People who live in 5040: rent, losses and capital gains, 2023-24

Novar Gardens

In 2023-24, 228 people living in 5040 declared rent, and 50% of them made a loss on it, about the same as the 51% across South Australia.

How does 5040 compare with South Australia and Australia?

5040's rental figures, 2023-24
5040South AustraliaAustralia
People who declared rent 5040 228South Australia 135,266Australia 2,260,641
Share of taxpayers who declared rent 5040 16%South Australia 12%Australia 14%
Average rent declared 5040 $21,000South Australia $20,700Australia $26,600
Average interest claimed 5040 $10,000South Australia $10,100Australia $14,000
Average capital works claimed 5040 $1,200South Australia $1,300Australia $2,000
Average other rental costs claimed 5040 $9,300South Australia $8,700Australia $11,900
Share who made a loss 5040 50%South Australia 51%Australia 55%
Average loss, among them 5040 $7,700South Australia $8,100Australia $12,000
Average net rent 5040 $600South Australia $500Australia 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 5040's suburbs

Try these figures in the rental property tax calculator

How many people living in 5040 declared a capital gain?

In 2023-24, 143 people living in 5040 declared a net capital gain, 10% of its 1,423 taxpayers, against 8% across South Australia. Their average net capital gain was $21,600, against $30,400 across the state.

A stack of coins for each average net capital gain, 5040'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 5040.

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

Which postcodes are near 5040?

Which postcodes are near 5040?
PostcodePeople who declared rentShare who made a loss
5025 People who declared rent 959Share who made a loss 44%
5031 People who declared rent 986Share who made a loss 48%
5032 People who declared rent 1,316Share who made a loss 47%
5033 People who declared rent 657Share who made a loss 54%
5037 People who declared rent 950Share who made a loss 51%
5038 People who declared rent 1,390Share who made a loss 52%