# Economy & Advantage — 3047, VIC

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

Area: 3047, VIC (Postcode)

A score of 1 for overall advantage means daily life in postcode 3047 is shaped by significant hardship. It is one of the most disadvantaged areas in the country, with an overall advantage score of 839, which is among the smallest recorded at this level.

Access to money and resources is very low, scoring 1 out of 10, which is smaller than about 90% of similar areas. This sits alongside a low score for education and job skills, which is smaller than about 80% of other areas.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 1 | — |
| Socio-economic disadvantage (IRSD decile) | 1 | — |
| Economic resources (IER decile) | 1 | — |
| Education & occupation (IEO decile) | 2 | — |
| Socio-economic advantage (IRSAD score) | 839 | — |

Interactive: https://censusatlas.au/region/poa/POA3047/3047-vic/topic/economy-advantage