Cost of living figures - Page 62

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Australasia & the Pacific Islands > Australia Expat Forum for Expats Living in Australia > Life in Australia

Life in Australia This new forum is for those generalized discussions about what it's like to actually live and work in Australia. Please post visa-processing, employment and travel-related questions in the main forum - but here you can meet fellow expats and discuss various aspects of your new life in Australia.

Like Tree585Likes

Cost of living figures - Page 62


Reply
 
Subscribe to this Thread Thread Tools
  #611 (permalink)  
Old 17th May 2012, 08:47 AM
Member
 
Join Date: Aug 2008
Location: Hawkes Bay
Posts: 888
Rep Power: 250
anski is on a distinguished road
99 likes received
111 likes given

Users Flag! Originally from southafrica. Users Flag! Expat in australia.
Default

Quote:
Originally Posted by Jetasha View Post
I would also like to know?
If you rent you are up for power bills & water bills.

If you buy in addition to the above you are up for Council rates based on the value of your property,which usually cover garbage collection. However if you live in a rural area sometimes you are on tank water :ie water collected from rain via tanks, & you have to buy water if you run out. Also you need to pay & sometimes take your garbage to the nearest tip.

Also when buying a house or car you pay Stamp Duty which varies from State to State , we do not pay for this in New Zealand.


Last edited by anski; 17th May 2012 at 08:49 AM.
Reply With Quote Quick reply to this message
  #612 (permalink)  
Old 17th May 2012, 08:52 AM
Member
 
Join Date: May 2009
Location: Biarritz France
Posts: 91
Rep Power: 0
LegalOz is on a distinguished road
13 likes received
6 likes given

Users Flag! Originally from canada. Users Flag! Expat in france.
Default

Ummm... not so fast. There are huge taxes associated with purchasing property, namely stamp duty based on the value of the property (graded scale based on value and depending on state you purchase-1% and upward) plus other property taxes associated with ownership but state dependant.

Main large cost is Stamp Duty on transfer and purchaser pays this.

Reply With Quote Quick reply to this message
  #613 (permalink)  
Old 17th May 2012, 10:17 AM
Member
 
Join Date: Apr 2012
Location: China
Posts: 147
Rep Power: 0
mysbm70 is on a distinguished road
18 likes received
1 likes given

Users Flag! Originally from malaysia. Users Flag! Expat in australia.
Default

Quote:
Originally Posted by LegalOz
Ummm... not so fast. There are huge taxes associated with purchasing property, namely stamp duty based on the value of the property (graded scale based on value and depending on state you purchase-1% and upward) plus other property taxes associated with ownership but state dependant.

Main large cost is Stamp Duty on transfer and purchaser pays this.
I belief that what you are talking about is stamp duty fee on property transaction, and this is a one time payment. What I need to know is is there a property tax which to be paid yearly just like in US, you need to pay around 2 - 3% of your property value per year.

__________________
IELTS:O7.5 | EA+ve:14/05/12 | VIC SS +ve: 23/05/12 | EOI: 06/07/12 | DIAC Invitation: 09/08/12 | SC 190 Lodged:06/09/12 | PCC 21/09/12 | Med 16/09/12 | Grant : 06/02/13
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #614 (permalink)  
Old 17th May 2012, 10:32 AM
Member
 
Join Date: May 2009
Location: Biarritz France
Posts: 91
Rep Power: 0
LegalOz is on a distinguished road
13 likes received
6 likes given

Users Flag! Originally from canada. Users Flag! Expat in france.
Default

of course there is! we have taxes in Australia higher than most countries in the world! just check the internet! You may think we are buffered by the Economic crisis but it is more expensive than all the cities i live in over the rest of the year (europe, US and here!)

here is your indicative:
http://www.osr.nsw.gov.au/lib/doc/fa..._lt01_curr.pdf

and before you arrive-you should check out cost of living-it is higher than most other cities and countries in the world. Electricity just went up and food is massively more than US and Europe.

Just trying to ensure you match expectations before arriving.

Reply With Quote Quick reply to this message
  #615 (permalink)  
Old 17th May 2012, 10:52 AM
Member
 
Join Date: Apr 2012
Location: China
Posts: 147
Rep Power: 0
mysbm70 is on a distinguished road
18 likes received
1 likes given

Users Flag! Originally from malaysia. Users Flag! Expat in australia.
Default

Quote:
Originally Posted by LegalOz
of course there is! we have taxes in Australia higher than most countries in the world! just check the internet! You may think we are buffered by the Economic crisis but it is more expensive than all the cities i live in over the rest of the year (europe, US and here!)

here is your indicative:
http://www.osr.nsw.gov.au/lib/doc/fa..._lt01_curr.pdf

and before you arrive-you should check out cost of living-it is higher than most other cities and countries in the world. Electricity just went up and food is massively more than US and Europe.

Just trying to ensure you match expectations before arriving.
I've quickly glance thru the website, it's clearly state that if the land is for your principal place of residence, you needn't to pay land tax.

__________________
IELTS:O7.5 | EA+ve:14/05/12 | VIC SS +ve: 23/05/12 | EOI: 06/07/12 | DIAC Invitation: 09/08/12 | SC 190 Lodged:06/09/12 | PCC 21/09/12 | Med 16/09/12 | Grant : 06/02/13
Reply With Quote Quick reply to this message
  #616 (permalink)  
Old 17th May 2012, 10:54 AM
Member
 
Join Date: May 2009
Location: Biarritz France
Posts: 91
Rep Power: 0
LegalOz is on a distinguished road
13 likes received
6 likes given

Users Flag! Originally from canada. Users Flag! Expat in france.
Default

agree but this is NSW only. depends on where you choose to live-not the same in every state; You need to ensure you check this.

Reply With Quote Quick reply to this message
  #617 (permalink)  
Old 17th May 2012, 11:18 AM
Member
 
Join Date: Aug 2008
Location: Hawkes Bay
Posts: 888
Rep Power: 250
anski is on a distinguished road
99 likes received
111 likes given

Users Flag! Originally from southafrica. Users Flag! Expat in australia.
Default

Quote:
Originally Posted by mysbm70 View Post
I belief that what you are talking about is stamp duty fee on property transaction, and this is a one time payment. What I need to know is is there a property tax which to be paid yearly just like in US, you need to pay around 2 - 3% of your property value per year.
Yes there is. You pay annual Council rates, If you own a property ie: land,house, apartment etc you are charged a yearly amount by the council in the area you live in.

In Australia this is called Council Rates.

This is just an example of one Council's Rates.

http://www.mornpen.vic.gov.au/page/p...age_Id=105&h=0


Last edited by anski; 17th May 2012 at 11:21 AM.
Reply With Quote Quick reply to this message
  #618 (permalink)  
Old 17th May 2012, 11:22 AM
Member
 
Join Date: May 2009
Location: Biarritz France
Posts: 91
Rep Power: 0
LegalOz is on a distinguished road
13 likes received
6 likes given

Users Flag! Originally from canada. Users Flag! Expat in france.
Default

and, depending on where you live, there may be strata fees for example, when you live in an apartment or townhouses.....

Reply With Quote Quick reply to this message
  #619 (permalink)  
Old 17th May 2012, 11:35 AM
Member
 
Join Date: Aug 2008
Location: Hawkes Bay
Posts: 888
Rep Power: 250
anski is on a distinguished road
99 likes received
111 likes given

Users Flag! Originally from southafrica. Users Flag! Expat in australia.
Default

Quote:
Originally Posted by LegalOz View Post
and, depending on where you live, there may be strata fees for example, when you live in an apartment or townhouses.....
Oh yes I forgot about those. we lived at a very upmarket apartment block on the Gold Coast (Queensland) & our Body Corp was $8,500 for the 1998 year.

However the following year all (100) apartment owners were levied an extortionate amount when

1) the Body Corp decided to sue another apartment owner for making unapproved architectural changes to the exterior of his 2 storey sub penthouse

2) The Body Corp appointed a company to make the entire public area of the property Year 2000 compliant, the bill for this was $250,000 the building had 4 lifts 5 swimming pools etc!! I think the lifts would have continued working even if we had not fallen prey to this scaremongering.

Thank goodness we sold.

Reply With Quote Quick reply to this message
  #620 (permalink)  
Old 17th May 2012, 11:47 AM
Member
 
Join Date: Apr 2012
Location: China
Posts: 147
Rep Power: 0
mysbm70 is on a distinguished road
18 likes received
1 likes given

Users Flag! Originally from malaysia. Users Flag! Expat in australia.
Default

Quote:
Originally Posted by anski

Yes there is. You pay annual Council rates, If you own a property ie: land,house, apartment etc you are charged a yearly amount by the council in the area you live in.

In Australia this is called Council Rates.

This is just an example of one Council's Rates.

http://www.mornpen.vic.gov.au/page/p...age_Id=105&h=0
Anski & LegalOz, thanks for your info!

__________________
IELTS:O7.5 | EA+ve:14/05/12 | VIC SS +ve: 23/05/12 | EOI: 06/07/12 | DIAC Invitation: 09/08/12 | SC 190 Lodged:06/09/12 | PCC 21/09/12 | Med 16/09/12 | Grant : 06/02/13
Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
LifeStyle and Cost Figures at Next Step Australia F1-CUF Australia Expat Forum for Expats Living in Australia 5 25th September 2011 07:22 PM
Cost of living crazyboy Canada Expat Forum for Expats Living in Canada 13 9th September 2010 04:35 PM
retiring in Mazatlan it's cost of living & house rental cost. oakisland Mexico Expat Forum for Expats Living in Mexico 8 5th September 2010 09:52 PM
Cost Of Living in the US? Rocom USA Expat Forum for Expats Living in the USA 12 2nd July 2008 02:05 PM

FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 12:07 PM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.