3927, VIC · Postcode

Economy & Advantage in 3927, 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 overall advantage puts postcode 3927 among the most prosperous areas in the country. This region is defined by an exceptional level of wealth and high educational attainment. It consistently outranks about 90% of similar areas across the nation in both skill and financial resources.

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📍 3927, VIC, Postcode

Where 3927, VIC sits — Socio-economic advantage (IRSAD decile)

9
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 3927, VIC — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3927, VIC9
Mornington Peninsula 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents have a top score of 10 for access to money and resources. This wealth is matched by high job skills, with an education score of 9 that is higher than about 90% of other areas.

9

Higher than 86% 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.

10

Higher than 99% 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.

10

Higher than 99% 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.

1,071

Higher than 85% 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 3927, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3927, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3927/3927-vic/topic/economy-advantage