Affordability check · Sydney · NSW

Can I afford to live in Eveleigh on $120,000/yr?

Tight — it's a stretch
Weekly take-home
$1,746/wk
1BR median rent
$865/wk
Leftover after rent + tax + costs
$457/wk
Rent share of gross
37%

The verdict

Eveleigh on $120,000/yr

On $120,000/yr, Eveleigh is a stretch — rent crosses the 30% rental-stress threshold. About $457/wk left for everything else.

Salary needed (30% rule)
$149,933
/yr gross
Short of 30% rule by
$29,933
/yr
Take-home (after tax)
$90,812
/yr
Annual rent
$44,980
median
Household:

Where your salary goes

$120,000/yr gross · $2,308/wk · single household

Tax + Medicare
$562/wk
24%
1BR rent
$865/wk
37%
Essentials
$424/wk
18%
Discretionary
$457/wk
20%

Essentials use indicative averages (groceries, transport, utilities, insurance, other). Adjust them in the budget tool below.

On $120,000/yr — weekly budget

$1,289/week total

Rent
$865/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk

Cheaper suburbs you can afford on this salary

Within reach of Eveleigh, under the 30% rule on $120,000/yr

Petersham
Sydney, NSW · 3.4km from Eveleigh
$670/wk
Save $215/wk
Lewisham
Sydney, NSW · 4.3km from Eveleigh
$670/wk
Save $215/wk

Rent trajectory

Eveleigh quarterly median vs your salary's 30%-rule ceiling

$750$788$825$863$900Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Q1 '25 → Q1 '26: +18.0%
Dashed segments are estimated from the suburb's annual rent change. They will be replaced with actual bond data as new quarters are published.
30% ceiling on $120,000/yr
$692/wk
Current median (all beds)
$885/wk
Gap above ceiling
+28%

Eveleigh rents rose 18% over the past year. At that pace, the gap to your salary ceiling is widening.

Same suburb, adjacent salary brackets

How affordability shifts in Eveleigh with a pay change

Want the full Eveleigh guide?
Schools, transport, crime, rent trend and demographics
Eveleigh full guide →

This suburb affordability view is one layer of your NestLedger — rent, salary and household cost context for Australian money decisions.

Estimates only. Not financial advice. See methodology. Read more