You need $99,667/yr
to live in Labrador
Based on government bond data
1BR median rent
$575/wk
Annual change
—
Rental stress
Yes
Location
Gold Coast, 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
$720/wk
Rent share
57%
You'd have $534/wk left after rent
Weekly budget breakdown
$999/week total
Rent
$575/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$575/wk
2 BR
$730/wk
3 BR
$850/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$1,188/wk
Median age
45
Avg household size
2
Rent-to-income
61%
Nearby suburbs
Biggera Waters
QLD
$750/wk
$95,334/yr
—
Main Beach
QLD
$1,000/wk
$173,334/yr
—
Southport
QLD
$735/wk
$114,400/yr
—
Parkwood
QLD
$380/wk
$65,867/yr
—
Arundel
QLD
$850/wk
$147,334/yr
—
Runaway Bay
QLD
$800/wk
$138,667/yr
—
About renting in Labrador
Labrador is located in Gold Coast, QLD. The median weekly rent is $720, meaning a single person needs to earn at least $99,667 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.