3418, VIC · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A score of 942 for overall advantage puts postcode 3418 below the national average. This area faces more challenges than most of the country, with lower access to money, resources and job skills than the typical Australian region.
All postcode areas, 2021. The marker is 3418, VIC — lower than 64% of areas.
| 3418, VIC | 4 |
|---|---|
| Hindmarsh | 3 |
SEIFA indexes ranking relative advantage and disadvantage.
The area ranks as a 4 out of 10 for overall advantage, which is smaller than about 60% of similar areas. This is consistent with low scores for education and job skills, and a disadvantage rank of 3 out of 10.
4
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.
3
Lower than 71% 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.
4
Lower 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.
4
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.
942
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.
Australian Bureau of Statistics. (2021). Economy & Advantage in 3418, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3418/3418-vic/topic/economy-advantage
