Is a Mobile Home For You?

On paper, mobile homes and apartments are worlds apart, but there are many similarities between the two. Firstly the cost of buying both will vary due to the same factors: location, size, recent renovations, quantity of bedrooms and the general health of the market. The mobile home owner’s loans repayments will depend on credit risk and employment status. For mobile homes there is the increased cost of repairs and maintenance.


Common features include living spaces, kitchens, and one or more bedrooms. Mobile homes can be stand-alone or contained in a mobile home community. There can sometimes be more opportunities for personal space with a mobile as opposed to a multi-apartment complex.


One of the main advantages of mobile home ownership is the equity building potential. Renters pay a fixed amount each month but mobile home owners can take advantage of mortgage repayments, which can be borrowed against, in the future. A mobile home owner can sell in order to capitalise on increases in the market. Renters miss out on benefiting from any gain in the market.


A mobile will usually be located in suburban or semi rural areas. Most will be outside major cities. Apartments tend to have access to the amenities of the city such a public libraries and parks but mobile homes are less likely to be located close to such facilities, but they will offer more tranquility.


The degree of control over space is a major difference between apartments and mobiles. A rental agreement will stipulate what can or can’t be done to interior and exterior areas and whether improvements can be made. The mobile home owner has complete control over decorating and renovating the property. Where a mobile home owner may reap the benefits from renovations and adaptations; a tenant runs the risk of losing his deposit.

Where can I buy one?

Mobile homes and in some cases modular homes can be purchased on sites like or similar local peer to peer trade sites. The prices vary a lot and in some cases mobile homes for sale can be as much as $50,000. If your size requirements are less and you are willing to settle for a second hand mobile, you can get ones for closer to $5,000.

If you are buying a home privately, and this is not recommended, you should bring someone with experience. You have no comeback if something goes wrong with it, so it is suggested you buy from a reputable dealer. In this case you can always return if there is some issue. Most dealers will offer a package where the costs of transportation and fixing up on site, with site fees sometimes coming as part of the deal.

Inspecting before buying


Check out the chassis, ensuring that it is free from erosion.

Investigate the sides to see if the panels are defected, which can be costly to repair.

Inspect the roof, making sure it is free from damage.

Make sure all the mouldings and seals are in good condition.

Confirm that all keys can utilise external storage compartments.


Dampness, dampness, dampness–that is your high priority when inspecting the interior.

Check for water damage, any softness on the floor, near windows, or external doors.

Spongy or soft walls are warning signs.

Ask the dealer to demonstrate all appliances like gas, electrical and water systems.

Check that all doors and windows open without issue, as these can be very costly to repair.