How Much Do You Need to Earn to Buy a House in Australia?

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Күн бұрын

In this video we talk about how much you need to earn (after tax dollars) in order to buy a median priced house in each capital city. These numbers have been worked on the following assumptions:
People only spend 30% of their income on housing
A 20% deposit has been paid
There will be a mortgage with a variable rate of 6.57%
The loan duration is 30 years
Obviously these are general assumptions and every person has their own set of unique circumstances which must be taken into account on an individual basis.
#investment #realestate #australianproperty #property #australia

Пікірлер: 25

@ramshoja1455 2 ай бұрын

Ooh so sorry my friend I was just been away and I missed that interesting video very very good I find my answer which is ask you recently. Good man ❤

@vloggersontheloose 2 ай бұрын

Glad we were able to help 😎

@ramshoja1455 2 ай бұрын

@@vloggersontheloose life saver you are .bless you.thank you 🙏

@daze134 2 ай бұрын

Interesting analysis. So very difficult for youngsters fresh out of college, starting a career to afford a house

@vloggersontheloose 2 ай бұрын

Spot on. Unless the bank of Mum & Dad is available. 🙂

@daze134 2 ай бұрын

@@vloggersontheloose 😂

@kmuinde 2 ай бұрын

Very few people earn over 100k a year. guess they wanna keep people renting

@vloggersontheloose 2 ай бұрын

Exactly - or both partners need to work full-time.

@morganwallace-brown4756 2 ай бұрын

I live in Tasmania. Heaps of people moving here from Mainland in recent times. What do you guys think of Tasmania?

@icebaby6714 2 ай бұрын

Extremely quiet, I was in Hobart a couple of years back. There were literally not many people in the street even in the city centre…things might have changed over the past few years. Low population and less job opportunity are the problems. However the properties are relatively cheaper and Tasmania is a great place for retirement.😂

@vloggersontheloose 2 ай бұрын

We contemplated moving there years ago but decided to remain in Perth. Tasmania still looks good though.

@sjdtmv 2 ай бұрын

Home amount the gumtrees, city lights not for me, did that change 25 years ago, still very affordable in todays money

@vloggersontheloose 2 ай бұрын

That was a good decision on your part. We were going to do that recently but unfortunately the state of the building industry at the moment stop us from building on our block in the country.