Bathurst · NSW · 2848

You'll need $62,400/yr to live in Carwell.

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

1BR median rent
$360/wk
Annual rent change
+2.9%
Rental stress (median income)
No
Bonds lodged
0

Location

Bathurst, NSW

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Rent trend

Quarterly median rent

Schools

0 primary, 0 secondary within 3km

Closest primary
Kandos Public School6.8km · 837
Rylstone Public School8km · 989
Closest secondary
Kandos High School6.8km · 902

Can you afford it on your salary?

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

Closest to the $62,400/yr the 30% rule needs is highlighted.

Rent details

Annual change
+2.9%
Quarterly change
+2.9%

Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income
$1,749/wk
Median age
54
Avg household size
2.3
Rent-to-income
21%

About renting in Carwell

Carwell is located in Bathurst, NSW. The median weekly rent is $360, meaning a single person needs to earn at least $62,400 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.