You need $78,520/yr
to live in Belmont North
Based on government bond data
1BR median rent
$453/wk
Annual change
+3.9%
Rental stress
Yes
Location
Newcastle, NSW
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
$675/wk
Rent share
54%
You'd have $579/wk left after rent
Weekly budget breakdown
$877/week total
Rent
$453/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$453/wk
2 BR
$520/wk
3 BR
$700/wk
4+ BR
$850/wk
Annual change
+3.9%
Quarterly change
+2.3%
Suburb snapshot
ABS Census 2021
Median household income
$1,739/wk
Median age
40
Avg household size
2.6
Rent-to-income
39%
Nearby suburbs
Floraville
NSW
$675/wk
$78,520/yr
+3.9%
Belmont
NSW
$675/wk
$78,520/yr
+3.9%
Croudace Bay
NSW
$720/wk
$124,800/yr
+10.8%
Valentine
NSW
$675/wk
$78,520/yr
+3.9%
Eleebana
NSW
$720/wk
$124,800/yr
+10.8%
Redhead
NSW
$680/wk
$72,800/yr
+7.9%
About renting in Belmont North
Belmont North is located in Newcastle, NSW. The median weekly rent is $675, meaning a single person needs to earn at least $78,520 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.