If you have sufficient downpayment, get your own place... you can do it up as you like.

With a rented property, you would probably have to move every couple of years, and moving around isnt easy.

Problems with renting in Syd;
-Your rent increase every 6 month or so, unless you stay in lousy surburbs and then risk getting break in, etc...
-Owner want to sell, take back to stay ownself, etc... forcing you to relocate
-difficult to get a rented property, as supply is pretty limited and lot of demand, lot people looking to rent
-have to deal with the hassle of relocating, need to change address, hire movers, your furniture might not fit your new place, etc...
-you will need to pay rent, might as well pay your mortgage
-you cant really make any modification to the place as its rented, hardwood flooring, partition, nailing the wall, etc.


If you dont have downpayment, then you dont have much choice but to stick with renting.