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Money and Living Expenses

Expenses and costing are the most important aspects of moving. This one factor overrides all other angles of the act. When flying to Australia, students’ needs to stay mindful of the fact that the cost of studying in here will depend on their university, the level of the study they want and the area of studies in Australia. Knowing the average cost of living in Australia is an important part of your financial preparation. The Department of Home Affairs has financial requirements to meet the requirements for a student visa in Australia. See step-by-step application for Visa Subclass 500 and Glossary Check Tool for details on how to provide the required proof of expenses for your accommodation, including travel, tuition and living expenses. For your understanding, here are some of the costs related to the living and studying in Australia (Australian dollars). The costs below are a guide only and do not take into account your budget and spending habits.
As of October 2020, the cost of living for 12 months;

  • For students or wardens - AUD $ 21,041
  • Partners who come with you - AUD $ 7,362
  • For a dependent accompanying you - AUD $ 3,152


    • Hostels and guest houses - $ 90 to $ 150 per week
    • Shared rentals - $ 95 to $ 215 per week
    • Compass - $ 110 to $ 280 per week
    • Home Area - $ 235 to $ 325 per week
    • Rental spaces - $ 185 to $ 440 per week
    • Boarding institutes - $ 11,000 to $ 22,000 per year

Other living expenses

  • Meals and meals - $ 140 to $ 280 per week
  • Utilities - $ 10 to $ 20 per week       
  • Cellular- $ 15 to $ 30 per week
  • Recreational - $ 80 to $ 150 per week

Food is available at local supermarkets and usually requires about 500 - 1,000 AUD per month. Students can save money by shopping at cheap stores, such as Aldi, Coles and Woolworths. The average cost of meals at a cheap restaurant costs 18 AUD, while three meals for two students are 80 AUDs. Students can also choose from various Asian, Greek and Italian restaurants if they enjoy their cuisine specific.

In Australia, for all other living expenses, the cost of housing has a profound effect on foreign students. This is a major cost that varies in different parts of the state and provinces of Australia. Let us now discuss the general cost of housing in the Australian provinces and territories including New South Wales, Queensland, Victoria, Tasmania, South Australia, Western Australia, the Northern Territory, and the Australian Capital Territory. This breakup of housing expenses will help international students to plan their finances according to their preferred location.

1. New South Wales

    • Weekly rental of a shared house or apartment in Sydney is between AUD 200 and AUD 300, and for a single room rental unit is between AUD 400 and AUD 550. As in the New South Wales regional area, weekly rent for one room unit starts from at AUD 250 to 350, and the cost of three bedrooms may be between AUD 300 and AUD 350.

2. Queensland

  • The weekly rental price for a one-room unit in Brisbane, approximately AUD 300 and a three-bedroom apartment, rental costs start from AUD 350 per week. In the Queensland region, unit rental rates vary.
  • In the far north of Queensland, the unit can cost you about AUD 240 per week, and in the Gold Coast area, the unit price starts from AUD 350 per week.

3. Victoria

  • In Melbourne, Australia the cost of living in one bedroom may fall between AUD 300 and AUD 350 in a three-bedroom apartment. While in the Victoria region, the unit costs you between AUD 190 and AUD 270 and a three-bedroom apartment between AUD 250 to 320.

4. Tasmania
  • The price of renting a one-room unit in Hobart, which is about AUD 205 and a three-bedroom apartment, tax can start from AUD 350. Also, you can talk to your provider about other off-campus or on-campus facilities available, and decide the cost.

5. South Australia

  • In Adelaide, the rental price ranges from anywhere between AUD 165 and AUD 440 per week. On the outskirts of South Australia, the cost of renting a three-bedroom apartment is approximately AUD 280 and AUD 330 for the interior.

6. Western Australia

  • In Perth, the weekly rental costs of a one-room unit cost about AUD 300 and AUD 350 in a three-bedroom apartment.

 7. Northern Region

  • In Darwin City, the average cost of renting a unit is AUD 300 and AUD 450 for a three-bedroom apartment.

8. Greater Australia

  • In Canberra, the average rental unit price is around AUD 400, and in an apartment with three bedrooms, the standard cost is AUD 450.

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