Melbourne · VIC · 3054

You'll need $74,534/yr to live in Carlton North.

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

1BR median rent
$430/wk
Annual rent change
Rental stress (median income)
Yes
Bonds lodged
0

Location

Melbourne, VIC

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Rent trend

Quarterly median rent

Schools

21 primary, 10 secondary within 3km

Closest primary
Princes Hill Primary School0.6km
Carlton North Primary School0.7km
Brunswick South Primary School0.9km
Closest secondary
Princes Hill Secondary College0.4km
Sydney Road Community School1.6km
University High School1.7km

Public transport

Transit score 55/100

Train/tram stops
14
within 800m
Bus stops
20
within 800m

Can you afford it on your salary?

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

Closest to the $74,534/yr the 30% rule needs is highlighted.

Rent details

1 BR
$430/wk
2 BR
$600/wk
3 BR
$778/wk
4+ BR
$1,225/wk
Annual change
Quarterly change

Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income
$2,400/wk
Median age
33
Avg household size
2.3
Rent-to-income
32%

About renting in Carlton North

Carlton North is located in Melbourne, VIC. The median weekly rent is $760, meaning a single person needs to earn at least $74,534 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.