Living in a beautiful city like Sydney doesn't have to be expensive. In fact, Australia is very cost-effective when compared to other western countries such as Canada, the UK or the USA. As a general guide, on average, you will need around A$17,472 - $25,896 for living expenses for one year. This covers accommodation, food, transport and clothing.
The Department of Home Affairs requires that prospective international students must demonstrate access to a minimum of A$19,830 per year to fund their living costs in Australia.