3923, VIC · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A score of 1,014 for overall advantage shows that 3923 has become more prosperous than most of the country. This area is now better off than about 68% of similar places. It is a wealthy pocket where residents generally have strong access to money and a high level of education.
All postcode areas, 2021. The marker is 3923, VIC — higher than 64% of areas.
| 3923, VIC | 7 |
|---|---|
| Bass Coast | 6 |
SEIFA indexes ranking relative advantage and disadvantage.
Most residents here experience very little hardship, with a disadvantage score that is higher than about 90% of other areas. This is backed by strong access to resources and job skills, both of which rank higher than 70% of similar places.
7
Higher than 64% 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.
9
Higher than 86% 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.
7
Higher 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.
1,014
Higher than 67% 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 3923, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3923/3923-vic/topic/economy-advantage
