Video· Buying
Income Required to Buy a $650,000 Home in Australia
5 Aug 2026 · 1 min read
Here is what you need to know about the income required to purchase a $650,000 property.
How much do you need to earn to buy a $650,000 home? or a $1m home?
A better question is:
How much can I comfortably afford to repay?
The bank's job is to tell you the maximum they'll lend you.
Your job is to decide what you're comfortable borrowing.
Because just because you can borrow a certain amount doesn't necessarily mean you should.
The goal isn't to borrow the maximum.
The goal is to build a financial future that still lets you enjoy life, build wealth, and become debt-free sooner.
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General information only. This is not personalised advice. Your individual circumstances should be considered before making any financial decisions.
