Why you need a $100K a year to live in Sydney
Jun 2nd 2010, 9:33 am
#16
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Re: Why you need a $100K a year to live in Sydney
As a social experiment I'd gladly try to live in Sydney on $100k. After one year I'll post my findings on BE. So could everyone please send $5 to....
Jun 2nd 2010, 9:39 am
#17
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Jun 2nd 2010, 10:34 am
#19
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Re: Why you need a $100K a year to live in Sydney
$750k can get this in Sydney
or this 
depending on location.
Or
$300k could get you this
or one of the little 1 bed units in this 
Jun 2nd 2010, 10:40 am
#20
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Re: Why you need a $100K a year to live in Sydney
Which area's are they in ? i have been having a look around Hornsby but nothing under 650....
Jun 2nd 2010, 10:58 am
#21
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Re: Why you need a $100K a year to live in Sydney
Population: 7,000 (approx)
Established: 1981
Postcode: 2759
Median Property Value: AUD $361,750 (2009)
Location: 42 km (26 mi) west of Sydney CBD
A reasonably nice suburb that I lived in for a few years.
Hornsby by comparison has a median house price of $575,000 at Feb 2010, and is more popular with the British at 7% of the population compared to only 5% at Erskine Park.
Jun 2nd 2010, 11:14 am
#22
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Location: london
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Re: Why you need a $100K a year to live in Sydney
Sounds good to me 
will have to check it out.
bit of a pain the way housing is going on over there, we have around 100k saved so far but by the looks of things gonna have to save around another 200k dont like the idea of having high repayments,
will have to check it out.bit of a pain the way housing is going on over there, we have around 100k saved so far but by the looks of things gonna have to save around another 200k dont like the idea of having high repayments,
Jun 2nd 2010, 12:06 pm
#23
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Joined: Jul 2009
Location: Sydney
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Re: Why you need a $100K a year to live in Sydney
Oh who cares. Bloody finance obsessed rubbish. I recall some writing on here that it's not worth coming out unless you have a million dollars. Rubbish.
I'm on $50,000 at the mo as I'm working half time and we're just about doing ok. Sure I'll crank up to full time soon enough, and boot the wife out into work too. Property is the one kick in the arse that is expensive. The rest depends on how plush you want to live.
I'm on $50,000 at the mo as I'm working half time and we're just about doing ok. Sure I'll crank up to full time soon enough, and boot the wife out into work too. Property is the one kick in the arse that is expensive. The rest depends on how plush you want to live.
Jun 2nd 2010, 12:47 pm
#24
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Re: Why you need a $100K a year to live in Sydney
So how much do you reckon you need to earn (gross of tax) for a fairly extravagent lifestyle (eating out at mid-priced restaurants say twice a week, returning to the UK every year and another holiday on top, not heavily into clothes or gadgets, one small car not being used for commuting, no saving from income) if you have no mortgage/rent to pay in central Sydney? This for two adults, one working, no children.
Jun 2nd 2010, 1:26 pm
#25
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Re: Why you need a $100K a year to live in Sydney
So how much do you reckon you need to earn (gross of tax) for a fairly extravagent lifestyle (eating out at mid-priced restaurants say twice a week, returning to the UK every year and another holiday on top, not heavily into clothes or gadgets, one small car not being used for commuting, no saving from income) if you have no mortgage/rent to pay in central Sydney? This for two adults, one working, no children.
Jun 2nd 2010, 1:29 pm
#26
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Re: Why you need a $100K a year to live in Sydney
Even without rent or a mortgage? Ouch 
Jun 2nd 2010, 10:18 pm
#28
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Joined: Jun 2010
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Re: Why you need a $100K a year to live in Sydney
Well considering I earn just $63k I am doing quite comfortably. I dont have a mortgage or a car, and have still had 4 international holidays in the last 3 years, as well as about 10 domestic short trips.
I have a nice place close to the train on express services, have plenty of food, paying the electricity, phone/internet and rent is never an issue and I can still afford nice luxuries like a good laptop and good clothes.
I think most of these people think they are entitled to gold plated, jewel encrusted houses and cars.
I have a nice place close to the train on express services, have plenty of food, paying the electricity, phone/internet and rent is never an issue and I can still afford nice luxuries like a good laptop and good clothes.
I think most of these people think they are entitled to gold plated, jewel encrusted houses and cars.
Jun 2nd 2010, 10:20 pm
#29
Auntie Fa
Joined: Nov 2006
Location: Seattle
Posts: 7,344
Re: Why you need a $100K a year to live in Sydney
With a mortgage, I would agree with Bermuda. Without, maybe knock a third of that off?
Jun 2nd 2010, 11:29 pm
#30
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Joined: Apr 2005
Location: Melbourne
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Re: Why you need a $100K a year to live in Sydney
