You need $103,134/yr
to live in Cosgrove
Based on government bond data
1BR median rent
$595/wk
Annual change
—
Rental stress
Yes
Location
Townsville, QLD
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
$595/wk
Rent share
47%
You'd have $659/wk left after rent
Weekly budget breakdown
$1,019/week total
Rent
$595/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
4+ BR
$610/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$1,976/wk
Median age
27
Avg household size
2.5
Rent-to-income
30%
Nearby suburbs
Mount Louisa
QLD
$590/wk
$102,267/yr
—
Kirwan
QLD
$540/wk
$93,600/yr
—
Bohle Plains
QLD
$640/wk
$110,934/yr
—
Burdell
QLD
$650/wk
$112,667/yr
—
Thuringowa Central
QLD
$550/wk
$95,334/yr
—
Heatley
QLD
$520/wk
$90,134/yr
—
About renting in Cosgrove
Cosgrove is located in Townsville, QLD. The median weekly rent is $595, meaning a single person needs to earn at least $103,134 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.