You need $126,187/yr
to live in Waverton
Based on government bond data
1BR median rent
$728/wk
Annual change
+5.6%
Rental stress
No
Location
Sydney, NSW
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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
$850/wk
Rent share
68%
You'd have $404/wk left after rent
Weekly budget breakdown
$1,152/week total
Rent
$728/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
1 BR
$728/wk
2 BR
$1,000/wk
3 BR
$1,300/wk
Annual change
+5.6%
Quarterly change
+6.3%
Suburb snapshot
ABS Census 2021
Median household income
$2,890/wk
Median age
39
Avg household size
2.1
Rent-to-income
29%
Nearby suburbs
Wollstonecraft
NSW
$895/wk
$128,267/yr
+5.3%
McMahons Point
NSW
$850/wk
$126,187/yr
+5.6%
Lavender Bay
NSW
$850/wk
$126,187/yr
+5.6%
North Sydney
NSW
$850/wk
$126,187/yr
+5.6%
Crows Nest
NSW
$895/wk
$128,267/yr
+5.3%
Milsons Point
NSW
$875/wk
$130,000/yr
+2.9%
About renting in Waverton
Waverton is located in Sydney, NSW. The median weekly rent is $850, meaning a single person needs to earn at least $126,187 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.