Port Macquarie · NSW · 2431

You'll need $84,933/yr to live in Summer Island.

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

Median rent
$490/wk
Annual rent change
+1.0%
Rental stress (median income)
No
Bonds lodged
62

Location

Port Macquarie, NSW

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Rent trend

Quarterly median rent

Schools

1 primary, 0 secondary within 3km

Closest primary
Kinchela Public School3km · 951
Smithtown Public School4.2km · 885
Gladstone Public School4.8km · 1004
Closest secondary
None within 10km

Average ICSEA across nearby schools: 951 (national mean = 1000).

Can you afford it on your salary?

Pick your bracket — see weekly leftover, budget breakdown and cheaper alternatives in Summer Island

Closest to the $84,933/yr the 30% rule needs is highlighted.

Rent details

2 BR
$400/wk
3 BR
$550/wk
4+ BR
$600/wk
Annual change
+1.0%
Quarterly change
-7.5%

Suburb affordability ledger

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

Household income (est. 2026)
$2,478/wk
Median age
41
Avg household size
3.1
Rent-to-income
20%

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 Summer Island

Summer Island is located in Port Macquarie, NSW. The median weekly rent is $490, meaning a single person needs to earn at least $84,933 per year to keep rent below 30% of income (based on the $490/wk all-dwellings median, single household).

This suburb affordability view is one layer of your NestLedger — rent, salary and household cost context for Australian money decisions.

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.