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Old 14.11.2011, 09:08
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Dear Aussies, I need your help ( Cost of Living in Melbourne )

Dear Aussies (or anyone else who can help).

I'm moving to Australia in April after having been living here in Zurich for over 2 years now. I have done tons of research about Australia (Melbourne specifically, where my partner and I are moving to), but I still cannot really come up with a cost of living scale for Mel in relation to here in Zurich. (I don't want to compare with my home country, as the difference would be too big)
It would be helpful if someone could tell me what is considered a good salary in Melbourne. I know the cost of most things, but can't really predict or understand how much I may be earning. So for example, in relation to salary, is rent more/less expensive than here, or is eating out more/less expensive? Other tips would be appreciated.
To give you an idea, here I earn an average of about 2600 CHF per month (NET) which by Swiss standards is pretty low, and I 'manage' on this with few luxuries and without being able to save for retirement. What is a salary in Mel which allows you to more than just 'manage'?

Thank you!
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Old 14.11.2011, 09:22
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

Some references, just in case:

http://www.liveinvictoria.vic.gov.au...cost-of-living

Minimum wage is at AUD589.30 a week or AUD31K - anything above AUD40K pa is good enough for one person.
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Old 14.11.2011, 09:27
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

I lived in Melbourne, me, wife , two young kids. I would say $AUD90K = £42K = CHF100K
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Old 14.11.2011, 12:35
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I lived in Melbourne, me, wife , two young kids. I would say $AUD90K = £42K = CHF100K
Did they evict you too? :-)
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Old 14.11.2011, 12:45
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

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Did they evict you too? :-)

"Spent" convictions never usually had to be declared...
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Old 14.11.2011, 13:06
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

Make sure they have brown sugar.
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Old 14.11.2011, 13:41
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

If I was to take a punt, I'd say Zurich is about 20%-25% more expensive.

Like Zurich, how you choose to live will largely dictate how much financial freedom you will have.

AUD$40K is about minimum wage for Australia, and rental prices in the cities (Sydney, Melbourne) are comparible with Zurich.
Outside the cities, prices drop drastically.

Expect an average increase in 'value for money' with your rental property, and more room to live.


Eating out-
With the lower to mid price bracket, there is much more competition so prices are relatively much lower.
Thai food and Indian food anywhere is dirt cheap - and pretty damned good !!!
Fresh food from the shops has seen a sharp increase in costs recently, and I don't know why. Fortunately, the quality is extremely high, so all is not lost.

Alcohol and cigarettes-
Both are taxed through the eyeballs.
Beer, Wine, and Spirits all cost the earth.
Cigarettes are up around $16-$18 / packet (of 25)

Petrol / Gas / Benzene (whatever you want to call it)-
Expect Prices to vary a lot.
Here is a report to show how average prices have fluctuated over the last 12 months.
Basically budget for around $1.40 to $1.50 per litre.

Buying a car? (you'll need one)
Try here:
http://www.carsales.com.au/
or here:
http://www.carsguide.com.au/buy-a-car

Awesome search functions on the carsales website.
HOT TIP - research the most 'commonly' searched for cars first.
That way the car is most likely easiest to sell if you have to.
Also, take your 'model' of interest, and search the prices from new, and go back over the years to see the rate of depreciation.
Cars like "Toyota" tend to hold after 3-4 years, so you can loose much less over time if you spend more at the start........ just saying.
(I only lost $1,000 on a Holden ute (12 months), and NOTHING on a Landcruiser (18months)...... but you have to shell out the coin to start).

RENT
Try here:
http://www.realestate.com.au/rent

or here:
http://www.domain.com.au/?mode=rent

Best all round though, just poke your head into the local realestate agent and they will have a rental department.


That's about all I can help you with for now.


Melbourne is an awesome city !!!
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Old 14.11.2011, 13:42
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

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Make sure they have brown sugar.
Guaranteed !!!


Brown sugar is in every grocery store, convenience store, and major shopping centre in the country !!!

Big win !!!
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Old 14.11.2011, 13:51
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

Another "Social" tip for Melbourne:


Know the rules to these games:

Aussie Rules

Cricket

Embrace them with both fear and passion in this city, or face being ostracised.
(seriously, learn Aussie Rules before your driving rules....... always pretend to be enthusiastic about this game, and identify who your local team is...... easiest way to find people who can help you).


Melbourne people are seriously crazy about sport. Don't underestimate this.
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Old 14.11.2011, 13:54
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

Possibly useful thread.

Leaving CH to move to Aussie
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Old 14.11.2011, 14:04
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

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Another "Social" tip for Melbourne:

Melbourne people are seriously crazy about sport. Don't underestimate this.
SOME Melbourne people are seriously crazy about sport. And others are not!
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Old 14.11.2011, 14:07
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

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Another "Social" tip for Melbourne:


Know the rules to these games:

Aussie Rules

Cricket

Embrace them with both fear and passion in this city, or face being ostracised.
(seriously, learn Aussie Rules before your driving rules....... always pretend to be enthusiastic about this game, and identify who your local team is...... easiest way to find people who can help you).


Melbourne people are seriously crazy about sport. Don't underestimate this.
Doesn't everyone support Collingwood?
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Old 14.11.2011, 14:19
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

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Doesn't everyone support Collingwood?
God I hope not

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Old 14.11.2011, 15:01
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

Hi there

I just moved from Melbourne in Feb this year. I originally come from Brisbane and moved to Melbourne because it has so many more options for a social life. Because of this we decided to move to South Yarra which is prob a bit of an expensive place but we had everything at our door step so it was worth it.

We lived in a 2 bedroom, 2 bathroom apartment for $500 a month and then it went up to $550 in the second year. But you can find things cheaper. We could walk to chapel street, cinemas and grocery store.

In regards to cost of living I think Melbourne is cheaper than here. I was on a really strict budget to move to Switzerland but I still managed to experience everything Melbourne had to offer. Eating out is no where near as expensive as it is here and there are heaps of options. Its like every suburb has its own bar and restaurant scene.

In terms of groceries I think there are quite similar prices to here...except meat. I find meat way cheaper, and better, in Australia. There are great farmers markets in Melbourne and you get really great, and fresh fruit, vegies and meat. A great one is the South Melbourne markets.

In regards to salary that obviously depends on how much experience you have. I have years of experience and work in the marketing/advertising industry and I earnt a range of $55,000 - $65,000. I think on this salary you can more than manage. As i mentione i was on a strict saving budget and still ate out, drank lots of wine, did trips back home to brisbane and day trips in and around Melbourne. The biggest thing I cut back on were clothes! Guess thats where all the saving come from.

Hope that helps

p.s when/if you do a trip along The Great Ocean Road make sure you take the road down to the Otway lighthouse. Drive carefully as it is full of Koalas!!! Seeing them in the wild is so much better than a Zoo.
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Old 14.11.2011, 15:07
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

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We lived in a 2 bedroom, 2 bathroom apartment for $500 a month and then it went up to $550 in the second year. .
....... a week?



The rest of your post was excellent
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Old 14.11.2011, 21:17
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Re: Dear Aussies, I need your help ( Cost of Living in Melbourne )

thanks for the tips! I must say I'm relieved
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