Melbourne · VIC · 3206

You'll need $78,000/yr to live in Middle Park.

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

1BR median rent
$450/wk
Annual rent change
Rental stress (median income)
No
Bonds lodged
i
Rent data is reported as a grouped area
Homes Victoria publishes a single median for Middle Park together with Albert Park, West St Kilda. The figures shown here apply to the whole grouped area.

Location

Melbourne, VIC

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Rent trend

Quarterly median rent

Schools

9 primary, 5 secondary within 3km

Closest primary
Middle Park Primary School0.4km
Albert Park Primary School1.2km
South Melbourne Park Primary School1.2km
Closest secondary
Albert Park College1.3km
Youth2Industry College1.6km
MacRobertson Girls High School1.9km

Public transport

Transit score 55/100

Train/tram stops
19
within 800m
Bus stops
14
within 800m

Can you afford it on your salary?

Pick your bracket — see weekly leftover, budget breakdown and cheaper alternatives in Middle Park

Closest to the $78,000/yr the 30% rule needs is highlighted.

Rent details

1 BR
$450/wk
2 BR
$643/wk
3 BR
$825/wk
4+ BR
$1,400/wk
Annual change
Quarterly change

Suburb affordability ledger

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

Household income (est. 2026)
$3,346/wk
Median age
45
Avg household size
2.3
Rent-to-income
21%

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 Middle Park

Middle Park is located in Melbourne, VIC. The 1BR median weekly rent is $450, meaning a single person needs to earn at least $78,000 per year to keep rent below 30% of income (based on the $450/wk 1BR median, single household).

This suburb affordability view is one layer of your NestLedger — rent, salary and household cost context for Australian money decisions.

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.