You need $69,334/yr
to live in The Gulf
Based on government bond data
1BR median rent
$400/wk
Annual change
-2.4%
Rental stress
—
Location
Armidale, NSW
Loading map...
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
$400/wk
Rent share
32%
You'd have $854/wk left after rent
Weekly budget breakdown
$824/week total
Rent
$400/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
Annual change
-2.4%
Quarterly change
0.0%
Suburb snapshot
ABS Census 2021
Median household income
$0/wk
Median age
0
Avg household size
0
Rent-to-income
—
Nearby suburbs
Glen Nevis
NSW
$373/wk
$64,654/yr
+6.4%
Kookabookra
NSW
$373/wk
$64,654/yr
+6.4%
Chaelundi
NSW
$400/wk
$69,334/yr
-2.4%
Moggs Swamp
NSW
$373/wk
$64,654/yr
+6.4%
Marengo
NSW
$400/wk
$69,334/yr
-2.4%
Wards Mistake
NSW
$463/wk
$52,000/yr
+5.1%
About renting in The Gulf
The Gulf is located in Armidale, NSW. The median weekly rent is $400, meaning a single person needs to earn at least $69,334 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.