Weekly Family Income

Postcode 4000

Postcode or suburb:

Graph:

 

Please click here for terminology.

Average Weekly Family income

Taken as what the average family earn on a weekly basis before tax. The average of all states in 2006 was $1226 before tax. The ACT recorded the highest pay packet of $1874 per week. The ACT has also recorded the fastest nominal growth rate in family incomes between 1991 and 2006, growing by 110% in total over the period.

Going forward SQM Research projects that Queensland will have the fastest growing nominal family income; rising by 29.8% for the period 2007 – 2016.

SQM research has found that income has a strong influence on real estate  price growth; more so that population growth, over the long term.

Please note the different colour shading used for 2011 and 2016 are just highlighting our projections verses actual data.

All projections are just simple extrapolations of what has occurred historically.
The projections and actual data should not be relied upon in making investment decisions.

COPYRIGHT and Disclaimer

The demographics are compiled from a variety of sources including the Australian Bureau of Statistics and research by SQM Research Pty Ltd. Copyright in ABS Data resides with Commonwealth of Australia. Used with permission. (www.abs.gov.au)

All projections and compilations of underlying demographic data are compiled and published by SQM Research Pty Ltd ABN 93 122 592 036

In compiling this publication, the Publisher relies upon information supplied by a number of external sources. The publication is supplied on the basis that, while the Publisher believes all the information in it will be correct at the time of publication, it does not warrant its accuracy or completeness and to the full extent allowed by law excludes liability in contract, tort or otherwise, for any loss or damage sustained by subscribers, or by any other person or body corporate arising from or in connection with the supply or use of the whole or any part of the information in this publication through any cause whatsoever and limits any liability it may have to the amount paid to the Publisher for the supply of such information.

The data and projections should be used as a guide only and should not be relied upon in making investment decisions.

Copyright © 2020 SQM Research PTY LTD