Wollongong · NSW · 2527

You'll need $123,067/yr to live in Albion Park Rail.

The 30%-rule benchmark for a single person, based on quarterly government bond data.

Median rent
$710/wk
Annual rent change
+6.0%
Rental stress (median income)
Yes
Bonds lodged
115

Location

Wollongong, NSW

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Rent trend

Quarterly median rent

Schools

3 primary, 1 secondary within 3km

Closest primary
Albion Park Rail Public School1km · 894
Albion Park Public School1.9km · 972
Oak Flats Public School2.5km · 959
Closest secondary
Albion Park High School2.3km · 964
Oak Flats High School4km · 932
Lake Illawarra High School5.9km · 894

Average ICSEA across nearby schools: 935 (national mean = 1000).

Can you afford it on your salary?

Pick your bracket — see weekly leftover, budget breakdown and cheaper alternatives in Albion Park Rail

Closest to the $123,067/yr the 30% rule needs is highlighted.

Rent details

2 BR
$545/wk
3 BR
$680/wk
4+ BR
$800/wk
Annual change
+6.0%
Quarterly change
+1.4%

Suburb affordability ledger

ABS Census 2021 (income WPI-indexed to 2026) · rent vs household income

Household income (est. 2026)
$1,665/wk
Median age
41
Avg household size
2.5
Rent-to-income
43%

Household income is the 2021 Census median indexed forward to 2026 by ABS wage growth; rent-to-income and stress compare current rent to that estimate.

About renting in Albion Park Rail

Albion Park Rail is located in Wollongong, NSW. The median weekly rent is $710, meaning a single person needs to earn at least $123,067 per year to keep rent below 30% of income (based on the $710/wk all-dwellings median, single household).

This suburb affordability view is one layer of your NestLedger — rent, salary and household cost context for Australian money decisions.

How is the salary needed calculated?

The salary needed uses the 30% rule: annual income required = (weekly rent x 52) / 0.3. This is a widely used affordability benchmark — spending more than 30% of gross income on rent is considered "rental stress".

Where does the rent data come from?

Rent data comes from government bond lodgement records — NSW DCJ, QLD RTA, and VIC DFFH. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.