How much house can you afford in Australia ? (By Salary | Rent & Buy)

How much house can you afford in Australia ? (By Salary | Rent & Buy)

Are you wondering how much house can you afford in Australia based on your salary, whether you’re looking to rent or buy? In this video, we break down everything you need to know to make informed decisions about your housing options. 🆓Free Downloads: https://beacons.ai/irenezhu Stock valuation Platform I use: 🔎Be a smart Value investor by using Seeking Alpha Premium to get 20% discount with 7-day trial: https://www.sahg6dtr.com/392M6MZ/R74QP/ 🔎 Build a data-driven portfolio for capital appreciation - Alpha Picks by Seeking Alpha - get 10% discount by using this link: https://www.sahg6dtr.com/392M6MZ/J8P3N/ Portfolio Management Platform I use: 📈 Manage your portfolio on Navexa and get 3 months off on your annual subscription (use code IRENE25 upon checkout): https://geni.us/tMIZQ0 Money Smart deals I Use (Australia ONLY) 🔌 Switch to low-cost Electricity - Ovo Energy to get $120 credit to your account over the 12 months: https://ovoenergy.com.au/refer/brenda... 🔥 Switch your electricity & Gas by switching to Globird Energy (get $50 by quoting referral account 30151862) https://quote.globirdenergy.com.au/we... 📱 Join Woolworth Everyday mobile(10% off your grocery shop once a month ) to get $10 WISH eGift card by using the code EBDFD8 https://mobile.everyday.com.au/ 📕 20万本英文原版电子书下载 200,000 English ebooks (10% off by using code 7053): https://ibook.life/7053 🎹 Music I use https://share.epidemicsound.com/2l6vj2 👩‍💻Tubebuddy https://www.tubebuddy.com/irenezhu 🛎️Disclaimer: Some of the links above are affiliate links, where I earn a small commission from your purchases at no additional cost to you. The content of the videos is for educational & entertainment purposes only and merely my opinions. I am not a financial adviser. All investments involve some risk, and there is no guarantee that you will succeed. To make the best financial decisions that suit your own needs, you must conduct your own research and seek the advice of a licensed financial adviser if necessary. Chapters 00:00 Intro 01:42 Renting - median weekly rent in each state 04:06 How much of your income should be spent on rent - 30% rule 05:14 Income required to afford median rent without stress 06:23 Rent 3 households can afford 07:20 Ways to lower rent 07:47 Buying a house/Unit 07:56 28/36 Rule 09:32 How much income do you need to buy a house? 10:16 Gross income to afford a median house in each state 11:00 Gross income to afford a median unit in each state 11:45 What house/unit can the 3 households afford