You need $128,267/yr
to live in Balmoral
Based on government bond data
1BR median rent
$740/wk
Annual change
—
Rental stress
No
Location
Brisbane, QLD
Loading map...
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
$740/wk
Rent share
59%
You'd have $514/wk left after rent
Weekly budget breakdown
$1,164/week total
Rent
$740/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
2 BR
$660/wk
3 BR
$885/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$2,671/wk
Median age
37
Avg household size
2.5
Rent-to-income
28%
Nearby suburbs
Morningside
QLD
$715/wk
$123,934/yr
—
Bulimba
QLD
$800/wk
$114,400/yr
—
Hawthorne
QLD
$705/wk
$122,200/yr
—
Hamilton
QLD
$700/wk
$111,800/yr
—
Teneriffe
QLD
$800/wk
$112,667/yr
—
Norman Park
QLD
$745/wk
$83,200/yr
—
About renting in Balmoral
Balmoral is located in Brisbane, QLD. The median weekly rent is $740, meaning a single person needs to earn at least $128,267 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.