The real costs nobody puts in the brochure
Moving out is great. It's also expensive in ways that surprise almost everyone the first time.
The biggest mistake: people budget for rent, but forget about everything else.
You'll need this ready before you get the keys. Most people don't realise how much this is.
These are things you currently don't pay for at home but will have to cover yourself:
Add these on top of your rent. That's your real monthly cost of living.
A general guide: rent shouldn't be more than 30% of your take-home pay. If you earn $800/week, try to keep rent under $240/week.
In many Australian cities (especially Sydney and Melbourne), this is hard. That's why sharehouse arrangements exist.
Check if you can afford a specific rent →💡 Sharehouse = smartest first move. Splitting a 3-bedroom with 2 others can cut your rent and utilities by 50–60%. You still get independence, but with a financial safety net. Most people in their early 20s start this way.
What happens if you need to leave early? What's the break-lease cost?
Document EVERYTHING with photos. This protects your bond when you leave.
Each state has tenancy laws. Check your state's tenancy authority website.
Usually 14–30 days depending on your lease type.
Is internet included? What appliances are provided?
In most Australian states, you need to be 18 to sign a lease in your own name. Options if you're younger:
• Guardian co-signs — a parent or adult signs with you
• Boarding arrangement — some landlords rent rooms informally, no lease
• Youth housing services — if you're in a difficult home situation, contact your state's youth housing agency
⚠️ Tenancy laws, bond requirements, and costs vary by state and territory. This is general information only. Always check the relevant state tenancy authority for your rights and obligations. Costs shown are estimates and will vary based on location and circumstances.