5150, SA · Postcode

Economy & Advantage in 5150, SA

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

A top score of 10 for overall advantage marks postcode 5150 as one of the most prosperous areas in the country. This tiny 2 square kilometre pocket of Greater Adelaide stands out for its exceptional levels of wealth and professional skills. It is among the most advantaged areas across Australia.

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📍 5150, SA, Postcode

Where 5150, 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 5150, SA — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
5150, SA10
Mitcham 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have a maximum score of 10 for both their access to money and their education and job skills. This puts the area among the most advantaged in the nation, with a typical advantage score of 1,107, which is well above the national average of 1,000.

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.

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.

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.

1,107

Higher than 92% 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 5150, SA

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 5150, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5150/5150-sa/topic/economy-advantage