You need $64,654/yr
to live in Backwater
Based on government bond data
1BR median rent
$373/wk
Annual change
+6.4%
Rental stress
Yes
Location
Armidale, NSW
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Rent trend
Quarterly median rent
Can you afford it?
Enter your gross salary to check
$85,000
Weekly take-home
$1,254/wk
Weekly rent
$373/wk
Rent share
30%
You'd have $881/wk left after rent
Weekly budget breakdown
$797/week total
Rent
$373/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
2 BR
$320/wk
3 BR
$380/wk
4+ BR
$480/wk
Annual change
+6.4%
Quarterly change
0.0%
Suburb snapshot
ABS Census 2021
Median household income
$900/wk
Median age
64
Avg household size
1.9
Rent-to-income
41%
Nearby suburbs
Oban
NSW
$355/wk
$61,534/yr
-1.4%
Tubbamurra
NSW
$355/wk
$61,534/yr
-1.4%
Mount Mitchell
NSW
$373/wk
$64,654/yr
+6.4%
Wards Mistake
NSW
$463/wk
$52,000/yr
+5.1%
Bald Blair
NSW
$355/wk
$61,534/yr
-1.4%
Kookabookra
NSW
$373/wk
$64,654/yr
+6.4%
About renting in Backwater
Backwater is located in Armidale, NSW. The median weekly rent is $373, meaning a single person needs to earn at least $64,654 per year to keep rent below 30% of income.
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.