3688, VIC · Postcode

Economy & Advantage in 3688, VIC

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

A score of 9 for access to money and resources puts postcode 3688 in a stronger position than about 90% of similar areas. This high level of financial security supports an overall advantage score of 995, which is slightly below the national average but still higher than most other areas.

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📍 3688, VIC, Postcode

Where 3688, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3688, VIC — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3688, VIC6
Indigo 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

While access to wealth is very high, education and job skills are more average, sitting in the middle of the pack for similar areas. This balance results in a low level of disadvantage, with the area scoring better than about 80% of all other regions.

6

Higher 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.

8

Higher 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.

9

Higher 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.

5

Lower than 57% 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.

995

Higher than 58% 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 3688, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3688, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3688/3688-vic/topic/economy-advantage