You need $59,800/yr
to live in Parma
Based on government bond data
1BR median rent
$345/wk
Annual change
+1.8%
Rental stress
Yes
Location
Nowra, NSW
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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
$560/wk
Rent share
45%
You'd have $694/wk left after rent
Weekly budget breakdown
$769/week total
Rent
$345/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$345/wk
2 BR
$450/wk
3 BR
$550/wk
4+ BR
$655/wk
Annual change
+1.8%
Quarterly change
+1.8%
Suburb snapshot
ABS Census 2021
Median household income
$1,624/wk
Median age
53
Avg household size
2.5
Rent-to-income
34%
Nearby suburbs
Nowra Hill
NSW
$520/wk
$55,987/yr
+4.0%
Falls Creek
NSW
$560/wk
$59,800/yr
+1.8%
Yerriyong
NSW
$560/wk
$59,800/yr
+1.8%
Bamarang
NSW
$520/wk
$55,987/yr
+4.0%
South Nowra
NSW
$520/wk
$55,987/yr
+4.0%
Mundamia
NSW
$520/wk
$55,987/yr
+4.0%
About renting in Parma
Parma is located in Nowra, NSW. The median weekly rent is $560, meaning a single person needs to earn at least $59,800 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.