ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Watsonia 3087 income

The median taxable income for Watsonia postcode 3087 was $68,243 in 2023–24, and the average taxable income was $80,068 (ATO Table 8).

5,501 individuals; ranked 52 of 594 in VIC; ranked 318 of 2,283 nationally by median taxable income.

5,501

individuals, ATO 2023–24

ATO Table 8

$68,243

median taxable income, ATO 2023–24

ATO Table 8

$80,068

average taxable income, ATO 2023–24

ATO Table 8

52

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

318

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Watsonia 3087 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Watsonia 3087 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $68,243 $40,000 $60,000 $80,000 Median taxable income ($), ATO 2023–24

Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,000. The highlighted band holds this one.

Show data
Where Watsonia 3087 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Band Number of VIC postcodes
$34,000 to $35,999 3
$36,000 to $37,999 1
$38,000 to $39,999 2
$40,000 to $41,999 11
$42,000 to $43,999 22
$44,000 to $45,999 38
$46,000 to $47,999 46
$48,000 to $49,999 55
$50,000 to $51,999 54
$52,000 to $53,999 56
$54,000 to $55,999 50
$56,000 to $57,999 48
$58,000 to $59,999 44
$60,000 to $61,999 40
$62,000 to $63,999 27
$64,000 to $65,999 21
$66,000 to $67,999 22
$68,000 to $69,999 (includes this one) 15
$70,000 to $71,999 11
$72,000 to $73,999 8
$74,000 to $75,999 8
$76,000 to $77,999 3
$78,000 to $79,999 5
$80,000 to $81,999 1
$82,000 to $83,999 2
$84,000 to $85,999 0
$86,000 to $87,999 1

ATO Table 8

Taxable income by year

Median and average taxable income by year, Watsonia 3087, ATO 2023–24
Median and average taxable income by year, Watsonia 3087, ATO 2023–24 $0 $20,000 $40,000 $60,000 $80,000 $100,000 10-year gap 2003–04 2013–14 2018–19 2023–24 Tax year

Vertical axis: Taxable income ($), ATO 2023–24. Horizontal axis: Tax year.

No years are published between 2003–04 and 2013–14.

  • median taxable income
  • average taxable income
Show data
Median and average taxable income by year, Watsonia 3087, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $29,904$32,914
2013–14 $44,630$51,543
2014–15 $45,935$53,322
2015–16 $47,132$54,850
2016–17 $47,847$55,984
2017–18 $49,944$58,147
2018–19 $51,513$60,334
2019–20 $53,865$62,889
2020–21 $55,550$66,131
2021–22 $58,829$70,179
2022–23 $63,729$74,293
2023–24 $68,243$80,068

ATO Table 8

Taxable income by year, postcode 3087, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–045,341$29,904$32,914
2013–144,972$44,630$51,543
2014–155,095$45,935$53,322
2015–165,159$47,132$54,850
2016–175,235$47,847$55,984
2017–185,300$49,944$58,147
2018–195,430$51,513$60,334
2019–205,401$53,865$62,889
2020–215,351$55,550$66,131
2021–225,388$58,829$70,179
2022–235,446$63,729$74,293
2023–245,501$68,243$80,068

ATO Table 8

52.91%

ten-year growth in median taxable income, ATO 2023–24

from 2013–14 to 2023–24

ATO Table 8

Neighbouring postcodes

Postcodes that share a boundary with 3087, from ABS postal area boundaries (2021).

Median taxable income in 3087 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Watsonia 3087$68,24352
Greensborough 3088$66,89763
Macleod 3085$65,38685
Bundoora 3083$53,393324

ATO Table 8; boundaries from the ABS

Where it sits in Banyule

Watsonia 3087 ranks 3 of 9 postcodes in the Banyule local government area by median taxable income (ATO 2023–24, Table 8).

A postcode is listed under every LGA that holds at least 25% of it, so one that crosses a council boundary appears in more than one list.

Postcodes in the Banyule local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Ivanhoe 30791$70,488
Viewbank 30842$68,983
Watsonia 30873$68,243
Lower Plenty 30934$67,594
Montmorency 30945$67,418
Greensborough 308881% of this postcode is in the LGA6$66,897
Macleod 308583% of this postcode is in the LGA7$65,386
Heidelberg Heights 30818$60,174
Bundoora 308332% of this postcode is in the LGA9$53,393

ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)

Ranked next to it in VIC

Five postcodes above and five below in the same state, or fewer at either end of the ranking.

Postcodes ranked immediately above and below 3087 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Kensington 303147$68,674
Pascoe Vale 304448$68,612
Chelsea 319649$68,514
Canterbury 312650$68,259
Gisborne 343751$68,248
Carlton North 305453$68,201
Brighton East 318754$68,180
Brunswick 305655$67,752
Beaumaris 319356$67,738
Lower Plenty 309357$67,594

ATO Table 8