Top 10 wealthy postcodes in Australia

Want to know the wealthiest postcodes in Australia?

Well, whether it’s the upscale coffee culture, the weekly farmers market or the yacht advocates popping Moet with their Sunday brunch, it is no surprise that Sydney’s harbourside suburbs have been named Australia’s wealthiest areas, according to data released by the Australian Taxation Office. sydney culture cafe lifestyle people population social friend happy

The average income for a person living within the postcode 2027 is $200,000, according to tax returns for the 2013-14 financial year, up from $170,000 in 2012-13.

The 2027 postcode encompasses the harbourside suburbs of Darling Point, Edgecliff and Point Piper, and falls within Prime Minister Malcolm Turnbull’s electorate.

Victoria’s exclusive playground for the rich and famous,Toorak, came in at number two on the list, with the average person residing in postcode 3142 reporting a taxable income of $167,407 in 2013-14.

Resident’s in Mosman and Spit Junction in inner Sydney are biting at Toorak’s heels, however, with a mean taxable income of $161,579.

Here are the wealthiest postcodes in Australia, according to the ATO:

1. 2027 – Darling Point, Edgecliff, Point Piper NSW

Mean taxable income for 2013-14: $200,015

2. 3142 – Toorak, Hawksburn VICmelbourne city park happy peace victoria garden

Mean taxable income for 2013-14: $167,407

3. 2088 – Mosman, Spit Junction NSW

Mean taxable income for 2013-14:$161,579

4. 2023 – Bellevue Hill NSW

Mean taxable income for 2013-14: $155,172

5. 2030 – Dover Heights, Rose Bay North, Vaucluse, Watsons Bay NSW

Mean taxable income for 2013-14: $154,010

6. 6011 – Peppermint Grove, Cottesloe WA

Mean taxable income for 2013-14: $152,792

7. 2063 – Northbridge NSW

 Mean taxable income for 2013-14: $152,050

8. 2110 – Hunters Hill, Woolwich NSW

Mean taxable income for 2013-14: $149,761

9. 3944 – Portsea VIC

Mean taxable income for 2013-14: $141,172

10. 6009 – Broadway Nedlands, Crawley, Dalkeith, Nedlands WA

Mean taxable income for 2013-14: $133,958

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Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He's been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit

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