You need $119,600/yr
to live in Cremorne Point
Based on government bond data
1BR median rent
$690/wk
Annual change
+12.5%
Rental stress
Yes
Location
Sydney, 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
$900/wk
Rent share
72%
You'd have $354/wk left after rent
Weekly budget breakdown
$1,114/week total
Rent
$690/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$690/wk
2 BR
$900/wk
3 BR
$1,300/wk
Annual change
+12.5%
Quarterly change
+4.7%
Suburb snapshot
ABS Census 2021
Median household income
$2,951/wk
Median age
47
Avg household size
2.1
Rent-to-income
30%
Nearby suburbs
Kurraba Point
NSW
$850/wk
$112,667/yr
+10.4%
Neutral Bay
NSW
$850/wk
$112,667/yr
+10.4%
Cremorne
NSW
$900/wk
$119,600/yr
+12.5%
Kirribilli
NSW
$875/wk
$130,000/yr
+2.9%
Milsons Point
NSW
$875/wk
$130,000/yr
+2.9%
North Sydney
NSW
$850/wk
$126,187/yr
+5.6%
About renting in Cremorne Point
Cremorne Point is located in Sydney, NSW. The median weekly rent is $900, meaning a single person needs to earn at least $119,600 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.