3942, VIC · Postcode
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 makes postcode 3942 one of the most prosperous areas in the country. This region stands out for its high levels of wealth and professional qualifications, placing it well above the national average for general wellbeing.
All postcode areas, 2021. The marker is 3942, VIC — higher than 86% of areas.
| 3942, VIC | 9 |
|---|---|
| Mornington Peninsula | 9 |
SEIFA indexes ranking relative advantage and disadvantage.
Residents here enjoy a very high level of advantage, with a score of 9 that is larger than about 90% of other areas. This is driven by strong education and job skills, which are higher than 90% of similar places.
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.
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.
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.
1,056
Higher than 81% 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 3942, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3942/3942-vic/topic/economy-advantage
