Melbourne Property Affordability Calculator – Find Out What You Can Afford in 2025

Planning to buy in Melbourne but unsure what your budget looks like?

Use our 2025 Melbourne Property Affordability Calculator to estimate how much you can spend based on your income, expenses, and deposit. Whether you’re a first-home buyer or upgrading, this tool gives you a fast, personalised estimate in just a few steps.

Melbourne Property Affordability Calculator

We use a simple formula based on your monthly income and expenses to estimate how much you could comfortably borrow over a 30-year loan term. The calculator assumes a common repayment rule: you shouldn’t spend more than 30–35% of your monthly income on mortgage repayments.

The result is an estimated maximum property budget, including your saved deposit.

This is a starting point — you should always speak to a mortgage broker or financial advisor for a tailored assessment.

Want help finding the right property within your budget? Book a consultation with one of our expert buyer’s advocates in Melbourne today.

This calculator is intended as a guide only. It does not constitute financial advice. For a full assessment of your borrowing capacity, please consult a licensed mortgage broker or financial adviser.