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CofFEE Employment Vulnerability Index - Profile for Noble Park North, VIC


The suburb of Noble Park North is a Amber Alert - Medium high risk job loss community based on the CofFEE EVI modelling.

Noble Park North is located in the Melbourne area, in VIC. Its CofFEE EVI score of suggests that it's residents are quite 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, Noble Park North has education levels which are below the VIC average. This increases the likelihood that the suburb will experience job losses in a national contraction.

Individuals in Noble Park North earn less than the median individual income for VIC, while median family income in Noble Park North is less than the median family income for VIC.

Mortgage holders in Noble Park North are making monthly payments which are below the median VIC mortgage repayment.

Noble Park North's workforce is less 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 poor.

Noble Park North's workforce is less likely to be underemployed relative to the VIC average, and its labour market performance summarised by its overall unemployment rate relative to VIC is poor

The following table has more indicators which allow you to appraise Noble Park North relative to VIC and the nation as a whole.

Indicator - August 2016 Noble Park North VIC Australia
Median Age 39 37 38
% without post secondary school qualifications 48.63% 38.74% 39.50%
Median individual income ($ per week) $496 $644 $662
Median family income ($ per week) $1352 $1715.00 $1734.00
Median household income ($ per week) $1213 $1419.00 $1438.00
Median mortgage repayment ($ per month) $1597 $1728 $1755
Median rent ($ per week) $321 $325 $335
Average household size 2.80 2.60 2.60
Part-time employment as a % total 30.67% 33.66% 32.68%
Male unemployment rate 7.92% 6.56% 7.00%
Female unemployment rate 9.30% 6.65% 6.72%
Unemployment rate 8.48% 6.60% 6.86%
Male labour force participation rate 63.27% 69.94% 69.56%
Female labour force participation rate 50.24% 59.43% 59.80%
Total labour force participation rate 56.71% 64.53% 64.56%
Employment-Population ratio 49.48% 60.46% 60.26%
% Employed in Mining 0.26% 0.33% 1.66%
% Employed in Manufacturing 13.06% 7.77% 6.40%
% Employed in Construction 7.97% 8.34% 8.53%
% Employed in Retail Trade 10.38% 10.22% 9.86%
% Employed in Accommodation, Cafes and Restaurants 6.20% 6.61% 6.91%
% Employed in Finance and Insurance 3.62% 3.90% 3.60%
% Employed in Property and Business Services 1.18% 1.57% 1.70%