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Murray'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. 2734 - Cunninyeuk | $8,580 |
| 2. 2707 - Coleambally | $4,550 |
| 3. 2739 - Buronga | $4,440 |
| 4. 2878 - Ivanhoe (NSW) | $4,290 |
| 5. 2715 - Balranald | $4,270 |
| 6. 2738 - Gol Gol | $4,240 |
| 7. 2736 - Tooleybuc | $4,000 |
| 8. 2644 - Holbrook | $3,950 |
| 9. 2716 - Jerilderie | $3,780 |
| 10. 2731 - Moama | $3,730 |
|
11. |
$3,710 |
|
12. |
$3,540 |
|
13. |
$3,470 |
|
14. |
$3,380 |
|
15. |
$3,290 |
|
16. |
$3,220 |
|
17. |
$3,160 |
|
18. |
$3,110 |
|
19. |
$3,110 |
|
20. |
$3,060 |
|
21. |
$3,050 |
|
22. |
$2,980 |
|
23. |
$2,950 |
|
24. |
$2,930 |
|
25. |
$2,920 |
|
26. |
$2,900 |
|
27. |
$2,860 |
|
28. |
$2,850 |
|
29. |
$2,810 |
|
30. |
$2,750 |
|
31. |
$2,700 |
|
32. |
$2,390 |
|
33. |
$1,880 |
|
34. |
$1,870 |
