How is the salary needed to live in Flinders calculated?

The salary needed uses the 30% rule: annual income required = (weekly rent × 52) / 0.3. Spending more than 30% of gross income on rent is considered "rental stress".

Regional VIC · VIC · 3929

You'll need $62,400/yr to live in Flinders.

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

1BR median rent

$360/wk

Annual rent change

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Rental stress (median income)

Bonds lodged

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Rent data is reported as a grouped area

Homes Victoria publishes a single median for Flinders together with Hastings. The figures shown here apply to the whole grouped area.

Location

Regional VIC, VIC

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Rent trend

Quarterly median rent

Schools

0 primary, 0 secondary within 3km

Closest primary

Boneo Primary School9.8km

Red Hill Consolidated School9.9km

Closest secondary

None within 10km

Can you afford it on your salary?

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

Closest to the $62,400/yr the 30% rule needs is highlighted.

Rent details

1 BR

$360/wk

2 BR

$470/wk

3 BR

$550/wk

4+ BR

$750/wk

Annual change

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Quarterly change

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Suburb affordability ledger

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

Household income (est. 2026)

$2,483/wk

Median age

Avg household size

2.1

Rent-to-income

23%

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.

Nearby suburbs

About renting in Flinders

Flinders is located in Regional VIC, VIC. The 1BR median weekly rent is $360, meaning a single person needs to earn at least $62,400 per year to keep rent below 30% of income (based on the $360/wk 1BR median, single household).

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.