Melbourne, VIC

Melbourne has 168 suburbs tracked by NestLedger, with an average weekly rent of $604. A single person needs to earn at least $78,000/yr (median) to keep rent below 30% of income.

37 suburbs are in rental stress, where median rent exceeds 30% of median household income.

Across the 168 priced suburbs NestLedger tracks in Melbourne, weekly medians run from $450 in Melton up to $835 in Brighton East, a 1.9× spread. Where you land inside that range matters more to a budget than the citywide average does.

37 of the tracked suburbs sit in rental stress, where the median rent exceeds 30% of the local median household income. Tracked rents rose an average 4.9% over the past year, so figures date quickly.

For the long-form version of how these numbers work, see the NestLedger guides.