Last edited by BH-bubhub; 15-12-2014 at 13:50.
I think you should be able to manage fine with the remainder of your income. If I were in your situation I'd probably do the same.
I'm looking at paying around $350 a week but where I live that gets me a modern townhouse with 2 or 3 bedrooms plus study nook and ensuite. I wouldn't want to relocate 40mins out of town.
Last edited by Theboys&me; 15-07-2012 at 15:57.
I pay $185 a week for a 3 bedroom house on a property in the country.
I think paying $600 a week in rent is do-able if you look at your budget and expenses.
Last edited by Cromo; 15-07-2012 at 15:21.
I was paying $320 a week for a 4 bedroom house I knew I could afford it when DH left so I had no plans on moving. We are back together now though
Def fine on ur income :-) you still have a decent amount left over after u pay rent
I live off $$400 a week and still get to live a spoiled life. If you plan ahead anything is possible
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I pay $330 pw in rent plus $200 pw for my car loan on an income of $65k before tax so I think you would be fine. Here that would be a luxury rental though, and a bit excessive. Where you are it might be the norm.
I think you would be fine on that income. I pay $400 a week (Sydney too) but that leaves me only about $400 a week for everything else. I've only done it for 3 weeks though so can't really say if it's working or not!
Last edited by CMF; 15-07-2012 at 16:51.
You can do it, and I believe it's def worth trying for the sake of your little one. Stability is important for him now as you've already identified.
You could always look to move if you found it difficult down the track.
All the very best with such a massive change.
Would you get rent assistance from centerlink??? But I think it's do able if your good with finances and budget spending
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