Salary vs rent · Sydney
A$150,000 salary in Sydney: how much rent can you afford?
On A$150,000/year your monthly take-home budget (gross) is A$12,500/month. The median rent in Sydney is A$2,900, which would take 23.2% of your income — Comfortable.
Your monthly rent budget
Rent landscape in Sydney
A$1,800
14.4% of your salary
Budget rent
A$2,900
23.2% of your salary
Typical rent
A$4,800
38.4% of your salary
High-end rent
Renters in Sydney typically spend 25–47% of income on rent. At A$150,000/year, you have good room to cover the median rent comfortably.
Data confidence: medium · NSW Rental Bond Board + ABS CPI private rent component 2024 (note: ABS SIH 2023-24 cancelled Jul 2025 due to data quality; next SIH: 2025-26, results expected 2027) · 2023–2024
Frequently asked questions
How much rent can I afford on A$150,000/year in Sydney?
On A$150,000/year (A$12,500/month), a comfortable rent budget at 30% of gross income is A$3,750/month. At the stricter 25% threshold, you should aim for no more than A$3,125/month. Median rent in Sydney is A$2,900/month.
Is A$150,000/year a good salary in Sydney?
A$150,000/year compares to a Sydney median household income of around A$91,579/year. At this salary, median Sydney rent (A$2,900/month) would take 23% of gross income — within the 30% guideline.
What percentage of salary should go to rent in Sydney?
Financial advisors typically recommend spending no more than 30% of gross income on rent. In Sydney, where the typical renter spends 35% of income on rent, many residents find the 30% target difficult to achieve. On A$150,000/year, keeping rent at 30% means a maximum of A$3,750/month.
Other salaries in Sydney