Home/NSW/Fernhill

You need $77,134/yr
to live in Fernhill

Based on government bond data

1BR median rent
$445/wk
Annual change
+10.8%
Rental stress
Yes

Location

Wollongong, 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
$720/wk
Rent share
57%
You'd have $534/wk left after rent

Weekly budget breakdown

$869/week total

Rent
$445/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk

Rent details

1 BR
$445/wk
2 BR
$580/wk
3 BR
$750/wk
4+ BR
$920/wk
Annual change
+10.8%
Quarterly change
+10.8%

Suburb snapshot

ABS Census 2021

Median household income
$1,107/wk
Median age
45
Avg household size
2.3
Rent-to-income
65%

About renting in Fernhill

Fernhill is located in Wollongong, NSW. The median weekly rent is $720, meaning a single person needs to earn at least $77,134 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.