3361, VIC · Postcode

Economy & Advantage in 3361, VIC

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

Far fewer people have access to the same money and resources in postcode 3361 than in about 80% of similar areas. This creates a landscape of significant disadvantage, where both overall advantage and access to wealth are well below the national figures.

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📍 3361, VIC, Postcode

Where 3361, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3361, VIC — lower than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3361, VIC2
Corangamite 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area scores a 2 out of 10 for overall advantage, which is smaller than about 80% of other areas. This is consistent with low scores for access to money and resources, while education and job skills are slightly higher at 4 out of 10.

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Lower 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.

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Lower than 86% 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 86% 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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Lower 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.

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Lower than 82% 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 3361, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3361, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3361/3361-vic/topic/economy-advantage