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$110k...Is this enough ? !

$110k...Is this enough ? !

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Old Jan 7th 2011, 10:58 pm
  #31  
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Default Re: $110k...Is this enough ? !

Originally Posted by Dorothy
That's a load of crap mate.


We're a family of 2 adults and 2 teenage children (one of whom is special needs) and live quite comfortably on about that much.
Thats because you live in Clarkson which by definition is one of the worst suburbs in Australia and 90% of the population there would be below the poverty line.

If your happy to live in a trash suburb don't take people down who are trying to make something of themselves are aware of how important location is.

For the record 110k would provide little in disposable income
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Old Jan 7th 2011, 11:10 pm
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Default Re: $110k...Is this enough ? !

On BE few people are going to say that $110k is not enough to live on or they will be thoroughly told off.

I recommend you estimate your take home pay, research rental values for the area and property you would like to live in and then compare it to what you currently have left over in the UK after you have paid your rent or morgage.

If it is about the same, allowing for an exchange rate of about 2.2 ~2.5 NOT the latest exchange rate, then you will probably be just fine.
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Old Jan 7th 2011, 11:14 pm
  #33  
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Default Re: $110k...Is this enough ? !

110k is the equivilant of earning two salaries off 55k Me and my friends had an argument last night long story short most of us believed that in Perth 60k is the equivilant of 40k 4 years ago.

110k is not much. You won't be living in a nice area, you won't be sending kids to a good school and you won't be going on overseas holidays thats for sure.
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Old Jan 7th 2011, 11:15 pm
  #34  
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Default Re: $110k...Is this enough ? !

Originally Posted by Bermudashorts
On BE few people are going to say that $110k is not enough to live on or they will be thoroughly told off.

I recommend you estimate your take home pay, research rental values for the area and property you would like to live in and then compare it to what you currently have left over in the UK after you have paid your rent or morgage.

If it is about the same, allowing for an exchange rate of about 2.2 ~2.5 NOT the latest exchange rate, then you will probably be just fine.
Also the cost of living is almost double in Perth compared to the Northern Beaches of Sydney.
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Old Jan 7th 2011, 11:27 pm
  #35  
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Default Re: $110k...Is this enough ? !

Originally Posted by Weebie
110k is the equivilant of earning two salaries off 55k
Einstein.


Originally Posted by Weebie
Also the cost of living is almost double in Perth compared to the Northern Beaches of Sydney.
I have heard people say WA is expensive, but double, really? How do you make that out? Excluding any housing costs of course as I have suggested OP allows for what is left over after housing.
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Old Jan 7th 2011, 11:29 pm
  #36  
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Default Re: $110k...Is this enough ? !

Originally Posted by Weebie
Also the cost of living is almost double in Perth compared to the Northern Beaches of Sydney.
Right, now I'm intrigued, you're either a highly successful executive, with a lot of life experience, living in your Applecross des res, imparting all of your hard earned knowledge for the benefit of us mere mortals on BE

Or, you're about 45, one the dole and still living at home with your mum, feverishly typing away on your computer, trying to convince the world you are someone important..................hmmmmmmmmmmm???????????
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Old Jan 7th 2011, 11:29 pm
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Default Re: $110k...Is this enough ? !

Originally Posted by Bermudashorts
Einstein.




I have heard people say WA is expensive, but double, really? How do you make that out? Excluding any housing costs of course as I have suggested OP allows for what is left over after housing.
Sydney is thailand. My dad always rings me when He's in Sydney telling me how cheap it is and how much in Perth we're getting ripped off.
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Old Jan 7th 2011, 11:30 pm
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Default Re: $110k...Is this enough ? !

Originally Posted by Weebie
Sydney is thailand. My dad always rings me when He's in Sydney telling me how cheap it is and how much in Perth we're getting ripped off.
Proof indeed.
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Old Jan 7th 2011, 11:32 pm
  #39  
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Default Re: $110k...Is this enough ? !

Originally Posted by Bermudashorts
Proof indeed.
Certainly is...so how is life in Phuket?
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Old Jan 7th 2011, 11:32 pm
  #40  
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Default Re: $110k...Is this enough ? !

I'm a student who works a lot. I live in a 40 year old studio apartment in Wembley.

Not great but it's in the triangle and in that city that's of paramount importance.

Just because people out there don't like me telling them that their being taken for a ride by aussie property developers doesn't mean people are going to like it.
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Old Jan 7th 2011, 11:34 pm
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Default Re: $110k...Is this enough ? !

Originally Posted by Bermudashorts
Proof indeed.
Thats a generalision you know aussie humor maaaate lol. Reality though Perth is significantly more expensive compared to Sydney or Melbourne. I don't need proof theres a tone of people on this forum who will be happy to tell you.
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Old Jan 7th 2011, 11:34 pm
  #42  
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Default Re: $110k...Is this enough ? !

Originally Posted by Weebie
Just because people out there don't like me telling them that their being taken for a ride by aussie property developers doesn't mean people are going to like it.
Surely, if they don't like you telling them that means they don't like it?
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Old Jan 7th 2011, 11:35 pm
  #43  
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Default Re: $110k...Is this enough ? !

Originally Posted by Weebie
Thats a generalision you know aussie humor maaaate lol. Reality though Perth is significantly more expensive compared to Sydney or Melbourne. I don't need proof theres a tone of people on this forum who will be happy to tell you.
There aren't a ton of people of this forum that have lived in both. They might know how much it is for a pint and a green curry but that does that really make the COL double?
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Old Jan 7th 2011, 11:36 pm
  #44  
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Default Re: $110k...Is this enough ? !

Originally Posted by Weebie
Thats because you live in Clarkson which by definition is one of the worst suburbs in Australia and 90% of the population there would be below the poverty line.

If your happy to live in a trash suburb don't take people down who are trying to make something of themselves are aware of how important location is.

For the record 110k would provide little in disposable income
Actually, I don't live in Clarkson. We used to, but have built a house elsewhere.

And we have plenty of disposable income. As a matter of fact, I've just booked a 3 week trip to Asia.
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Old Jan 7th 2011, 11:36 pm
  #45  
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Default Re: $110k...Is this enough ? !

Originally Posted by bcworld
Certainly is...so how is life in Phuket?

Brilliant, just did the fortnightly food shop for 250 bhat. Off to buy a couple of beach houses this afternoon, one for us and one for visitors.
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