19 Jun 2007 1:48 PM
|$20,000 is plenty to get yourselves set up. You won't have the money to live the high life but so long as you don't splash out on big cars and things then I think you should be OK for a few months.
Renting here is much cheaper than buying, the cost of a reasonably sized 4x2 (4 bed, 2 bathroom) house is around the $450k mark now but you can rent for around $350 per week - half the cost of a $400,000 mortgage. Rental properties are set up to make a loss so that the owner can make a larger capital gain over time and write off their expenses and losses against their income tax bill.
The cost of actually living is pretty much the same as in the UK - food is a bit more expensive but that is offset by the fact that clothes shopping in Perth is crap so you won't spend much money on shoes or clothes. We found that if we had nothing to do in the UK we would go shopping, here we actually have things to do at the weekend and spend time with our friends. There is much more to do here than traipsing round the city centre at weekends looking at the shops, in fact we haven't been into the city for nearly a year other than to go to restaurants.
All in all you will find that living here is what you make it, you can choose to blow your cash just as quickly or as slowly as anywhere else on earth. Unfortunately the time of living in Perth on tuppence ha'penny a year are long gone and this is becoming a modern developed economy with the associated increase in costs.
Expect sunshine, don't expect to be any better off financially than you were in the UK.
19 Jun 2007 7:07 PM
|I can't see how AU$20k would be enough to arrive here with and set up for a family of 5 if that money also was being used to buy a car.
Here are some basic costs to illustrate:
12,000 Reasonable 3 yr old car (nissan Pulsar or similar)
233 6 mon rego
338 Stamp duty on car
400 Car insurance (depending on driving history)
60+ First tank of fuel
1100 2 weeks furnished accom whilst looking for longer term rental
750 2 weeks of groceries and replenishing basics such as laundry powders etc
800 2 weeks rent upfront for unfurnished rental
1600 bond upfront for unfurnished rental
So then there are the connection fees for utilities, broadband etc, kids school uniforms and books, mobile phone costs (at the very least 2 prepay sims, and you'll use them a lot when you first arrive), plus lots in fuel driving around looking at suburbs and rentals etc. Also you may need to buy some basic furniture items to tide you over until your shipment arrives (kettle, toaster etc) so factor this in too, plus a whole host of other things that i cannot think of as it was a while ago that we moved over!!
With the costs i have detailed, which are bare minimum really, you would have just over $2500 left. Depending on your visa you may get some money from centerlink too, but don't underestimate the set up costs here, or it will not be happy days!!