Adelaide · SA · 5121

You'll need $100,533/yr to live in Penfield Gardens.

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

Median rent
$580/wk
Annual rent change
Rental stress (median income)
Yes
Bonds lodged
!
Limited data for this suburb
The data source publishes this suburb's median from a bond count too small to disclose (five or fewer), so the median rent and derived figures are less reliable and may swing between quarters. Treat them as indicative.

Location

Adelaide, SA

Rent trend

Quarterly median rent

Can you afford it on your salary?

Pick your bracket to see weekly leftover, budget breakdown and cheaper alternatives in Penfield Gardens

Closest to the $100,533/yr the 30% rule needs is highlighted.

Rent details

Annual change
Quarterly change

Suburb affordability ledger

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

Household income (est. 2026)
$1,880/wk
Median age
48
Avg household size
3
Rent-to-income
31%

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 Penfield Gardens

Penfield Gardens's median weekly rent is $580 a week, a little under the middle of the 526 Adelaide suburbs NestLedger tracks, with 214 tracked suburbs coming in cheaper. It is not a bargain pocket, but renters get in below the local median.

A note on reliability: this median comes from a small number of lodged bonds, so quarter-to-quarter movements in Penfield Gardens can swing on a handful of leases. Treat the figures as indicative rather than precise.

Using the 30% affordability benchmark, a single renter needs about $100,533 a year to take on Penfield Gardens's median weekly rent without overextending (based on the $580/wk all-dwellings median, single household). On the local median household income, Penfield Gardens sits in rental stress: the median rent takes more than 30% of gross income.

If Penfield Gardens stretches the budget, the nearest cheaper options NestLedger tracks are Penfield ($415/wk), Andrews Farm ($560/wk), Munno Para West ($570/wk), close enough to keep the same commute patterns while cutting the weekly rent.

Is Penfield Gardens expensive to rent in?

Penfield Gardens's median weekly rent is $580/wk, below the middle of the 526 Adelaide suburbs NestLedger tracks (214 tracked suburbs are cheaper).

What salary do I need to rent in Penfield Gardens?

About $100,533 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $580/wk all-dwellings median, single household.

Is rent in Penfield Gardens going up?

There is not yet enough quarterly bond data to describe a trend for Penfield Gardens.

What are cheaper suburbs near Penfield Gardens?

Penfield at $415/wk, Andrews Farm at $560/wk, Munno Para West at $570/wk, the closest tracked suburbs with a lower single-basis rent.

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, VIC DFFH, SA Consumer and Business Services via SA Housing Authority, and Tasmania Department of Justice rental bond data. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.