3540, VIC · Postcode

Economy & Advantage in 3540, VIC

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

An overall advantage score of 878 puts postcode 3540 among the smallest in the country. This area faces significant economic challenges, with very low rankings across most measures of wealth and opportunity. Most residents struggle with limited access to the resources typically found in other Victorian communities.

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📍 3540, VIC, Postcode

Where 3540, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3540, VIC — lower than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3540, VIC1
Gannawarra 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks 1 out of 10 for overall advantage, which is smaller than about 90% of other areas. This reflects deep disadvantage, with scores for education, job skills, and access to money all sitting at a low 2 out of 10.

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Lower than 99% 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 99% 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 86% 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.

878

Lower than 91% 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 3540, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3540, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3540/3540-vic/topic/economy-advantage