I own my own home so no rent or mortgage, however 3 bed 2 bath + studio terraces rent for $750 per week in my street. The house two doors down from mine sold for $1.3 million in November 2008.

Utilities (electricity) $300 per quarter (averaged over year)

Council Rates $230 per quarter

Water Rates $120 per quarter

Food $100 - $120 per week (1 adult, 2 dogs, 2 cats)

Petrol under $1.00 per litre (January 2009)

Health insurance $900 per annum

House + Contents + Car Insurance is approximately $4,000 per annum

Entertainment $60 per week

Car purchased new 2005 top of the range Mazda 3 SP23 $37,000