3978, VIC · Postcode

Economy & Advantage in 3978, VIC

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

Some of the highest levels of wealth and resource access in the region are found in postcode 3978. This area is significantly more advantaged than most other similar places, with a typical advantage score of 1,037 which is higher than about 76% of comparable areas.

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📍 3978, VIC, Postcode

Where 3978, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3978, VIC — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3978, VIC8
Casey 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have an exceptional level of access to money and resources, scoring a maximum 10 out of 10. This goes alongside strong education and job skills, which are higher than about 80% 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 71% 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.

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Higher than 71% 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.

1,037

Higher than 75% 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 3978, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3978, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3978/3978-vic/topic/economy-advantage