Anorak Posted August 2, 2017 Share Posted August 2, 2017 What's a reasonable rent to salary ratio to aim for, allowing for commuting in to near Central station? Quote Link to comment Share on other sites More sharing options...
Peach Posted August 2, 2017 Share Posted August 2, 2017 No matter where I lived I wouldn't want to spend more than 30% of my income on rent. There really is no hard and fast ratio, what you can afford/what you want to spend really depends on your salary and lifestyle. Quote Link to comment Share on other sites More sharing options...
ScottieGirl Posted August 2, 2017 Share Posted August 2, 2017 1 minute ago, Peach said: No matter where I lived I wouldn't want to spend more than 30% of my income on rent. There really is no hard and fast ratio, what you can afford/what you want to spend really depends on your salary and lifestyle. There is if you rent through an estate agent, they will reject your application if the rent is more than 35 to 40% of take home. 1 Quote Link to comment Share on other sites More sharing options...
Peach Posted August 2, 2017 Share Posted August 2, 2017 Never heard that one before.. Glad I don't rent. Quote Link to comment Share on other sites More sharing options...
Stella Ravens Posted August 3, 2017 Share Posted August 3, 2017 In Sydney, the average rent is a whopping 37.9% of average weekly earnings for NSW. Move into regional NSW and that percentage drops to a rather more manageable 22.4%. Quote Link to comment Share on other sites More sharing options...
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