People who live in 2038: rent, losses and capital gains, 2023-24
Annandale
In 2023-24, 1,304 people living in 2038 declared rent, and 54% of them made a loss on it, about the same as the 54% across New South Wales.
How does 2038 compare with New South Wales and Australia?
| 2038 | New South Wales | Australia | |
|---|---|---|---|
| People who declared rent | 2038 1,304 | New South Wales 824,411 | Australia 2,260,641 |
| Share of taxpayers who declared rent | 2038 20% | New South Wales 16% | Australia 14% |
| Average rent declared | 2038 $34,200 | New South Wales $31,200 | Australia $26,600 |
| Average interest claimed | 2038 $18,100 | New South Wales $16,500 | Australia $14,000 |
| Average capital works claimed | 2038 $2,400 | New South Wales $2,400 | Australia $2,000 |
| Average other rental costs claimed | 2038 $15,500 | New South Wales $13,100 | Australia $11,900 |
| Share who made a loss | 2038 54% | New South Wales 54% | Australia 55% |
| Average loss, among them | 2038 $16,000 | New South Wales $13,500 | Australia $12,000 |
| Average net rent | 2038 a loss of $1,700 | New South Wales a loss of $700 | Australia 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 2038's suburbsHow many people living in 2038 declared a capital gain?
In 2023-24, 964 people living in 2038 declared a net capital gain, 15% of its 6,546 taxpayers, against 8% across New South Wales. Their average net capital gain was $38,200, against $35,000 across the state.
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 2038.
Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.
Which postcodes are near 2038?
| Postcode | People who declared rent | Share who made a loss |
|---|---|---|
| 2039 | People who declared rent 1,331 | Share who made a loss 60% |
| 2040 | People who declared rent 2,788 | Share who made a loss 57% |
| 2041 | People who declared rent 2,528 | Share who made a loss 53% |
| 2045 | People who declared rent 1,174 | Share who made a loss 45% |
| 2046 | People who declared rent 4,575 | Share who made a loss 51% |
| 2047 | People who declared rent 2,051 | Share who made a loss 50% |