5034, SA · Postcode

Economy & Advantage in 5034, SA

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

A high level of wealth and professional skill defines daily life for residents in postcode 5034. The area is far more advantaged than about 90% of Australian places, with a typical overall advantage score of 1,085.

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📍 5034, SA, Postcode

Where 5034, SA sits — Socio-economic advantage (IRSAD decile)

9
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All postcode areas, 2021. The marker is 5034, SA — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
5034, SA9
Unley 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have some of the highest levels of education and job skills in the country. This strong professional standing helps explain why the area is much less disadvantaged than most other regions.

9

Higher than 86% 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.

9

Higher than 86% 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.

6

Higher than 57% 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.

1,085

Higher than 88% 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 5034, SA

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 5034, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5034/5034-sa/topic/economy-advantage