3393, VIC · Postcode

Economy & Advantage in 3393, VIC

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

A significant gap exists between postcode 3393 and the rest of the country, where overall advantage is much lower than the national figure. With a typical score of 908, the area ranks below about 85% of other similar places across Australia.

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📍 3393, VIC, Postcode

Where 3393, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3393, VIC — lower than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3393, VIC2
Yarriambiack 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here face more challenges than most, with access to money and resources scoring a 2 out of 10. This lack of resources is consistent with lower levels of education and job skills, which also sit at a 3 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 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.

908

Lower than 85% 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 3393, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3393, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3393/3393-vic/topic/economy-advantage