ATO Taxation Statistics 2023–24 edition

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Ranking ATO 2023–24

Richest postcodes in Melbourne

Toorak 3142 had the highest median taxable income among postcodes with at least 500 individuals in Melbourne: $82,873 (ATO 2023–24, Table 8).

This ranking lists 50 postcodes by median taxable income, from highest to lowest.

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Methodology

  • Postcodes with fewer than 500 individuals in Melbourne are omitted.
  • Figures are from ATO Taxation Statistics 2023–24.
Richest postcodes in Melbourne by median taxable income, ATO 2023–24
1 Toorak 3142 $82,873 9,933
2 Albert Park 3206 $82,515 7,149
3 Armadale 3143 $81,445 7,113
4 Port Melbourne 3207 $79,599 12,160
5 Malvern 3144 $79,322 8,079
6 East Melbourne 3002 $79,301 3,900
7 Richmond 3121 $78,482 23,309
8 Yarraville 3013 $78,335 10,356
9 Newport 3015 $77,948 12,240
10 Mount Macedon 3441 $76,542 919
11 Collingwood 3066 $76,534 7,067
12 Portsea 3944 $75,809 656
13 Fitzroy North 3068 $75,692 13,227
14 Brighton 3186 $75,556 17,354
15 Glen Iris 3146 $74,523 18,080
16 Northcote 3070 $74,355 17,327
17 Elwood 3184 $74,342 11,148
18 Fairfield 3078 $74,063 8,718
19 Hawthorn East 3123 $74,018 11,118
20 Prahran 3181 $73,915 15,394
21 Williamstown 3016 $73,607 10,903
22 South Yarra 3141 $72,858 19,596
23 Abbotsford 3067 $72,728 7,140
24 Hampton 3188 $72,486 12,447
25 Brunswick East 3057 $72,473 10,574
26 Sandringham 3191 $72,180 7,355
27 Moonee Ponds 3039 $72,050 11,754
28 Highett 3190 $71,334 7,999
29 Elsternwick 3185 $70,869 9,604
30 Hawthorn 3122 $70,866 17,485
31 Fitzroy 3065 $70,801 7,417
32 Essendon 3040 $70,597 19,062
33 Caulfield North 3161 $70,511 12,301
34 Ivanhoe 3079 $70,488 12,511
35 Altona 3018 $70,408 8,749
36 Plenty 3090 $70,319 1,865
37 Yarrambat 3091 $70,150 1,138
38 Kew 3101 $70,000 17,340
39 Strathmore 3041 $69,716 9,144
40 Caulfield South 3162 $69,501 12,434
41 South Melbourne 3205 $69,273 9,671
42 Thornbury 3071 $69,255 12,622
43 Viewbank 3084 $68,983 17,790
44 Diamond Creek 3089 $68,741 8,445
45 Kensington 3031 $68,674 12,721
46 Pascoe Vale 3044 $68,612 18,709
47 Chelsea 3196 $68,514 16,723
48 Canterbury 3126 $68,259 5,661
49 Gisborne 3437 $68,248 7,878
50 Watsonia 3087 $68,243 5,501

ATO Table 8