Postcode ATO 2023–24
Southbank 3006 income
The median taxable income for Southbank postcode 3006 was $57,373 in 2023–24, and the average taxable income was $92,347 (ATO Table 8).
21,396 individuals; ranked 225 of 594 in VIC; ranked 1,018 of 2,283 nationally by median taxable income.
21,396
individuals, ATO 2023–24
ATO Table 8
$57,373
median taxable income, ATO 2023–24
ATO Table 8
$92,347
average taxable income, ATO 2023–24
ATO Table 8
225
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,018
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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 ($92,347) is more than 1.5 times median taxable income ($57,373) in this postcode (ATO 2023–24, Table 8). A few very high incomes sit well above the middle of the distribution and pull the average up.
Taxable income by year
Vertical axis: Taxable income ($), 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 | $34,711 | $47,190 |
| 2013–14 | $49,748 | $68,055 |
| 2014–15 | $49,880 | $71,389 |
| 2015–16 | $50,067 | $70,515 |
| 2016–17 | $48,768 | $69,895 |
| 2017–18 | $48,515 | $68,855 |
| 2018–19 | $50,869 | $70,688 |
| 2019–20 | $50,125 | $68,827 |
| 2020–21 | $51,938 | $70,851 |
| 2021–22 | $56,352 | $76,236 |
| 2022–23 | $58,169 | $75,640 |
| 2023–24 | $57,373 | $92,347 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 3,947 | $34,711 | $47,190 |
| 2013–14 | 10,470 | $49,748 | $68,055 |
| 2014–15 | 11,375 | $49,880 | $71,389 |
| 2015–16 | 12,289 | $50,067 | $70,515 |
| 2016–17 | 12,721 | $48,768 | $69,895 |
| 2017–18 | 13,887 | $48,515 | $68,855 |
| 2018–19 | 15,055 | $50,869 | $70,688 |
| 2019–20 | 16,466 | $50,125 | $68,827 |
| 2020–21 | 17,497 | $51,938 | $70,851 |
| 2021–22 | 18,268 | $56,352 | $76,236 |
| 2022–23 | 20,145 | $58,169 | $75,640 |
| 2023–24 | 21,396 | $57,373 | $92,347 |
ATO Table 8
15.33%
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 3006, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| South Melbourne 3205 | 42 | |
| Melbourne 3004 | 75 | |
| Docklands 3008 | 131 | |
| Southbank 3006 | 225 | |
| Melbourne 3000 | 594 |
ATO Table 8; boundaries from the ABS
Where it sits in Melbourne
Southbank 3006 ranks 4 of 9 postcodes in the Melbourne local government area by median taxable income (ATO 2023–24, Table 8). About 99% of postcode 3006 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 |
|---|---|---|
| East Melbourne 3002 | 1 | |
| Kensington 303161% of this postcode is in the LGA | 2 | |
| Docklands 3008 | 3 | |
| Southbank 300699% of this postcode is in the LGA | 4 | |
| North Melbourne 3051 | 5 | |
| West Melbourne 3003 | 6 | |
| Parkville 3052 | 7 | |
| Carlton 3053 | 8 | |
| Melbourne 3000 | 9 |
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 |
|---|---|---|
| Mount Waverley 3149 | 220 | $57,477 |
| Bunyip 3815 | 221 | $57,456 |
| Templestowe 3106 | 222 | $57,453 |
| Broadford 3658 | 223 | $57,432 |
| Bulla 3428 | 224 | $57,419 |
| Highton 3216 | 226 | $57,369 |
| Darnum 3822 | 227 | $57,353 |
| Scoresby 3179 | 228 | $57,296 |
| Wodonga 3690 | 229 | $57,290 |
| Avenel 3664 | 230 | $57,265 |
ATO Table 8