If you are thinking about moving to Australia, one of the first questions is: how much money do I need in my account before I arrive? The answer depends on the city, the type of accommodation, and your lifestyle — but let's make this simple and concrete.

Why do city and room type matter so much?

The biggest difference between cities is rent, which makes up 40–50% of the monthly budget. But within each city, the type of accommodation also makes an enormous difference — a shared room can cost half as much as a private room. Choosing well can mean A$400–1,000 more in your pocket every month.

Types of accommodation available

TypeWhat it isBest for
Shared roomYou share the bedroom with another person — each pays halfThose who want to save as much as possible on arrival
Private room (shared house)Your own room in a house with other people. Shared kitchen and bathroom.The most common option for immigrants — a balance between cost and privacy
StudioYour own self-contained compact apartment — bedroom, living area, and kitchen combinedThose who prefer full privacy and have an established income
1-bedroom apartmentFull apartment, alone or with a partnerThose already settled or arriving as a couple

Furnished or unfurnished?

Shared houses almost always come furnished: a bed, wardrobe, table, and common areas with a sofa, fridge, and utensils. You arrive with your luggage and you are ready to go.

Studios or apartments rented through agencies may be delivered completely empty (unfurnished). Always check before signing. If it is unfurnished, factor in the cost of fitting it out (A$2,000–5,000+) or look for second-hand items on Facebook Marketplace and Gumtree.

Weekly rent by city and accommodation type

In Australia, rent is quoted per week. Use ×4.33 to convert to monthly.

Accommodation typeSydneyMelbourneBrisbaneAdelaideGold Coast
Shared roomA$190–280/weekA$160–240/weekA$140–210/weekA$120–190/weekA$140–220/week
Private room (shared house)A$280–420/weekA$230–360/weekA$200–310/weekA$170–270/weekA$190–300/week
StudioA$420–600/weekA$360–520/weekA$310–450/weekA$260–380/weekA$290–420/week
1-bedroom apartmentA$560–800/weekA$460–680/weekA$400–600/weekA$330–500/weekA$380–560/week

Sources: Flatmates.com.au · Domain.com.au · realestate.com.au — March 2026

Where to find available rooms

  • Flatmates.com.au — Australia's largest platform for shared accommodation
  • Immigrant community groups on Facebook ("Immigrants in Sydney/Melbourne/Brisbane") — many people post rooms and lease transfers
  • Gumtree.com.au — classifieds with cheaper and short-term options
  • Renting directly from the owner (without an agency) — common and completely legal, with more flexible conditions

Full monthly cost of living — beyond rent

Figures for someone living in a private room in a shared house — the most common setup for immigrants:

CategorySydneyMelbourneBrisbaneAdelaideGold Coast
Rent (private room)A$1,210–1,820A$1,000–1,560A$870–1,340A$740–1,170A$820–1,300
Food (cooking at home)A$320–500A$320–500A$320–500A$320–500A$320–500
Public transportA$180–220A$100–150A$120–160A$80–120A$100–150
Mobile phoneA$30–50A$30–50A$30–50A$30–50A$30–50
Leisure / going outA$120–250A$120–250A$120–250A$120–250A$120–250
Contingencies / otherA$100–200A$100–200A$100–200A$100–200A$100–200
Estimated total/monthA$2,000–3,000A$1,700–2,700A$1,550–2,400A$1,400–2,200A$1,520–2,450

Sources: Flatmates.com.au · ABS · MoneySmart ASIC

CityMinimum reserveComfortable reserve
SydneyA$8,000–10,000A$15,000–20,000
MelbourneA$6,500–8,500A$12,000–16,000
BrisbaneA$5,500–7,500A$10,000–14,000
AdelaideA$5,000–7,000A$9,000–13,000
Gold CoastA$5,500–7,500A$10,000–14,000

Arrival costs — what many people forget

Bond (rental deposit)

The bond is a security deposit paid when you start renting and returned when you leave (if there is no damage). The legal standard is 4 weeks' rent. But there is an important distinction:

Informal shared house (directly with a housemate or owner)

The bond is not officially registered — it is an informal arrangement. In practice, many charge only 2 weeks. Because it is informal, it relies on trust between the parties. Always ask for a written receipt with the amount, date, and return conditions.

Renting through an agency (real estate)

The bond is officially registered with the state government body (Fair Trading in NSW, RTBA in VIC, RTA in QLD). This protects you legally. The standard is 4 weeks and registration is mandatory within 10 business days of receipt.

Arrival costs checklist

CostEstimated amountNotes
Bond2–4 weeks' rent2 weeks common in informal shared houses; 4 weeks in formal contracts
1st month in advanceEquivalent to monthly rentMay be required — have it available as a reserve
SIM card + phone planA$30–80Optus, Vodafone, Telstra — buy at the airport or shortly after
Transport cardA$10–20 + creditOpal (NSW), Myki (VIC), or Go Card (QLD)
Basic household itemsA$200–500Bedding, utensils — Facebook Marketplace has great options
Airport transportA$15–60Train is cheaper than a taxi in most cities

Exchange rates vary

Use an online converter like Wise to check the current AUD rate in your currency before transferring. Wise and similar services offer much better rates than traditional banks.

Profile of each city

SydneyLargest job market and highest salaries, but also the highest cost of living. Ideal for finance, technology, medicine, and law.
MelbourneWidely considered the most liveable city. Good job opportunities, lower cost than Sydney, strong cultural scene. Great for technology, education, arts, and hospitality.
BrisbaneRapid growth ahead of the 2032 Olympic Games. Excellent climate, lower cost, growing opportunities in construction, technology, and healthcare.
AdelaideThe most affordable of the five cities. Significantly lower cost of living, smaller market but with opportunities in healthcare, agriculture, and defence. Great for building savings quickly.
Gold CoastBetween Brisbane and Sydney in cost. Strong in tourism, hospitality, and construction. Popular with immigrants for its excellent climate and large international community.

Practical tip before choosing a city

Search for rooms currently available on Flatmates.com.au and check the real prices for the area you are considering. The figures in these tables are estimates — the property market changes constantly.