What Is The Cost Of Living In Brisbane

What Is The Cost Of Living In Brisbane

Jun 16, 2022 Are you moving to the capital city of Queensland? Brisbane is one of the most developed and prominent cities in Australia. Renowned for world heritage rainforests and mesmerising islands, the city allows you to explore the beautiful nature while enjoying exceptional culinary delights and electrifying art and culture scene. Apart from various entertainment hubs and breathtaking views, Brisbane also offers modern-age as well as traditional housing options. From Queenslander homes to high-rise apartments, you can discover all types of homes in the city’s hotspots. If you are looking for the most suitable accommodation in this metropolitan city, do thorough market research. Do not forget to find out the cost of living in Brisbane before making the final decision. You can plan your home relocation when you have an estimated budget in your hand. This will also help you book the best removalists Brisbane for the safe and secure transition of your precious household belongings. So, here is a complete guide to help you know the cost of living, house prices and other important details for a stress-free experience. Let’s Get Started!

What the average cost of living in the capital of Queensland?

The average cost for a family of four is estimated at around $5,164.78 / per month without rent. While a single person estimated monthly costs are around $1,418.42 without rent. However, depending on your living circumstances and day-to-day expenses, this can go above.

How Much Can you Expect to Spend When Living In Brisbane?

Whether you are a first-time home buyer or have years of experience in home relocation, planning is one of the most crucial things to keep you organised. It is good to keep track of your daily expenses or create a rough budget to find out how much you need to spend when living in the capital city of Queensland. Most people want to live in a big city because it offers great amenities but you will fall in love with Brisbane when you explore this diversified and thriving place.

1. Accommodation or House Prices

Buying a new home in metropolitan cities is quite challenging. However, Brisbane is comparatively cheaper than Sydney and Melbourne. House prices have increased by 32.1 per cent in the last 12 months. The median price of a house is around $856,731. If you want to live in a rental property, rental costs will differ according to the location and type of an accommodation. According to the stats, the average rent per week is around $415 for houses and $395 for units. You can look for affordable suburbs in Brisbane where you can buy homes without taking a toll on your pocket.

Springwood

It is a southern suburb of Brisbane located in the Logan area in the southeast. Springwood is a well-established residential and commercial suburb. Buying a unit or renting a property is quite affordable here in this suburb. The median price is $244,704, and monthly rent is estimated at $1,461.

Beenleigh

The median price of a unit is $194,677, and the average rent is $1,204/ per month. The suburb has the best schools, healthcare facilities and entertainment hubs.

Brown Plains

You can relocate to the beautiful suburb of Brisbane. Brown Plains offers the median unit value of $238,273, and the average rent is $1,510 per month. It is one of the best suburbs in Greater Brisbane and is home to beautiful landscapes, lush-green parts, cafes, restaurants and healthcare facilities. You can contact a real estate agent who can help you discover potential properties in your favourite locations within your estimated budget.

2. Transportation Cost

If you have chosen to live in an outer suburb, you will need to look for public transportation options, such as ferries, trains and buses. The cost of driving as well as parking your own vehicle can go up to $150/per week. You can also use TransLink and save money while travelling to your office or college. If you want to live close to the CBD, then transportation won’t be a big issue.

3. Food

According to some stats, an average person can spend around $90 to $135 a week on groceries. This will increase if you are living with your family. If you are going out for lunch or dinner, the basic lunchtime menu in the CBD in Brisbane is AU $21. The combo means in the fast-food restaurant will cost you around $13. Food lovers explore the nook and corner of the city to taste different cuisines and dishes in restaurants, cafes, takeaways, bars, pubs, etc.

4. Utilities

These are the most important factors that need to be considered when calculating the total cost of living. In case you are a student and living in a homestay or hostel, then utility expenses would be your phone and the internet plan. If you live alone, you may have to pay the following expenses:

Electricity connection in a home

An average electricity bill in QLD is $140 to $150/per month which depends on the number of people in the house.

Water and Sewage

The cost should be paid by your landlord if you are in a rental property in Queensland. Pay your water consumption bill on time if you don’t want to face any obstacles at the end of your tenancy. It costs around 0.79 per thousand litters.

Gas

Residential properties in Australia are used for hot water, home heating and cooking. The cost of gas is around $90/ month.

Internet Services

You can estimate it to be around $60 to $80 a month. However, it completely depends on the consumption, especially if you are working from your home. Make sure you consider the cost of home relocation if planning a move. This will help you hire professional removalists Brisbane within your estimated budget.

5. Shopping Expenses

Brisbane is best known for its modern-age shopping malls, fancy boutiques and high-class brands. Depending on your shopping habits, you can calculate the cost you can spend on shopping. If you need a pair of shoes, you will need to spend around $100 to $200 as per the brand. It is good to create a budget if you are moving for the first time. It is good to hire a professional moving company in Brisbane to protect your belongings from getting damaged. Hiring professionals become imperative if you are relocating for a job. They can make your job moving process a success without giving you hint of stress.

How to Cut Down Your Living Expenses?

If you are relocating to Brisbane, you can save money by cutting your living expenses as much as possible:

Transport

You can use a Go Card if you are travelling via trams and ferries to save extra money.

House

Live in a rental property where the monthly rent is within your budget.

Location

Instead of living close to the CBD, you can buy homes in the outer suburbs because they are affordable as well as safe.

Utilities

Do not waste electricity and water. Keep lights off if you are not in use. Turn off the appliances.

Conclusion

Knowing the cost of living in Brisbane can help you plan your budget accordingly. Since you are moving to the capital of Queensland, make sure you do market research and search for the best home in the top-class locality. For a safe and sound moving experience, hire removalists Brisbane at the most reasonable price.