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

Now is the time to take action and set yourself for the opportunities that will present themselves as the market moves on

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Rita Thomas

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.
Visit www.MelbourneBuyersAgent.com.au


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