Australia's highest income suburbs revealed: Toorak tops the list followed by Double Bay-Bellevue Hill
Toorak residents recorded the highest average income in Australia in 2009-10, according to figures released today by the Australian Bureau of Statistics (ABS) with an average $132,252 income.
Then followed Double Bay-Bellevue Hill residents which recorded the highest average income in NSW in 2009-10.
After Toorak, Victoria’s top five earning regions was made up of Brighton on $101,776, East Melbourne on $95,349, Albert Park on $91,871 and Armadale on $89,534 per annum.
Overall, the average total income for the state of NSW is $50,328 which is higher than the national average of $48,530.
The average total income for the state of Victoria is $47,623.
The top five earning regions in Queensland all fall in the greater Brisbane region with Ascot the highest with an average of $90,945, followed by Hamilton on $90,900, Bulimba on $74,206, Hawthorne on $73,928 and Bardon on $73,579.
South Australia’s top five earning regions all fall in the Greater Adelaide region with North Adelaide the highest with an average of $75,574, followed by Walkerville on $74,296, Glenside - Beaumont on $68,892, Unley - Parkside on $66,466 and Toorak Gardens on $65,999.
Cottesloe residents recorded the highest average income in Western Australia in 2009-10, at $113,892, with the beach-side suburb being the only region outside of New South Wales and Victoria to have an average total income exceeding $110,000.
Tasmania’s top five earning regions were the greater Hobart suburbs/regions of Sandy Bay with an average total income of $59,002, followed by Mount Nelson - Dynnyrne on $54,660, Taroona - Bonnet Hill on $51,476 and South Hobart - Fern Tree on $51,129.
“From a state and territory perspective, the Australian Capital Territory recorded the highest average total income of $58,034 this was followed by Western Australia on $53,397. New South Wales was ranked fourth”, said ABS Director of the Rural and Regional National Statistics Centre, Lisa Conolly.
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