Can you carry this rent?

Housing researchers in Australia often describe a household as under rental stress when rent takes more than 30% of gross income. It is a budgeting benchmark. It is not a rule in the tenancy Act, and it does not know your debts, dependants, or whether the income is casual.

This check converts both figures to a week (a month is treated as one twelfth of a 52-week year) and shows the percentage. To see the middle rent from new bonds in a postcode, use the RTA median rents quick finder (opens in a new tab). We don’t store a median here.