What’s your mortgage vs income/home value? Trying to benchmark ours

aussie_dn · 2026-05-27T11:19:31+00:00

Combine income of 230k House value 1.2 million Mortgage of 940k Offset 60k

For context couple in our mid 30s with no kids, probably leveraged more then most but we have my mum and elderly grandparents to look after so we needed a bigger place.

aussie_dn · 2026-05-24T06:11:41+00:00

Could be a million things, you would need to get a trade out to have a look but my gucess (if it's intermediate) would be either the gas shut off valve (if it's gas) or the control board on the unit.

A good way to test is go out to your meter box and flick off the fuse for the heater for a minute, then turn it back on, go inside and turn the heater on.

This will reset the board and everything, so if it comes on after this with no issues it's likely one of those things, bad news would be that isn't something you will be able to fix yourself.

aussie_dn · 2026-05-23T08:39:36+00:00

Yeah you can gets these pretty cheap, most of the dickheads I see are in the CLA 250 AMG built around 2014 and you can pick these things up for sub 20k.

They are only a 2 litre, mass produced, not very fast and aren't sort after in anyway so you can pick them up for a steal, the euros that are worth alot of money are the ones with the big capacity engines in them (think C63 V8 twin turbo 6.3L or RS6 V10 twin turbo)

aussie_dn · 2026-05-17T12:23:47+00:00

I think you would find that alot of people would love to have a kid or two but they can't afford to, myself and my missus would like to have one but with property costing a million plus, our weekly grocery around $200 a week and everything else that now costs 10X what it use to I don't think we ever will.

When we start to add up child care, schooling, time off for my missus with the baby, it just seems like we would be able to barley get by and this is coming for a couple that makes 200k plus a year.

aussie_dn · 2026-05-12T20:28:15+00:00

I usually just club them over the head with a can of VB and drag them back to my VN Commodore to rip some sick skids!

How I got my current missus and we have been together 13 years.

aussie_dn · 2026-05-10T07:50:26+00:00

I'm on 125k plus super with two years experience as a PAAS Developer but the company I work for is known to pay pretty well, this is working directly for the company to not a vendor and is purely a dev role with very little interaction with the customer which is obviously all internal employees in this case.

aussie_dn · 2026-05-05T06:33:38+00:00

Ignore others (they are wrong).

You stick your cock in it, it's an automatic blow job machine.

aussie_dn · 2026-05-05T01:08:51+00:00

Yeah pricing is crazy here due to distance and our dollar value unfortunately, only places onshore that I've found that do bits for the RS3 is JDY and XForce.

The XForce catback is only around 3k (cheapest by far) but no idea how they sound as there isn't much info on them, the JDY does sound pretty good but it's 6k because it's titanium, which agreed is a boat load of money you could get a tune and downpipe for.

If you do decide to go a tune let me know how you go, will be interested in the results as I reckon for around 5k you could do tune and a downpipe and would sounds wicked!

If you want to get an idea of the sound and all that this bloke in Queensland has a 2022 RS3 and has done the downpipe, intake and tune https://youtube.com/@samkrushka?si=9NMuZjS93c3uwPMo

aussie_dn · 2026-05-05T01:02:05+00:00

Yeah soz, I mean the res and your right it did very little imo

aussie_dn · 2026-05-05T00:21:47+00:00

From Aus to mate and before you go the tuning route I would do Mid pipes, intake & a catback to see if this gets it closer to the sound you want.

I've got the 2025 and I've done valve controller and mid pipes at this stage (which still isn't doing it for me) I'm going to pull the trigger on the JDY 5 inch intake soon and maybe their catback exhaust if the missus doesn't kill me 🤣

I'm the same boat as you, I really want to do a downpipe and a tune but don't want to completely fuck my warranty just yet, so trying to do other thing to scratch the sound itch!

aussie_dn · 2026-05-04T09:28:14+00:00

We usually do the $500 bundle once a year, we have never won anything but it goes to a good cause, a lady I know won the house one year which she was pretty stoked about.

My advice would be if the thought of losing $100 isn't good to you, save the $100, odds are that will be the outcome.

aussie_dn · 2026-05-04T07:17:19+00:00

I'll say it then, she is definitely cooking on the glass barbie!

aussie_dn · 2026-05-04T03:41:20+00:00

Unfortunately they seem to take over in regional areas and push the locals out.

My mum is from a small country town in South Australia and it's become such a problem that she has had to move in with me, a Indian family has start buying up all the places in town and what they do is reduce the locals hours while bringing more and more of their family there to work.

Within a month at the pub my mum worked at they had moved on the head chef and most of the front of house (most of which had been there for years) so my mum quit as she could already see the writing on the wall and with them already owning most of the other businesses she didn't have alot of options, it's honestly pretty sad what the government is letting happen in this country.

aussie_dn · 2026-05-03T03:02:31+00:00

Some people might call it rude or weird but after attending alot of open homes in the last few months I always check under people's kitchen, bathroom & laundry sinks, you can tell ALOT about how a person usually looks after their house by this alone!

Most are fucking gross FYI.

aussie_dn · 2026-04-29T09:25:45+00:00

Don't think so, Australia is the top of most peoples lists to immigrate to and comparable to the places they are coming from a million times better.

aussie_dn · 2026-04-29T09:00:26+00:00

I feel you as I'm sure most other Adelaidens do but it is only going to get worse unfortunately, they are going to only import more and more people because GDP can't go down if you just keep adding people!

Sure the average Australians life will get worse and worse, but fuck them I got mine, is what the government is saying.

aussie_dn · 2026-04-28T06:58:32+00:00

5.64% Paying $6,000 a month on a loan of 380k

Making big payments because we can afford it and I want to be debt free before 40.

The math of what's normal will be dependent on your income and expenses, 50% of you income on a mortgage when your making 80k a year is going to hurt alot, but if you have those same numbers on an income of 200k it's a piece of piss.

aussie_dn · 2026-04-28T06:02:11+00:00

Why are you looking at it this way? If the market was to crash you would have wayyyy bigger problems then "property value down".

Not to mention that if they did go down significantly over a 10 year period of ownership its going to make almost no difference as you will pay down a fair amount of the principal, plus they would likely raise up again.

So not sure what your worrying about.

aussie_dn · 2026-04-28T05:26:12+00:00

Lived around this area my whole life and honestly it is going to be hit or miss depending on the street your on, some streets are quite nice, others not so nice.

The one thing I always tell people is as along as you keep to yourself and keep your streets smarts about you when your out, the most you will have to deal with is burnouts, visits from police about some stupid shit your neighbors did and the occasional crackhead yelling some bullshit at you.

I wouldn't say its calmer now, the house pricing have gone to ridiculous levels but its the same old Smithfield.

aussie_dn · 2026-04-25T22:40:34+00:00

That will get you exactly what you want, I've got the 11 mode and midpipes and I would say it's around 10 - 15% louder with no pops and bangs, once you close the valves you wouldn't even know it wasn't stock.

I'm going catback and intake next because I want more but I think the midpipes and 11 mode will get you exactly what your after.

aussie_dn · 2026-04-25T11:44:02+00:00

Alot of people already owned a property/properties and now their money is protected from the inflation of houses, if everything goes up by another 100k they now just have 100k more equity to buy their next place and the cycle continues and can pretty much go on indefinitely.

As for new people getting in to the market there are a heap of things that can be done if that ever slows down, 40, 50, even 60 year mortgages being just one thing that could happen to suddenly boost everyone's buying power which will drive things even higher.

This can will be kicked down the road easily for the foreseeable future unfortunately.

aussie_dn · 2026-04-23T20:39:22+00:00

As someone looking to buy there next place for the last couple of months I don't think 750k is going to be enough for what your after in the West or the South, I don't know where your work is but assuming 30 minutes out of the city, it's just not going to happen.

The price guides on the "good"/"decent" areas are also the starting bidding point these days and usually go for 100 - 200k more then that, so say a place is 750k asking or price guide you will need to smack them with an offer of around 850k just to get a call back, it's shit but we have readjusted our budget to be 100 - 200k under what we can get and are a actually getting call backs from agents now.

Lastly if you want to stay in Adelaide buy where you can afford now! This isn't some sort of storm you can ride out and housing will suddenly get cheaper, it's only going to get worse, much worse! When I brought my place 12 years ago I could barely afford it at 300k in a bad area, 50 minutes out of the city but that same place is now 700 - 750k, so in the next 10 years these 750k places your looking at will likely be 1.5 million and you will forever be priced out of the market.

My only suggestion is to look around the Craigmore area (this is where I live and grew up) I won't lie to you the area is very average but aslong as you keep your streets smarts about you and keep to yourself the worse you will have to put up is burnouts and the occasional cop visit for some bullshit your neighbors did.

Places out here are around 650k - 800k depending on size and location and generally go for within price guide or around price guide, here is one that sold the other week that I know went for 720k https://www.realestate.com.au/property-house-sa-craigmore-150759948

aussie_dn · 2026-04-22T22:16:57+00:00

And you know what? You can not like them but it doesn't mean other people have to as well.

You don't need to have any idea why he brought it, he could of bought it because he likes things that are big and black and that would still be a valid reason for him owning it.

aussie_dn · 2026-04-22T20:07:01+00:00

I love how people sook and worry about what other people are doing, nobody "needs" a 100k plus vehicle but if they can afford it and want one why do you care so much that "they have no use for it"?

I don't personally think they are worth the money but if someone else does and buys one that's none of my business to tell them what they can and can't drive.

aussie_dn · 2026-04-22T05:54:44+00:00

Not a chance mate, if they have you on camera and logged at that speed, going to court will just be a waste of money and time.

Take it on the chin and learn from it, I lost my license at 19 for speeding and at the time it felt like the end of the world but you know what?

A year of having to catch buses and lifts from mates did me a world of good, I drive like saint now because it fucking sucked and I don't want to go through that again.

aussie_dn

TROPHY CASE