You need $97,067/yr
to live in Middle Cove
Based on government bond data
1BR median rent
$560/wk
Annual change
+5.6%
Rental stress
No
Location
Sydney, NSW
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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
$950/wk
Rent share
76%
You'd have $304/wk left after rent
Weekly budget breakdown
$984/week total
Rent
$560/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$560/wk
2 BR
$800/wk
3 BR
$1,180/wk
4+ BR
$1,875/wk
Annual change
+5.6%
Quarterly change
+5.6%
Suburb snapshot
ABS Census 2021
Median household income
$4,446/wk
Median age
45
Avg household size
3
Rent-to-income
21%
Nearby suburbs
Castle Cove
NSW
$950/wk
$97,067/yr
+5.6%
Willoughby East
NSW
$950/wk
$97,067/yr
+5.6%
North Willoughby
NSW
$950/wk
$97,067/yr
+5.6%
Castlecrag
NSW
$950/wk
$97,067/yr
+5.6%
Willoughby
NSW
$950/wk
$97,067/yr
+5.6%
Northbridge
NSW
$1,095/wk
$189,800/yr
+15.3%
About renting in Middle Cove
Middle Cove is located in Sydney, NSW. The median weekly rent is $950, meaning a single person needs to earn at least $97,067 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.