Postcode ATO 2023–24
Torquay 3228 income
The median taxable income for Torquay postcode 3228 was $62,922 in 2023–24, and the average taxable income was $88,525 (ATO Table 8).
15,852 individuals; ranked 111 of 594 in VIC; ranked 575 of 2,283 nationally by median taxable income.
15,852
individuals, ATO 2023–24
ATO Table 8
$62,922
median taxable income, ATO 2023–24
ATO Table 8
$88,525
average taxable income, ATO 2023–24
ATO Table 8
111
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
575
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,000. The highlighted band holds this one.
Show data
| 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 (includes this one) | 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 | 2 |
| $84,000 to $85,999 | 0 |
| $86,000 to $87,999 | 1 |
ATO Table 8
Taxable income by year
Vertical axis: Taxable income ($), 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
| Year | median taxable income | average taxable income |
|---|---|---|
| 2003–04 | $27,756 | $35,288 |
| 2013–14 | $41,465 | $58,472 |
| 2014–15 | $42,403 | $59,902 |
| 2015–16 | $44,030 | $61,232 |
| 2016–17 | $45,288 | $61,022 |
| 2017–18 | $48,448 | $65,440 |
| 2018–19 | $50,955 | $68,452 |
| 2019–20 | $52,320 | $71,502 |
| 2020–21 | $55,864 | $77,528 |
| 2021–22 | $58,894 | $83,193 |
| 2022–23 | $61,128 | $87,815 |
| 2023–24 | $62,922 | $88,525 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 6,819 | $27,756 | $35,288 |
| 2013–14 | 10,473 | $41,465 | $58,472 |
| 2014–15 | 10,906 | $42,403 | $59,902 |
| 2015–16 | 11,384 | $44,030 | $61,232 |
| 2016–17 | 12,039 | $45,288 | $61,022 |
| 2017–18 | 12,606 | $48,448 | $65,440 |
| 2018–19 | 13,407 | $50,955 | $68,452 |
| 2019–20 | 14,239 | $52,320 | $71,502 |
| 2020–21 | 14,860 | $55,864 | $77,528 |
| 2021–22 | 15,137 | $58,894 | $83,193 |
| 2022–23 | 15,540 | $61,128 | $87,815 |
| 2023–24 | 15,852 | $62,922 | $88,525 |
ATO Table 8
51.75%
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 3228, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Mount Duneed 3217 | 106 | |
| Torquay 3228 | 111 | |
| Barwon Heads 3227 | 135 | |
| Moriac 3240 | 188 | |
| Anglesea 3230 | 339 |
ATO Table 8; boundaries from the ABS
Where it sits in Surf Coast
Torquay 3228 ranks 1 of 8 postcodes in the Surf Coast 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.
| Postcode | rank in the LGA by median taxable income | median taxable income |
|---|---|---|
| Torquay 3228 | 1 | |
| Moriac 3240 | 2 | |
| Barrabool 322167% of this postcode is in the LGA | 3 | |
| Winchelsea 324197% of this postcode is in the LGA | 4 | |
| Anglesea 3230 | 5 | |
| Lorne 3232 | 6 | |
| Aireys Inlet 3231 | 7 | |
| Deans Marsh 323598% of this postcode is in the LGA | 8 |
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.
| Postcode | state rank by median taxable income | median taxable income |
|---|---|---|
| Mount Duneed 3217 | 106 | $63,311 |
| Belgrave 3160 | 107 | $63,277 |
| The Basin 3154 | 108 | $63,225 |
| Officer 3809 | 109 | $63,206 |
| Romsey 3434 | 110 | $63,132 |
| Doreen 3754 | 112 | $62,919 |
| Woodend 3442 | 113 | $62,634 |
| Selby 3159 | 114 | $62,506 |
| Baranduda 3691 | 115 | $62,499 |
| Rupanyup 3388 | 116 | $62,465 |
ATO Table 8