How is the salary needed to live in Newcombe calculated?

The salary needed uses the 30% rule: annual income required = (weekly rent × 52) / 0.3. Spending more than 30% of gross income on rent is considered "rental stress".

Melbourne · VIC

You'll need $65,867/yr to live in Newcombe.

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

1BR median rent

$380/wk

Annual rent change

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Rental stress (median income)

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Bonds lodged

Rent data is reported as a grouped area

Homes Victoria publishes a single median for Newcombe together with Geelong. The figures shown here apply to the whole grouped area.

Rent trend

Quarterly median rent

Can you afford it on your salary?

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

Closest to the $65,867/yr the 30% rule needs is highlighted.

Rent details

1 BR

$380/wk

2 BR

$460/wk

3 BR

$518/wk

4+ BR

$575/wk

Annual change

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Quarterly change

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Nearby suburbs

About renting in Newcombe

Newcombe is located in Melbourne, VIC. The median weekly rent is $470, meaning a single person needs to earn at least $65,867 per year to keep rent below 30% of income.

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.