You need $147,334/yr
to live in Hollywell
Based on government bond data
1BR median rent
$850/wk
Annual change
—
Rental stress
Yes
Location
Gold Coast, QLD
Loading map...
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
$850/wk
Rent share
68%
You'd have $404/wk left after rent
Weekly budget breakdown
$1,274/week total
Rent
$850/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$1,872/wk
Median age
51
Avg household size
2.4
Rent-to-income
45%
Nearby suburbs
Paradise Point
QLD
$940/wk
$162,934/yr
—
Runaway Bay
QLD
$800/wk
$138,667/yr
—
Coombabah
QLD
$750/wk
$130,000/yr
—
Biggera Waters
QLD
$750/wk
$95,334/yr
—
Hope Island
QLD
$900/wk
$112,667/yr
—
Labrador
QLD
$720/wk
$99,667/yr
—
About renting in Hollywell
Hollywell is located in Gold Coast, QLD. The median weekly rent is $850, meaning a single person needs to earn at least $147,334 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.