3206, VIC · Postcode

Economy & Advantage in 3206, VIC

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

Top-tier rankings for overall advantage make postcode 3206 one of the most prosperous areas in the country. With a typical advantage score of 1,138, it sits among the most advantaged places nationwide, driven by exceptional levels of education and job skills.

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📍 3206, VIC, Postcode

Where 3206, VIC sits — Socio-economic advantage (IRSAD decile)

10
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 3206, VIC — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3206, VIC10
Port Phillip 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is among the most advantaged in the nation, scoring a maximum 10 for overall advantage and minimal disadvantage. This is supported by education and job skills that rank among the highest across all areas, while access to money and resources is higher than about 70% of similar places.

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.

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.

7

Higher 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.

1,138

Higher than 98% 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 3206, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3206, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3206/3206-vic/topic/economy-advantage