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Old 02-24-2011, 08:26 PM   #97
addyta.org

Join Date
Oct 2005
Posts
557
Senior Member
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Buy a cheap one? You should feel lucky, your income is higher then my gf and I's income combined and I work about 96 hours a fortnight, my gf works about 60. I'm still trying to figure out how I can even move out of my grandmothers place. I've yet to even contemplate about buying a house.

As for last years total, I have no idea, probably around $15+k.

As for this year with new job, probably around $30+k.

As for next year if I can land a better job, I'm hoping to hit $50k.
I take it you have not been in the market for buying houses. Lets just say sure there are cheap places I could afford to buy in the country for $250,000 - $270,000. The problem with that though, is well I need to live in it to get first home buyers grant and also generate income by getting someone in the home to help pay it off. I could not buy a cheap home remote and rent in Melbourne at the same time, it's far to expensive and you're better off buying a house here.

To buy a cheap small home/apartment in Melbourne, mate you'd lucky to find a place for less than $330,000. I'm looking at cheap old apartments that are not so good, for $330-350k. To buy cheap house you're looking around $400,000 and your average middle income house that still isn't all that much flash is now worth around $500,000.

Now I can't simply move to the country to live and earn the same income. You'd be lucky to get an IT job in the country paying what I earn. My skills are limited to built up commercial hubs, where unfortunately housing is not cheap.
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