2. DIY is possible, but you still need to find an intermediary when you get a visa. The intermediary's visa fee is very high. Then why not let the intermediary do it all? There are still a lot of materials to be prepared and translation is needed. Preparing these things every day keeps you busy, but the intermediary can help you with all of them.
3. Eight ordinary students plus living expenses are between 220,000 and 280,000. Australian graduate students are generally 1 year and a half or 2 years.
If you are a 2-year full-time teaching graduate student, you can get a 2-year work visa and find a job without using it. It should be no problem to support yourself, provided that you find a formal job.
The habit of studying abroad depends on one's own thoughts and self-regulation, and cannot be generalized.