Table of contents
Australia’s richest and poorest postcodes revealed - featured image
By
A A A

Australia’s richest and poorest postcodes revealed

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


About Brett Warren is National Director of Metropole Properties and uses his two decades of property investment experience to advise clients how to grow, protect and pass on their wealth through strategic property advice.
No comments

Guides

Copyright © 2024 Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts