3718, VIC · Postcode

Economy & Advantage in 3718, VIC

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

Eight out of ten areas like this one are less advantaged than postcode 3718. This region stands out for its strong educational profile and resources, with an overall advantage score of 1,036, which is higher than about 75% of similar places.

Open map →
📍 3718, VIC, Postcode

Where 3718, VIC sits — Socio-economic advantage (IRSAD decile)

8
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 3718, VIC — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3718, VIC8
Murrindindi 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have very high job skills and education, scoring 9 out of 10, which is better than about 90% of similar areas. This helps explain the high overall advantage score and a level of financial resource access that is larger than about 60% of comparable places.

8

Higher 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.

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.

6

Higher than 57% 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.

9

Higher 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.

1,036

Higher than 75% 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 3718, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3718, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3718/3718-vic/topic/economy-advantage