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Australia’s richest and poorest postcodes

30 April 2015 by News Desk

sydneyharbourbridge01Australia’s richest earners live in harbourside Sydney and they take home more than eight times the nation’s poorest, who live in rural NSW. Almost 6,000 of Australia’s highest earners fall within postcode 2027 which includes Edgecliff, Rushcutters Bay, Darling Point and Point Piper in Sydney. In this area the average income is $177,514, according to latest Taxation Statistics.

The poorest area is postcode 2403 in rural NSW which includes Myall Creek, Delungra and Gragin where the average income is $21,691.

Six of the top 10 richest are in the postcodes of inner and eastern Sydney, three were in Victoria, and one was in Perth. The nation’s second richest postcode is the town of St Andrews in Victoria, north-east of Melbourne.

The third richest postcode nationally is 2023, the eastern Sydney suburb of Bellevue Hill, where 6,945 people have average income of $143,112. In fourth place is postcode 6011 in Perth, including the suburbs of Cottesloe and Peppermint Grove, where average incomes are $142,504. The fifth is the Melbourne suburbs of Hawksburn and Toorak where average income is $142,000.

Of the poorest postcodes, seven are in regional NSW, two are in Queensland (4613 and 4626) and one is in Victoria (3637). This is a change from the last recorded figures when five of the 10 poorest postcodes were in Victoria. The second poorest postcode in the nation is 2359, which takes in Aberdeen, Bakers Creek and Bundarra. Here the average income is $24,742. The third poorest is 2361, taking in villages of Ashford, Atholdwood, Bonshaw, Limestone and Pindaroi, where the average income is $25,431.

 



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