Melbourne · VIC · 3047

You'll need $56,334/yr to live in Broadmeadows.

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

1BR median rent
$325/wk
Annual rent change
Rental stress (median income)
Yes
Bonds lodged
0
i
Rent data is reported as a grouped area
Homes Victoria publishes a single median for Broadmeadows together with Roxburgh Park. The figures shown here apply to the whole grouped area.

Location

Melbourne, VIC

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Rent trend

Quarterly median rent

Schools

13 primary, 4 secondary within 3km

Closest primary
Broadmeadows Valley Primary School0.5km
St Dominic's School0.7km
Broadmeadows Primary School0.8km
Closest secondary
Hume Central Secondary College0.4km
Penola Catholic College0.9km
Gladstone Park Secondary College2.8km

Public transport

Transit score 55/100

Train/tram stops
20
within 800m
Bus stops
38
within 800m

Can you afford it on your salary?

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

Closest to the $56,334/yr the 30% rule needs is highlighted.

Rent details

1 BR
$325/wk
2 BR
$470/wk
3 BR
$520/wk
4+ BR
$600/wk
Annual change
Quarterly change

Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income
$1,151/wk
Median age
32
Avg household size
2.9
Rent-to-income
45%

About renting in Broadmeadows

Broadmeadows is located in Melbourne, VIC. The median weekly rent is $515, meaning a single person needs to earn at least $56,334 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.