You need $91,867/yr
to live in Woodford Island
Based on government bond data
1BR median rent
$530/wk
Annual change
+10.4%
Rental stress
Yes
Location
Lismore, 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
$530/wk
Rent share
42%
You'd have $724/wk left after rent
Weekly budget breakdown
$954/week total
Rent
$530/wk
Groceries
$180/wk
Transport
$55/wk
Utilities
$55/wk
Insurance
$45/wk
Other
$89/wk
Rent details
3 BR
$545/wk
Annual change
+10.4%
Quarterly change
-3.6%
Suburb snapshot
ABS Census 2021
Median household income
$1,483/wk
Median age
50
Avg household size
2.5
Rent-to-income
36%
Nearby suburbs
South Arm
NSW
$530/wk
$91,867/yr
+10.4%
Ilarwill
NSW
$530/wk
$91,867/yr
+10.4%
Tyndale
NSW
$530/wk
$91,867/yr
+10.4%
Brushgrove
NSW
$430/wk
$74,534/yr
-12.7%
Lower Southgate
NSW
$430/wk
$74,534/yr
-12.7%
Gulmarrad
NSW
$530/wk
$91,867/yr
+10.4%
About renting in Woodford Island
Woodford Island is located in Lismore, NSW. The median weekly rent is $530, meaning a single person needs to earn at least $91,867 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.