4705, QLD · Postcode

Economy & Advantage in 4705, QLD

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

An overall advantage score of 997 puts postcode 4705 just under the national average, though it fares better than about 60% of similar areas. This region generally enjoys a stable economic position with a strong level of access to money and resources.

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📍 4705, QLD, Postcode

Where 4705, QLD sits — Socio-economic advantage (IRSAD decile)

7
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 4705, QLD — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
4705, QLD7
Isaac 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks high for access to money and resources, scoring 8 out of 10, which is better than about 80% of similar places. This contributes to an overall advantage score of 7, placing it above 70% of all areas across the country.

7

Higher than 64% 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.

6

Higher than 57% 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.

6

Higher than 57% 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.

997

Higher than 59% 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 4705, QLD

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 4705, QLD [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA4705/4705-qld/topic/economy-advantage