Newcastle · NSW · 2299

You'll need $44,200/yr to live in North Lambton.

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

1BR median rent
$255/wk
Annual rent change
+22.6%
Rental stress (median income)
No
Bonds lodged
206

Location

Newcastle, NSW

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Rent trend

Quarterly median rent

Schools

8 primary, 3 secondary within 3km

Closest primary
Jesmond Public School0.8km · 923
Lambton Public School0.9km · 1065
Heaton Public School1km · 955
Closest secondary
Callaghan College Jesmond Senior Campus0.8km · 980
Callaghan College Waratah Campus2.3km · 957
Lambton High School2.3km · 1057

Average ICSEA across nearby schools: 984 (national mean = 1000).

Can you afford it on your salary?

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

Closest to the $44,200/yr the 30% rule needs is highlighted.

Rent details

1 BR
$255/wk
2 BR
$575/wk
3 BR
$720/wk
4+ BR
$780/wk
Annual change
+22.6%
Quarterly change
+0.5%

Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income
$1,678/wk
Median age
31
Avg household size
2.5
Rent-to-income
30%

About renting in North Lambton

North Lambton is located in Newcastle, NSW. The median weekly rent is $503, meaning a single person needs to earn at least $44,200 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.