Nowra · NSW · 2535

You'll need $124,800/yr to live in Carrington Falls.

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

Median rent
$720/wk
Annual rent change
-1.4%
Rental stress (median income)
Yes
Bonds lodged
33

Location

Nowra, NSW

Rent trend

Quarterly median rent

Can you afford it on your salary?

Pick your bracket to see weekly leftover, budget breakdown and cheaper alternatives in Carrington Falls

Closest to the $124,800/yr the 30% rule needs is highlighted.

Rent details

3 BR
$760/wk
Annual change
-1.4%
Quarterly change
+1.8%

Suburb affordability ledger

ABS Census 2021 (income WPI-indexed to 2026) · rent vs household income

Household income (est. 2026)
$2,213/wk
Median age
56
Avg household size
2.4
Rent-to-income
33%

Household income is the 2021 Census median indexed forward to 2026 by ABS wage growth; rent-to-income and stress compare current rent to that estimate.

About renting in Carrington Falls

Carrington Falls's median weekly rent is $720 a week, placing it in the most expensive quarter of the 140 Nowra suburbs NestLedger tracks. This is premium territory for the area, and budget-focused renters usually look at least one suburb further out.

Rents have been broadly steady over the past year (-1.4%). Stability makes budgeting easier, though it says nothing about how the suburb compares on price.

Using the 30% affordability benchmark, a single renter needs about $124,800 a year to take on Carrington Falls's median weekly rent without overextending (based on the $720/wk all-dwellings median, single household). On the local median household income, Carrington Falls sits in rental stress: the median rent takes more than 30% of gross income.

If Carrington Falls stretches the budget, the nearest cheaper options NestLedger tracks are Upper Kangaroo Valley ($700/wk), Knights Hill ($710/wk), Robertson ($700/wk), close enough to keep the same commute patterns while cutting the weekly rent.

Is Carrington Falls expensive to rent in?

Carrington Falls's median weekly rent is $720/wk, above the middle of the 140 Nowra suburbs NestLedger tracks (120 tracked suburbs are cheaper).

What salary do I need to rent in Carrington Falls?

About $124,800 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $720/wk all-dwellings median, single household.

Is rent in Carrington Falls going up?

Over the past year the median weekly rent moved -1.4%.

What are cheaper suburbs near Carrington Falls?

Upper Kangaroo Valley at $700/wk, Knights Hill at $710/wk, Robertson at $700/wk, the closest tracked suburbs with a lower single-basis rent.

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, VIC DFFH, SA Consumer and Business Services via SA Housing Authority, and Tasmania Department of Justice rental bond data. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.