5051, SA · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
High levels of wealth and education have strengthened the local economy in postcode 5051 since 2011. This area now ranks among the most advantaged in the country, with an overall advantage score of 1,083 that is larger than about 88% of similar places.
All postcode areas, 2021. The marker is 5051, SA — higher than 86% of areas.
| 5051, SA | 9 |
|---|---|
| Mitcham | 10 |
SEIFA indexes ranking relative advantage and disadvantage.
Residents have some of the highest access to money and resources possible, scoring 10 out of 10. This goes hand-in-hand with strong job skills and education, which are higher than about 90% of similar areas.
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.
10
Higher than 99% 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.
9
Higher 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.
1,083
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.
Australian Bureau of Statistics. (2021). Economy & Advantage in 5051, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5051/5051-sa/topic/economy-advantage
