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Income and tax stats in Northmead (2152)

ATO tax data for Northmead (2152) reveals the financial profile of the suburb's resident taxpayers in a way that the ABS Census, which is collected only every five years, cannot. Annual ATO data captures income shifts earlier, making it particularly useful for detecting gentrification trends or income growth that has not yet been reflected in property prices.

How might Northmead change?

Investor activity in Northmead

2152 · ATO Taxation Statistics · ~18-month lag

Source: ATO Taxation Statistics (CC BY 2.5 AU).

Average taxable income in Northmead is a useful but imperfect demand signal. It reflects who lives there now, not who will live there in five years. If the average taxable income has been rising faster than the Parramatta LGA average over recent ATO releases, it may signal income-driven gentrification, with wealthier residents displacing lower-income ones, which has historically been associated with above-average capital growth in Sydney.

Income and tax stats in nearby suburbs

Carlingford 2118Dundas 2117Ermington 2115Harris Park 2150North Parramatta 2151Old Toongabbie 2146

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