3227, VIC · Postcode

Economy & Advantage in 3227, VIC

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

A top score of 10 for overall advantage marks postcode 3227 as one of the most prosperous areas in the country. Residents here benefit from exceptional levels of wealth, education, and professional skills that far exceed the national average.

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📍 3227, VIC, Postcode

Where 3227, 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 3227, VIC — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3227, VIC10
Greater Geelong 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks in the highest possible bracket for access to money, job skills, and overall advantage. This is reflected in an overall advantage score of 1,100, which is much higher than the national average of 1,000.

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.

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.

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.

1,100

Higher than 91% 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 3227, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3227, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3227/3227-vic/topic/economy-advantage