ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

South Yarra 3141 income

The median taxable income for South Yarra postcode 3141 was $72,858 in 2023–24, and the average taxable income was $119,816 (ATO Table 8).

19,596 individuals; ranked 23 of 594 in VIC; ranked 168 of 2,283 nationally by median taxable income.

19,596

individuals, ATO 2023–24

ATO Table 8

$72,858

median taxable income, ATO 2023–24

ATO Table 8

$119,816

average taxable income, ATO 2023–24

ATO Table 8

23

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

168

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where South Yarra 3141 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where South Yarra 3141 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $72,858 $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 South Yarra 3141 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 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 (includes this one) 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 ($119,816) is more than 1.5 times median taxable income ($72,858) 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, South Yarra 3141, ATO 2023–24
Median and average taxable income by year, South Yarra 3141, ATO 2023–24 $0 $50,000 $100,000 $150,000 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, South Yarra 3141, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $36,559$55,568
2013–14 $53,088$98,607
2014–15 $54,170$98,625
2015–16 $55,585$99,538
2016–17 $58,110$98,178
2017–18 $60,798$106,257
2018–19 $63,833$104,310
2019–20 $65,707$104,577
2020–21 $66,346$117,464
2021–22 $70,554$128,008
2022–23 $70,962$120,207
2023–24 $72,858$119,816

ATO Table 8

Taxable income by year, postcode 3141, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–0412,788$36,559$55,568
2013–1416,455$53,088$98,607
2014–1516,967$54,170$98,625
2015–1617,587$55,585$99,538
2016–1718,360$58,110$98,178
2017–1818,844$60,798$106,257
2018–1919,027$63,833$104,310
2019–2018,714$65,707$104,577
2020–2118,177$66,346$117,464
2021–2218,289$70,554$128,008
2022–2319,168$70,962$120,207
2023–2419,596$72,858$119,816

ATO Table 8

37.24%

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 3141, from ABS postal area boundaries (2021).

Median taxable income in 3141 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Toorak 3142$82,8732
Richmond 3121$78,4828
Prahran 3181$73,91521
South Yarra 3141$72,85823
Melbourne 3004$66,11175

ATO Table 8; boundaries from the ABS

Where it sits in Stonnington

South Yarra 3141 ranks 6 of 7 postcodes in the Stonnington local government area by median taxable income (ATO 2023–24, Table 8). About 84% of postcode 3141 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.

Postcodes in the Stonnington local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Toorak 31421$82,873
Armadale 31432$81,445
Malvern 31443$79,322
Glen Iris 314637% of this postcode is in the LGA4$74,523
Prahran 318197% of this postcode is in the LGA5$73,915
South Yarra 314184% of this postcode is in the LGA6$72,858
Malvern East 314595% of this postcode is in the LGA7$66,598

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 3141 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Elwood 318418$74,342
Fairfield 307819$74,063
Hawthorn East 312320$74,018
Prahran 318121$73,915
Williamstown 301622$73,607
Abbotsford 306724$72,728
Hampton 318825$72,486
Brunswick East 305726$72,473
Sandringham 319127$72,180
Moonee Ponds 303928$72,050

ATO Table 8