People who live in 3937: rent, losses and capital gains, 2023-24

Red Hill, Red Hill South

In 2023-24, 188 people living in 3937 declared rent, and 32% of them made a loss on it, a lower share than the 62% across Victoria.

How does 3937 compare with Victoria and Australia?

3937's rental figures, 2023-24
3937VictoriaAustralia
People who declared rent 3937 188Victoria 598,608Australia 2,260,641
Share of taxpayers who declared rent 3937 18%Victoria 14%Australia 14%
Average rent declared 3937 $26,100Victoria $23,700Australia $26,600
Average interest claimed 3937 $8,200Victoria $14,400Australia $14,000
Average capital works claimed 3937 $1,500Victoria $2,000Australia $2,000
Average other rental costs claimed 3937 $11,800Victoria $11,300Australia $11,900
Share who made a loss 3937 32%Victoria 62%Australia 55%
Average loss, among them 3937 $12,400Victoria $13,200Australia $12,000
Average net rent 3937 $4,600Victoria 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 3937 declared a capital gain?

In 2023-24, 171 people living in 3937 declared a net capital gain, 16% of its 1,057 taxpayers, against 8% across Victoria. Their average net capital gain was $176,000, against $29,100 across the state.

A stack of coins for each average net capital gain, 3937'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 3937.

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

Which postcodes are near 3937?

Which postcodes are near 3937?
PostcodePeople who declared rentShare who made a loss
3933 People who declared rent 143Share who made a loss 44%
3934 People who declared rent 1,828Share who made a loss 57%
3936 People who declared rent 1,114Share who made a loss 48%
3938 People who declared rent 354Share who made a loss 42%
3939 People who declared rent 962Share who made a loss 50%
3940 People who declared rent 231Share who made a loss 49%