You need $119,600/yr
to live in Greenbank
Based on government bond data
1BR median rent
$690/wk
Annual change
—
Rental stress
Yes
Location
Ipswich, QLD
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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
$690/wk
Rent share
55%
You'd have $564/wk left after rent
Weekly budget breakdown
$1,114/week total
Rent
$690/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
3 BR
$660/wk
4+ BR
$700/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$2,240/wk
Median age
37
Avg household size
3.2
Rent-to-income
31%
Nearby suburbs
Springfield Lakes
QLD
$660/wk
$114,400/yr
—
Springfield Central
QLD
$270/wk
$46,800/yr
—
Heathwood
QLD
$745/wk
$129,134/yr
—
Springfield
QLD
$650/wk
$112,667/yr
—
Boronia Heights
QLD
$590/wk
$102,267/yr
—
Camira
QLD
$575/wk
$99,667/yr
—
About renting in Greenbank
Greenbank is located in Ipswich, QLD. The median weekly rent is $690, meaning a single person needs to earn at least $119,600 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.