Postcode ATO 2023–24
Balwyn North 3104 income
The median taxable income for Balwyn North postcode 3104 was $57,008 in 2023–24, and the average taxable income was $95,168 (ATO Table 8).
14,369 individuals; ranked 237 of 594 in VIC; ranked 1,057 of 2,283 nationally by median taxable income.
14,369
individuals, ATO 2023–24
ATO Table 8
$57,008
median taxable income, ATO 2023–24
ATO Table 8
$95,168
average taxable income, ATO 2023–24
ATO Table 8
237
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,057
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,000. The highlighted band holds this one.
Show data
| 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 (includes this one) | 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 | 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
Average taxable income ($95,168) is more than 1.5 times median taxable income ($57,008) in this postcode (ATO 2023–24, Table 8). A few very high incomes sit well above the middle of the distribution and pull the average up.
Taxable income by year
Vertical axis: Taxable income ($), 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
| Year | median taxable income | average taxable income |
|---|---|---|
| 2003–04 | $31,969 | $45,024 |
| 2013–14 | $43,566 | $68,773 |
| 2014–15 | $45,007 | $72,038 |
| 2015–16 | $45,278 | $71,648 |
| 2016–17 | $46,046 | $77,813 |
| 2017–18 | $46,153 | $80,434 |
| 2018–19 | $48,853 | $79,169 |
| 2019–20 | $48,646 | $80,000 |
| 2020–21 | $49,713 | $89,710 |
| 2021–22 | $52,318 | $93,672 |
| 2022–23 | $54,759 | $92,673 |
| 2023–24 | $57,008 | $95,168 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 13,375 | $31,969 | $45,024 |
| 2013–14 | 12,969 | $43,566 | $68,773 |
| 2014–15 | 12,966 | $45,007 | $72,038 |
| 2015–16 | 12,994 | $45,278 | $71,648 |
| 2016–17 | 13,158 | $46,046 | $77,813 |
| 2017–18 | 13,541 | $46,153 | $80,434 |
| 2018–19 | 13,555 | $48,853 | $79,169 |
| 2019–20 | 13,602 | $48,646 | $80,000 |
| 2020–21 | 13,529 | $49,713 | $89,710 |
| 2021–22 | 13,677 | $52,318 | $93,672 |
| 2022–23 | 14,109 | $54,759 | $92,673 |
| 2023–24 | 14,369 | $57,008 | $95,168 |
ATO Table 8
30.85%
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 3104, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Ivanhoe 3079 | 35 | |
| Kew East 3102 | 62 | |
| Bulleen 3105 | 217 | |
| Balwyn North 3104 | 237 | |
| Balwyn 3103 | 295 | |
| Box Hill North 3129 | 333 | |
| Doncaster 3108 | 418 |
ATO Table 8; boundaries from the ABS
Where it sits in Boroondara
Balwyn North 3104 ranks 10 of 11 postcodes in the Boroondara local government area by median taxable income (ATO 2023–24, Table 8). About 99% of postcode 3104 is inside this LGA.
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.
| Postcode | rank in the LGA by median taxable income | median taxable income |
|---|---|---|
| Glen Iris 314663% of this postcode is in the LGA | 1 | |
| Hawthorn East 3123 | 2 | |
| Hawthorn 3122 | 3 | |
| Kew 3101 | 4 | |
| Canterbury 3126 | 5 | |
| Kew East 3102 | 6 | |
| Camberwell 3124 | 7 | |
| Ashburton 314753% of this postcode is in the LGA | 8 | |
| Surrey Hills 312745% of this postcode is in the LGA | 9 | |
| Balwyn North 310499% of this postcode is in the LGA | 10 | |
| Balwyn 3103 | 11 |
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.
| Postcode | state rank by median taxable income | median taxable income |
|---|---|---|
| Mill Park 3082 | 232 | $57,097 |
| Malmsbury 3446 | 233 | $57,085 |
| Haven 3401 | 234 | $57,082 |
| Miners Rest 3352 | 235 | $57,054 |
| Knoxfield 3180 | 236 | $57,029 |
| Nyora 3987 | 238 | $56,986 |
| Nunawading 3131 | 239 | $56,969 |
| Baxter 3911 | 240 | $56,927 |
| Longwarry 3816 | 241 | $56,850 |
| Pakenham 3810 | 242 | $56,838 |
ATO Table 8