Studying in Australia is an exciting adventure, but let’s be real, it’s not cheap! Between rent, food, transport, and everyday expenses, managing your budget can be stressful.
But here’s the good news: you don’t have to spend a fortune to enjoy student life in Australia. With a few smart strategies, you can save money, avoid unnecessary costs, and make the most of your time without constantly worrying about your bank balance.
Let’s break down the best money-saving tips every international student needs to know!
1. Finding Affordable Accommodation in Australia
One of the biggest expenses for students in Australia is rent, which varies depending on the city and type of housing. Sydney and Melbourne have higher rental costs, while cities like Brisbane, Adelaide, and Perth offer more affordable options.
Types of Student Accommodation:
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Shared housing: The most budget-friendly option, where students share rent and utility costs.
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University accommodations: Convenient but often more expensive than private rentals.
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Homestays: A good choice for cultural immersion, sometimes including meals.
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Hostels: Ideal for new arrivals while looking for long-term housing.
💡 Tip: Use platforms like Flatmates.com.au, Gumtree, and university housing services to find affordable shared rentals.
Find more information about Accommodation in Australia.
2. Budgeting for Food & Groceries
Eating out regularly can be costly, so grocery shopping and cooking at home will help you save significantly. Supermarkets like ALDI, Woolworths, and Coles offer discounts on essentials, while local farmers’ markets provide fresh produce at lower prices.
How to Save on Food in Australia:
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Plan weekly meals and buy in bulk to reduce waste.
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Look for discounted food sections in supermarkets.
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Use apps like EatClub to get restaurant discounts.
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Cook at home and prepare meals in advance for busy days.
💡 Tip: Shopping late in the evening at supermarkets can get you last-minute discounts on fresh produce and bakery items.
3. Transport: Getting Around Australia on a Budget
Public transport is the most cost-effective way for students to get around, but fares vary by city. Some states offer discounted student fares, while others require international students to pay standard rates.
City-Specific Transport Cards:
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Sydney & NSW – Opal Card
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Melbourne & VIC – Myki Card
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Brisbane & Gold Coast (QLD) – Go Card
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Perth & WA – SmartRider
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Adelaide & SA – MetroCARD
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Canberra & ACT – MyWay Card
💡 Tip: Some universities offer free shuttle services between campuses—check if your school has this option.
4. Working Part-Time to Support Your Expenses
International students on a Student Visa (Subclass 500) can work 48 hours per fortnight during study periods and unlimited hours during semester breaks.
Best Part-Time Jobs for Students:
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Hospitality & retail : Cafés, restaurants, and supermarkets.
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Tutoring & admin jobs : Higher pay and flexible hours.
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Delivery & gig economy : Uber Eats, DoorDash, and freelance work.
💡 Tip: Before working, apply for a Tax File Number (TFN) to avoid higher tax rates.
5. Managing Healthcare & Medical Expenses
All international students in Australia must have Overseas Student Health Cover (OSHC), which helps cover medical costs such as doctor visits, hospital care, and prescriptions.
How to Reduce Healthcare Costs:
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Visit bulk-billing clinics to avoid extra charges.
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Compare OSHC providers like Medibank, Bupa, Allianz, and NIB for the best rates.
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Use Chemist Warehouse for affordable medications.
💡 Tip: In case of an emergency, call 000 for medical assistance, or 13 HEALTH (13 43 25 84) for free non-emergency medical advice.
6. Enjoying Student Life Without Overspending
Being on a budget doesn’t mean missing out on student life. Many cities offer free or low-cost activities for international students.
Ways to Have Fun for Free:
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Visit beaches, national parks, and hiking trails.
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Join university clubs and events for networking and socializing.
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Attend free museum days, cultural festivals, and outdoor movie nights.
💡 Tip: Use student discount apps like UNiDAYS and Student Edge for savings on shopping, travel, and entertainment.
Living in Australia as an international student can be expensive, but smart budgeting and money-saving strategies will help you manage costs effectively. By choosing affordable housing, cooking at home, using student transport discounts, and working part-time, you can balance your studies while enjoying life in Australia without financial stress.
📩 Need guidance on studying in Australia? Contact us for free advice on student visas, courses, and university options!
