People who live in 3501: rent, losses and capital gains, 2023-24

Nichols Point, Koorlong

In 2023-24, 240 people living in 3501 declared rent, and 52% of them made a loss on it, a lower share than the 62% across Victoria.

How does 3501 compare with Victoria and Australia?

3501's rental figures, 2023-24
3501VictoriaAustralia
People who declared rent 3501 240Victoria 598,608Australia 2,260,641
Share of taxpayers who declared rent 3501 14%Victoria 14%Australia 14%
Average rent declared 3501 $17,000Victoria $23,700Australia $26,600
Average interest claimed 3501 $8,200Victoria $14,400Australia $14,000
Average capital works claimed 3501 $1,000Victoria $2,000Australia $2,000
Average other rental costs claimed 3501 $8,300Victoria $11,300Australia $11,900
Share who made a loss 3501 52%Victoria 62%Australia 55%
Average loss, among them 3501 $7,700Victoria $13,200Australia $12,000
Average net rent 3501 a loss of $500Victoria 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 3501 declared a capital gain?

In 2023-24, 161 people living in 3501 declared a net capital gain, 9% of its 1,736 taxpayers, against 8% across Victoria. Their average net capital gain was $17,800, against $29,100 across the state.

A stack of coins for each average net capital gain, 3501'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 3501.

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

Which postcodes are near 3501?

Which postcodes are near 3501?
PostcodePeople who declared rentShare who made a loss
3478 People who declared rent 138Share who made a loss 41%
3480 People who declared rent 108Share who made a loss 40%
3496 People who declared rent 316Share who made a loss 53%
3498 People who declared rent 461Share who made a loss 50%
3500 People who declared rent 1,781Share who made a loss 53%
3505 People who declared rent 276Share who made a loss 46%