3384, VIC · Postcode

Economy & Advantage in 3384, VIC

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

A modest score of 943 for overall advantage means residents in postcode 3384 generally have fewer resources than the typical person across Australia. While some people here have good access to money, this is offset by lower levels of formal education and job skills.

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📍 3384, VIC, Postcode

Where 3384, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3384, VIC — lower than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3384, VIC4
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Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks as smaller than about 60% of similar places for overall advantage. While access to money is better than for 70% of similar areas, education and job skills are lower than for 60% of those areas.

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Lower than 64% 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 64% 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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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.

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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.

943

Lower than 69% 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 3384, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3384, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3384/3384-vic/topic/economy-advantage