3065, VIC · Postcode

Economy & Advantage in 3065, VIC

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

High levels of wealth and skill define postcode 3065, where the overall advantage score of 1,066 is larger than about 84% of similar areas. This area stands out for its exceptional professional and educational standing, though it shows a surprising gap in direct access to some resources.

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📍 3065, VIC, Postcode

Where 3065, VIC sits — Socio-economic advantage (IRSAD decile)

9
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 3065, VIC — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3065, VIC9
Yarra 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have some of the highest education and job skills in the country, scoring a top mark of 10. Despite this, access to money and resources is much lower, scoring 1, which is smaller than about 90% 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.

4

Lower than 64% 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.

1

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.

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.

1,066

Higher than 84% 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 3065, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3065, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3065/3065-vic/topic/economy-advantage