Latest news with #AussieHomeLoans
Man of Many
25-06-2025
- Business
- Man of Many
10 Highest-Earning Australian Postcodes Revealed
It doesn't take a government report to uncover where the 'rich' part of town is, but it helps. Taking a quick drive through some of the more ritzy areas in your city is usually enough to paint a picture of where the equity boundary lines have been drawn. Still, turning to the official numbers from the Australian Taxation Office (ATO) reveals the highest-earning postcodes in Australia. The government body reports, among other things, the richest suburbs in Australia. Sure, you can probably picture which regions are on the list, but Double Bay wasn't the only inner-city Sydney postcode to make the highest-earning suburbs in Australia list. Let's take a closer look! Highest-Earning Australian Postcodes at a Glance Highlights from our list include the following: Now you've read the highlights, let's check out the complete list. New South Head Road, Double Bay | Image: Domain 1. 2028 (Double Bay), NSW – $354,308 Number of individuals: 3,304 Average taxable income: $354,308 Median taxable income or loss: $88,066 If there's one Australian suburb that comes to mind immediately when you think about the nation's richest residents, it's Double Bay. The saying rings true, 'Double Bay, Double Pay,' as the suburb is home to the highest average income earners, with an average taxable income of $266,381. The 2028 postcode is home to some of Sydney's best high-end restaurants and cafes, but it's also known for its never-ending rows of mansions, Mercedes-Benz G Wagons, and beauty salons. Cottesloe | Image: Supplied 2. 6011 (Cottesloe, Peppermint Grove), WA – $295,283 Number of individuals: 6,704 Average taxable income: $295,283 Median taxable income or loss: $84,217 The only Western Australian postcode to make the highest-earning list, this place is home to mining billionaire Andrew Forrest, who benefited from China's unquenchable appetite for iron ore. There are two suburbs in this postcode: Cottesloe and Peppermint Grove, which are ruly spectacular beachside regions. Score pizza and seafood at the Indiana Cottesloe Beach restaurant, a former tea house from 1910, while oceanfront pubs with beer gardens host 'Sunday Sessions' with live music. Inland, you'll find hip bakeries, designer jewellers and plenty of fashion retailers. Wolseley Road, Point Piper | Image: Domain 3. 2027 (Darling Point, Edgecliff, Rushcutters Bay, Point Piper), NSW – $269,777 Number of individuals: 5,703 Average taxable income: $269,777 Median taxable income or loss: $87,915 Residents in these Sydney suburbs will be disappointed to know that they've dropped down the rankings of Australia's highest-earning postcodes this year. Holding onto the silver medal for years, the 2027 postcode on Sydney Harbour has dropped down to number seven on this list, with Darling Point, Edgecliff, Rushcutters Bay, and Point Piper individuals having an average taxable income of AU$269,777. Residents have included former Liberal Prime Minister Malcolm Turnbull and Aussie Home Loans founder John Symond. Toorak | Image: Domain 4. 3142 (Hawksburn, Toorak), VIC – $222,967 Number of individuals: 9,540 Average taxable income: $266,020 Median taxable income or loss: $79,919 Ahh, finally, the Melburnians can get in on the action with this top-earning Victorian postcode. Home to two of the top suburbs in the state: Hawksburn and Toorak, there's your usual array of mega-mansions amongst beautiful scenery just outside the CBD. Eddie McGuire lives in Toorak, so you know there's money here. However, this particular Toorak mansion smashed the national auction record in October 2021. Aston Gardens, Bellevue Hill | Image: Domain 5. 2023 (Bellevue Hill), NSW – $245,728 Number of individuals: 7,108 Average taxable income: $245,728 Median taxable income or loss: $84,477 Home to the third-most expensive private boys' school in Sydney, Scots College ($50,000+ per year), the Sydney suburb of Bellevue Hill is located in the 'sweet spot' between Rose Bay and Double Bay. Here, you'll find everything you need for your family, wife, and girlfriend, including bakeries filled with sourdough and neighbourhood restaurants. It's also just a stone's throw from The Royal Sydney Golf Club, and there's a handful of tennis courts to keep your better half busy while you're out working for those school fees. Rawson Road, Rose Bay | Image: Domain 6. 2030 (Dover Heights, Rose Bay, North Vaucluse, Watsons Bay), NSW – $230,597 Number of individuals: 9,539 Average taxable income: $230,597 Median taxable income or loss: $79,934 If you're a millionaire who wants to hide away from the hustle and bustle of Bondi, Double Bay, and Woollahra, the logical choice is to get yourself a cheeky mansion in Dover Heights. Just off Old South Head Road, the suburb has a handful of cafes and bars. However, it's better known for its eclectic groups of residents, which include everyone from alleged underworld figure John Ibrahim to Zac Efron. With views out over the Tasman Sea and Sydney Harbour, there's no better place to watch the sun go down than from your infinity pool. Portsea Pier | Image: Visit Melbourne 7. 3944 (Portsea), VIC – $221,867 Number of individuals: 586 Average taxable income: $221,867 Median taxable income or loss: $77,610 If you're a Melbourne millionaire and you're not hanging out at your Tookrak mansion, there's a good chance you're chilling by the pool at your holiday home in Portsea, VIC. However, with less than 600 individuals permanently residing in this seaside town, it's clear there's a market for rich retirees, too. Right next to Sorrento, this expensive Victorian postcode is home to the 'Millionaire's Walk' which doesn't need explaining, and the beautiful Sorrento Golf Club. Oh, and let's not forget about the Harold Holt Memorial at Portsea Beach, 'the swim that needs no towel' is cemented in Australian history. Unnamed Phillip Cox designed property on 2,074 sqm of waterfront land at Palm Beach | Image: Supplied / Domain 8. 2108 (Coasters Retreat, Currawong Beach, Great Mackerel Beach, Palm Beach), NSW – $216,262 Number of individuals: 1,283 Average taxable income: $216,262 Median taxable income or loss: $60,959 The global pandemic forced a large number of retirees out of the greater Sydney region. While a large portion of the Coasters Retreat, Currawong Beach, Great Mackerel Beach, and Palm Beach properties are inhabited as holiday retreats for the super wealthy, it appears many have moved from their main residences and back into these secluded retreats by the water. This has likely had an impact on the region's average taxable income, which increased to $216,262. What this has done to the price of coffee and avocado toast, we'll have to wait and see. Woolwich's $23 million 'Vailele' | Image: Supplied 9. 2110 (Woolich, Hunters Hill), NSW – $215,456 Number of individuals: 6,062 Average taxable income: $215,456 Median taxable income or loss: $79,612 The one-way in and one-way out postcode with a sprinkling of waterfront mansions and a great pub, it's easy to see why 2110 (Woolich, Hunters Hill) has reared its head amongst the highest-earning suburbs in Australia. $215,456 is the average taxable income for the suburb, but one would imagine that those couples purchasing homes like 'Vailele,' which fetched upwards of $20 million at auction a few years ago, are likely earning a whole lot more than this. What better way to balance a multi-million-dollar property portfolio than with a schooner of Carlton at the Woolich Pier Hotel? It's all about equal opportunity! Woollahra | Image: Woollahra Municipal Council 10. 2025 (Woollahra), NSW – $212,881 Number of individuals: 4,922 Average taxable income: $212,881 Median taxable income or loss: $86,071 While suburbs like Rose Bay, Double Bay, and Vaucluse lean heavily on the waterfront living experience, Woollahra brings all the Eastern Suburbs glitz and glamour you would hope for, but with a city-living skew. Here, you'll find everything from mega mansions to Chargrill Charlies, but above all else, it's the selection of fashion retailers that make their way along Oxford Street into Paddington and the selection of pubs that makes this suburb stand out to the millionaires. It's also near Centennial Park, which is a bonus. Highest-Earning Australian Postcodes | Image: Supplied / ATO Suburbs That Dropped Outside the Top of the List Next time your mate from Melbourne complains about the price of houses in Victoria, remind them that Sydney had seven spots on the top 10 list of highest-earning postcodes. Tell him to loosen his R.M. Williams belt while he's at it. Melbourne had two cracks at the top 10, with Toorak in the city's inner-east coming in 4th and new-entrant (and retieree-favourite) Portsea landing in 7th place. However, it wasn't all fun and games for high-earners in these postcodes, as new developments in key Australian postcodes have kicked some well-known ritzy spots off the top of the list. 2088 (Mosman, Spit Junction), NSW | Image: Wikipedia 2088 (Mosman, Spit Junction), NSW – $188,234 Number of individuals: 19,706 Average taxable income: $188,234 Where most people who live in the East haven't heard of Northbridge, most people who live in Mosman probably think they live in the most affluent suburb in Sydney. However, we've got some news because, according to the data, they just fell outside the top 10 highest-earning postcodes in Australia. Spanning from Bradley's Head in the South to The Spit Bridge in the North, Middle Head in the East, and Cremorne in the West, the 2088 postcode is the largest on this list with 19,706 individuals. You'll find people from all walks of life around North Sydney's version of Rose Bay. Northbridge Golf Club | Image: Northbridge Golf Club 2063 (Northbridge), NSW – $191,225 Number of individuals: 4,284 Average taxable income: $191,225 Most people who live in the Eastern Suburbs postcodes that dominate this list don't even realise Northbridge is in Sydney, let alone one of the highest-earning postcodes in Australia. Seriously, like everything that happens in Vegas, it seems the first rule about living in Northbridge is not mentioning Northbridge. However, they've recently fallen outside the top 10 with a sub-$200k average taxable income threshold: 'Imagine earning less than $200,000,' says someone from the East. Here, you'll find the Northbridge Sailing Club, the Northbridge Golf Club, and more cafes than you can poke a Platinum AMEX at. You'll also like:
Daily Mail
23-04-2025
- Entertainment
- Daily Mail
She was known as fashion's 'It Girl' but this year Nadia Fairfax's birthday bash looked very different after her falling out with Kristin Fisher as host of famous faces stay away
Nadia Fairfax's birthday parties have long been the talk of Sydney. Known as the 'It Girl' of Australian fashion, her celebrations each year were once an eastern suburbs high society fixture with miles-long Who's Who guest lists. But this year, Nadia has kept her 36th birthday bash low-key and nixed her annual hashtag 'PartywithNardy' as her tight girl group continues to shrink following her falling out with eyebrow queen Kristin Fisher. Sharing several stunning photographs of the event to her Instagram on Tuesday, Nadia was all smiles as she celebrated with her nearest and dearest. The event appeared to be garden party themed, with some guests seen dishing up delicious plates of food. Everyone donned their best clothes as they enjoyed drinks inside Nadia's lavish home, before they moved the gathering out into the yard. Other guests could be seen dancing up a storm. Nadia was seen embracing her closest pals, but there were some very notable faces missing from her garden soirée. PR guru Montarna McDonald was absent from the birthday celebrations, despite the 35-year-old once dubbing Nadia her 'partner in crime ' in a 2021 social media post. The pair were so close that Nadia even met her financier husband Michael Wayne at Montarna's December 2018 wedding to ex-partner Nick Pitt. Deborah Symond O'Neil also did not attend, despite inviting Nadia to her Sydney society husband Ned O'Neil's 40th celebration in May last year. The Aussie Home Loans heiress, 36, was frequently seen running in the same girl group as Nadia which, at its peak, including faces like McDonald, Kate Waterhouse, Phoebe Burgess, Elliot Garnaut and Jasmine Yarbrough, among others. Nadia was also a fixture at Deborah's 'mates-moon' following her wedding to Ned. In June 2018, Deborah invited Nadia and other female friends onto her father John Symond's superyacht Hasna to celebrate her new married life. But it seems their relationship may have cooled as Deborah was notably absent from Nadia's birthday celebrations this week. Another high-society name who didn't attend the soirée was stylist Elliot Garnaut. Nadia and Elliot, 34, were once attached at the hip and attended several events together, with Elliot styling the blonde beauty for her outings. However, Elliot was nowhere to be seen in the images Nadia shared to her socials. Nor were Pilates queen Bernadette Fahey or heiress Lou O'Neil. Hamilton Island owner Nicky Oatley also ran in the same circles as Nadia. Daily Mail Australia understands Nadia even asked Nicky to be the godmother to her one-year-old daughter Cordelia just months ahead of her birthday party, but the honour was politely declined as Nicky doesn't consider her a close friend. But the most notably absent face from Nadia's 36th was Double Bay eyebrow artist Kristin Fisher, with the pair suffering a very public falling out in 2021. Sydney's elite social set was rocked by rumours the former best friends went their separate ways in the wake of Kristin's cocaine scandal that year. Kristin, 39, was allegedly caught buying cocaine on July 17, 2021 after a drug dealer was pulled over by police for driving erratically in Bondi. The cocaine drama went unnoticed by the media for months, before suddenly making headlines in September 2021. Kristin and Nadia unfollowed each other on Instagram at about the same time, though it was unclear why. When Daily Mail Australia contacted the women for comment, they quietly refollowed each other on the social media app. Nadia also insisted she hadn't fallen out with Kristin - despite rumours of their rift being the talk of the eastern suburbs. 'What you're speculating is factually incorrect,' she said. 'Kristin and I have had a wonderful friendship over the years and I continue to wish her well throughout her current situation, and no doubt you'll hear the same from Kristin. 'I had no prior knowledge of the [cocaine] incident, and found out just like everyone else through the media.' The most notably absent face from Nadia's 36th was Double Bay eyebrow artist Kristin Fisher, with the pair suffering a very public falling out in 2021 However, once the media scrutiny lifted, Kristin and Nadia once again unfollowed each other. In March 2021, months before the cocaine scandal broke, Kristin served as a bridesmaid at Nadia's multimillion-dollar wedding to financier Michael. Kristin's daughter Lila was a flower girl at the ritzy nuptials, which were held at a heritage-listed mansion in Sydney's Darling Point. Documenting the occasion at the time, Kristin uploaded images of herself celebrating with Nadia, adding the caption: 'Our best friends' wedding.' But in the weeks following the cocaine saga, Nadia and Kristin were untagged in each other's Instagram photos from the wedding. On the evening of 17 July, 2021, Kristin was allegedly caught buying cocaine after her drug dealer was pulled over by police for driving erratically. Kristin was convicted and fined $550 after she failed to appear in Waverley Court in September 2021, charged with possessing a prohibited drug and failing to comply with public health orders. However, in October, she managed to convince the court to annul her conviction for cocaine possession, earning a six-month conditional release order and a stern warning from Magistrate Ross Hudson.
