ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Bannockburn 3331 income

The median taxable income for Bannockburn postcode 3331 was $60,334 in 2023–24, and the average taxable income was $73,196 (ATO Table 8).

4,512 individuals; ranked 159 of 594 in VIC; ranked 761 of 2,283 nationally by median taxable income.

4,512

individuals, ATO 2023–24

ATO Table 8

$60,334

median taxable income, ATO 2023–24

ATO Table 8

$73,196

average taxable income, ATO 2023–24

ATO Table 8

159

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

761

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Bannockburn 3331 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Bannockburn 3331 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $60,334 $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 Bannockburn 3331 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 (includes this one) 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

Taxable income by year

Median and average taxable income by year, Bannockburn 3331, ATO 2023–24
Median and average taxable income by year, Bannockburn 3331, ATO 2023–24 $0 $20,000 $40,000 $60,000 $80,000 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, Bannockburn 3331, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $28,519$34,107
2013–14 $42,106$50,316
2014–15 $42,830$50,314
2015–16 $44,104$51,858
2016–17 $45,926$53,719
2017–18 $48,087$55,712
2018–19 $49,707$57,515
2019–20 $51,197$58,679
2020–21 $54,101$63,377
2021–22 $55,630$67,937
2022–23 $58,060$69,857
2023–24 $60,334$73,196

ATO Table 8

Taxable income by year, postcode 3331, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–041,920$28,519$34,107
2013–143,043$42,106$50,316
2014–153,277$42,830$50,314
2015–163,424$44,104$51,858
2016–173,636$45,926$53,719
2017–183,830$48,087$55,712
2018–194,003$49,707$57,515
2019–204,075$51,197$58,679
2020–214,203$54,101$63,377
2021–224,366$55,630$67,937
2022–234,465$58,060$69,857
2023–244,512$60,334$73,196

ATO Table 8

43.29%

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 3331, from ABS postal area boundaries (2021).

Median taxable income in 3331 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Geelong West 3218$65,26087
Teesdale 3328$63,97798
Darley 3340$61,422136
Ballan 3342$60,435156
Bannockburn 3331$60,334159
Inverleigh 3321$59,235180
Lovely Banks 3213$59,021186
Lethbridge 3332$56,546249
Meredith 3333$52,177357

ATO Table 8; boundaries from the ABS

Where it sits in Golden Plains

Bannockburn 3331 ranks 2 of 7 postcodes in the Golden Plains 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 Golden Plains local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Teesdale 33281$63,977
Bannockburn 33312$60,334
Inverleigh 332195% of this postcode is in the LGA3$59,235
Lethbridge 33324$56,546
Smythes Creek 335174% of this postcode is in the LGA5$53,972
Linton 336094% of this postcode is in the LGA6$52,531
Meredith 333399% of this postcode is in the LGA7$52,177

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 3331 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Greenvale 3059154$60,580
Cockatoo 3781155$60,498
Ballan 3342156$60,435
Riddells Creek 3431157$60,389
Williams Landing 3027158$60,366
Boronia 3155160$60,234
Heidelberg Heights 3081161$60,174
Strathfieldsaye 3551162$60,155
Chadstone 3148163$60,049
Gembrook 3783164$60,047

ATO Table 8