I’m over in Perth and have been here for getting on 6 months now. We’re loving it, our son’s loving school and I think that the whole atmosphere is a bit lighter than in teh UK at present – I guess the effects of the economic situation make themselves felt slowly over time and you don’t realise how much you’ve been worrying about job security/getting a bigger hosue etc. We’re only renting over here and it would require quite a big mortgage to buy a house at present in the area we rent in. Living costs are certainly higher when looking at exchange rate cost comparisons but I tend to look at how long I have to work to buy something as a better comparison.
As perthmtb said, you can do a lot of things over here for little or no money. I think it depends on what profession you’re in but if it’s a skill in demand you’ll be earning mor ethan in the UK with an opportunity to save a lot of money as well.
Who knows how long we’ll be out here, there are things I miss about the UK, but I’m glad we’ve done this as it’s something that would have been a big regret if we’d have passed it over, it just so happened that the economics of it all made the decision easier.