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John, your concerns are understandable, especially with rising holding costs and taxes in Victoria.
If you’re open to overseas options, Dubai could be worth comparing. Foreign buyers can own property in designated freehold areas, and there’s no annual property tax.
Of course, it’s still important to compare service charges, rental demand, location, developer quality, and resale potential.
This overview of Dubai vs Australia property investment gives a useful comparison if you’re weighing both markets.
A salary of around AED 30,000–40,000 per month would generally be comparable to your current UK earnings, although the right figure depends on your experience and the overall benefits package. The tax-free income is attractive, but be sure to factor in housing, schooling, and healthcare costs.
For job searching, LinkedIn, GulfTalent, Bayt, Naukrigulf, and recruiters like Michael Page and Charterhouse are good places to start.
For a family, AED 35,000+ per month usually provides a comfortable lifestyle with room to save, especially if your employer offers housing or education allowances.
