Newcastle · NSW · 2327

You'll need $88,400/yr to live in Pelaw Main.

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

1BR median rent
$510/wk
Annual rent change
+2.0%
Rental stress (median income)
Yes
Bonds lodged
60

Location

Newcastle, NSW

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Rent trend

Quarterly median rent

Schools

3 primary, 0 secondary within 3km

Closest primary
Pelaw Main Public School0.8km · 901
Kurri Kurri Public School1.8km · 891
Stanford Merthyr Infants School2.2km · 950
Closest secondary
Kurri Kurri High School3.1km · 894

Average ICSEA across nearby schools: 908 (national mean = 1000).

Can you afford it on your salary?

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

Closest to the $88,400/yr the 30% rule needs is highlighted.

Rent details

2 BR
$490/wk
3 BR
$580/wk
Annual change
+2.0%
Quarterly change
-3.8%

Suburb affordability ledger

ABS Census 2021 · rent vs household income

Median household income
$1,174/wk
Median age
39
Avg household size
2.4
Rent-to-income
43%

About renting in Pelaw Main

Pelaw Main is located in Newcastle, NSW. The median weekly rent is $510, meaning a single person needs to earn at least $88,400 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.