Home / Employment Vulnerability Index 3.0 / Profile for Potts Point - Woolloomooloo, NSW
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The suburb of Potts Point - Woolloomooloo is a Low risk job loss community based on the CofFEE EVI modelling. |
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Potts Point - Woolloomooloo is located in the Sydney area, in NSW. Its CofFEE EVI score of suggests that it's residents are well placed to avoid employment loss if the national economy contracts It has a younger population relative to the NSW average. In terms of post secondary qualifications, Potts Point - Woolloomooloo has education levels which are above the NSW average. This reduces the likelihood that the suburb will experience job losses in a national contraction. Individuals in Potts Point - Woolloomooloo earn more than the median individual income for NSW, while median family income in Potts Point - Woolloomooloo is greater than the median family income for NSW. Mortgage holders in Potts Point - Woolloomooloo are making monthly payments which are above the median NSW mortgage repayment. Potts Point - Woolloomooloo's workforce is less likely to be part-time employed relative to the NSW average, and its labour market performance summarised by its overall unemployment rate relative to NSW is good. Potts Point - Woolloomooloo's workforce is less likely to be underemployed relative to the NSW average, and its labour market performance summarised by its overall unemployment rate relative to NSW is good The following table has more indicators which allow you to appraise Potts Point - Woolloomooloo relative to NSW and the nation as a whole. |
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| Indicator - August 2016 | Potts Point - Woolloomooloo | NSW | Australia |
|---|---|---|---|
| Median Age | 35 | 38 | 38 |
| % without post secondary school qualifications | 18.00% | 38.56% | 39.50% |
| Median individual income ($ per week) | $1304 | $664 | $662 |
| Median family income ($ per week) | $2903 | $1780.00 | $1734.00 |
| Median household income ($ per week) | $1861 | $1486.00 | $1438.00 |
| Median mortgage repayment ($ per month) | $2167 | $1986 | $1755 |
| Median rent ($ per week) | $480 | $380 | $335 |
| Average household size | 1.60 | 2.60 | 2.60 |
| Part-time employment as a % total | 18.79% | 31.69% | 32.68% |
| Male unemployment rate | 4.44% | 6.28% | 7.00% |
| Female unemployment rate | 3.94% | 6.22% | 6.72% |
| Unemployment rate | 4.29% | 6.26% | 6.86% |
| Male labour force participation rate | 82.84% | 68.39% | 69.56% |
| Female labour force participation rate | 77.64% | 58.51% | 59.80% |
| Total labour force participation rate | 80.48% | 63.33% | 64.56% |
| Employment-Population ratio | 60.00% | 59.17% | 60.26% |
| % Employed in Mining | 0.20% | 0.94% | 1.66% |
| % Employed in Manufacturing | 2.09% | 5.84% | 6.40% |
| % Employed in Construction | 3.07% | 8.36% | 8.53% |
| % Employed in Retail Trade | 6.21% | 9.66% | 9.86% |
| % Employed in Accommodation, Cafes and Restaurants | 8.62% | 7.08% | 6.91% |
| % Employed in Finance and Insurance | 9.33% | 4.95% | 3.60% |
| % Employed in Property and Business Services | 2.48% | 1.76% | 1.70% |
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