4718, QLD · Postcode

Economy & Advantage in 4718, QLD

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

A typical score of 930 puts postcode 4718 below the national average for overall advantage. This area faces significant gaps in resources and skills compared to most other parts of the country. It is a region where many residents have less access to the money and education needed to get ahead.

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📍 4718, QLD, Postcode

Where 4718, QLD sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 4718, QLD — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
4718, QLD3
Central Highlands 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks low for overall advantage, scoring a 3 out of 10, which is smaller than about 70% of similar areas. This is linked to low scores for education and job skills (2 out of 10) and poor access to money and resources (3 out of 10).

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Lower 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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Lower 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.

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Lower 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.

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Lower 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.

930

Lower 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 4718, QLD

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 4718, QLD [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA4718/4718-qld/topic/economy-advantage