3068, VIC · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
Among the most advantaged areas in the country, postcode 3068 is defined by a very high overall advantage score of 1,133. While its access to general resources is lower than in 60% of similar areas, this is offset by a world-class level of education and professional skills.
All postcode areas, 2021. The marker is 3068, VIC — higher than 99% of areas.
| 3068, VIC | 10 |
|---|---|
| Yarra | 10 |
SEIFA indexes ranking relative advantage and disadvantage.
The area reaches the highest possible score of 10 for education and job skills, which helps drive its overall advantage ranking. This puts it among the largest for overall advantage in the nation, with a disadvantage score that is higher than about 90% of other areas.
10
Higher 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.
9
Higher than 86% 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.
4
Lower than 64% 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.
1,133
Higher 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.
Australian Bureau of Statistics. (2021). Economy & Advantage in 3068, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3068/3068-vic/topic/economy-advantage
