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Gold Coast's Top Suburbs Revealed: Average Deduction Costs Unveiled for Savvy Taxpayers
The average tax deduction for each person claimed a tax deduction in the financial year. Deductions can be claimed on some work-related expenses, such as travel, clothing, and self-education, and other expenses, such as the gifts and donations to deductible gift recipients.The average deduction cost data can be useful for property investors and those looking to move to a new suburb. By understanding the average tax deduction for each person in a suburb, investors can gain insights into the cost of living and potential expenses associated with living in that area. For example, if a suburb has a high average deduction cost for work-related expenses, it may indicate that the cost of living in that area is higher due to the need for work-related expenses. Similarly, if a suburb has a high average deduction cost for gifts and donations, it may indicate that the community is more charitable and community-focused. This information can help investors make informed decisions about where to invest in property or where to move to. Data from 2010
| Area | Value |
|---|---|
| 1. 4217 - Surfers Paradise | $4,940 |
| 2. 4218 - Broadbeach Waters | $4,790 |
| 3. 4225 - Coolangatta (Qld) | $4,160 |
| 4. 4212 - Helensvale | $4,160 |
| 5. 4228 - Tallebudgera | $4,140 |
| 6. 4216 - Biggera Waters | $4,080 |
| 7. 4223 - Currumbin Waters | $3,740 |
| 8. 4224 - Tugun | $3,740 |
| 9. 4213 - Mudgeeraba | $3,720 |
| 10. 4272 - Tamborine Mountain | $3,690 |
|
11. |
$3,600 |
|
12. |
$3,480 |
|
13. |
$3,480 |
|
14. |
$3,440 |
|
15. |
$3,410 |
|
16. |
$3,410 |
|
17. |
$3,320 |
|
18. |
$3,300 |
|
19. |
$3,250 |
|
20. |
$3,220 |
|
21. |
$3,180 |
|
22. |
$2,930 |
|
23. |
$2,790 |
