Adelaide · SA · 5061

You'll need $104,000/yr to live in Hyde Park.

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

Median rent
$600/wk
Annual rent change
-10.4%
Rental stress (median income)
No
Bonds lodged
20

Location

Adelaide, SA

Rent trend

Quarterly median rent

Can you afford it on your salary?

Pick your bracket to see weekly leftover, budget breakdown and cheaper alternatives in Hyde Park

Closest to the $104,000/yr the 30% rule needs is highlighted.

Rent details

2 BR
$550/wk
Annual change
-10.4%
Quarterly change
+3.4%

Suburb affordability ledger

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

Household income (est. 2026)
$2,605/wk
Median age
45
Avg household size
2.2
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.

About renting in Hyde Park

Hyde Park's median weekly rent is $600 a week, which lands in the upper half of the 526 Adelaide suburbs NestLedger tracks. Most of the surrounding market is cheaper, so renters here are paying a premium over the typical local asking rent.

Rents have fallen 10.4% over the past year, an uncommon move in the current market. Bond-lodgement medians go from $525 in 2024-Q2 to $600 in 2026-Q1. Falling medians can reflect genuine softening or a change in what is being leased, so read it alongside the bond counts.

Using the 30% affordability benchmark, a single renter needs about $104,000 a year to take on Hyde Park's median weekly rent without overextending (based on the $600/wk all-dwellings median, single household). On the local median household income, Hyde Park stays under the 30% line: the typical household here is not in rental stress.

If Hyde Park stretches the budget, the nearest cheaper options NestLedger tracks are Malvern ($550/wk), Goodwood ($550/wk), Millswood ($480/wk), close enough to keep the same commute patterns while cutting the weekly rent.

Is Hyde Park expensive to rent in?

Hyde Park's median weekly rent is $600/wk, above the middle of the 526 Adelaide suburbs NestLedger tracks (266 tracked suburbs are cheaper).

What salary do I need to rent in Hyde Park?

About $104,000 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $600/wk all-dwellings median, single household.

Is rent in Hyde Park going up?

Over the past year the median weekly rent moved -10.4%, from $525 in 2024-Q2 to $600 in 2026-Q1.

What are cheaper suburbs near Hyde Park?

Malvern at $550/wk, Goodwood at $550/wk, Millswood at $480/wk, the closest tracked suburbs with a lower single-basis rent.

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, VIC DFFH, SA Consumer and Business Services via SA Housing Authority, and Tasmania Department of Justice rental bond data. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.