Japonica

Yeah, me too, but according to the pay calculator (and I didn't plug in any settings to reduce tax, just put in 200K as is), it says $2539.15 is the weekly take home. So, $800 p/w is just over the recommended 30% on rent (30% of that weekly pay is $761.75)...of course that doesn't include insurance, utlitities (ugh), water, broadband... I guess 200K doesn't go as far as it used to...

IndieG

That may depend on the size of their mortgage if they also plan to buy

OzTennis

There's statistics and there's statistics.

North Balwyn - The median individual income is $629 per week and the median household income is $1787 per week.
The median rent in Balwyn North is $413 per week and the median mortgage repayment is $2243 per month.

I still think someone on $200K p.a. can easily reside in those 'burbs and I presume they will take some savings with them so won't be relying solely on income.