2296, NSW · Postcode

Economy & Advantage in 2296, NSW

How well-off the area is, how fast its population is growing, and the businesses and new homes here.

Higher levels of advantage than most similar areas define postcode 2296, where the overall advantage score is 1,033. This area stands out for having a very highly skilled workforce, though access to money and resources is notably lower.

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📍 2296, NSW, Postcode

Where 2296, NSW sits — Socio-economic advantage (IRSAD decile)

8
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 2296, NSW — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2296, NSW8
Newcastle 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have a strong edge in education and job skills, scoring 9 out of 10, which is higher than about 90% of similar areas. While overall advantage is high at 8 out of 10, access to money and resources is much lower, scoring only 2.

8

Higher than 71% 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.

6

Higher than 57% 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.

2

Lower than 86% 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.

9

Higher than 86% 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.

1,033

Higher than 74% 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.

Sources

  • Socio-Economic Indexes for Areas (SEIFA) — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 2296, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2296, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2296/2296-nsw/topic/economy-advantage