Year 10 Commerce (10COMM1)

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50-MINUTE FULL LESSON LAB Gross Income: $53,000/yr • After-Tax Net Income: $45,230/yr ($869.81/week)

Move Out & Survive! — Independent Living & Budgeting Simulator

Sign in with your student login on the right, work through all 4 Lesson Phases, and click ☁️ Submit to Teacher / Leaderboard so your results appear live on the class board!

Weekly Net Income
$869.81
Full-Time ($45,230/yr)
Chosen Suburb & Rent
$230/wk
Newcastle (26% of pay)
Weekly Groceries
$115.00/wk
Healthy Meal Prep
Weekly Surplus / Deficit
+$152.81/wk
+$7,946/yr savings
Bank Balance
$2,070
After bond & setup
Credit Score & Health
735 • 85% HP
Good borrowing profile
Syllabus: Arranging Accommodation

Task 1A: Compare Lowest Rentals in 5 NSW Locations

The 30% Affordability Rule states rent should not exceed 30% of net pay ($260.94/wk on $869.81/wk). Toggle between living in a Share House vs Living Alone:

NSW Lease Establishment Costs (Upfront Cash Needed) $1,530 upfront

NSW Tenancy Law Note: A landlord can charge a maximum 4 weeks' rent as Rental Bond (lodged with NSW Fair Trading Rental Bonds Online) and up to 2 weeks' rent in advance.
Complete NSW Rental Comparison Table (For Your Worksheet)
Location Lowest Share Room Lowest Solo 1BR/Studio Upfront 4-Wk Bond 30% Affordability ($261/wk)
Bathurst $175/wk (20%) $320/wk (37%) $700 / $1,280 Share Affordable
Newcastle $230/wk (26%) $430/wk (49%) $920 / $1,720 Share Affordable
Cronulla $290/wk (33%) $520/wk (60%) $1,160 / $2,080 Over 30% (Rental Stress)
North Shore $340/wk (39%) $620/wk (71%) $1,360 / $2,480 High Rental Stress
Bondi $390/wk (45%) $680/wk (78%) $1,560 / $2,720 Severe Rental Stress
Syllabus: Ongoing Variable Costs

Task 1B: 7-Day Meal Plan & Weekly Grocery Basket

Select a meal strategy below OR customise your supermarket basket items to calculate your weekly grocery bill and nutrition score.

Supermarket Basket Breakdown (Coles / Woolworths / Aldi prices) $115.00 / wk

Your 7-Day Weekly Meal Plan

+10 Wellbeing