Melbourne · VIC · 3044

You'll need $73,667/yr to live in Pascoe Vale South.

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

1BR median rent
$425/wk
Annual rent change
Rental stress (median income)
No
Bonds lodged
i
Rent data is reported as a grouped area
Homes Victoria publishes a single median for Pascoe Vale South together with Coburg. The figures shown here apply to the whole grouped area.

Location

Melbourne, VIC

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Rent trend

Quarterly median rent

Schools

20 primary, 5 secondary within 3km

Closest primary
Pascoe Vale South Primary School0.3km
Coburg West Primary School0.9km
St Vincent de Paul's School1.3km
Closest secondary
Strathmore Secondary College1.3km
St Columba's College2.6km
Islamic College of Sport2.6km

Public transport

Transit score 55/100

Train/tram stops
14
within 800m
Bus stops
15
within 800m

Can you afford it on your salary?

Pick your bracket — see weekly leftover, budget breakdown and cheaper alternatives in Pascoe Vale South

Closest to the $73,667/yr the 30% rule needs is highlighted.

Rent details

1 BR
$425/wk
2 BR
$550/wk
3 BR
$700/wk
4+ BR
$850/wk
Annual change
Quarterly change

Suburb affordability ledger

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

Household income (est. 2026)
$2,650/wk
Median age
39
Avg household size
2.7
Rent-to-income
23%

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.

About renting in Pascoe Vale South

Pascoe Vale South is located in Melbourne, VIC. The 1BR median weekly rent is $425, meaning a single person needs to earn at least $73,667 per year to keep rent below 30% of income (based on the $425/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.