3557, VIC · Postcode

Economy & Advantage in 3557, VIC

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

An advantage score of 974 places postcode 3557 just below the national average. While the area sits in the middle of the pack for overall advantage, residents generally have better access to money and resources than most other similar areas.

Open map →
📍 3557, VIC, Postcode

Where 3557, VIC sits — Socio-economic advantage (IRSAD decile)

5
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 3557, VIC — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3557, VIC5
Greater Bendigo 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Access to money and resources is relatively strong, scoring 8 out of 10. However, this contrasts with a lower score of 4 for education and job skills, which is smaller than about 60% of similar areas.

5

Lower than 57% 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.

7

Higher 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.

8

Higher than 71% 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.

974

Lower than 52% 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 3557, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3557, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3557/3557-vic/topic/economy-advantage