# Economy & Advantage — 3024, VIC

How well-off the area is, how fast its population is growing, and the businesses and new homes here.

Area: 3024, VIC (Postcode)

A steady level of wealth has shaped postcode 3024, where the overall advantage score is 984. This means the area is more advantaged than about 53% of similar places across the country. Most residents have a fair amount of financial security and useful skills for the workforce.

People here generally have better access to money and resources than about 70% of similar areas. This is supported by a strong level of education and job skills, which are higher than about 60% of comparable places.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 6 | — |
| Socio-economic disadvantage (IRSD decile) | 5 | — |
| Economic resources (IER decile) | 7 | — |
| Education & occupation (IEO decile) | 6 | — |
| Socio-economic advantage (IRSAD score) | 984 | — |

Interactive: https://censusatlas.au/region/poa/POA3024/3024-vic/topic/economy-advantage