People who live in 3220: rent, losses and capital gains, 2023-24

Newtown, Geelong, South Geelong

In 2023-24, 2,060 people living in 3220 declared rent, and 55% of them made a loss on it, a lower share than the 62% across Victoria.

How does 3220 compare with Victoria and Australia?

3220's rental figures, 2023-24
3220VictoriaAustralia
People who declared rent 3220 2,060Victoria 598,608Australia 2,260,641
Share of taxpayers who declared rent 3220 17%Victoria 14%Australia 14%
Average rent declared 3220 $27,500Victoria $23,700Australia $26,600
Average interest claimed 3220 $14,000Victoria $14,400Australia $14,000
Average capital works claimed 3220 $1,800Victoria $2,000Australia $2,000
Average other rental costs claimed 3220 $13,800Victoria $11,300Australia $11,900
Share who made a loss 3220 55%Victoria 62%Australia 55%
Average loss, among them 3220 $14,300Victoria $13,200Australia $12,000
Average net rent 3220 a loss of $2,000Victoria 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 3220 declared a capital gain?

In 2023-24, 1,465 people living in 3220 declared a net capital gain, 12% of its 11,843 taxpayers, against 8% across Victoria. Their average net capital gain was $33,000, against $29,100 across the state.

A stack of coins for each average net capital gain, 3220'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 3220.

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

Which postcodes are near 3220?

Which postcodes are near 3220?
PostcodePeople who declared rentShare who made a loss
3217 People who declared rent 1,816Share who made a loss 76%
3218 People who declared rent 1,487Share who made a loss 64%
3219 People who declared rent 1,026Share who made a loss 60%
3221 People who declared rent 290Share who made a loss 49%
3222 People who declared rent 1,231Share who made a loss 58%
3223 People who declared rent 864Share who made a loss 48%