You'll need $59,800/yr to live in Warrnambool.
The 30%-rule benchmark for a single person, based on quarterly government bond data.
Location
Warrnambool, VIC
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 Warrnambool
Closest to the $59,800/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 Warrnambool
Warrnambool's 1-bedroom median rent is $345 a week. NestLedger tracks too few priced suburbs in Warrnambool to rank Warrnambool against its neighbours meaningfully, so treat the figures below on their own terms.
Rents have climbed a moderate 4.2% over the past year. Bond-lodgement medians go from $460 in 2023-Q4 to $500 in 2025-Q3. 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 $59,800 a year to take on Warrnambool's 1-bedroom median rent without overextending (based on the $345/wk 1BR median, single household). On the local median household income, Warrnambool sits in rental stress: the median rent takes more than 30% of gross income.
If Warrnambool stretches the budget, the nearest cheaper options NestLedger tracks are Hamilton ($260/wk), Newtown ($318/wk), Delacombe ($300/wk), close enough to keep the same commute patterns while cutting the weekly rent.
Is Warrnambool expensive to rent in?
Warrnambool's 1-bedroom median rent is $345/wk. There are too few tracked suburbs in Warrnambool for a like-for-like ranking.
What salary do I need to rent in Warrnambool?
About $59,800 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $345/wk 1BR median, single household.
Is rent in Warrnambool going up?
Over the past year the 1-bedroom median rent moved +4.2%, from $460 in 2023-Q4 to $500 in 2025-Q3.
What are cheaper suburbs near Warrnambool?
Hamilton at $260/wk, Newtown at $318/wk, Delacombe at $300/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.