question
Q: Im 30 and work in a secure full time permanent role as a HR Manager.
I have $60,000 deposit and have found a place that ticks all my boxes for $520,000
My monthly salary is $5377
Repayments would be $514 a week approx
I have no other depts or loans.
Should I take the plunge and buy or keep saving.
The place is two bedroom, close to a train station 300 metres from the beach in Aspendale Vic.
Are those repayments sustainable for a person on a single income?