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Mornington Peninsula's Income Inequality: A Closer Look at the Proportion of High Earners Amidst Lockdowns
The proportion of people who reported that they had a total personal income between $1250 and $2999 per week (before tax deductions) from all sources on the 10th of August for the 2021 Australian Census. It is important to note that on this date, Victoria was in lockdown, whilst NSW and ACT would follow in the next fortnight.The personal income data can be useful for property investors and those looking to move as it provides insight into the income levels of residents in different suburbs. This information can help investors identify areas with higher disposable incomes, which may indicate a higher demand for luxury properties or higher rental yields. Similarly, those looking to move may use this data to identify suburbs with a similar income range to their own, which may influence their decision on where to live. Additionally, this data can be useful for businesses looking to target specific income brackets with their products or services. Data from 2020
