3061, VIC · Postcode

Economy & Advantage in 3061, VIC

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

A typical overall advantage score of 845 means postcode 3061 faces significant financial and social challenges. This area ranks among the least advantaged across the country, with residents having much lower access to money and resources than those in most other regions.

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📍 3061, VIC, Postcode

Where 3061, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3061, VIC — lower than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3061, VIC1
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Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The community has very low levels of education and job skills, with an overall advantage score that is among the smallest for areas at this level. This contributes to a high level of disadvantage compared to about 90% of other areas.

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Lower 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.

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Lower than 99% 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.

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Lower than 99% 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.

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Lower 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.

845

Lower than 97% 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 3061, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3061, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3061/3061-vic/topic/economy-advantage