Australia’s prime 10 richest postcodes are revealed – and one metropolis dominates the record

Australia’s prime 10 richest postcodes have been revealed with Sydney dominating the record.

Double Bay on Sydney Harbour – typically nicknamed ‘Double Pay’ – was once more topped Australia’s richest postcode with a mean taxable earnings of $354,308 within the 2021-22 monetary 12 months – or greater than 3 times the typical, full-time wage of $98,218.

Sydney’s jap suburbs had 5 locations on the highest 10 record of highest-earning postcodes, with town’s decrease north shore and northern seashores having one other two positions.

Melbourne had two spots on the highest ten record whereas Perth had one elite postcode, as Sydney took out seven of the highest 10 positions based mostly on common salaries minus tax deductions for work and renting out a property. 

Perth’s Cottesloe, the house of mining billionaire Andrew Forrest, was second on the record, with a mean, taxable earnings of $295,283. 

Double Bay on Sydney Harbour – typically nicknamed ‘Double Pay’ – was once more Australia’s richest postcode with a mean taxable earnings of $354,308 within the 2021-22 monetary 12 months – or greater than 3 times the typical, full-time wage of $98,218

Melbourne entered the record in fourth place with Toorak within the metropolis’s inside east having a mean, taxable earnings of $266,020, behind Darling Level and Level Piper’s $269,777 in Sydney’s east.

Bellevue Hill, additionally in Sydney’s east, was fifth with a mean, taxable earnings of $245,728, placing it forward of close by Dover Heights and Vaucluse on $239,974.

Portsea, on the sting of Melbourne’s Mornington Peninsula, was seventh with a taxable earnings of $221,867, and is residence to trucking magnate Lindsay Fox.

Palm Seashore, on the northern fringe of Sydney’s northern seashores, was eighth with a taxable earnings of $216,262, because the postcode greatest identified for the Barrenjoey Lighthouse and the set of House and Away.

Hunters Hill, on Sydney’s decrease north shore, was ninth with a taxable earnings of $215,456 with Woollahra, in Sydney’s east, rounding out the highest 10 with a mean earnings of $215,123. 

When it got here to essentially the most profitable professions, surgeons have been the most effective paid with a mean, taxable earnings of $460,356, adopted by anaethetists on $431,193, monetary sellers on $373,733, inside drugs specialists on $340,729, psychiatrists on $276,545, different medical practitioners on $255,754, mining engineers on $214,365, judges on $204,934, chief executives on $197,720, and monetary funding advisers on $185,834.

Simply 117,930 Australians earned $421,936 or extra – making them the highest 0.8 per cent of the nation’s 15,935,395 taxpayers. 

Perth 's Cottesloe Beach, the home of mining billionaire Andrew Forrest, was second on the list, with an average, taxable income of $295,283

Perth ‘s Cottesloe Seashore, the house of mining billionaire Andrew Forrest, was second on the record, with a mean, taxable earnings of $295,283

Melbourne entered the list in fourth place with Toorak in the city's inner east having an average, taxable income of $266,020, behind Darling Point and Point Piper's $269,777 in Sydney's east

Melbourne entered the record in fourth place with Toorak within the metropolis’s inside east having a mean, taxable earnings of $266,020, behind Darling Level and Level Piper’s $269,777 in Sydney’s east

AUSTRALIA’S RICHEST POSTCODES

1. DOUBLE BAY (2028): Common taxable earnings of $354,308

2. COTTESLOE, PEPPERMINT GROVE (6011): $295,283

3. DARLING POINT, POINT PIPER, EDGECLIFF (2027): $269,777 

4. TOORAK, HAWKSBURN (3142): $266,020 

5. BELLEVUE HILL (2023): $245,728 

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