SYDNEY! Salary A$85000/year! for family of three!
Sep 29th 2010, 6:07 am
#46
Forum Regular
Joined: Jan 2010
Location: cairns,australia
Posts: 176
Re: SYDNEY! Salary A$85000/year! for family of three!
Exactly. Some families may be happy with the life that $42,000 brings them, a lot aren't - and I do know some personally, who say while they can survive, it isn't "living" in the way they would like it to be.
Also there is one hell of a vast difference between living on $42,000 in Cairns as the wife of an Aussie with a life already established here, and living in Sydney as a new migrant family trying to set yourselves up in an unknown environment.
Also there is one hell of a vast difference between living on $42,000 in Cairns as the wife of an Aussie with a life already established here, and living in Sydney as a new migrant family trying to set yourselves up in an unknown environment.
And as for being the wife of an Aussie who is already established (as you put it) never assume you know the full story, we are starting at the bottom of a very low pile but are just happy to finally be together and yes that might be a little idealistic but we don't feel we need a lot of money to make us happy, we know we need it to live.
You will do what you what is best for you family and i hope you enjoy your journey,
i don't know of the area's you have enquired about, but i do know we are in what is supposably a rough area of Cairns and after what i have seen living around the UK i am more than happy where we are beginning.
Sep 29th 2010, 6:35 am
#47
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Joined: Mar 2009
Posts: 1,412
Re: SYDNEY! Salary A$85000/year! for family of three!
I personally would prefer to live closer to the city but there are nicer suburbs than the ones you have mentioned in the outer suburbs. Those areas do have quite a bad reputation.
Sep 29th 2010, 9:22 am
#48
Joined: Jun 2006
Posts: 4,555
Re: SYDNEY! Salary A$85000/year! for family of three!
That income and kids will get a $250,000 dollar mortgage and you will need to pay a deposit and other costs on top. OP will need to work out if struggling in western Sydney is worth the move.
Where in W Sydney is that house? It is a big place with OK and awful areas.
Where in W Sydney is that house? It is a big place with OK and awful areas.
Sep 29th 2010, 9:33 am
#49
Guest
Posts: n/a
Re: SYDNEY! Salary A$85000/year! for family of three!
The poverty line for 2008-09 was about $40,000 per year gross.
$350k for a house where I used to live, in Sydney, is pretty normal even now, and seemed to be a safe enough place, in general. It suits a large number of average people.
A selection of actual NSW Crime rates for 2009 from http://www.lawlink.nsw.gov.au/lawlin...sar_lga_region
Mosman:
Assault 130.5 per 100,000
Break and enter dwelling 543.1 per 100,000
Leichhardt:
Assault 451.0 per 100,000
Break and enter dwelling 498 per 100,000
Manly:
Assault 693.3 per 100,000
Break and enter dwelling 375.6 per 100,000
Blacktown:
Assault 711.9 per 100,000
Break and enter dwelling 924.5 per 100,000
As a comparison to the UK 2009-10 from http://rds.homeoffice.gov.uk/rds/soti.htmlAssault 130.5 per 100,000
Break and enter dwelling 543.1 per 100,000
Leichhardt:
Assault 451.0 per 100,000
Break and enter dwelling 498 per 100,000
Manly:
Assault 693.3 per 100,000
Break and enter dwelling 375.6 per 100,000
Blacktown:
Assault 711.9 per 100,000
Break and enter dwelling 924.5 per 100,000
London
Violence against the person with injury 923.7 per 100,000
Violence against the person without injury 1,358.0 per 100,000
Burglary in a dwelling 794.9 per 100,000
Devon and Cornwall
Violence against the person with injury 620.3 per 100,000
Violence against the person without injury 604.3 per 100,000
Burglary in a dwelling 217.0 per 100,000
Both links are useful to compare direct relevant locations.
Violence against the person with injury 923.7 per 100,000
Violence against the person without injury 1,358.0 per 100,000
Burglary in a dwelling 794.9 per 100,000
Devon and Cornwall
Violence against the person with injury 620.3 per 100,000
Violence against the person without injury 604.3 per 100,000
Burglary in a dwelling 217.0 per 100,000
Sep 29th 2010, 9:41 am
#50
Joined: Jun 2006
Posts: 4,555
Re: SYDNEY! Salary A$85000/year! for family of three!
Was a similiar methodology used? OP would still not get a 350K house without a 120k deposit.
$85,000 per year below poverty line now ??
The poverty line for 2008-09 was about $40,000 per year gross.
$350k for a house where I used to live, in Sydney, is pretty normal even now, and seemed to be a safe enough place, in general. It suits a large number of average people.
A selection of actual NSW Crime rates for 2009 from http://www.lawlink.nsw.gov.au/lawlin...sar_lga_region
The poverty line for 2008-09 was about $40,000 per year gross.
$350k for a house where I used to live, in Sydney, is pretty normal even now, and seemed to be a safe enough place, in general. It suits a large number of average people.
A selection of actual NSW Crime rates for 2009 from http://www.lawlink.nsw.gov.au/lawlin...sar_lga_region
Mosman:
Assault 130.5 per 100,000
Break and enter dwelling 543.1 per 100,000
Leichhardt:
Assault 451.0 per 100,000
Break and enter dwelling 498 per 100,000
Manly:
Assault 693.3 per 100,000
Break and enter dwelling 375.6 per 100,000
Blacktown:
Assault 711.9 per 100,000
Break and enter dwelling 924.5 per 100,000
As a comparison to the UK 2009-10 from http://rds.homeoffice.gov.uk/rds/soti.htmlAssault 130.5 per 100,000
Break and enter dwelling 543.1 per 100,000
Leichhardt:
Assault 451.0 per 100,000
Break and enter dwelling 498 per 100,000
Manly:
Assault 693.3 per 100,000
Break and enter dwelling 375.6 per 100,000
Blacktown:
Assault 711.9 per 100,000
Break and enter dwelling 924.5 per 100,000
London
Violence against the person with injury 923.7 per 100,000
Violence against the person without injury 1,358.0 per 100,000
Burglary in a dwelling 794.9 per 100,000
Devon and Cornwall
Violence against the person with injury 620.3 per 100,000
Violence against the person without injury 604.3 per 100,000
Burglary in a dwelling 217.0 per 100,000
Both links are useful to compare direct relevant locations.Violence against the person with injury 923.7 per 100,000
Violence against the person without injury 1,358.0 per 100,000
Burglary in a dwelling 794.9 per 100,000
Devon and Cornwall
Violence against the person with injury 620.3 per 100,000
Violence against the person without injury 604.3 per 100,000
Burglary in a dwelling 217.0 per 100,000
Sep 29th 2010, 9:51 am
#51
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,826
Re: SYDNEY! Salary A$85000/year! for family of three!
Its a computer programme from microsoft, what of it?
I haven't enquired about any areas 
I came here as the wife of an Aussie several years ago. He had a house, job, furniture, the lot. We lived in a Brisbane suburb and had a joint income of around $50 for the first four years or so. And we were broke at the end of each month - thats not to say everyone on that income would be, purely personal opinion - to which everyone is entitled. My only point with your post was that there is a vast difference between the cost of living in Cairns and the cost of living in Sydney (which is what the OP was asking about).
It wasn't meant as an attack and maybe the word materialistic wasn't the correct word to use but being shot down for having an opinion is a little ott
And as for being the wife of an Aussie who is already established (as you put it) never assume you know the full story, we are starting at the bottom of a very low pile but are just happy to finally be together and yes that might be a little idealistic but we don't feel we need a lot of money to make us happy, we know we need it to live.
You will do what you what is best for you family and i hope you enjoy your journey,
i don't know of the area's you have enquired about, but i do know we are in what is supposably a rough area of Cairns and after what i have seen living around the UK i am more than happy where we are beginning.
And as for being the wife of an Aussie who is already established (as you put it) never assume you know the full story, we are starting at the bottom of a very low pile but are just happy to finally be together and yes that might be a little idealistic but we don't feel we need a lot of money to make us happy, we know we need it to live.
You will do what you what is best for you family and i hope you enjoy your journey,
i don't know of the area's you have enquired about, but i do know we are in what is supposably a rough area of Cairns and after what i have seen living around the UK i am more than happy where we are beginning.
I came here as the wife of an Aussie several years ago. He had a house, job, furniture, the lot. We lived in a Brisbane suburb and had a joint income of around $50 for the first four years or so. And we were broke at the end of each month - thats not to say everyone on that income would be, purely personal opinion - to which everyone is entitled. My only point with your post was that there is a vast difference between the cost of living in Cairns and the cost of living in Sydney (which is what the OP was asking about).
Sep 29th 2010, 10:01 am
#53
Joined: Jun 2006
Posts: 4,555
Re: SYDNEY! Salary A$85000/year! for family of three!
Sep 29th 2010, 10:08 am
#54
BE Forum Addict
Joined: Mar 2009
Posts: 1,412
Re: SYDNEY! Salary A$85000/year! for family of three!
EDIT: I think I may know the source of this misunderstanding. I think the OP is looking for a 360k house, not a 360k mortgage?
Last edited by Steve2009; Sep 29th 2010 at 10:12 am.
Sep 29th 2010, 10:16 am
#55
Forum Regular
Joined: Jan 2010
Location: cairns,australia
Posts: 176
Re: SYDNEY! Salary A$85000/year! for family of three!
Its a computer programme from microsoft, what of it?
I haven't enquired about any areas I came here as the wife of an Aussie several years ago. He had a house, job, furniture, the lot. We lived in a Brisbane suburb and had a joint income of around $50 for the first four years or so. And we were broke at the end of each month - thats not to say everyone on that income would be, purely personal opinion - to which everyone is entitled. My only point with your post was that there is a vast difference between the cost of living in Cairns and the cost of living in Sydney (which is what the OP was asking about).
I haven't enquired about any areas
I came here as the wife of an Aussie several years ago. He had a house, job, furniture, the lot. We lived in a Brisbane suburb and had a joint income of around $50 for the first four years or so. And we were broke at the end of each month - thats not to say everyone on that income would be, purely personal opinion - to which everyone is entitled. My only point with your post was that there is a vast difference between the cost of living in Cairns and the cost of living in Sydney (which is what the OP was asking about).I still believe that if needs be you will survive on whatever money you have if that is what you so desire, not always easy as said
Hope it all works out for you OP
Sep 29th 2010, 10:17 am
#56
Joined: Jun 2006
Posts: 4,555
Re: SYDNEY! Salary A$85000/year! for family of three!
I base it on my experiences with two kids and a single income getting a mortgage. Run the numbers through some of the bank calculators.
Huh? He's looking for less than 4 times his salary, he would seem to me quite a good risk. Why would he be expected to have an LVR of less than 66%?
EDIT: I think I may know the source of this misunderstanding. I think the OP is looking for a 360k house, not a 360k mortgage?
EDIT: I think I may know the source of this misunderstanding. I think the OP is looking for a 360k house, not a 360k mortgage?
Sep 29th 2010, 10:25 am
#57
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Joined: Mar 2009
Posts: 1,412
Re: SYDNEY! Salary A$85000/year! for family of three!
Haven't seen anything about it yet. Westpac just says $72,000 minimum or else mortgage protection insurance. Not doubting you, just wasn't aware of this. I would have thought it was all about the LVR ratio. In theory with the direction the banks seem to think the market is going it's a no brainer.
Sep 29th 2010, 10:55 am
#58
Joined: Jun 2006
Posts: 4,555
Re: SYDNEY! Salary A$85000/year! for family of three!
Banks here are dependent on foreign funds to fuel the mortgages. Apparently they are having a job persuading funds to lend hence the need to keep mortgages at quality. What I found is that the amount that could be lent would increase with less children. The OP is just in a very similiar situation to myself hence I am quite certain on the numbers. A few years ago the story was very different.
Haven't seen anything about it yet. Westpac just says $72,000 minimum or else mortgage protection insurance. Not doubting you, just wasn't aware of this. I would have thought it was all about the LVR ratio. In theory with the direction the banks seem to think the market is going it's a no brainer.
Sep 29th 2010, 11:00 am
#59
BE Forum Addict
Joined: Mar 2009
Posts: 1,412
Re: SYDNEY! Salary A$85000/year! for family of three!
Banks here are dependent on foreign funds to fuel the mortgages. Apparently they are having a job persuading funds to lend hence the need to keep mortgages at quality. What I found is that the amount that could be lent would increase with less children. The OP is just in a very similiar situation to myself hence I am quite certain on the numbers. A few years ago the story was very different.
That sounds incredibly prudent. Too prudent for most. I know those are the requirements in Ireland now but I thought Australia was still in bubble mode. The bubble is a goner overnight if that's the case.
Sep 29th 2010, 11:47 pm
#60
Joined: Jun 2006
Posts: 4,555
Re: SYDNEY! Salary A$85000/year! for family of three!
Reduce the wife and kids and you get more money.
I think I understand what you mean now. They will only lend him $240,000? So 3 times his net income.
That sounds incredibly prudent. Too prudent for most. I know those are the requirements in Ireland now but I thought Australia was still in bubble mode. The bubble is a goner overnight if that's the case.
That sounds incredibly prudent. Too prudent for most. I know those are the requirements in Ireland now but I thought Australia was still in bubble mode. The bubble is a goner overnight if that's the case.