People who live in 3840: rent, losses and capital gains, 2023-24

Morwell, Hazelwood North, Jeeralang Junction

In 2023-24, 637 people living in 3840 declared rent, and 49% of them made a loss on it, a lower share than the 62% across Victoria.

How does 3840 compare with Victoria and Australia?

3840's rental figures, 2023-24
3840VictoriaAustralia
People who declared rent 3840 637Victoria 598,608Australia 2,260,641
Share of taxpayers who declared rent 3840 7%Victoria 14%Australia 14%
Average rent declared 3840 $20,600Victoria $23,700Australia $26,600
Average interest claimed 3840 $8,200Victoria $14,400Australia $14,000
Average capital works claimed 3840 $1,000Victoria $2,000Australia $2,000
Average other rental costs claimed 3840 $10,300Victoria $11,300Australia $11,900
Share who made a loss 3840 49%Victoria 62%Australia 55%
Average loss, among them 3840 $8,600Victoria $13,200Australia $12,000
Average net rent 3840 $1,100Victoria 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 3840 declared a capital gain?

In 2023-24, 434 people living in 3840 declared a net capital gain, 5% of its 8,581 taxpayers, against 8% across Victoria. Their average net capital gain was $47,900, against $29,100 across the state.

A stack of coins for each average net capital gain, 3840'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 3840.

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

Which postcodes are near 3840?

Which postcodes are near 3840?
PostcodePeople who declared rentShare who made a loss
3831 People who declared rent 134Share who made a loss 57%
3842 People who declared rent 154Share who made a loss 56%
3844 People who declared rent 2,090Share who made a loss 61%
3847 People who declared rent 112Share who made a loss 61%
3850 People who declared rent 1,174Share who made a loss 53%
3851 People who declared rent 397Share who made a loss 48%