Melbourne · VIC · 3022

You'll need $57,200/yr to live in Deer Park.

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

1BR median rent
$330/wk
Annual rent change
Rental stress (median income)
Yes
Bonds lodged
0
i
Rent data is reported as a grouped area
Homes Victoria publishes a single median for Deer Park together with St Albans. The figures shown here apply to the whole grouped area.

Location

Melbourne, VIC

Loading map...

Rent trend

Quarterly median rent

Schools

11 primary, 1 secondary within 3km

Closest primary
St Peter Chanel School0.5km
Deer Park West Primary School1.1km
Deer Park North Primary School1.1km
Closest secondary
Victoria University Secondary College2.2km
Marian College3.7km
Catholic Regional College St Albans3.8km

Public transport

Transit score 55/100

Train/tram stops
11
within 800m
Bus stops
18
within 800m

Can you afford it on your salary?

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

Closest to the $57,200/yr the 30% rule needs is highlighted.

Rent details

1 BR
$330/wk
2 BR
$420/wk
3 BR
$482/wk
4+ BR
$550/wk
Annual change
Quarterly change

Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income
$1,456/wk
Median age
35
Avg household size
2.9
Rent-to-income
32%

About renting in Deer Park

Deer Park is located in Melbourne, VIC. The median weekly rent is $470, meaning a single person needs to earn at least $57,200 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.