Hi guys , just wondering what age did you all move out of home? Im going on 20 years old in July and my gf and i are tossing up whether we should move out of home at the end of the year / early next year as we both have stable good paying jobs and i have already saved alot of dosh which all helps in the end. I dont want to be 25 or older and still living at home.... Thinking of going down the rent path as i believe thats all we'll able to afford unless we get better jobs I realise the car mods must stop as there will be alot more things to pay for and money will only be spent on stuff we actually need, not want Can any of you shed some light on your moving out experiences? What to watch/look out for? Advice? etc? Discuss.... Cheers
I moved out last year, was only just 18 at the time. Had Uni but struggled with rent (Only $70 a month) Currently deferred from Uni and working full-time, saving up to go back. I only rent a room but yeah, it's good in most ways as long as you can afford it. I'm not too sure on how much electricity and stuff will be.. IInet is pretty good for an ISP hah
Moved out just over a year ago when I was 19. I like it, gotta wait till year till I can starts car mods haha. Not sure on electrify bills and ****, my girlfriend just says this is how much I need and I give it to her lol.
I moved out at 19, missus was 26, we've rented 3 houses and moved to the inlaws once. Unless you know someone willing to let you take over they're lease, (we were lucky that way) it can be hard getting a rental to start with without prior references, because of a rental shortage. Do your research on what you want, cos you'll pay more for things you don't want or need. When you get a property, before you move in, do a condition report, check the house, take photos of any and all defects as the real estate may have missed something and may want to pin the blame on you. Also any damage done during moving in could be passed off in this too. Make sure you've read and understand the contract, ask questions if need be, there is usually a clause that states if you terminate the lease early your up for rent and advertising cost until someone else moves in. They can, and most likely will bump up the rent every 6 months, but from memory, need to notify you within 2 months. Also they need to notify you in advance for any inspections, and they CAN walk through without you being there. And usually they state you can't do any maintenance on vehicles on the property. You need to notify them if you want to do anything to the house. (garden, fencing, even picture hooks.) and then have permission to do so. Best part is, anything happens or breaks, it's on the owners expense. (hot water service, heating, cooling) And finally, if something needs to be done, keep on they're backs about it, because it'll take forever. Any more questions, just ask, willing to help as much as I can.
Work out a list of rent prices in your area against your current income. Ask your parents what sort of dosh there paying for electricity etc to give you some sort of an idea. As bad as it sounds also see if you can afford it by yourself in case something goes pear shaped.
Also, the average price I'm paying in bills is as follows Elec: $250-300 quarterly Gas: $70-90 every 2 months Water: $60-80 every 2 months Phone: $30 line rental monthly, plus calls. Rent: about $1050 monthly But I've got cheap rent. $250 weekly for a 4 bed home, double garage with ducted heating and split system cooling and established garden. Brand new house.
i wouldnt want to ever move out till i can afford a house (im thinking 25-30) . im cruising at home its easy as... washing,food,warm bed, no bills but yeh. If you really wanna move out then make sure u can afford it and do ur research.
thanks for the responses guys, especially kingswood country! Thats awesome advice mate Kinda thought this thread wouldnt take off , but glad it has Keep the replies coming , id like to hear what you all have to say
I live in emerald QLD with my girlfriend and we have 2 house mates, why? Because for a 4 bedroom, double carport and ok sized yard, in flood zone. We pay $650 a week. Others we looked at we're not nice at all, and didn't want another unit.
No worries mate, always glad to help. Put it this way. We run one car between us, have two, but the old girl drinks fuel like it's going out of fashion. So it stays home mostly. Together we make about $850 weekly and we get by ok, not Rich, but comfortable. We can afford up to about $300 weekly for rent but choose not to. Some weeks you've really got to prioritize things and leave things for another day. And other weeks you'll splurge a bit. But there is nothing quite like being out on your own paying your own way.
And another quick one, if at the end of your lease, they're willing to keep you there, but they put the rent up and you can't afford it, mention that it's too much and you must leave, because some times, they'll keep you there on the same price. Because its more expensive to re advertise and get someone else with the loss of a couple of weeks rent than it is to leave the price of rent alone.
I lived at home till I was 25 1/2. I saved enough money to buy a unit with my missus and 18 months later we bought a house and kept the unit as an investment. I've never rented and wouldn't want to cos I don't like the idea of paying off someone's house.
Moved out at 19 but lived away for work so everything was payed for. Have moved back home now at 21 for a few months while my house is built. I priced a few rentals here in Sydney and I can't stand most peoples bad habits so decided to bite the bullet and build. Not sure about your area but a half ok place in my area was going to cost me $400 a week rent. I instead got a mortgage on a brand new 3 bed house Double garage, a/c , timber floors etc etc... is a bit over $500 a week so for me was a no brainer. If you can afford to pay rent put that money in the bank and $300 a week is nearly 16k in a year. So in a little over a year you've got a house deposit. Goodluck with whatever choice you make and enjoy it. Cheers Luke
Before you actually move into a place, try & suss out what the neighbours are like, cause if they're from hell, you'll be stuck with them till your lease runs out or one of you moves!
Dont follow my route, it's terrible, moved out at 16, left school, backpacked/hitch-hiked up the coast from vic to far north qld, taking work anywhere I could get it, preferably cash. Truckies used to give me lifts more than anyone. I remember one truckie who let me drive through central nsw at 17yo while he slept in the bunk. Like it at the time, but it was pretty irresponsible. Anyway, just kept banking money and moving on to the next job. Stopped to surf occasionally but that was it. 3 years later moved back to the home town to finally reunite with the family. To my surprise I had saved enough for a house deposit. Within a week I was employed full time. 6 months later brought a 4 bedroom weatherboard house, still own it, but it's a rental now. 12 years on, I'm pretty sure there's no way kids could do that **** now.
Renting is dead money. As Troy said, you are just paying off someone else's house. My advice is to stay at home until you can afford your own place. Don't forget food, petrol, going out, random spendings. List goes on. Obviously all that is the same if you were renting or buying. But at least you are paying off your own house.
If you can buy do it, I just can't afford too, but yes, I only outline basics, I don't often go out, fuel can be anywhere between $80-$180 weekly, food maybe $250 fortnightly, I've 3 mouths to feed, and 4 animal too. And I don't have random spendings. I've got to work to a budget.
Started saving hard at 17, at 19 got married and bought our first home. 2 years later bought a block of land as an investment and later built on that with heaps of equity from the first home. Only way to go is save and get your own place straight up. If you both earn good money then start saving as much as you can each week. For instance if you both put $300 per week into a savings account within 2 years you have approx $60K as a deposit on your own place. At 19 you are still a baby in reality. Another two years at home with serious savings and you will be set up for life.
I gotta get the #### outta the oldies place, they are an ultimate pain in the ass! Cheap or not, I'd blow my brains out before living with them until the age of 21