People who live in 3218: rent, losses and capital gains, 2023-24

Geelong West, Herne Hill, Manifold Heights

In 2023-24, 1,487 people living in 3218 declared rent, and 64% of them made a loss on it, about the same as the 62% across Victoria.

How does 3218 compare with Victoria and Australia?

3218's rental figures, 2023-24
3218VictoriaAustralia
People who declared rent 3218 1,487Victoria 598,608Australia 2,260,641
Share of taxpayers who declared rent 3218 15%Victoria 14%Australia 14%
Average rent declared 3218 $22,200Victoria $23,700Australia $26,600
Average interest claimed 3218 $13,800Victoria $14,400Australia $14,000
Average capital works claimed 3218 $1,600Victoria $2,000Australia $2,000
Average other rental costs claimed 3218 $10,500Victoria $11,300Australia $11,900
Share who made a loss 3218 64%Victoria 62%Australia 55%
Average loss, among them 3218 $11,300Victoria $13,200Australia $12,000
Average net rent 3218 a loss of $3,600Victoria a loss of $3,900Australia a loss of $1,300

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

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How many people living in 3218 declared a capital gain?

In 2023-24, 968 people living in 3218 declared a net capital gain, 10% of its 9,962 taxpayers, against 8% across Victoria. Their average net capital gain was $37,100, against $29,100 across the state.

A stack of coins for each average net capital gain, 3218'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 3218.

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

Which postcodes are near 3218?

Which postcodes are near 3218?
PostcodePeople who declared rentShare who made a loss
3215 People who declared rent 1,597Share who made a loss 58%
3216 People who declared rent 4,771Share who made a loss 62%
3217 People who declared rent 1,816Share who made a loss 76%
3219 People who declared rent 1,026Share who made a loss 60%
3220 People who declared rent 2,060Share who made a loss 55%
3221 People who declared rent 290Share who made a loss 49%