You need $78,000/yr
to live in Newmarket
Based on government bond data
1BR median rent
$450/wk
Annual change
—
Rental stress
No
Location
Brisbane, QLD
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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
$575/wk
Rent share
46%
You'd have $679/wk left after rent
Weekly budget breakdown
$874/week total
Rent
$450/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$450/wk
2 BR
$630/wk
3 BR
$750/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$2,251/wk
Median age
33
Avg household size
2.5
Rent-to-income
26%
Nearby suburbs
Wilston
QLD
$650/wk
$112,667/yr
—
Alderley
QLD
$650/wk
$112,667/yr
—
Kelvin Grove
QLD
$439/wk
$95,334/yr
—
Grange
QLD
$680/wk
$117,867/yr
—
Red Hill
QLD
$550/wk
$69,334/yr
—
Herston
QLD
$299/wk
$51,827/yr
—
About renting in Newmarket
Newmarket is located in Brisbane, QLD. The median weekly rent is $575, meaning a single person needs to earn at least $78,000 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.