You need $52,000/yr
to live in Corrabare
Based on government bond data
1BR median rent
$300/wk
Annual change
+12.0%
Rental stress
—
Location
Newcastle, NSW
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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
$560/wk
Rent share
45%
You'd have $694/wk left after rent
Weekly budget breakdown
$724/week total
Rent
$300/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$300/wk
2 BR
$460/wk
3 BR
$560/wk
4+ BR
$650/wk
Annual change
+12.0%
Quarterly change
+5.7%
Suburb snapshot
ABS Census 2021
Median household income
$0/wk
Median age
0
Avg household size
0
Rent-to-income
—
Nearby suburbs
Wollombi
NSW
$560/wk
$52,000/yr
+12.0%
Millfield
NSW
$560/wk
$52,000/yr
+12.0%
Sweetmans Creek
NSW
$560/wk
$52,000/yr
+12.0%
Paxton
NSW
$560/wk
$52,000/yr
+12.0%
Greta Main
NSW
$560/wk
$52,000/yr
+12.0%
Ellalong
NSW
$560/wk
$52,000/yr
+12.0%
About renting in Corrabare
Corrabare is located in Newcastle, NSW. The median weekly rent is $560, meaning a single person needs to earn at least $52,000 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.