5062, SA · Postcode

Economy & Advantage in 5062, SA

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

Top rankings for wealth and skills make postcode 5062 one of the most advantaged areas in the country. Residents here have an overall advantage score of 1,099, which is higher than about 91% of similar places. This status is driven by an exceptional level of education and financial resources.

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📍 5062, SA, Postcode

Where 5062, SA sits — Socio-economic advantage (IRSAD decile)

10
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 5062, SA — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
5062, SA10
Mitcham 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

This area sits among the most advantaged in Australia, scoring a perfect 10 for overall advantage and a lack of disadvantage. These results are supported by a top score of 10 for education and job skills, as well as a high rating of 9 for access to money and resources.

10

Higher than 99% 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.

9

Higher than 86% 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.

1,099

Higher than 91% 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 5062, SA

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 5062, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5062/5062-sa/topic/economy-advantage