Affordability check · Sydney · NSW

Can I afford to live in Liberty Grove on $120,000/yr?

Tight, it's a stretch
Weekly take-home
$1,746/wk
1BR median rent
$720/wk
Leftover after rent + tax + costs
$602/wk
Rent share of gross
31%

The verdict

Liberty Grove on $120,000/yr

On $120,000/yr, Liberty Grove is a stretch, since rent crosses the 30% rental-stress threshold. About $602/wk left for everything else.

Salary needed (30% rule)
$124,800
/yr gross
Short of 30% rule by
$4,800
/yr
Take-home (after tax)
$90,812
/yr
Annual rent
$37,440
median
Household:

Where your salary goes

$120,000/yr gross · $2,308/wk · single household

Tax + Medicare
$562/wk
24%
1BR rent
$720/wk
31%
Essentials
$424/wk
18%
Discretionary
$602/wk
26%

Essentials use indicative averages (groceries, transport, utilities, insurance, other). Adjust them in the budget tool below.

On $120,000/yr: weekly budget

$1,144/week total

Rent
$720/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk

Rent trajectory

Liberty Grove quarterly median vs your salary's 30%-rule ceiling

$850$875$900$925$950Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Q1 '25 → Q1 '26: +3.4%
Dashed segments are estimated from the suburb's annual rent change. They will be replaced with actual bond data as new quarters are published.
30% ceiling on $120,000/yr
$692/wk
Current median (all beds)
$920/wk
Gap above ceiling
+33%

Liberty Grove rents rose 3.37% over the past year. At that pace, the gap to your salary ceiling is widening.

Same suburb, adjacent salary brackets

How affordability shifts in Liberty Grove with a pay change

Want the full Liberty Grove guide?
Schools, transport, crime, rent trend and demographics
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This suburb affordability view is one layer of your NestLedger: rent, salary and household cost context for Australian money decisions.

Estimates only. Not financial advice. See methodology. Read more