3169, VIC · Postcode

Economy & Advantage in 3169, VIC

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

Growth in skills and job prospects has shifted the economic landscape of postcode 3169 over the last decade. While overall advantage is now higher than about 60% of all areas, the local community sees a sharp split between high levels of education and limited access to money.

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📍 3169, VIC, Postcode

Where 3169, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3169, VIC — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3169, VIC6
Kingston 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here are generally well-qualified, with education and job skills ranking higher than about 70% of similar areas. However, access to money and resources is much lower, falling below 70% of other areas at this level.

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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.

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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.

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Lower 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.

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Higher than 64% 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.

980

Higher than 51% 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 3169, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3169, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3169/3169-vic/topic/economy-advantage