Australia’s richest and poorest postcodes revealed

By:

Want to know where Australia’s biggest income earners live? Sydney+suburbs

The latest taxation statistics for 2017-18 which are based on the tax returns of 14.3 million Australians tell us where they are.

Seven of the nation’s average highest-earning postcodes are in NSW, while six of the lowest-earning postcodes are in Queensland.

Sydney’s eastern suburbs dominated the list of Australia’s areas with the highest taxable incomes, topped by Double Bay residents with $242,428.

Ten highest earning postcodes 2017-18

Postcode Suburb Average Taxable Income
NSW 2028 DOUBLE BAY $242,428
NSW 2027 DARLING POINT, EDGECLIFF, HMAS RUSHCUTTERS, POINT PIPER $198,828
VIC 3142 HAWKSBURN, TOORAK $196,816
NSW 2023 BELLEVUE HILL $193,440
VIC 3002 EAST MELBOURNE $185,437
NSW 2030 DOVER HEIGHTS, HMAS WATSON, ROSE BAY NORTH, VAUCLUSE,

WATSONS BAY

$181,954
NSW 2110 HUNTERS HILL, WOOLWICH $177,615
NSW 2088 MOSMAN, SPIT JUNCTION $171,904
NSW 2063 NORTHBRIDGE $169,142
WA 6011 COTTESLOE, PEPPERMINT GROVE $167,090

Top income earning postcodes in NSW

Top income earning postcode

Source:  ATO and Sydney Morning Herald

Top income earning postcodes in Victoria

 Top income earning postcodes in Victoria

Source:  ATO and Sydney Morning Herald

Ten lowest-earning postcodes

The nation’s poorest income earners mostly reside in small towns in Queensland.

Postcode 4732, which takes in Muttaburra and Tablederry in central-west Queensland, has the lowest average taxable income in the country at $14,681.

And third-lowest was NSW’s 2308 — the Newcastle University, Callaghan area — with an average income of $21,054.

Postcode Suburb Average Taxable Income
QLD 4732 TABLEDERRY, MUTTABURRA $14,681
QLD 4426 JACKSON, JACKSON NORTH, JACKSON SOUTH $19,396
NSW 2308 NEWCASTLE UNIVERSITY, CALLAGHAN $21,054
QLD 4611 MONDURE, MARSHLANDS $22,524
QLD 4467 MUNGALLALA, TYRCONNEL, REDFORD $22,795
SA 5308 GALGA, MANTUNG, COPEVILLE, PERPONDA, MERCUNDA $24,714
NSW 2387 BULYEROI, ROWENA $25,623
VIC 3889 ERRINUNDRA, MANORINA, CLUB TERRACE, COMBIENBAR,

BEMM RIVER, CABBAGE TREE CREEK, BELLBIRD CREEK

$27,079
QLD 4612 KAWL KAWL, HIVESVILLE, KEYSLAND, STONELANDS, WIGTON $27,617
QLD 4423 TEELBA, GLENMORGAN $27,722


icon-podcast-large

Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.

icon-email-large

Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.


About

is a Property Strategist with an accounting background and over 30 years’ Commercial Banking experience. She is a passionate property investor who enjoys helping her clients create wealth through property investment using Metropole’s strategic approach.
Welcome to Metropole Melbourne


'Australia’s richest and poorest postcodes revealed' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.
CAPTCHA Image

*


Copyright © Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts