You need $107,467/yr
to live in Haymarket
Based on government bond data
1BR median rent
$620/wk
Annual change
+29.9%
Rental stress
Yes
Location
Sydney, 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
$700/wk
Rent share
56%
You'd have $554/wk left after rent
Weekly budget breakdown
$1,044/week total
Rent
$620/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$620/wk
2 BR
$1,100/wk
3 BR
$1,375/wk
Annual change
+29.9%
Quarterly change
+27.5%
Suburb snapshot
ABS Census 2021
Median household income
$1,931/wk
Median age
30
Avg household size
2.4
Rent-to-income
36%
Nearby suburbs
Ultimo
NSW
$700/wk
$107,467/yr
+29.9%
Surry Hills
NSW
$800/wk
$121,334/yr
+2.6%
Chippendale
NSW
$885/wk
$149,934/yr
+18.0%
Redfern
NSW
$775/wk
$125,667/yr
+3.5%
Darlinghurst
NSW
$800/wk
$121,334/yr
+2.6%
Sydney
NSW
$1,000/wk
$147,334/yr
+11.1%
About renting in Haymarket
Haymarket is located in Sydney, NSW. The median weekly rent is $700, meaning a single person needs to earn at least $107,467 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.