Home / Employment Vulnerability Index 3.0 / Profile for Regents Park - Heritage Park, QLD
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The suburb of Regents Park - Heritage Park is a Amber Alert - Medium high risk job loss community based on the CofFEE EVI modelling. |
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Regents Park - Heritage Park 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 a younger population relative to the QLD average. In terms of post secondary qualifications, Regents Park - Heritage Park 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 Regents Park - Heritage Park earn more than the median individual income for QLD, while median family income in Regents Park - Heritage Park is greater than the median family income for QLD. Mortgage holders in Regents Park - Heritage Park are making median monthly repayments which are similar for QLD. Regents Park - Heritage Park's workforce is less 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. Regents Park - Heritage Park's workforce is less 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 Regents Park - Heritage Park relative to QLD and the nation as a whole. |
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| Indicator - August 2016 | Regents Park - Heritage Park | QLD | Australia |
|---|---|---|---|
| Median Age | 33 | 37 | 38 |
| % without post secondary school qualifications | 48.64% | 40.98% | 39.50% |
| Median individual income ($ per week) | $701 | $660 | $662 |
| Median family income ($ per week) | $1708 | $1661.00 | $1734.00 |
| Median household income ($ per week) | $1669 | $1402.00 | $1438.00 |
| Median mortgage repayment ($ per month) | $1733 | $1733 | $1755 |
| Median rent ($ per week) | $375 | $330 | $335 |
| Average household size | 3.10 | 2.60 | 2.60 |
| Part-time employment as a % total | 28.78% | 32.38% | 32.68% |
| Male unemployment rate | 6.56% | 7.82% | 7.00% |
| Female unemployment rate | 7.49% | 7.35% | 6.72% |
| Unemployment rate | 7.05% | 7.60% | 6.86% |
| Male labour force participation rate | 78.29% | 70.23% | 69.56% |
| Female labour force participation rate | 67.31% | 61.44% | 59.80% |
| Total labour force participation rate | 72.70% | 65.72% | 64.56% |
| Employment-Population ratio | 64.52% | 61.00% | 60.26% |
| % Employed in Mining | 0.69% | 2.34% | 1.66% |
| % Employed in Manufacturing | 10.39% | 6.03% | 6.40% |
| % Employed in Construction | 10.18% | 8.96% | 8.53% |
| % Employed in Retail Trade | 11.67% | 9.91% | 9.86% |
| % Employed in Accommodation, Cafes and Restaurants | 5.47% | 7.33% | 6.91% |
| % Employed in Finance and Insurance | 2.24% | 2.54% | 3.60% |
| % Employed in Property and Business Services | 1.36% | 1.99% | 1.70% |
Centre of Full Employment and Equity
University of Newcastle
University Drive
Callaghan NSW 2308
Australia
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Contact
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E-mail: coffee@newcastle.edu.au
