3943, VIC · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
Top marks for education and job skills define postcode 3943, where residents hold some of the highest levels of advantage in the country. The area is exceptionally well-off, with an overall advantage score of 1,099 that is higher than about 91% of similar areas.
All postcode areas, 2021. The marker is 3943, VIC — higher than 99% of areas.
| 3943, VIC | 10 |
|---|---|
| Mornington Peninsula | 9 |
SEIFA indexes ranking relative advantage and disadvantage.
Residents here have a maximum score of 10 for both overall advantage and education, placing them among the most advantaged across Australia. This is consistent with their access to money and resources, which is higher than about 90% of similar areas.
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.
9
Higher than 86% 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.
1,099
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.
Australian Bureau of Statistics. (2021). Economy & Advantage in 3943, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3943/3943-vic/topic/economy-advantage
