Wollongong · NSW · 2573

You'll need $94,467/yr to live in Bargo.

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

1BR median rent
$545/wk
Annual rent change
-9.2%
Rental stress (median income)
Yes
Bonds lodged
94

Location

Wollongong, NSW

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Rent trend

Quarterly median rent

Schools

1 primary, 0 secondary within 3km

Closest primary
Bargo Public School1.5km · 945
Yanderra Public School4.7km · 934
Buxton Public School5.3km · 949
Closest secondary
Picton High School9.7km · 950

Average ICSEA across nearby schools: 945 (national mean = 1000).

Can you afford it on your salary?

Pick your bracket — see weekly leftover, budget breakdown and cheaper alternatives in Bargo

Closest to the $94,467/yr the 30% rule needs is highlighted.

Rent details

2 BR
$430/wk
3 BR
$595/wk
4+ BR
$675/wk
Annual change
-9.2%
Quarterly change
-0.9%

Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income
$1,736/wk
Median age
41
Avg household size
2.8
Rent-to-income
31%

About renting in Bargo

Bargo is located in Wollongong, NSW. The median weekly rent is $545, meaning a single person needs to earn at least $94,467 per year to keep rent below 30% of income.

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.