How is the salary needed to live in Nunawading 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 · 3131

You'll need $75,400/yr to live in Nunawading.

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

1BR median rent

$435/wk

Annual rent change

—

Rental stress (median income)

Bonds lodged

—

Rent data is reported as a grouped area

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

Location

Melbourne, VIC

Loading map...

Rent trend

Quarterly median rent

Schools

16 primary, 3 secondary within 3km

Closest primary

Nunawading Christian College-Primary0.8km

St John's School1.2km

Mount Pleasant Road Nunawading Primary School1.3km

Closest secondary

Nunawading Christian College-Secondary0.9km

Mullauna Secondary College1.7km

Blackburn High School2.5km

Public transport

Transit score 55/100

Train/tram stops

within 800m

Bus stops

within 800m

Can you afford it on your salary?

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

Closest to the $75,400/yr the 30% rule needs is highlighted.

Rent details

1 BR

$435/wk

2 BR

$520/wk

3 BR

$650/wk

4+ BR

$745/wk

Annual change

—

Quarterly change

—

Suburb affordability ledger

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

Household income (est. 2026)

$2,287/wk

Median age

Avg household size

2.6

Rent-to-income

25%

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.

Nearby suburbs

About renting in Nunawading

Nunawading is located in Melbourne, VIC. The 1BR median weekly rent is $435, meaning a single person needs to earn at least $75,400 per year to keep rent below 30% of income (based on the $435/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.