People who live in Queensland: rent, losses and capital gains, 2023-24
In 2023-24, 383,583 people living in Queensland declared rent, and 52% of them made a loss on it, a lower share than the 55% across Australia.
What did landlords in Queensland declare?
| Queensland | |
|---|---|
| People who declared rent | Queensland 383,583 |
| Share of taxpayers who declared rent | Queensland 11% |
| Average rent declared | Queensland $25,400 |
| Average interest claimed | Queensland $11,400 |
| Average capital works claimed | Queensland $1,800 |
| Average other rental costs claimed | Queensland $12,000 |
| Share who made a loss | Queensland 52% |
| Average loss, among them | Queensland $9,500 |
| Average net rent | Queensland $300 |
Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.
What did people claim for rental properties in Queensland?
In 2023-24, people lodged 752,105 rental property schedules for properties in Queensland, and claimed $14.1 billion of costs on them. Interest on loans was the largest, 46% of it.
| Cost | Schedules claiming it | Share of all costs claimed |
|---|---|---|
| Interest on loans | Schedules claiming it 553,665 | Share of all costs claimed 46% |
| Council rates | Schedules claiming it 706,145 | Share of all costs claimed 9% |
| Property agent fees | Schedules claiming it 581,050 | Share of all costs claimed 8% |
| Capital works | Schedules claiming it 412,843 | Share of all costs claimed 8% |
| Body corporate fees | Schedules claiming it 252,950 | Share of all costs claimed 6% |
| Repairs and maintenance | Schedules claiming it 609,735 | Share of all costs claimed 6% |
| Insurance | Schedules claiming it 610,641 | Share of all costs claimed 5% |
| Depreciation on plant | Schedules claiming it 478,307 | Share of all costs claimed 4% |
| The other 11 kinds | Schedules claiming it | Share of all costs claimed 9% |
Each person lodges a schedule for each rental property they have an interest in, so a home owned by two people has two. These count schedules for properties in Queensland, wherever their owners live, not properties or people. The ATO counted 2024 schedules processed by 31 October 2025, so these may not be complete.
From ATO, Taxation Statistics 2023-24, Individuals Tables 26 and 27, read 13 Nov 2026, under CC BY 2.5 AU. How we read these.
How many rental properties do people living in Queensland have an interest in?
In 2023-24, of the people living in Queensland who lodged a rental property schedule, 73% had an interest in one property, 18% in two and 9% in three or more.
| Rental property interests | People | Share |
|---|---|---|
| 1 interest | People 281,604 | Share 73% |
| 2 interests | People 69,067 | Share 18% |
| 3 interests | People 20,625 | Share 5% |
| 4 interests | People 7,269 | Share 2% |
| 5 interests | People 2,803 | Share 1% |
| 6 or more interests | People 2,883 | Share 1% |
The same property can have more than one person with an interest in a year, as joint owners, or a seller and a buyer, and one person can have an interest in more than one. These come from the rental property schedules people lodged, not their tax returns, so they count slightly different people from the figures above.
From ATO, Taxation Statistics 2023-24, Individuals Tables 26 and 27, read 13 Nov 2026, under CC BY 2.5 AU. How we read these.
How many people living in Queensland declared a capital gain?
In 2023-24, 249,165 people living in Queensland declared a net capital gain, 7% of its 3,372,687 taxpayers, against 8% across Australia. Their average net capital gain was $27,700, against $30,000 across Australia.
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 Queensland.
Worked out from ATO, Taxation Statistics 2023-24, under CC BY 2.5 AU. How we work these out.
What does each region of Queensland show?
| Region | People who declared rent | Share who made a loss |
|---|---|---|
| Brisbane - East | People who declared rent 17,714 | Share who made a loss 54% |
| Brisbane - North | People who declared rent 18,892 | Share who made a loss 58% |
| Brisbane - South | People who declared rent 36,836 | Share who made a loss 54% |
| Brisbane - West | People who declared rent 19,530 | Share who made a loss 53% |
| Brisbane Inner City | People who declared rent 33,478 | Share who made a loss 54% |
| Cairns | People who declared rent 18,622 | Share who made a loss 44% |
| Central Queensland | People who declared rent 13,945 | Share who made a loss 54% |
| Darling Downs - Maranoa | People who declared rent 8,191 | Share who made a loss 42% |
| Gold Coast | People who declared rent 51,965 | Share who made a loss 48% |
| Ipswich | People who declared rent 18,784 | Share who made a loss 59% |
| Logan - Beaudesert | People who declared rent 19,152 | Share who made a loss 58% |
| Mackay - Isaac - Whitsunday | People who declared rent 11,998 | Share who made a loss 51% |
| Moreton Bay - North | People who declared rent 14,820 | Share who made a loss 51% |
| Moreton Bay - South | People who declared rent 15,429 | Share who made a loss 61% |
| Queensland - Outback | People who declared rent 4,556 | Share who made a loss 53% |
| Sunshine Coast | People who declared rent 37,117 | Share who made a loss 45% |
| Toowoomba | People who declared rent 10,897 | Share who made a loss 49% |
| Townsville | People who declared rent 14,479 | Share who made a loss 56% |
| Wide Bay | People who declared rent 16,900 | Share who made a loss 41% |