Home / Employment Vulnerability Index 3.0 / Profile for Victoria Point, QLD
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The suburb of Victoria Point is a Amber Alert - Medium high risk job loss community based on the CofFEE EVI modelling. |
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Victoria Point is located in the Brisbane area, in QLD. 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 QLD average. In terms of post secondary qualifications, Victoria Point has education levels which are below the QLD average. This increases the likelihood that the suburb will experience job losses in a national contraction. Individuals in Victoria Point earn less than the median individual income for QLD, while median family income in Victoria Point is less than the median family income for QLD. Mortgage holders in Victoria Point are making monthly payments which are above the median QLD mortgage repayment. Victoria Point's workforce is more likely to be part-time employed relative to the QLD average, and its labour market performance summarised by its overall unemployment rate relative to QLD is good. Victoria Point's workforce is more likely to be underemployed relative to the QLD average, and its labour market performance summarised by its overall unemployment rate relative to QLD is good The following table has more indicators which allow you to appraise Victoria Point relative to QLD and the nation as a whole. |
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| Indicator - August 2016 | Victoria Point | QLD | Australia |
|---|---|---|---|
| Median Age | 45 | 37 | 38 |
| % without post secondary school qualifications | 43.70% | 40.98% | 39.50% |
| Median individual income ($ per week) | $616 | $660 | $662 |
| Median family income ($ per week) | $1654 | $1661.00 | $1734.00 |
| Median household income ($ per week) | $1387 | $1402.00 | $1438.00 |
| Median mortgage repayment ($ per month) | $1950 | $1733 | $1755 |
| Median rent ($ per week) | $420 | $330 | $335 |
| Average household size | 2.60 | 2.60 | 2.60 |
| Part-time employment as a % total | 33.71% | 32.38% | 32.68% |
| Male unemployment rate | 5.96% | 7.82% | 7.00% |
| Female unemployment rate | 5.64% | 7.35% | 6.72% |
| Unemployment rate | 5.80% | 7.60% | 6.86% |
| Male labour force participation rate | 65.02% | 70.23% | 69.56% |
| Female labour force participation rate | 54.59% | 61.44% | 59.80% |
| Total labour force participation rate | 59.44% | 65.72% | 64.56% |
| Employment-Population ratio | 53.30% | 61.00% | 60.26% |
| % Employed in Mining | 1.16% | 2.34% | 1.66% |
| % Employed in Manufacturing | 7.69% | 6.03% | 6.40% |
| % Employed in Construction | 12.35% | 8.96% | 8.53% |
| % Employed in Retail Trade | 10.26% | 9.91% | 9.86% |
| % Employed in Accommodation, Cafes and Restaurants | 6.20% | 7.33% | 6.91% |
| % Employed in Finance and Insurance | 2.66% | 2.54% | 3.60% |
| % Employed in Property and Business Services | 1.86% | 1.99% | 1.70% |
Centre of Full Employment and Equity
University of Newcastle
University Drive
Callaghan NSW 2308
Australia
© CofFEE 2018
Contact
Telephone: +61-(0)2 4921 7283
E-mail: coffee@newcastle.edu.au
