skye

my partner and I, no children, but two dogs looking to move to queensland next year, partners earnings will be approx $70,000 and myself around $50,000, we will have little equity to take over so will be starting from scratch! - can you get 100% mortgages, and would you advise to rent first or purchase! thanks

Tiawamutu

Maybe try looking in the official jobs/wages thread at the top of the page.That may give you an idea.

Ozzidoc

Two people on 130K will be fine in terms of living costs. You'll be able to get a mortgage of about $480K, if you have NO other debts. You might be able to get a larger mortgage. This may or may not be enough cash to get the type of home that you want - you'll need to search the realestate.com.au or whatever it's called to see if this is close to what you might need. Rent first.

Babycatcher

Sounds good to me!

Simba

Hi Skye, We are also moving to Queensland next year, no children, one dog and two cats. I think your combined earnings will be fine, we are planning to rent first but with pets this can be a bit more difficult so I would recommend bringing enough money so you can offer to pay several months rent upfront. Good Luck, Neil

busterboy

130k - you mean a 120k! You be careful when you are prescribing dosages now, won't you? (sick of not being able to smilie, smilie)!

Ozzidoc

LOL - oops.....my excuse is that I typed it at about 5am San Diego time