People who live in Melbourne - West: rent, losses and capital gains by postcode, 2023-24

In 2023-24, 77,633 people living in Melbourne - West declared rent, and 74% of them made a loss on it, a higher share than the 62% across Victoria.

How does Melbourne - West compare with Victoria and Australia?

Melbourne - West's rental figures, 2023-24
Melbourne - WestVictoriaAustralia
People who declared rent Melbourne - West 77,633Victoria 598,608Australia 2,260,641
Share of taxpayers who declared rent Melbourne - West 14%Victoria 14%Australia 14%
Average rent declared Melbourne - West $20,600Victoria $23,700Australia $26,600
Average interest claimed Melbourne - West $15,600Victoria $14,400Australia $14,000
Average capital works claimed Melbourne - West $2,300Victoria $2,000Australia $2,000
Average other rental costs claimed Melbourne - West $9,900Victoria $11,300Australia $11,900
Share who made a loss Melbourne - West 74%Victoria 62%Australia 55%
Average loss, among them Melbourne - West $12,900Victoria $13,200Australia $12,000
Average net rent Melbourne - West a loss of $7,200Victoria 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.

How many people living in Melbourne - West declared a capital gain?

In 2023-24, 31,485 people living in Melbourne - West declared a net capital gain, 6% of its 561,465 taxpayers, against 8% across Victoria. Their average net capital gain was $18,800, against $29,100 across the state.

A stack of coins for each average net capital gain, Melbourne - West'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 Melbourne - West.

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

What does each postcode in Melbourne - West show?

What does each postcode in Melbourne - West show?
PostcodePeople who declared rentAverage rent declaredShare who made a lossAverage net rent
3011 People who declared rent 2,038Average rent declared $23,600Share who made a loss 65%Average net rent a loss of $5,100
3012 People who declared rent 2,497Average rent declared $21,700Share who made a loss 68%Average net rent a loss of $5,400
3013 People who declared rent 1,966Average rent declared $23,000Share who made a loss 68%Average net rent a loss of $6,500
3015 People who declared rent 2,244Average rent declared $24,000Share who made a loss 70%Average net rent a loss of $7,400
3016 People who declared rent 2,365Average rent declared $28,000Share who made a loss 60%Average net rent a loss of $6,000
3018 People who declared rent 1,641Average rent declared $23,600Share who made a loss 63%Average net rent a loss of $4,600
3019 People who declared rent 761Average rent declared $22,100Share who made a loss 67%Average net rent a loss of $5,700
3020 People who declared rent 3,266Average rent declared $22,300Share who made a loss 67%Average net rent a loss of $4,900
3021 People who declared rent 2,734Average rent declared $21,100Share who made a loss 64%Average net rent a loss of $4,300
3022 People who declared rent 258Average rent declared $22,900Share who made a loss 62%Average net rent a loss of $5,500
3023 People who declared rent 6,043Average rent declared $20,300Share who made a loss 75%Average net rent a loss of $7,700
3024 People who declared rent 2,935Average rent declared $16,300Share who made a loss 88%Average net rent a loss of $9,400
3025 People who declared rent 1,321Average rent declared $23,800Share who made a loss 67%Average net rent a loss of $4,700
3026 People who declared rent 574Average rent declared $20,600Share who made a loss 80%Average net rent a loss of $9,200
3027 People who declared rent 1,384Average rent declared $24,000Share who made a loss 78%Average net rent a loss of $10,300
3028 People who declared rent 2,224Average rent declared $20,200Share who made a loss 65%Average net rent a loss of $4,500
3029 People who declared rent 12,405Average rent declared $18,200Share who made a loss 83%Average net rent a loss of $9,200
3030 People who declared rent 13,151Average rent declared $21,500Share who made a loss 77%Average net rent a loss of $8,300
3037 People who declared rent 4,897Average rent declared $20,100Share who made a loss 73%Average net rent a loss of $7,100
3038 People who declared rent 3,359Average rent declared $22,200Share who made a loss 57%Average net rent a loss of $2,800
3211 People who declared rent 138Average rent declared $23,200Share who made a loss 59%Average net rent a loss of $800
3335 People who declared rent 985Average rent declared $16,600Share who made a loss 85%Average net rent a loss of $8,800
3336 People who declared rent 2,626Average rent declared $17,400Share who made a loss 86%Average net rent a loss of $10,100
3337 People who declared rent 1,886Average rent declared $17,700Share who made a loss 73%Average net rent a loss of $5,400
3338 People who declared rent 2,139Average rent declared $16,000Share who made a loss 83%Average net rent a loss of $8,900
3340 People who declared rent 1,796Average rent declared $20,500Share who made a loss 67%Average net rent a loss of $3,300