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Geelong's Top Suburbs: Unveiling the Average Net Income from Businesses
The average income earned for each person from their business after accounting for all expenses and tax. Business income includes all earnings from regular business activities, such as in-person and online sales and foreign income, and all other business income, such as capital gains and business prizes.The average net income from businesses data can be useful for property investors and those looking to move as it provides insight into the economic health of a suburb. A higher average net income from businesses indicates a more prosperous community, which may attract businesses and increase property values. For example, a property investor may use this data to identify suburbs with a high average net income from businesses to invest in. Similarly, someone looking to move may use this data to find suburbs with a strong economy and job market. Data from 2020
| Area | Value |
|---|---|
| 1. 3220 - Newtown (Greater Geelong - Vic.) | $45,700 |
| 2. 3213 - Lovely Banks | $36,600 |
| 3. 3218 - Geelong West | $28,500 |
| 4. 3228 - Torquay (Vic.) | $28,000 |
| 5. 3226 - Ocean Grove | $27,800 |
| 6. 3227 - Barwon Heads | $27,200 |
| 7. 3232 - Lorne (Vic.) | $26,400 |
| 8. 3225 - Queenscliff (Vic.) | $26,200 |
| 9. 3222 - Curlewis (Vic.) | $25,800 |
| 10. 3230 - Anglesea | $25,500 |
|
11. |
$24,600 |
|
12. |
$23,700 |
|
13. |
$23,400 |
|
14. |
$23,100 |
|
15. |
$22,200 |
|
16. |
$21,200 |
|
17. |
$21,100 |
|
18. |
$20,800 |
|
19. |
$20,200 |
|
20. |
$18,300 |
|
21. |
$18,200 |
|
22. |
$17,900 |
|
23. |
$17,800 |
|
24. |
$16,700 |
|
25. |
$16,400 |
|
26. |
$16,200 |
|
27. |
$15,800 |
|
28. |
$13,800 |
|
29. |
$13,000 |
|
30. |
$12,800 |
|
31. |
$8,860 |
|
32. |
$5,910 |
|
33. |
$3,540 |
|
34. |
$1,030 |
