What Does It Take to Buy into Some of the Most Advantaged Areas of Australia?

CoreLogic Head of Research Tim Lawless reviews the recent release of Socio-Economic Indexes for Areas (SEIFA) by the Australian Bureau of Statistics. The SEIFA indices provides a summary of the areas around the country that are highly advantaged and disadvantaged in terms of their socio-economic profile.

The SEIFA index ranks the areas of Australia according to their relative socio-economic advantage and disadvantage.  The ABS describes relative socio-economic advantage and disadvantage as…