You'll need $95,333/yr to live in Verges Creek.
The 30%-rule benchmark for a single person, based on quarterly government bond data.
Location
Port Macquarie, NSW
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 Verges Creek
Closest to the $95,333/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 Verges Creek
Verges Creek's median weekly rent is $550 a week, a little under the middle of the 116 Port Macquarie suburbs NestLedger tracks, with 42 tracked suburbs coming in cheaper. It is not a bargain pocket, but renters get in below the local median.
Rents have been broadly steady over the past year (+1.9%). Stability makes budgeting easier, though it says nothing about how the suburb compares on price.
Using the 30% affordability benchmark, a single renter needs about $95,333 a year to take on Verges Creek's median weekly rent without overextending (based on the $550/wk all-dwellings median, single household). On the local median household income, Verges Creek sits in rental stress: the median rent takes more than 30% of gross income.
If Verges Creek stretches the budget, the nearest cheaper options NestLedger tracks are East Kempsey ($525/wk), South Kempsey ($525/wk), Kempsey ($525/wk), close enough to keep the same commute patterns while cutting the weekly rent.
Is Verges Creek expensive to rent in?
Verges Creek's median weekly rent is $550/wk, below the middle of the 116 Port Macquarie suburbs NestLedger tracks (42 tracked suburbs are cheaper).
What salary do I need to rent in Verges Creek?
About $95,333 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $550/wk all-dwellings median, single household.
Is rent in Verges Creek going up?
Over the past year the median weekly rent moved +1.9%.
What are cheaper suburbs near Verges Creek?
East Kempsey at $525/wk, South Kempsey at $525/wk, Kempsey at $525/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.