Postcode ATO 2023–24
New Farm 4005 income
The median taxable income for New Farm postcode 4005 was $80,529 in 2023–24, and the average taxable income was $135,753 (ATO Table 8).
12,987 individuals; ranked 10 of 390 in QLD; ranked 71 of 2,283 nationally by median taxable income.
12,987
individuals, ATO 2023–24
ATO Table 8
$80,529
median taxable income, ATO 2023–24
ATO Table 8
$135,753
average taxable income, ATO 2023–24
ATO Table 8
10
state rank by median taxable income, ATO 2023–24
of 390
ATO Table 8
71
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in QLD
Vertical axis: Number of QLD postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,500. The highlighted band holds this one.
Show data
| Band | Number of QLD postcodes |
|---|---|
| $27,500 to $29,999 | 1 |
| $30,000 to $32,499 | 0 |
| $32,500 to $34,999 | 2 |
| $35,000 to $37,499 | 5 |
| $37,500 to $39,999 | 10 |
| $40,000 to $42,499 | 14 |
| $42,500 to $44,999 | 33 |
| $45,000 to $47,499 | 23 |
| $47,500 to $49,999 | 32 |
| $50,000 to $52,499 | 23 |
| $52,500 to $54,999 | 35 |
| $55,000 to $57,499 | 47 |
| $57,500 to $59,999 | 40 |
| $60,000 to $62,499 | 28 |
| $62,500 to $64,999 | 26 |
| $65,000 to $67,499 | 10 |
| $67,500 to $69,999 | 22 |
| $70,000 to $72,499 | 12 |
| $72,500 to $74,999 | 11 |
| $75,000 to $77,499 | 5 |
| $77,500 to $79,999 | 1 |
| $80,000 to $82,499 (includes this one) | 2 |
| $82,500 to $84,999 | 2 |
| $85,000 to $87,499 | 0 |
| $87,500 to $89,999 | 1 |
| $90,000 to $92,499 | 0 |
| $92,500 to $94,999 | 1 |
| $95,000 to $97,499 | 2 |
| $97,500 to $99,999 | 2 |
ATO Table 8
Average taxable income ($135,753) is more than 1.5 times median taxable income ($80,529) in this postcode (ATO 2023–24, Table 8). A few very high incomes sit well above the middle of the distribution and pull the average up.
Taxable income by year
Vertical axis: Taxable income ($), 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 | $34,106 | $46,943 |
| 2013–14 | $57,821 | $89,085 |
| 2014–15 | $58,366 | $91,944 |
| 2015–16 | $59,646 | $93,745 |
| 2016–17 | $60,497 | $92,487 |
| 2017–18 | $61,401 | $98,588 |
| 2018–19 | $63,447 | $98,129 |
| 2019–20 | $66,170 | $101,664 |
| 2020–21 | $69,501 | $113,555 |
| 2021–22 | $73,000 | $129,088 |
| 2022–23 | $76,314 | $128,791 |
| 2023–24 | $80,529 | $135,753 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 9,789 | $34,106 | $46,943 |
| 2013–14 | 11,592 | $57,821 | $89,085 |
| 2014–15 | 12,006 | $58,366 | $91,944 |
| 2015–16 | 12,214 | $59,646 | $93,745 |
| 2016–17 | 12,426 | $60,497 | $92,487 |
| 2017–18 | 12,560 | $61,401 | $98,588 |
| 2018–19 | 12,868 | $63,447 | $98,129 |
| 2019–20 | 12,669 | $66,170 | $101,664 |
| 2020–21 | 12,429 | $69,501 | $113,555 |
| 2021–22 | 12,508 | $73,000 | $129,088 |
| 2022–23 | 12,853 | $76,314 | $128,791 |
| 2023–24 | 12,987 | $80,529 | $135,753 |
ATO Table 8
39.27%
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 4005, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| New Farm 4005 | 10 | |
| Newstead 4006 | 74 |
ATO Table 8; boundaries from the ABS
Where it sits in Brisbane
New Farm 4005 ranks 3 of 71 postcodes in the Brisbane 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. This LGA has 71 published postcodes; the ones ranked closest to 4005 are listed.
| Postcode | rank in the LGA by median taxable income | median taxable income |
|---|---|---|
| Bardon 4065 | 1 | |
| Bulimba 4171 | 2 | |
| New Farm 4005 | 3 | |
| Morningside 4170 | 4 | |
| Ashgrove 4060 | 5 | |
| Wakerley 4154 | 6 | |
| Alderley 4051 | 7 | |
| Tarragindi 4121 | 8 |
ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)
Ranked next to it in QLD
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 |
|---|---|---|
| Rocky Point 4874 | 5 | $93,378 |
| Tieri 4709 | 6 | $88,709 |
| Bardon 4065 | 7 | $84,667 |
| Bulimba 4171 | 8 | $83,392 |
| Postcode 4813 | 9 | $81,744 |
| Soldiers Hill 4825 | 11 | $77,876 |
| Marian 4753 | 12 | $77,391 |
| Morningside 4170 | 13 | $77,306 |
| Ashgrove 4060 | 14 | $76,173 |
| Wakerley 4154 | 15 | $75,854 |
ATO Table 8