You'll need $114,400/yr to live in Springfield Lakes.
The 30%-rule benchmark for a single person, based on quarterly government bond data.
Location
Ipswich, QLD
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 Springfield Lakes
Closest to the $114,400/yr the 30% rule needs is highlighted.
Rent details
Suburb affordability ledger
ABS Census 2021 (income WPI-indexed to 2026) · rent vs household income
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.
Nearby suburbs
About renting in Springfield Lakes
Springfield Lakes's median weekly rent is $660 a week, placing it in the most expensive quarter of the 56 Ipswich suburbs NestLedger tracks. This is premium territory for the area, and budget-focused renters usually look at least one suburb further out.
Rents have climbed a moderate 5.6% over the past year. Bond-lodgement medians go from $600 in 2024-Q2 to $660 in 2026-Q1. That is a steady drift upward rather than a spike, but it still compounds against a flat salary.
Using the 30% affordability benchmark, a single renter needs about $114,400 a year to take on Springfield Lakes's median weekly rent without overextending (based on the $660/wk all-dwellings median, single household). On the local median household income, Springfield Lakes stays under the 30% line: the typical household here is not in rental stress.
If Springfield Lakes stretches the budget, the nearest cheaper options NestLedger tracks are Springfield Central ($270/wk), Springfield ($650/wk), close enough to keep the same commute patterns while cutting the weekly rent.
Is Springfield Lakes expensive to rent in?
Springfield Lakes's median weekly rent is $660/wk, above the middle of the 56 Ipswich suburbs NestLedger tracks (47 tracked suburbs are cheaper).
What salary do I need to rent in Springfield Lakes?
About $114,400 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $660/wk all-dwellings median, single household.
Is rent in Springfield Lakes going up?
Over the past year the median weekly rent moved +5.6%, from $600 in 2024-Q2 to $660 in 2026-Q1.
What are cheaper suburbs near Springfield Lakes?
Springfield Central at $270/wk, Springfield at $650/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.