Regional NSW · NSW · 2429

You'll need $85,800/yr to live in Elands.

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

Median rent
$495/wk
Annual rent change
+5.3%
Rental stress (median income)
Yes
Bonds lodged
32

Location

Regional NSW, NSW

Rent trend

Quarterly median rent

Can you afford it on your salary?

Pick your bracket to see weekly leftover, budget breakdown and cheaper alternatives in Elands

Closest to the $85,800/yr the 30% rule needs is highlighted.

Rent details

3 BR
$500/wk
Annual change
+5.3%
Quarterly change
+3.1%

Suburb affordability ledger

ABS Census 2021 (income WPI-indexed to 2026) · rent vs household income

Household income (est. 2026)
$758/wk
Median age
60
Avg household size
1.9
Rent-to-income
65%

Household income is the 2021 Census median indexed forward to 2026 by ABS wage growth; rent-to-income and stress compare current rent to that estimate.

About renting in Elands

Elands's median weekly rent is $495 a week, a little under the middle of the 1019 Regional NSW suburbs NestLedger tracks, with 459 tracked suburbs coming in cheaper. It is not a bargain pocket, but renters get in below the local median.

Rents have climbed a moderate 5.3% over the past year. That is a steady drift upward rather than a spike, but it still compounds against a flat salary.

Using the 30% affordability benchmark, a single renter needs about $85,800 a year to take on Elands's median weekly rent without overextending (based on the $495/wk all-dwellings median, single household). On the local median household income, Elands sits in rental stress: the median rent takes more than 30% of gross income.

Within its immediate area, Elands is already one of the cheaper picks: nearby Toms Creek asks $595/wk. Renters trading down from here generally need to change area rather than suburb.

Is Elands expensive to rent in?

Elands's median weekly rent is $495/wk, below the middle of the 1019 Regional NSW suburbs NestLedger tracks (459 tracked suburbs are cheaper).

What salary do I need to rent in Elands?

About $85,800 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $495/wk all-dwellings median, single household.

Is rent in Elands going up?

Over the past year the median weekly rent moved +5.3%.

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, VIC DFFH, SA Consumer and Business Services via SA Housing Authority, and Tasmania Department of Justice rental bond data. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.