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CofFEE Employment Vulnerability Index - Profile for Surrey Hills (East) - Mont Albert, VIC


The suburb of Surrey Hills (East) - Mont Albert is a Medium low risk job loss community based on the CofFEE EVI modelling.

Surrey Hills (East) - Mont Albert is located in the Melbourne area, in VIC. Its CofFEE EVI score of suggests that it's residents are not very vulnerable to employment loss if the national economy contracts

It has an older population relative to the VIC average.

In terms of post secondary qualifications, Surrey Hills (East) - Mont Albert has education levels which are above the VIC average. This reduces the likelihood that the suburb will experience job losses in a national contraction.

Individuals in Surrey Hills (East) - Mont Albert earn more than the median individual income for VIC, while median family income in Surrey Hills (East) - Mont Albert is greater than the median family income for VIC.

Mortgage holders in Surrey Hills (East) - Mont Albert are making monthly payments which are above the median VIC mortgage repayment.

Surrey Hills (East) - Mont Albert's workforce is more likely to be part-time employed relative to the VIC average, and its labour market performance summarised by its overall unemployment rate relative to VIC is good.

Surrey Hills (East) - Mont Albert's workforce is more likely to be underemployed relative to the VIC average, and its labour market performance summarised by its overall unemployment rate relative to VIC is good

The following table has more indicators which allow you to appraise Surrey Hills (East) - Mont Albert relative to VIC and the nation as a whole.

Indicator - August 2016 Surrey Hills (East) - Mont Albert VIC Australia
Median Age 40 37 38
% without post secondary school qualifications 28.67% 38.74% 39.50%
Median individual income ($ per week) $870 $644 $662
Median family income ($ per week) $2685 $1715.00 $1734.00
Median household income ($ per week) $2147 $1419.00 $1438.00
Median mortgage repayment ($ per month) $2300 $1728 $1755
Median rent ($ per week) $411 $325 $335
Average household size 2.60 2.60 2.60
Part-time employment as a % total 36.91% 33.66% 32.68%
Male unemployment rate 5.36% 6.56% 7.00%
Female unemployment rate 4.40% 6.65% 6.72%
Unemployment rate 4.70% 6.60% 6.86%
Male labour force participation rate 72.30% 69.94% 69.56%
Female labour force participation rate 63.00% 59.43% 59.80%
Total labour force participation rate 67.35% 64.53% 64.56%
Employment-Population ratio 61.96% 60.46% 60.26%
% Employed in Mining 0.26% 0.33% 1.66%
% Employed in Manufacturing 4.59% 7.77% 6.40%
% Employed in Construction 4.73% 8.34% 8.53%
% Employed in Retail Trade 8.05% 10.22% 9.86%
% Employed in Accommodation, Cafes and Restaurants 5.46% 6.61% 6.91%
% Employed in Finance and Insurance 7.05% 3.90% 3.60%
% Employed in Property and Business Services 2.41% 1.57% 1.70%