3089, VIC · Postcode

Economy & Advantage in 3089, 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 education make life in postcode 3089 very comfortable. The area is among the most advantaged in the country, with an overall advantage score of 1,072 that is larger than about 86% of similar places.

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📍 3089, VIC, Postcode

Where 3089, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3089, VIC — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3089, VIC9
Nillumbik 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have exceptional access to money and resources, scoring a maximum 10 out of 10. This is consistent with a highly skilled local workforce, as education and job skills are higher 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.

10

Higher 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.

10

Higher 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.

1,072

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 3089, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3089, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3089/3089-vic/topic/economy-advantage