You need $120,467/yr
to live in Mt Martha
Based on government bond data
1BR median rent
$695/wk
Annual change
—
Rental stress
—
i
Rent data is reported as a grouped area
Homes Victoria publishes a single median for Mt Martha together with Mt Eliza, Mornington. The figures shown here apply to the whole grouped area.
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
$695/wk
Rent share
55%
You'd have $559/wk left after rent
Weekly budget breakdown
$1,119/week total
Rent
$695/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
2 BR
$535/wk
3 BR
$650/wk
4+ BR
$895/wk
Annual change
—
Quarterly change
—
Nearby suburbs
Glen Waverley
VIC
$695/wk
$95,334/yr
—
Mornington
VIC
$695/wk
$120,467/yr
—
Mount Waverley
VIC
$695/wk
$48,534/yr
—
Mt Eliza
VIC
$695/wk
$120,467/yr
—
Mulgrave
VIC
$695/wk
$95,334/yr
—
Albert Park
VIC
$698/wk
$78,000/yr
—
About renting in Mt Martha
Mt Martha is located in Melbourne, VIC. The median weekly rent is $695, meaning a single person needs to earn at least $120,467 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.