What each type of home costs
| Home | Median rent | On $60k | On $80k | On $100k | Salary for rent under 30% of pay |
|---|---|---|---|---|---|
| All homes | $530 | 55% | 43% | 36% | $92,000 |
| 1-bedroom unit | $350 | 36% | 29% | 24% | $61,000 |
| 2-bedroom unit | $450 | 47% | 37% | 30% | $78,000 |
| 3-bedroom house | $520 | 54% | 42% | 35% | $91,000 |
A common guide is that rent above 30% of your gross income is "rental stress". In Greater Geelong, keeping the median rent under that line takes a salary of about $92,000, or a combined household income of that much if you rent with someone.
Nearby areas in Barwon South West
| Area | Median rent | On $80k |
|---|---|---|
| Warrnambool | $560 | 46% |
| Colac-Otway | $485 | 40% |
| Queenscliffe | $580 | 47% |
| Moyne | $470 | 38% |
| Surf Coast | $600 | 49% |
| Glenelg | $450 | 37% |
| Southern Grampians | $390 | 32% |
| Corangamite | $380 | 31% |
Cheaper nearby: Colac-Otway ($485), Moyne ($470), Glenelg ($450).
Based on 1,907 new leases in Greater Geelong in the June quarter 2026.
See your full take-home pay with the pay calculator, or compare rents across Victoria and NSW.
Rent data: Homes Victoria, Rental Report: quarterly median rents by local government area (June quarter 2026), CC BY 4.0 (DataVic), Homes Victoria (source). Median weekly rent for new leases. Take-home pay is our calculation with the ATO's 2026–27 withholding formulas.