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On a $150,000 gross salary with minimal debts and average expenses, your estimated borrowing power is approximately $780,000–$920,000. At this income level, you're well-positioned for properties in most Australian markets.
Use our Borrowing Power Calculator for a personalised estimate based on your income, debts, and expenses.
With borrowing power of ~$850,000 plus a 20% deposit (~$212,500), you could target properties up to ~$1,062,500. This buys a unit in most Sydney suburbs or a house in outer/western Sydney.
On $150,000, you have strong individual borrowing power. Buying alone secures a property and starts building equity. If you later buy with a partner, you can sell, rent out, or convert your first purchase to an investment property.
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