You need $80,600/yr
to live in Russell Island
Based on government bond data
1BR median rent
$465/wk
Annual change
—
Rental stress
Yes
Location
Gold Coast, QLD
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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
$465/wk
Rent share
37%
You'd have $789/wk left after rent
Weekly budget breakdown
$889/week total
Rent
$465/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
2 BR
$440/wk
3 BR
$475/wk
Annual change
—
Quarterly change
—
Suburb snapshot
ABS Census 2021
Median household income
$756/wk
Median age
59
Avg household size
1.9
Rent-to-income
62%
Nearby suburbs
Macleay Island
QLD
$490/wk
$84,934/yr
—
Redland Bay
QLD
$750/wk
$130,000/yr
—
Jacobs Well
QLD
$1,300/wk
$225,334/yr
—
Victoria Point
QLD
$760/wk
$131,734/yr
—
Pimpama
QLD
$730/wk
$126,534/yr
—
Ormeau
QLD
$760/wk
$131,734/yr
—
About renting in Russell Island
Russell Island is located in Gold Coast, QLD. The median weekly rent is $465, meaning a single person needs to earn at least $80,600 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.