3823, VIC · Postcode
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 marks postcode 3823 as more affluent than about 70% of similar areas. While the area performs well in terms of wealth, its overall advantage is more modest, sitting right in the middle of the pack compared to other regions.
All postcode areas, 2021. The marker is 3823, VIC — lower than 57% of areas.
| 3823, VIC | 5 |
|---|---|
| Baw Baw | 7 |
SEIFA indexes ranking relative advantage and disadvantage.
The typical resident has a fair level of advantage, with an overall score of 973 being slightly lower than about 52% of similar areas. While education and job skills are about average for the country, the area's higher access to resources helps it stay above the most disadvantaged regions.
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.
6
Higher than 57% 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.
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.
973
Lower than 53% 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.
Australian Bureau of Statistics. (2021). Economy & Advantage in 3823, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3823/3823-vic/topic/economy-advantage
