Australia’s Highest-Earning Postcodes Revealed

The Australian Taxation Office has just released data indicating where the country’s wealthiest professionals cluster geographically. Surprise, surprise – by an overwhelming margin, Australia’s highest earners hold Sydney and Melbourne postcodes. Particularly within the former’s Eastern Suburbs.

Here are the postcodes of Australia’s highest earners (by FY17/18 average taxable income):

  1. [2028] Double Bay NSW – $242,428
  2. [2027] Darling Point, Edgecliff, Rushcutters Bay, Point Piper NSW – $198,828
  3. [3142] Hawksburn, Toorak VIC – $196,816
  4. [2023] Bellevue Hill NSW – $193,440
  5. [3002] East Melbourne VIC – $185,437
  6. [2030] Dover Heights, Rose Bay North, Vaucluse, Watsons Bay NSW – $181,954
  7. [2110] Hunters Hill, Woolwich NSW – $177,615
  8. [2088] Mosman, Spit Junction NSW – $171,904
  9. [2063] Northbridge NSW – $169,142
  10. [6011] Cottesloe, Peppermint Grove WA – $167,090

In terms of the old J.O.B breakdown – surgeons have taken the number one spot (average taxable income: $402,582), followed closely by anaesthetists (average taxable income: $382,674), then internal medicine specialists who fall off just a tad (average taxable income: $301,129), then financial dealers (average taxable income: $272,895), and rounding out at number five are psychiatrists (average taxable income: $225,206). Medical money just hits different, I suppose.

You can check out more data regarding Australia’s highest earners – postcodes and otherwise – at

Now that you’ve learned what it takes to be considered a baller in Australia, learn about what it takes to be considered in the top 1% around the world here.