2905, ACT · Postcode

Economy & Advantage in 2905, ACT

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

High levels of financial security and education shape daily life for the people of postcode 2905. This area is more advantaged than about 80% of similar places, with an overall advantage score of 1,040 that sits above the national average.

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📍 2905, ACT, Postcode

Where 2905, ACT sits — Socio-economic advantage (IRSAD decile)

8
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All postcode areas, 2021. The marker is 2905, ACT — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2905, ACT8
Unincorporated ACT 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have strong access to money, resources, and job skills, both scoring 8 out of 10. This high level of education and wealth means the area has much less disadvantage than most other places.

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.

8

Higher than 71% 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.

8

Higher than 71% 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.

8

Higher than 71% 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.

1,040

Higher than 76% 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 2905, ACT

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2905, ACT [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2905/2905-act/topic/economy-advantage