3081, VIC · Postcode

Economy & Advantage in 3081, VIC

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

A score of 8 for education and job skills marks postcode 3081 as a highly qualified area. While many residents have strong professional skills, there is a significant gap in their actual access to money and resources.

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📍 3081, VIC, Postcode

Where 3081, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3081, VIC — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3081, VIC6
Banyule 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Education and job skills are much higher than in most areas, but access to money and resources is much lower. This creates a mixed profile where the overall advantage score of 985 is just below the national average.

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Higher than 57% 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.

3

Lower 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.

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.

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.

985

Higher than 53% 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 3081, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3081, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3081/3081-vic/topic/economy-advantage