Median income couple in Melbourne

Couple

Assumptions

Average weekly earnings are $2010 a person, meaning the average salary is roughly $104,520. That equates to a combined annual income of about $209,040.

In June, the median unit price in Melbourne was $573,600.

units

Deposit: The couple will need to have saved up a 5 per cent deposit of $28,680
Remaining mortgage: $544,920
Monthly repayment: $3517