Newcastle · NSW · 2297

You'll need $38,133/yr to live in Mayfield North.

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

1BR median rent
$220/wk
Annual rent change
-7.7%
Rental stress (median income)
Bonds lodged

Location

Newcastle, 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 Mayfield North

Closest to the $38,133/yr the 30% rule needs is highlighted.

Rent details

1 BR
$220/wk
Annual change
-7.7%
Quarterly change
-36.0%

Suburb affordability ledger

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

Household income (est. 2026)
$0/wk
Median age
0
Avg household size
0
Rent-to-income

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 Mayfield North

Mayfield North's 1-bedroom median rent is $220 a week, which puts it in the cheapest quarter of the 295 Newcastle suburbs NestLedger tracks. Only 3 tracked suburbs ask less, so for renters working to a tight budget it is one of the area's genuine value options.

Rents have fallen 7.7% 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 $38,133 a year to take on Mayfield North's 1-bedroom median rent without overextending (based on the $220/wk 1BR median, single household).

Within its immediate area, Mayfield North is already one of the cheaper picks: nearby Maryville asks $750/wk. Renters trading down from here generally need to change area rather than suburb.

Is Mayfield North expensive to rent in?

Mayfield North's 1-bedroom median rent is $220/wk, below the middle of the 295 Newcastle suburbs NestLedger tracks (3 tracked suburbs are cheaper).

What salary do I need to rent in Mayfield North?

About $38,133 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $220/wk 1BR median, single household.

Is rent in Mayfield North going up?

Over the past year the 1-bedroom median rent moved -7.7%.

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.