The latest report shows that the median HH income is now $8,290 pm in 2014, which is higher than in 2013. Hence it would not be surprising that the mean (average) HH income will be much higher. For those who don't know, there is a difference between mean and median.

So, it would not be surprising to have typical families with HH incomes of $150k pa or more. Youngsters nowadays also earn high incomes. A local grad couple in their early 30s could earn a HH income of $200k pa easily. They would typically live in a condo and can easily own a car costing $100k-$150k.