with a view to buying in 10 or 20 years, post-inheritance)?

Housing affordability varies greatly depending on where you live.Credit: Dionne Gain

If the amount currently going to rent and super were used for mortgage repayments it appears you could afford a loan of about $600,000 at current interest rates. Deposit and stamp duty requirements will........

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