3975, VIC · Postcode

Economy & Advantage in 3975, VIC

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

A score of 1,026 puts postcode 3975 well above the national average for overall advantage. Residents here generally have more money and better resources than those in most other parts of the country. This reflects a high level of overall advantage compared to the typical Australian area.

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📍 3975, VIC, Postcode

Where 3975, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3975, VIC — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3975, VIC8
Casey 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is very wealthy, with access to money and resources ranking higher than about 90% of similar places. This advantage is supported by a strong level of education and job skills, which is higher than about 70% of similar areas.

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Higher than 71% 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.

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Higher than 64% 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.

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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.

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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.

1,026

Higher than 72% 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 3975, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3975, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3975/3975-vic/topic/economy-advantage