You need $121,334/yr
to live in Cooranbong
Based on government bond data
1BR median rent
$700/wk
Annual change
+16.7%
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
$700/wk
Rent share
56%
You'd have $554/wk left after rent
Weekly budget breakdown
$1,124/week total
Rent
$700/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
2 BR
$500/wk
4+ BR
$795/wk
Annual change
+16.7%
Quarterly change
+16.7%
Suburb snapshot
ABS Census 2021
Median household income
$1,639/wk
Median age
39
Avg household size
2.7
Rent-to-income
43%
Nearby suburbs
Dora Creek
NSW
$630/wk
$109,200/yr
+9.6%
Eraring
NSW
$630/wk
$109,200/yr
+9.6%
Myuna Bay
NSW
$625/wk
$108,334/yr
+17.9%
Martinsville
NSW
$700/wk
$121,334/yr
+16.7%
Awaba
NSW
$620/wk
$63,267/yr
+3.3%
Morisset
NSW
$630/wk
$109,200/yr
+9.6%
About renting in Cooranbong
Cooranbong is located in Newcastle, NSW. The median weekly rent is $700, meaning a single person needs to earn at least $121,334 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.