ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

South Melbourne 3205 income

The median taxable income for South Melbourne postcode 3205 was $69,273 in 2023–24, and the average taxable income was $103,773 (ATO Table 8).

9,671 individuals; ranked 42 of 594 in VIC; ranked 269 of 2,283 nationally by median taxable income.

9,671

individuals, ATO 2023–24

ATO Table 8

$69,273

median taxable income, ATO 2023–24

ATO Table 8

$103,773

average taxable income, ATO 2023–24

ATO Table 8

42

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

269

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where South Melbourne 3205 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where South Melbourne 3205 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $69,273 $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 Melbourne 3205 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 (includes this one) 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

Taxable income by year

Median and average taxable income by year, South Melbourne 3205, ATO 2023–24
Median and average taxable income by year, South Melbourne 3205, ATO 2023–24 $0 $25,000 $50,000 $75,000 $100,000 $125,000 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 Melbourne 3205, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $37,625$51,923
2013–14 $54,690$81,888
2014–15 $55,112$80,476
2015–16 $57,310$89,561
2016–17 $58,874$85,837
2017–18 $60,116$88,994
2018–19 $62,542$89,971
2019–20 $64,622$91,661
2020–21 $66,388$96,179
2021–22 $69,271$106,903
2022–23 $69,917$108,040
2023–24 $69,273$103,773

ATO Table 8

Taxable income by year, postcode 3205, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–046,114$37,625$51,923
2013–147,177$54,690$81,888
2014–157,350$55,112$80,476
2015–167,294$57,310$89,561
2016–177,428$58,874$85,837
2017–188,033$60,116$88,994
2018–198,179$62,542$89,971
2019–208,010$64,622$91,661
2020–217,780$66,388$96,179
2021–228,340$69,271$106,903
2022–239,063$69,917$108,040
2023–249,671$69,273$103,773

ATO Table 8

26.66%

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 3205, from ABS postal area boundaries (2021).

Median taxable income in 3205 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Albert Park 3206$82,5153
Port Melbourne 3207$79,5995
South Melbourne 3205$69,27342
Melbourne 3004$66,11175
Docklands 3008$61,642131
Southbank 3006$57,373225

ATO Table 8; boundaries from the ABS

Where it sits in Port Phillip

South Melbourne 3205 ranks 4 of 7 postcodes in the Port Phillip 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 Port Phillip local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Albert Park 32061$82,515
Port Melbourne 32072$79,599
Elwood 31843$74,342
South Melbourne 32054$69,273
Melbourne 300478% of this postcode is in the LGA5$66,111
St Kilda East 318377% of this postcode is in the LGA6$65,938
St Kilda 31827$63,512

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 3205 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Plenty 309037$70,319
Yarrambat 309138$70,150
Kew 310139$70,000
Strathmore 304140$69,716
Caulfield South 316241$69,501
Thornbury 307143$69,255
Beulah 339544$69,127
Viewbank 308445$68,983
Diamond Creek 308946$68,741
Kensington 303147$68,674

ATO Table 8