Home/VIC/Spotswood

You need $78,867/yr
to live in Spotswood

Based on government bond data

1BR median rent
$455/wk
Annual change
Rental stress
No
i
Rent data is reported as a grouped area
Homes Victoria publishes a single median for Spotswood together with Newport. The figures shown here apply to the whole grouped area.

Location

Melbourne, VIC

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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
$620/wk
Rent share
49%
You'd have $634/wk left after rent

Weekly budget breakdown

$879/week total

Rent
$455/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk

Rent details

1 BR
$455/wk
2 BR
$575/wk
3 BR
$725/wk
4+ BR
$925/wk
Annual change
Quarterly change

Suburb snapshot

ABS Census 2021

Median household income
$2,460/wk
Median age
37
Avg household size
2.6
Rent-to-income
25%

About renting in Spotswood

Spotswood is located in Melbourne, VIC. The median weekly rent is $620, meaning a single person needs to earn at least $78,867 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.