CostAtlas

Rent in Blackheath, Megalong and Megalong Valley (2785)

The median new lease in 2785 was $580 a week in January–September 2026, from 86 leases lodged with NSW Fair Trading. That is 28% below the Sydney median of $800, and 6th cheapest of 218 Sydney postcodes.

Rent by type of home

Most new leases here are houses, at a median $590 a week. Only home types with at least 10 new leases in January–September 2026 are shown.

HomeMedian rent ($/wk)New leases
2-bedroom house$55028
3-bedroom house$61033
4-bedroom house$65014

How rent has changed since 2021

Over the past year it rose 2%, against a 7% rise across Sydney.

$400$500$600$700$800$900202120222023202420252026Sydney $8002785 $550
2785Greater Sydney
Median weekly rent on new leases by quarter. Quarters with fewer than 15 leases in 2785 are left out. Source: NSW Fair Trading.

How much of a local wage the rent takes

A year of rent at the median takes 38% of one average local wage of $79,059, compared with 46% across Sydney. That is the 186th heaviest burden of 218 Sydney postcodes, below the city average. Housing costs above 30% of income are widely treated as housing stress; a household with two average wages would spend about 19%.

Wage: average salary and wages of all residents of 2785 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.

Getting your bond back

Of the 75 bonds refunded in 2785 in January–September 2026, 81% went back to the tenant in full and 4% went entirely to the landlord or agent. Across Sydney the figures are 63% and 12%, so tenants here are more likely than average to get their whole bond back (rank 3 of 214, where 1 is the highest full-refund rate).

The median bond was held for 650 days, about 21 months, compared with 575 days across Sydney. Bond records don't say why money went to the landlord: it can cover damage, cleaning or unpaid rent.

Compared with the region and Sydney

2785 is in the Outer West and Blue Mountains region, where the median new lease is $660 a week.

Median rent5-yr changeRent burdenFull bond back
2785$580–38%81%
Outer West and Blue Mountains$660+50%42%57%
Greater Sydney$800+60%46%63%

Other postcodes in Outer West and Blue Mountains

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.