← Career vs cost

ANZSCO 2531$4500/week before tax$234,000/year

General practitioner: salary vs cost of living

Job Outlook publishes a full-time weekly-earnings figure of $4500 for General Practitioners and Resident Medical Officers. After estimated PAYG income tax, the 2% Medicare levy and any HECS-HELP compulsory repayment, take-home pay is approximately $2,586.19 per week.

From gross to take-home

ComponentAnnual AUDWeekly AUD
Gross salary$234,000$4500
Income tax (2024-25 resident scale)-$71,438-$1374
Medicare levy (2%)-$4,680-$90
HECS-HELP compulsory repayment-$23,400-$450
Take-home pay$134,481.88$2,586.19
Without HECS$157,881.88$3,036.19

Sanity check: income tax 71438 AUD plus Medicare and HECS-HELP repayment of $23400 AUD.

Rent as a share of take-home pay

The 30% threshold is the conventional definition of rental stress. Anything below is considered comfortable; anything above squeezes everything else.

CityUnit rent (/wk)% of take-homeHouse rent (/wk)% of take-home
Adelaide$46018%$58022%
Brisbane$58022%$65025%
Canberra$58022%$70027%
Darwin$60023%$70027%
Geelong$46018%$52020%
Gold Coast$62024%$80031%
Hobart$48019%$56022%
Melbourne$58022%$60023%
Newcastle$56022%$64025%
Perth$60023%$67026%
Sydney$72028%$78030%

Weekly earnings figure is sourced from Job Outlook (jobsandskills.gov.au). Tax and Medicare estimates use the 2024-25 ATO resident scale; HECS-HELP repayment uses the 2024-25 ATO Schedule. ExamExplained does not provide financial advice. For tailored advice, see a licensed financial adviser or registered tax agent.