Relocate to Australia FAQ - Part 2
How much money do I need to move to Australia?
The amount depends on your lifestyle, city of choice, and visa type. As a rough guide:
• Singles: AUD $5,000 – $10,000
• Couples: AUD $10,000 – $15,000
• Families: AUD $15,000 – $30,000
This should cover visas, flights, a relocation agent or few weeks of temporary accommodation.
Is Australia expensive to live in?
Yes, Australia has a high cost of living, especially in cities like Sydney and Melbourne. However, wages are also high, and healthcare and education are well-supported. Housing, groceries, and transport tend to be the biggest expenses.
What’s the average rent in major cities like Sydney, Melbourne, and Brisbane?
Property prices vary greatly depending on suburb, property size, proximity to the CBD, beaches and infrastructure, and demand. To gain a general idea of property prices in your destination city, check out realestate.com.au or domain.com.au to see what sort of properties are available in your price bracket.
How do real estate agents assess affordability for a rental property?
The general rule of thumb that real estate agents used to assess affordability for a property is one third of the combined take-home (post-tax) income should be allocated to rental payments. This includes all income sources including your salary, side hustles, rental income from investment properties, dividends and other investments.
How much should I budget for groceries?
A single person spends around AUD $100–$150 per week on groceries, while a family might spend AUD $200–$400. Shopping at discount supermarkets like ALDI and buying in bulk can help save money.
To find out a rough estimate of how much your weekly shop would be, download either the Coles or Woolworths app and place everything you’d usually purchase into your cart.
Moving to Australia doesn’t have to be complicated. From navigating the complexities to securing a rental - we’re by your side every step of the way.
Get in touch today to see how we can make your move simple, seamless and stress-free.