Income and asset eligibility limits
You'll need to meet income and asset limits to be eligible for:
- public and Aboriginal housing
- community housing
- help paying bond or rent
- having a public or Aboriginal housing lease agreement transferred into your name if you're not the tenant's partner.
If you're registering your interest in community housing there are some income payment exclusions listed in eligibility procedure .
If you're applying for help paying bond and rent, you'll need to meet both the income limits and the cash asset limits.
Income limits effective from 3 May 2017.
Income limits are rounded to the nearest dollar. Annual income limits are based on the actual weekly income before rounded up.
|Household type||Maximum weekly income before tax||Maximum annual income before tax|
|Single person with one child||$1,279||$66,499|
|Single person with two children||$1,429||$74,322|
|Single person with three children||$1,580||$82,146|
|Single person with four or more children||$1,805||$93,881|
|Couple with one child||$1,429||$74,322|
|Couple with two children||$1,580||$82,146|
|Couple with three children||$1,805||$93,881|
|Couple with four or more children||$2,031||$105,616|
An independent income is a regular income paid directly to you and is the minimum amount of income you can have to be considered for:
- public or Aboriginal housing
- help paying bond or rent.
It can include, but isn't limited to:
- payments from Centrelink or similar - eg Veterans' Affairs
- a wage or salary - eg full time, part-time, or casual work
- investment income
- interest paid directly to you.
Your income must be at least equal to Centrelink's maximum youth allowance payment for a single person not living at their parent's home.
Asset limits for public and community housing
|Household type||Maximum asset value|
|Households headed by a single person||$465,500|
|Households headed by a couple||$594,500|
Assets can include:
- cash lodged with a financial institution
- real estate - eg vacant land
- shares, bonds and investments
- household and personal effects
- cars, boats and motorhomes
- any debts currently owed to you
- overseas assets converted to Australian dollars.
Cash asset limits for help paying bond or rent
|Household type||Maximum cash asset value|
|Households headed by a single person||$5,000|
|Households headed by a couple|
Cash assets are any money or funds readily available to you. It can include:
- cash in the bank
- term deposit