Sydney · NSW · 2042

You'll need $95,333/yr to live in Newtown.

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

1BR median rent
$550/wk
Annual rent change
+3.9%
Rental stress (median income)
No
Bonds lodged
363

Location

Sydney, NSW

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Rent trend

Quarterly median rent

Schools

20 primary, 9 secondary within 3km

Closest primary
Australia Street Infants School0.3km · 1143
Newtown Public School0.3km · 1140
Erskineville Public School0.6km · 1155
Closest secondary
Newtown High School of Performing Arts0.3km · 1127
Central Sydney Intensive English High School1.2km · 1037
Alexandria Park Community School1.5km · 1052

Average ICSEA across nearby schools: 1125 (national mean = 1000).

Can you afford it on your salary?

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

Closest to the $95,333/yr the 30% rule needs is highlighted.

Rent details

1 BR
$550/wk
2 BR
$860/wk
3 BR
$1,175/wk
4+ BR
$1,375/wk
Annual change
+3.9%
Quarterly change
-3.3%

Suburb affordability ledger

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

Household income (est. 2026)
$2,749/wk
Median age
34
Avg household size
2.1
Rent-to-income
26%

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 Newtown

Newtown is located in Sydney, NSW. The 1BR median weekly rent is $550, meaning a single person needs to earn at least $95,333 per year to keep rent below 30% of income (based on the $550/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.