3309, VIC · Postcode

Economy & Advantage in 3309, VIC

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

Stronger education and job skills define the economy in postcode 3309, where an 8 out of 10 score puts the area ahead of about 80% of similar places. This professional advantage helps keep the overall outlook steady, with the typical resident's advantage score of 971 sitting just below the national average.

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📍 3309, VIC, Postcode

Where 3309, VIC sits — Socio-economic advantage (IRSAD decile)

5
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All postcode areas, 2021. The marker is 3309, VIC — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3309, VIC5
Glenelg 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Education and job skills are a clear highlight here, scoring 8 out of 10. While access to money and resources is lower at 6, the overall advantage score of 5 means the area sits right in the middle of all other regions.

5

Lower 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.

5

Lower than 57% 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.

6

Higher than 57% 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.

971

Lower than 54% 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 3309, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3309, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3309/3309-vic/topic/economy-advantage