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Newcastle and Lake Macquarie's Foreign Income Landscape: A Comprehensive Ranking of Suburbs by Average Foreign Income
The average foreign income earned for each Australian tax resident. This includes any foreign income from pensions, business activities, employment, assets, and capital gains.The average foreign income data can be useful for property investors and those looking to move as it provides insights into the economic activity and diversity of a suburb. For property investors, this data can help identify suburbs with a higher concentration of residents earning foreign income, which may indicate a higher demand for rental properties. Additionally, this data can be useful for those looking to move as it can provide an indication of the economic opportunities available in a suburb, which may influence their decision to relocate. For example, a suburb with a high average foreign income may be attractive to individuals with international business interests or those seeking employment opportunities in multinational companies. Data from 2020
| Area | Value |
|---|---|
| 1. 2302 - Newcastle West | $41,100 |
| 2. 2300 - Newcastle | $32,200 |
| 3. 2265 - Cooranbong | $12,800 |
| 4. 2294 - Carrington (Newcastle - NSW) | $9,950 |
| 5. 2286 - West Wallsend | $9,360 |
| 6. 2278 - Killingworth (NSW) | $9,290 |
| 7. 2291 - Merewether | $8,850 |
| 8. 2295 - Fern Bay | $7,560 |
| 9. 2305 - New Lambton | $7,310 |
| 10. 2283 - Toronto | $6,960 |
|
11. |
$6,700 |
|
12. |
$6,580 |
|
13. |
$6,460 |
|
14. |
$6,310 |
|
15. |
$5,900 |
|
16. |
$5,650 |
|
17. |
$5,460 |
|
18. |
$5,450 |
|
19. |
$5,220 |
|
20. |
$5,210 |
|
21. |
$4,950 |
|
22. |
$4,520 |
|
23. |
$4,460 |
|
24. |
$4,460 |
|
25. |
$4,300 |
|
26. |
$4,150 |
|
27. |
$4,060 |
|
28. |
$4,030 |
|
29. |
$3,460 |
|
30. |
$3,420 |
|
31. |
$2,710 |
|
32. |
$2,560 |
|
33. |
$2,280 |
|
34. |
$2,230 |
|
35. |
$153 |
