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Rent in Milperra (2214)

The median new lease in 2214 was $1,025 a week in January–September 2026, from 50 leases lodged with NSW Fair Trading. That is 28% above the Sydney median of $800, making it the 24th most expensive of 218 Sydney postcodes.

Rent by type of home

Most new leases here are houses, at a median $1,000 a week. Only home types with at least 10 new leases in January–September 2026 are shown.

HomeMedian rent ($/wk)New leases
3-bedroom house$95014
4-bedroom house$1,10020

How much of a local wage the rent takes

A year of rent at the median takes 63% of one average local wage of $85,040, compared with 46% across Sydney. That is the 7th heaviest burden of 218 Sydney postcodes, above the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 31%.

Wage: average salary and wages of all residents of 2214 in ATO Taxation Statistics 2023–24, indexed to 2026 with the NSW Wage Price Index. Renters usually earn less than the average resident, so the real burden for renters is likely higher.

Compared with the region and Sydney

2214 is in the South West region, where the median new lease is $690 a week.

Median rent5-yr changeRent burdenFull bond back
2214$1,025–63%–
South West$690+55%48%51%
Greater Sydney$800+60%46%63%

Other postcodes in South West

Source: NSW Fair Trading rental bond data (new leases and bond refunds, 2021–2026); ATO Taxation Statistics 2023–24. See the methodology for how these figures are calculated.