You need $55,120/yr
to live in Newtown
Based on government bond data
1BR median rent
$318/wk
Annual change
—
Rental stress
No
Location
Ballarat, VIC
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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
$500/wk
Rent share
40%
You'd have $754/wk left after rent
Weekly budget breakdown
$742/week total
Rent
$318/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$318/wk
2 BR
$440/wk
3 BR
$590/wk
4+ BR
$700/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$2,092/wk
Median age
40
Avg household size
2.5
Rent-to-income
24%
Nearby suburbs
Sebastopol
VIC
$430/wk
$52,000/yr
—
Delacombe
VIC
$430/wk
$52,000/yr
—
Alfredton
VIC
$440/wk
$49,400/yr
—
Buninyong
VIC
$420/wk
$49,400/yr
—
Mount Clear
VIC
$420/wk
$49,400/yr
—
Ballarat
VIC
$400/wk
$49,400/yr
—
About renting in Newtown
Newtown is located in Ballarat, VIC. The median weekly rent is $500, meaning a single person needs to earn at least $55,120 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.