Western Australia’s Cottesloe and Peppermint Grove the top-earning area while five of the lowest are in regional NSW
Australia’s highest and lowest income suburbs have been revealed in new data released by the Australian Taxation Office.
They were followed by Sydney postcode 2027, containing the high-income suburbs of Darling Point and Edgecliff which have an average taxable income of $205,957. He said people can claim managing their own tax affairs, as well as litigation costs for managing their own tax affairs, as an allowable tax deduction.
The average taxable income for Australians rose by just 2.1% compared to the previous tax year, bringing the figure up to $63,882.
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