RNB31

On my workings of $95k before tax and inc the child rebate etc there isn't much savings in my pot certainly not enough to raise a 20% deposit. We would have enough for a deposit on the sale of our UK home though, if it wasn't for that equity in our UK house I doubt I'd be able to raise the funds to buy in oz

Yip with one of us only being able to work fulltime the big question is , is $95k going to work for us, i suppose yes we will make it work, but is that going to give us what we want/need. Only me and my wife can answer that now... We are going to have to go away with all the info and advise and have a serious think. We have the money to do it We want to do it But the wage situation does make me nervous Thanks for all the info guys

Ah thats great, I didn't realise the figures have rebate etc deducted already. I did my calculations on their website and its does help. How do you think you would find in on a joint income of $95k before tax, then when one goes to school if that was to drop to $75-80k?

Great info, Thanks. is your child care bill, 2 kids for 2 full days? I was looking at childcare of $100 a day. My $95k is top line salary, its going to be tough!

Thanks to all for taking the time to reply and this is all good info, but as bristolman says, I am really looking for families in Melbourne suburbs, 3 or 4 bed house, preferably newer build houses so I can get an idea. I do think from what I have read on this post I need to account for $100-200 more a month to cover the Utilities

Ok I'll keep an eye on this post so if families living in newer houses in suburbs like pointcook want to share their Gas, Elec and Water costs then I'd really appreciate that as a guide also Thanks

So on that rough guide Gas and Elec $240 compared to what I thought of $140 a month

In the UK I have a 3 bed detached 1970s build, I am about £120 for Gas and Elec, in Scotland so just council tax which is £190 a month

Yeah I don't want to over think it as there is always ways to cut back but with my figures I am predicting am I looking to say I need $100 more a month to be realistic to cover the 3 Utilities or is it more like $200-300 a month. Hopefully I'll get some more bills from families and can gage an average

Yeah that is what I am hoping to do is to compare families with a similar set up to me and take an average, I would say I am under, but just need to work out how much I am under in predictions.

So those figures are not a million miles away from my predictions.

Thanks for the replies looks like I may have actually got these figures a bit wrong, would really appreciate any families in Melbourne suburbs to share their Gas, Water and Elec outgoings, monthly or 1/4 with me so I can get a better idea

Hi thanks for replies so far. I am basing these calculations on a 3 bed house in a suburb like point cook, so a fairly new house, no pool. Usual appliances washing machine, dishwasher, tumble dryer, 1 or 2 TV's

Hey, Just looking for some Melbourne families to share their Utility Bill costs, I would be hoping my monthly calculations are on track but suspect they might be way off! Family x 4, 3-4 bed house suburbs Water $70 Electricity $90 Gas $50