How is the salary needed to live in Parramatta Park 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".

Cairns · QLD · 4868

You'll need $48,534/yr to live in Parramatta Park.

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

1BR median rent

$280/wk

Annual rent change

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Rental stress (median income)

Bonds lodged

Location

Cairns, QLD

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Rent trend

Quarterly median rent

Schools

3 primary, 4 secondary within 3km

Closest primary

Parramatta SS0.1km

Cairns West SS2.3km

Balaclava SS2.5km

Closest secondary

Cairns SHS0.9km

Trinity Bay SHS1.2km

Can you afford it on your salary?

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

Closest to the $48,534/yr the 30% rule needs is highlighted.

Rent details

1 BR

$280/wk

2 BR

$510/wk

Annual change

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Quarterly change

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Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income

$1,211/wk

Median age

Avg household size

2.1

Rent-to-income

26%

Nearby suburbs

About renting in Parramatta Park

Parramatta Park is located in Cairns, QLD. The median weekly rent is $320, meaning a single person needs to earn at least $48,534 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.