Income and tax stats in Pyrmont (2009)

Pyrmont (2009) sits within the City of Sydney local government area. The ATO's postcode-level tax statistics provide one of the most granular and timely measures of household income and investment behaviour available for Australian suburbs. For property buyers, the key indicators are average taxable income (a demand signal), investment property ownership rate (a proxy for investor concentration), and capital gains activity (a signal of market turnover).

Capital gains activity in Pyrmont 2009 reflects how frequently properties are being sold at a profit, which is a function of both market conditions and the age of the housing stock. A high rate of capital gains declarations in a suburb that has not had strong recent price growth may indicate that a lot of long-held properties are being transacted, potentially a supply signal for buyers. A low rate may indicate low turnover and strong owner-occupier intent to hold.

Income and tax stats in nearby suburbs

More about Pyrmont