People who live in 3850: rent, losses and capital gains, 2023-24

Sale, Wurruk

In 2023-24, 1,174 people living in 3850 declared rent, and 53% of them made a loss on it, a lower share than the 62% across Victoria.

How does 3850 compare with Victoria and Australia?

3850's rental figures, 2023-24
3850VictoriaAustralia
People who declared rent 3850 1,174Victoria 598,608Australia 2,260,641
Share of taxpayers who declared rent 3850 13%Victoria 14%Australia 14%
Average rent declared 3850 $21,300Victoria $23,700Australia $26,600
Average interest claimed 3850 $10,100Victoria $14,400Australia $14,000
Average capital works claimed 3850 $1,400Victoria $2,000Australia $2,000
Average other rental costs claimed 3850 $10,500Victoria $11,300Australia $11,900
Share who made a loss 3850 53%Victoria 62%Australia 55%
Average loss, among them 3850 $9,600Victoria $13,200Australia $12,000
Average net rent 3850 a loss of $800Victoria 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 3850 declared a capital gain?

In 2023-24, 727 people living in 3850 declared a net capital gain, 8% of its 8,933 taxpayers, against 8% across Victoria. Their average net capital gain was $29,700, against $29,100 across the state.

A stack of coins for each average net capital gain, 3850'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 3850.

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

Which postcodes are near 3850?

Which postcodes are near 3850?
PostcodePeople who declared rentShare who made a loss
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%
3851 People who declared rent 397Share who made a loss 48%
3854 People who declared rent 118Share who made a loss 47%
3858 People who declared rent 179Share who made a loss 48%