3055, VIC · Postcode

Economy & Advantage in 3055, VIC

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

A high level of overall advantage marks postcode 3055, where the area ranks higher than about 90% of other locations. While residents have some of the strongest education and job skills in the country, this does not always translate to the same level of access to money and resources.

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📍 3055, VIC, Postcode

Where 3055, VIC sits — Socio-economic advantage (IRSAD decile)

9
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All postcode areas, 2021. The marker is 3055, VIC — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3055, VIC9
Moreland 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical overall advantage score is 1,075, which is higher than about 87% of other areas. While education and job skills are among the highest possible at level 10, access to money and resources is much lower at level 2, being smaller than about 80% of similar areas.

9

Higher than 86% 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.

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.

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.

1,075

Higher than 86% 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 3055, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3055, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3055/3055-vic/topic/economy-advantage