2034, NSW · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
High levels of wealth and education have defined postcode 2034 over the last decade. The area's overall advantage score has risen to 1,145, placing it among the most advantaged areas in the country. This strength is driven by an exceptionally skilled workforce.
All postcode areas, 2021. The marker is 2034, NSW — higher than 99% of areas.
| 2034, NSW | 10 |
|---|---|
| Randwick | 10 |
SEIFA indexes ranking relative advantage and disadvantage.
The area is among the most advantaged in Australia, with a top score of 10 for both overall advantage and education and job skills. Very few people experience hardship here, as the area ranks higher than 90% of other places for low disadvantage.
10
Higher than 99% of postcode areas.
ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the 10% most advantaged. IRSAD summarises both advantage and disadvantage, so a high score reflects relatively many high-income, well-educated households and few low-income, low-skill ones.
9
Higher than 86% of postcode areas.
ABS Index of Relative Socio-economic Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the least disadvantaged. IRSD focuses on disadvantage alone (low income, low education, unemployment, unskilled occupations), so a higher decile means relatively less disadvantage.
5
Lower than 57% of postcode areas.
ABS Index of Economic Resources, 2021, as a national decile: 1 = among the 10% lowest areas for economic resources in Australia, 10 = among the highest. IER reflects the income, housing costs, dwelling size and assets of households, so a higher decile means relatively greater economic resources.
10
Higher than 99% of postcode areas.
ABS Index of Education and Occupation, 2021, as a national decile: 1 = among the 10% lowest areas for education and occupation in Australia, 10 = among the highest. IEO reflects residents' qualifications and the skill level of their jobs, so a higher decile means a more highly educated and skilled workforce.
1,145
Higher than 99% of postcode areas.
ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a raw index score (standardised so the Australian average is about 1000). Higher scores indicate relatively greater advantage; lower scores greater disadvantage.
Australian Bureau of Statistics. (2021). Economy & Advantage in 2034, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2034/2034-nsw/topic/economy-advantage
