ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Albert Park 3206 income

The median taxable income for Albert Park postcode 3206 was $82,515 in 2023–24, and the average taxable income was $174,715 (ATO Table 8).

7,149 individuals; ranked 3 of 594 in VIC; ranked 60 of 2,283 nationally by median taxable income.

7,149

individuals, ATO 2023–24

ATO Table 8

$82,515

median taxable income, ATO 2023–24

ATO Table 8

$174,715

average taxable income, ATO 2023–24

ATO Table 8

3

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

60

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Albert Park 3206 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Albert Park 3206 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $82,515 $40,000 $60,000 $80,000 Median taxable income ($), ATO 2023–24

Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,000. The highlighted band holds this one.

Show data
Where Albert Park 3206 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Band Number of VIC postcodes
$34,000 to $35,999 3
$36,000 to $37,999 1
$38,000 to $39,999 2
$40,000 to $41,999 11
$42,000 to $43,999 22
$44,000 to $45,999 38
$46,000 to $47,999 46
$48,000 to $49,999 55
$50,000 to $51,999 54
$52,000 to $53,999 56
$54,000 to $55,999 50
$56,000 to $57,999 48
$58,000 to $59,999 44
$60,000 to $61,999 40
$62,000 to $63,999 27
$64,000 to $65,999 21
$66,000 to $67,999 22
$68,000 to $69,999 15
$70,000 to $71,999 11
$72,000 to $73,999 8
$74,000 to $75,999 8
$76,000 to $77,999 3
$78,000 to $79,999 5
$80,000 to $81,999 1
$82,000 to $83,999 (includes this one) 2
$84,000 to $85,999 0
$86,000 to $87,999 1

ATO Table 8

Average taxable income ($174,715) is more than 1.5 times median taxable income ($82,515) in this postcode (ATO 2023–24, Table 8). A few very high incomes sit well above the middle of the distribution and pull the average up.

Taxable income by year

Median and average taxable income by year, Albert Park 3206, ATO 2023–24
Median and average taxable income by year, Albert Park 3206, ATO 2023–24 $0 $50,000 $100,000 $150,000 $200,000 10-year gap 2003–04 2013–14 2018–19 2023–24 Tax year

Vertical axis: Taxable income ($), ATO 2023–24. Horizontal axis: Tax year.

No years are published between 2003–04 and 2013–14.

  • median taxable income
  • average taxable income
Show data
Median and average taxable income by year, Albert Park 3206, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $39,863$61,395
2013–14 $61,289$128,224
2014–15 $62,121$119,353
2015–16 $65,428$129,499
2016–17 $66,675$130,443
2017–18 $69,049$142,702
2018–19 $69,969$142,405
2019–20 $71,843$144,238
2020–21 $75,823$158,146
2021–22 $80,858$178,133
2022–23 $80,173$168,276
2023–24 $82,515$174,715

ATO Table 8

Taxable income by year, postcode 3206, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–047,384$39,863$61,395
2013–146,939$61,289$128,224
2014–156,993$62,121$119,353
2015–166,995$65,428$129,499
2016–176,992$66,675$130,443
2017–187,137$69,049$142,702
2018–197,089$69,969$142,405
2019–206,979$71,843$144,238
2020–216,669$75,823$158,146
2021–226,767$80,858$178,133
2022–236,954$80,173$168,276
2023–247,149$82,515$174,715

ATO Table 8

34.63%

ten-year growth in median taxable income, ATO 2023–24

from 2013–14 to 2023–24

ATO Table 8

Neighbouring postcodes

Postcodes that share a boundary with 3206, from ABS postal area boundaries (2021).

Median taxable income in 3206 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Albert Park 3206$82,5153
Port Melbourne 3207$79,5995
South Melbourne 3205$69,27342
Melbourne 3004$66,11175
St Kilda 3182$63,512100

ATO Table 8; boundaries from the ABS

Where it sits in Port Phillip

Albert Park 3206 ranks 1 of 7 postcodes in the Port Phillip local government area by median taxable income (ATO 2023–24, Table 8).

A postcode is listed under every LGA that holds at least 25% of it, so one that crosses a council boundary appears in more than one list.

Postcodes in the Port Phillip local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Albert Park 32061$82,515
Port Melbourne 32072$79,599
Elwood 31843$74,342
South Melbourne 32054$69,273
Melbourne 300478% of this postcode is in the LGA5$66,111
St Kilda East 318377% of this postcode is in the LGA6$65,938
St Kilda 31827$63,512

ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)

Ranked next to it in VIC

Five postcodes above and five below in the same state, or fewer at either end of the ranking.

Postcodes ranked immediately above and below 3206 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Puckapunyal 36621$86,568
Toorak 31422$82,873
Armadale 31434$81,445
Port Melbourne 32075$79,599
Malvern 31446$79,322
East Melbourne 30027$79,301
Richmond 31218$78,482

ATO Table 8