3715, VIC · Postcode

Economy & Advantage in 3715, VIC

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

A score of 7 for access to money and resources puts postcode 3715 ahead of about 70% of similar areas. This region generally fares better than the national average across most measures of wealth and opportunity. Most residents have a steady footing in terms of their financial and social standing.

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📍 3715, VIC, Postcode

Where 3715, VIC sits — Socio-economic advantage (IRSAD decile)

6
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All postcode areas, 2021. The marker is 3715, VIC — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3715, VIC6
Mansfield 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area's overall advantage score is 986, which is slightly below the national average. However, it remains more advantaged than about 60% of similar areas, supported by a typical score of 6 for education and job skills.

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.

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.

7

Higher 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.

6

Higher 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.

986

Higher than 54% 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 3715, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3715, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3715/3715-vic/topic/economy-advantage