SpendVerdict

Salary guide · AU

Accountant salary in Melbourne: can you afford rent?

A Accountant in Melbourne typically earns A$59,000A$133,000/year, with a median around A$85,000/year. Median 1-bedroom rent is A$2,300/month.

Affordability verdict

Manageable

At a typical Accountant salary of A$85,000/year, spending on median Melbourne rent (A$2,300/mo) would take up 32% of gross income. That's above the 30% guideline but not uncommon — a manageable situation.

Accountant salary range in Melbourne

A$59,000

Entry level

lower quartile

A$85,000

Typical

median estimate

A$133,000

Experienced

upper quartile

Accountants prepare and examine financial records, ensure tax compliance, and advise on financial strategy. Figures are gross annual salary estimates for Melbourne.

How much rent can a Accountant afford?

25% of income (comfortable)A$1,771/mo
30% of income (standard)A$2,125/mo
35% of income (stretch)A$2,479/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 Housing Expenditure Survey 2022–23 · 2023

Check your own rent affordability →

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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?