3928, VIC · Postcode

Economy & Advantage in 3928, VIC

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

A top score of 10 for overall advantage marks postcode 3928 as one of the most privileged areas in the country. Residents here have exceptional access to money and resources, placing the area among the most advantaged across Australia.

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📍 3928, VIC, Postcode

Where 3928, VIC sits — Socio-economic advantage (IRSAD decile)

10
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 3928, VIC — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3928, VIC10
Mornington Peninsula 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area reaches the highest possible level for both education and job skills. This is consistent with its overall advantage score of 1,102, which is much higher than the national average of around 1,000.

10

Higher than 99% 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.

10

Higher than 99% 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.

1,102

Higher than 91% 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 3928, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3928, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3928/3928-vic/topic/economy-advantage