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Southern Highlands and Shoalhaven'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. 2576 - Bowral | $4,560 |
| 2. 2535 - Shoalhaven Heads | $4,030 |
| 3. 2571 - Picton (NSW) | $3,480 |
| 4. 2577 - Moss Vale | $3,440 |
| 5. 2579 - Exeter (NSW) | $3,420 |
| 6. 2578 - Bundanoon (NSW) | $3,290 |
| 7. 2538 - Milton (NSW) | $3,210 |
| 8. 2575 - Mittagong | $3,190 |
| 9. 2622 - Braidwood | $3,090 |
| 10. 2540 - Sanctuary Point | $3,030 |
|
11. |
$3,010 |
|
12. |
$2,920 |
