You need $156,000/yr
to live in Queens Park
Based on government bond data
1BR median rent
$900/wk
Annual change
+5.3%
Rental stress
No
Location
Sydney, NSW
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Rent trend
Quarterly median rent
Can you afford it?
Enter your gross salary to check
$85,000
Weekly take-home
$1,254/wk
Weekly rent
$1,000/wk
Rent share
80%
You'd have $254/wk left after rent
Weekly budget breakdown
$1,324/week total
Rent
$900/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$900/wk
2 BR
$1,200/wk
3 BR
$1,750/wk
4+ BR
$1,800/wk
Annual change
+5.3%
Quarterly change
+1.5%
Suburb snapshot
ABS Census 2021
Median household income
$3,441/wk
Median age
40
Avg household size
2.6
Rent-to-income
29%
Nearby suburbs
Bondi Junction
NSW
$1,000/wk
$156,000/yr
+5.3%
Waverley
NSW
$1,020/wk
$131,734/yr
+2.0%
Centennial Park
NSW
$900/wk
$117,000/yr
+12.5%
Bronte
NSW
$1,020/wk
$131,734/yr
+2.0%
Woollahra
NSW
$1,100/wk
$126,534/yr
+10.0%
Bondi
NSW
$1,150/wk
$147,334/yr
+15.0%
About renting in Queens Park
Queens Park is located in Sydney, NSW. The median weekly rent is $1,000, meaning a single person needs to earn at least $156,000 per year to keep rent below 30% of income.
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.