This answer depends on where you intend to live, whether you have school kids (public/private school), how many cars you intend to run (1 or 2), so this answer also varies by which city you live in.
i.e. Adelaide is cheaper to live in than Sydney. So 50,000 might be fine in Adelaide and you'd struggle in Sydney on that.
I suggest you read the Sticky posts at the top, they will have links to various websites where you can get costs (i.e. rental costs) and then you will be able to get a better idea.
i.e. Adelaide is cheaper to live in than Sydney. So 50,000 might be fine in Adelaide and you'd struggle in Sydney on that.
I suggest you read the Sticky posts at the top, they will have links to various websites where you can get costs (i.e. rental costs) and then you will be able to get a better idea.