3150, VIC · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A score of 9 for overall advantage puts postcode 3150 among the most prosperous areas in the country. This high standing is driven by exceptional levels of education and job skills, making it more advantaged than about 90% of similar places.
All postcode areas, 2021. The marker is 3150, VIC — higher than 86% of areas.
| 3150, VIC | 9 |
|---|---|
| Monash | 10 |
SEIFA indexes ranking relative advantage and disadvantage.
Residents here have a very high level of education and job skills, scoring a 9 out of 10. This helps drive an overall advantage score of 1,079, which is larger than about 87% of other 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.
8
Higher 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.
8
Higher than 71% 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.
9
Higher than 86% 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.
1,079
Higher than 87% 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 3150, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3150/3150-vic/topic/economy-advantage
