Gold Coast: Average wages across the city revealed in new Australian Bureau of Statistics (ABS) data
New data outlines the average full-time salary for workers across the city - and the results may surprise you. SEE HOW YOUR SUBURB FARES
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GOLD Coast workers living in Helensvale, Hope Island and Sanctuary Cove rake in the highest wages in the city, while Chirn Park, Southport and Labrador residents earn the least.
New data by the Australian Bureau of Statistics (ABS) outlines the average full-time salary for workers across the city by postcode area.
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Helensvale, Hope Island and Sanctuary Cove workers topped the city with a wage of $71,586, while Chirn Park, Southport and Labrador workers earned almost $15,000 less at $57,162.
Meanwhile, the average wage in the 4217 postcode including iconic Surfers Paradise is $62,018, which is almost $10,000 less than the Coast’s top earners.
The average wage in Helensvale, Hope Island and Sanctuary Cove tops the city, but it’s a far cry from the worker incomes of top-earning postcode areas in the state.
Queensland mining towns Middlemount and Moranbah have average yearly wages across full time and part-time workers of $109,994 and $105,071, respectively, according to the latest Australian Taxation Office data.
Queensland’s lowest earners were in Bollon/Bargunyah averaging $41,075, Fleurbaix/Cottonvale averaging $44,061 and Thulimbah averaging $45,402.
On the Coast, some of the higher earning postcode areas are rural locales, including Gilberton Tamborine and Tallebudgera, which earned $66,445, $68,094 and $67,443, respectively.
Demographer and social researcher Mark McCrindle said Australians shifting from capital cities could have an impact on salaries.
Australian capitals lost 11,200 people in the September 2020 quarter from internal migration, marking the largest quarterly net loss on record.
“One of the great upsides of COVID has been this ability to decouple work from location and open up lifestyle possibilities we never had,” Mr McCrindle said.
“People are finding they can head a bit further out and they can get breathing space on the mortgage and get more for less – and the lifestyle is there as well.
“What we now have, and it’s really now the first time we have had it, is people moving to the regions but on capital city salaries.
“They are taking the job with them to the new location and that is giving them an extra financial springboard – lower costs but maintained earnings.
“It will also raise up the earnings of others in their regional areas.
“They can spend more so it’s a boom for the regional economies.”
Below are the ABS average full-time salaries on the Coast by postcode, ranked from highest to lowest earnings.
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