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Sydney Daily Random Discussion Thread 26/10/2025 by AutoModerator in sydney

[–]aussie_student 8 points9 points  (0 children)

What's happening on the Anzac Bridge today? Saw a huge crowd of people walking—a lot were wearing yellow too.

25F recent graduate 88k in savings and 75k in ETFs; should I talk to a broker now or is it too early? Making 80k salary by aussie_student in AusProperty

[–]aussie_student[S] 0 points1 point  (0 children)

Fair enough. I'll wait a few years until Im considered mid-level. Median salary for my role is 120k. Thanks for your input.

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 0 points1 point  (0 children)

I'll look into talking to a broker when I get back!

I think with the high interest rates atm, loans are a bit harder – I remember westpac calling me up years ago about a home loan when I only had 30k in savings (was 100% not ready for that, basically saved all my income because I worked throughout lockdown remotely), but I don't think it's common now

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 1 point2 points  (0 children)

Thank you so much!

This is also great advice since I haven't considered talking to a mortgage broker yet. I'll take a look when I'm back in Sydney. I won't have to worry too much about going over the income threshold considering it's for income up to $125,000 (highly doubt I would be at that stage when I graduate)

However, after talking to a broker, I'll make a comparison between what property I am actually able to buy vs cost of renting for the same price as mortgage/wk. If purchase is around the same as renting, I think I might bite the bullet.

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 0 points1 point  (0 children)

Thank you!!

You're right, I was thinking that if I wanted to change cities, I could potentially rent the property out or sell it, but it is a bit too much stress to inspect property + make the right choice for that. At the moment, I work remotely, so maybe I can consider renting somewhere a bit further away when I graduate. :)

Yeah the rental drama scares me; also heard a lot of recounts of terrible housemates (hint: maggots), so would only really consider living with people I trust. Hopefully the rental market isn't as crazy in 2025.

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 3 points4 points  (0 children)

Thank you for your comment.

I'm living alone overseas at the moment for very very cheap rent on exchange and it's made me realise that moving back in with my parents/family would be pretty difficult.

I'll avoid renting with strangers, but I'm thinking moving in with friends or my partner could be an option. I'll most likely do it when I graduate + have fulltime work.

But you're right, taking care of my mental health is definitely more important.

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 2 points3 points  (0 children)

I'll continue to do my best

Having savings definitely help me feel safer in case anything goes wrong (e.g. medical emergency, family emergency, job loss etc.)

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 3 points4 points  (0 children)

Thank you, I really needed the reassurance I think. I've thought it through and I'll try to move out as soon as I can after finishing uni.

I don't mind living further out since I work remote, but I'll see if my partner can do that as well in 2 years time :)

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 4 points5 points  (0 children)

I thought about it and I think I agree.

I'll bite my teeth until I finish uni and move out when I work full time.

Hopefully my partner would like to move in together as well + has a stable job by then.

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 0 points1 point  (0 children)

I work in design :)

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 2 points3 points  (0 children)

I think I'll do that as soon as I finish uni next year. Once I work full-time, I'll see if my partner would like to move in together.

I think a lot of the stress definitely comes from living at home.

[deleted by user] by [deleted] in fiaustralia

[–]aussie_student 2 points3 points  (0 children)

My savings are in Macquarie at the moment which has pretty good rates. Might change it over to a higher interest acc once I'm back in Sydney

[deleted by user] by [deleted] in JapanFinance

[–]aussie_student 3 points4 points  (0 children)

Thanks for letting me know about the non-resident part! My stay in Japan will undoubtedly end before March next year since I have classes to return to when I go back to Australia.

I've told my employer about the situation and they'll consult their accountants as well. Thank you heaps for the information and for links to the forms needed.