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Hunter Valley exc Newcastle'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. 2311 - Carrabolla | $3,950 |
| 2. 2317 - Salamander Bay | $3,500 |
| 3. 2315 - Corlette | $3,280 |
| 4. 2329 - Merriwa (NSW) | $3,260 |
| 5. 2337 - Scone | $3,170 |
| 6. 2421 - Vacy | $3,110 |
| 7. 2420 - Dungog | $3,090 |
| 8. 2320 - Rutherford | $3,060 |
| 9. 2336 - Aberdeen (NSW) | $3,040 |
| 10. 2335 - Branxton | $3,020 |
|
11. |
$2,970 |
|
12. |
$2,960 |
|
13. |
$2,900 |
|
14. |
$2,900 |
|
15. |
$2,880 |
|
16. |
$2,870 |
|
17. |
$2,830 |
|
18. |
$2,790 |
|
19. |
$2,680 |
|
20. |
$2,680 |
|
21. |
$2,620 |
|
22. |
$2,600 |
|
23. |
$2,520 |
|
24. |
$2,500 |
|
25. |
$2,450 |
|
26. |
$2,240 |
|
27. |
$2,110 |
