Gold Coast · QLD · 4214

You'll need $52,000/yr to live in Ashmore.

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

1BR median rent
$300/wk
Annual rent change
+7.1%
Rental stress (median income)
Yes
Bonds lodged

Location

Gold Coast, QLD

Rent trend

Quarterly median rent

Can you afford it on your salary?

Pick your bracket to see weekly leftover, budget breakdown and cheaper alternatives in Ashmore

Closest to the $52,000/yr the 30% rule needs is highlighted.

Rent details

1 BR
$300/wk
3 BR
$800/wk
4+ BR
$1,200/wk
Annual change
+7.1%
Quarterly change

Suburb affordability ledger

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

Household income (est. 2026)
$1,866/wk
Median age
43
Avg household size
2.5
Rent-to-income
40%

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 Ashmore

Ashmore's 1-bedroom median rent is $300 a week, which puts it in the cheapest quarter of the 58 Gold Coast suburbs NestLedger tracks. Only 10 tracked suburbs ask less, so for renters working to a tight budget it is one of the area's genuine value options.

Rents have climbed a moderate 7.1% over the past year. Bond-lodgement medians go from $695 in 2024-Q2 to $750 in 2026-Q1. That is a steady drift upward rather than a spike, but it still compounds against a flat salary.

Using the 30% affordability benchmark, a single renter needs about $52,000 a year to take on Ashmore's 1-bedroom median rent without overextending (based on the $300/wk 1BR median, single household). On the local median household income, Ashmore sits in rental stress: the median rent takes more than 30% of gross income.

Within its immediate area, Ashmore is already one of the cheaper picks: nearby Benowa asks $1,050/wk. Renters trading down from here generally need to change area rather than suburb.

Is Ashmore expensive to rent in?

Ashmore's 1-bedroom median rent is $300/wk, below the middle of the 58 Gold Coast suburbs NestLedger tracks (10 tracked suburbs are cheaper).

What salary do I need to rent in Ashmore?

About $52,000 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $300/wk 1BR median, single household.

Is rent in Ashmore going up?

Over the past year the 1-bedroom median rent moved +7.1%, from $695 in 2024-Q2 to $750 in 2026-Q1.

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, VIC DFFH, SA Consumer and Business Services via SA Housing Authority, and Tasmania Department of Justice rental bond data. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.