Salary guide · AU

Financial Analyst salary in Melbourne: can you afford rent?

A Financial Analyst in Melbourne typically earns A$67,000A$163,000/year, with a median around A$96,000/year. Median 1-bedroom rent is A$2,300/month.

Affordability verdict

Manageable

At a typical Financial Analyst salary of A$96,000/year, spending on median Melbourne rent (A$2,300/mo) would take up 29% of gross income. That's within the recommended 30% threshold — a manageable situation.

Financial Analyst salary range in Melbourne

A$67,000

Entry level

lower quartile

A$96,000

Typical

median estimate

A$163,000

Experienced

upper quartile

Financial analysts evaluate investment opportunities, analyse financial data, and advise businesses and individuals. Figures are gross annual salary estimates for Melbourne.

How much rent can a Financial Analyst afford?

25% of income (comfortable)A$2,000/mo
30% of income (standard)A$2,400/mo
35% of income (stretch)A$2,800/mo
Median Melbourne rentA$2,300/mo

Rent landscape in Melbourne

A$1,500

Budget

cheapest 10%

A$2,300

Median

most common

A$3,800

Premium

top 10%

1-bedroom equivalent. Consumer Affairs Victoria rental data + ABS CPI private rent component 2024 (note: ABS SIH 2023-24 cancelled Jul 2025; next SIH results expected 2027) · 2023–2024

Check your own rent affordability →

Frequently asked questions

What does a Financial Analyst earn in Melbourne?

A Financial Analyst in Melbourne typically earns between A$67,000 and A$163,000/year, with a median around A$96,000/year. Salaries vary by experience, employer, and sector.

Can a Financial Analyst afford to live in Melbourne?

At a typical Financial Analyst salary of A$96,000/year, median Melbourne rent (A$2,300/month) takes up 29% of gross income — within the recommended 30% threshold. Budget options in Melbourne start around A$1,500/month.

How much rent can a Financial Analyst afford in Melbourne?

On a median Financial Analyst salary of A$96,000/year, the recommended 30% rent budget is A$2,400/month. Compared to Melbourne's median rent of A$2,300/month, this means median-priced accommodation is within reach.

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Explore Melbourne further

Cost of living guide: MelbourneCan I afford A$1,500 rent in Melbourne?Can I afford A$2,000 rent in Melbourne?