Postcode · Area profile

3123, VIC

3 km²

A significant rise in high-income households since 2011 has helped shape postcode 3123 into a highly affluent pocket of Greater Melbourne. This professional community is defined by its exceptional educational levels and a typical resident age of 36, making it a little younger than the state and national figures. With a high proportion of residents working from home and a strong presence of overseas-born people, it is a worldly and well-qualified area. Its character is further marked by a high number of people living alone in apartments and flats.

3123, VIC's schools draw a community as advantaged as its high household incomes suggest.

Open map →
📍 3123, VIC, Postcode

Explore 3123, VIC by topic

The typical resident is 36, making the area a little younger than the national figure. It is a community where children under 15 and seniors are both much lower than in most similar areas.

People born overseas make up 30.7% of the population, which is much higher than most areas and well above the national figure. English, Australian, and Chinese are the most common ancestries.

About 24.2% of residents use a language other than English at home, a figure that is much higher than most similar areas. Mandarin is the most common second language, spoken by 7.2% of the community.

Nearly half of the population (48.6%) report no religion, which is well above the national figure. This represents a significant increase of 19 points since 2011.

This is an exceptionally well-qualified area, with 57.2% of adults holding a bachelor degree or higher, far above the national figure of 26.3%. This high level of education is reflected in the 84.4% of residents who completed Year 12.

Incomes are among the highest at this level, with typical weekly family earnings of $3,242, well above the national figure. The proportion of households earning $3,000 or more per week rose 15 points since 2011 to 36.7%.

Residents generally report better health than most areas, with the rate of long-term health conditions a little below the national figure. Only 3.9% of people need help with daily activities.

Volunteering is common here, with 18.4% of residents volunteering, which is well above the national figure. However, the proportion of people doing 15 or more hours of unpaid housework is much lower than most areas.

The area has a high number of single-person households, with 33.3% of people living alone. This is well above the national figure, and the number of people per home is lower than in most areas.

Apartments and flats are the most common home type (48.7%), while separate houses are far less common than in the rest of Victoria. Renting is much more frequent than in most areas, with typical weekly rents of $415.

A striking 44.6% of the workforce now works from home, a massive increase from 5.5% in 2011. The area is very accessible, with every home within a 10-minute walk of public transport.

The community is quite mobile, with 48.4% of residents moving in the last five years, which is well above the national figure. Recent overseas arrivals also make up a much higher share of the population than in most areas.

Employment is strong, with 69.8% of adults working or looking for work, well above the national figure. Professionals make up 43.1% of the workforce, and 64.6% are employed full-time.

This area is among the most advantaged in the country, scoring a 10 out of 10 for overall advantage and job skills. Its overall advantage score is well above the national average.

Described as a walker's paradise, every single home in the area is within a 15-minute walk of a park, school, and grocery store. The walkability score of 8.7 is well above the state figure.

Areas within 3123, VIC

Nearby areas

Compare 3123, VIC with nearby areas

Related areas

Overlapping areas from other classifications.