3424, VIC · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A low overall advantage score of 3 puts postcode 3424 among the least advantaged areas compared to most other parts of the country. With an overall score of 936, the area sits below the national average and faces challenges with limited access to resources.
All postcode areas, 2021. The marker is 3424, VIC — lower than 71% of areas.
| 3424, VIC | 3 |
|---|---|
| Yarriambiack | 3 |
SEIFA indexes ranking relative advantage and disadvantage.
Low scores of 4 for both education and access to money mean this area is less advantaged than about 60% of similar places. This is consistent with a low overall advantage score, which is smaller than about 70% of all areas.
3
Lower than 71% 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.
936
Lower than 72% 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 3424, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3424/3424-vic/topic/economy-advantage
