3002, VIC

The typical resident is 42, making the area noticeably older than the national figure of 38. Seniors aged 65 and over make up 22.4% of the community, a figure that has risen significantly since 2011.

Born overseas, 27.5% of residents come from outside Australia, which is about the same as the national average. English, Australian, and Irish are the most common ancestries reported.

While 14.1% of people use a language other than English at home, this is far below the Victorian average. English is the primary language for 80.3% of the population.

A majority of residents (52.0%) report having no religion, a figure that is far above the national average and has risen by 19 points since 2011.

This is an exceptionally well-qualified area, with 60.8% of adults holding a bachelor degree or higher, far above the national figure of 26.3%. Most residents completed Year 12, and many have postgraduate degrees.

Typical weekly personal incomes are far above the national figure at $1,532. About 40% of households earn $3,000 or more a week, and the typical family income of $3,733 is among the highest for similar areas.

The community is relatively healthy, with only 3.8% of people needing help with daily activities, which is a little below the national average.

Volunteering is common here, with 21.7% of residents participating, well above the national figure. However, very few people provide unpaid childcare compared to other areas.

Homes are small, with a typical size of 1.8 people, well below the national average of 2.5. This is consistent with the high number of people living alone.

Apartments and flats dominate the landscape, making up 73.5% of homes. Renting is very common at 52.8%, and typical weekly rents of $480 are among the highest for similar areas.

Nearly half of the workforce (48.8%) works from home, a massive increase since 2011. Public transport is highly accessible, and 19% of homes have no motor vehicle.

The population is quite mobile, with 56.9% of people moving in the last five years. Recent overseas arrivals make up 18.1% of the community.

Professional roles are very common, with 49.2% of the workforce in professional occupations. Full-time employment at 68.1% is well above the national average.

The area is ranked as having the highest possible score for overall advantage and job skills, reflecting its high income and qualification levels.

Described as a walker's paradise, every single home is within a 15-minute walk of groceries, health services, parks, and public transport.