Melbourne · VIC · 3044

You'll need $48,533/yr to live in Pascoe Vale.

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

1BR median rent
$280/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 together with Coburg North. The figures shown here apply to the whole grouped area.

Location

Melbourne, VIC

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Rent trend

Quarterly median rent

Schools

17 primary, 4 secondary within 3km

Closest primary
Pascoe Vale Primary School0.7km
St Oliver Plunkett's School0.9km
Westbreen Primary School1km
Closest secondary
Pascoe Vale Girls Secondary College0.8km
Strathmore Secondary College1.6km
Glenroy College2.4km

Public transport

Transit score 25/100

Train/tram stops
0
within 800m
Bus stops
22
within 800m

Can you afford it on your salary?

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

Closest to the $48,533/yr the 30% rule needs is highlighted.

Rent details

1 BR
$280/wk
2 BR
$500/wk
3 BR
$628/wk
4+ BR
$785/wk
Annual change
Quarterly change

Suburb affordability ledger

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

Household income (est. 2026)
$2,390/wk
Median age
36
Avg household size
2.4
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

Pascoe Vale is located in Melbourne, VIC. The 1BR median weekly rent is $280, meaning a single person needs to earn at least $48,533 per year to keep rent below 30% of income (based on the $280/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.