ATO Taxation Statistics 2023–24 edition

How to read the figures

Menu

Postcode ATO 2023–24

Balwyn 3103 income

The median taxable income for Balwyn postcode 3103 was $54,476 in 2023–24, and the average taxable income was $99,593 (ATO Table 8).

10,927 individuals; ranked 295 of 594 in VIC; ranked 1,301 of 2,283 nationally by median taxable income.

10,927

individuals, ATO 2023–24

ATO Table 8

$54,476

median taxable income, ATO 2023–24

ATO Table 8

$99,593

average taxable income, ATO 2023–24

ATO Table 8

295

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

1,301

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Balwyn 3103 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Balwyn 3103 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $54,476 $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 Balwyn 3103 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 (includes this one) 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 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 ($99,593) is more than 1.5 times median taxable income ($54,476) 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

Median and average taxable income by year, Balwyn 3103, ATO 2023–24
Median and average taxable income by year, Balwyn 3103, 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, Balwyn 3103, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $33,965$51,946
2013–14 $44,265$82,832
2014–15 $45,003$80,814
2015–16 $45,771$83,541
2016–17 $44,882$79,923
2017–18 $46,745$86,118
2018–19 $47,806$86,785
2019–20 $46,889$86,917
2020–21 $47,899$89,428
2021–22 $49,450$94,720
2022–23 $51,752$96,146
2023–24 $54,476$99,593

ATO Table 8

Taxable income by year, postcode 3103, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–0410,201$33,965$51,946
2013–1410,112$44,265$82,832
2014–1510,192$45,003$80,814
2015–1610,199$45,771$83,541
2016–1710,412$44,882$79,923
2017–1810,521$46,745$86,118
2018–1910,741$47,806$86,785
2019–2010,661$46,889$86,917
2020–2110,560$47,899$89,428
2021–2210,580$49,450$94,720
2022–2310,807$51,752$96,146
2023–2410,927$54,476$99,593

ATO Table 8

23.07%

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 3103, from ABS postal area boundaries (2021).

Median taxable income in 3103 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Kew 3101$70,00039
Canterbury 3126$68,25950
Surrey Hills 3127$65,50283
Balwyn North 3104$57,008237
Balwyn 3103$54,476295
Box Hill North 3129$53,114333

ATO Table 8; boundaries from the ABS

Where it sits in Boroondara

Balwyn 3103 ranks 11 of 11 postcodes in the Boroondara 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 Boroondara local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Glen Iris 314663% of this postcode is in the LGA1$74,523
Hawthorn East 31232$74,018
Hawthorn 31223$70,866
Kew 31014$70,000
Canterbury 31265$68,259
Kew East 31026$67,033
Camberwell 31247$66,868
Ashburton 314753% of this postcode is in the LGA8$66,099
Surrey Hills 312745% of this postcode is in the LGA9$65,502
Balwyn North 310499% of this postcode is in the LGA10$57,008
Balwyn 310311$54,476

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 3103 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Nagambie 3608290$54,612
Harkness 3337291$54,611
Strathdale 3550292$54,524
East Geelong 3219293$54,495
Warrnambool 3280294$54,484
Nhill 3418296$54,399
Wangaratta 3677297$54,363
Horsham 3400298$54,350
Sale 3850299$54,343
Echuca 3564300$54,300

ATO Table 8