Regional NSW · NSW · 2622

You'll need $79,733/yr to live in Lower Boro.

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

Median rent
$460/wk
Annual rent change
-7.1%
Rental stress (median income)
No
Bonds lodged

Location

Regional NSW, NSW

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 Lower Boro

Closest to the $79,733/yr the 30% rule needs is highlighted.

Rent details

Annual change
-7.1%
Quarterly change
-10.7%

Suburb affordability ledger

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

Household income (est. 2026)
$2,138/wk
Median age
50
Avg household size
2.3
Rent-to-income
22%

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 Lower Boro

Lower Boro's median weekly rent is $460 a week, a little under the middle of the 1019 Regional NSW suburbs NestLedger tracks, with 321 tracked suburbs coming in cheaper. It is not a bargain pocket, but renters get in below the local median.

Rents have fallen 7.1% over the past year, an uncommon move in the current market. 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 $79,733 a year to take on Lower Boro's median weekly rent without overextending (based on the $460/wk all-dwellings median, single household). On the local median household income, Lower Boro stays under the 30% line: the typical household here is not in rental stress.

If Lower Boro stretches the budget, the nearest cheaper options NestLedger tracks are Lake Bathurst ($380/wk), close enough to keep the same commute patterns while cutting the weekly rent.

Is Lower Boro expensive to rent in?

Lower Boro's median weekly rent is $460/wk, below the middle of the 1019 Regional NSW suburbs NestLedger tracks (321 tracked suburbs are cheaper).

What salary do I need to rent in Lower Boro?

About $79,733 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $460/wk all-dwellings median, single household.

Is rent in Lower Boro going up?

Over the past year the median weekly rent moved -7.1%.

What are cheaper suburbs near Lower Boro?

Lake Bathurst at $380/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.