People who live in 2023: rent, losses and capital gains, 2023-24

Bellevue Hill

In 2023-24, 1,725 people living in 2023 declared rent, and 42% of them made a loss on it, a lower share than the 54% across New South Wales.

How does 2023 compare with New South Wales and Australia?

2023's rental figures, 2023-24
2023New South WalesAustralia
People who declared rent 2023 1,725New South Wales 824,411Australia 2,260,641
Share of taxpayers who declared rent 2023 22%New South Wales 16%Australia 14%
Average rent declared 2023 $71,600New South Wales $31,200Australia $26,600
Average interest claimed 2023 $30,600New South Wales $16,500Australia $14,000
Average capital works claimed 2023 $4,500New South Wales $2,400Australia $2,000
Average other rental costs claimed 2023 $32,300New South Wales $13,100Australia $11,900
Share who made a loss 2023 42%New South Wales 54%Australia 55%
Average loss, among them 2023 $37,700New South Wales $13,500Australia $12,000
Average net rent 2023 $4,300New South Wales a loss of $700Australia a loss of $1,300

Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.

Open suburb research for 2023's suburbs

Try these figures in the rental property tax calculator

How many people living in 2023 declared a capital gain?

In 2023-24, 1,349 people living in 2023 declared a net capital gain, 17% of its 7,814 taxpayers, against 8% across New South Wales. Their average net capital gain was $215,800, against $35,000 across the state.

A stack of coins for each average net capital gain, 2023's marked

These are gains of every kind, such as on shares, a business or property anywhere, counted where each person lives, not gains on property sold in 2023.

Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.

Which postcodes are near 2023?

Which postcodes are near 2023?
PostcodePeople who declared rentShare who made a loss
2021 People who declared rent 2,171Share who made a loss 48%
2022 People who declared rent 1,767Share who made a loss 46%
2024 People who declared rent 1,614Share who made a loss 48%
2025 People who declared rent 1,099Share who made a loss 47%
2026 People who declared rent 3,977Share who made a loss 50%
2027 People who declared rent 1,421Share who made a loss 41%