Australia's richest and poorest postcodes revealed

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Ten highest earning postcodes 2017-18
Top income earning postcodes in NSW
Top income earning postcodes in Victoria
Ten lowest-earning postcodes

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

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

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

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About Rita Thomas

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.
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