Postcode · Area profile
3126, VIC
3 km²
Among the most affluent and highly educated areas of its kind, postcode 3126 is a wealthy community in Greater Melbourne. It is a place of older adults and high earners, where over half the population holds a university degree. This academic and professional background is reflected in the high typical incomes and a workforce heavily concentrated in professional roles. Residents enjoy an exceptionally walkable environment with almost every home within easy reach of health services, schools, and shops.
An affluent area whose schools serve an equally well-off community.
Explore 3126, VIC by topic
The area is far older than the national figure, with a typical resident aged 46 and 23.5% of people aged 65 or over. This senior population has grown by 4.9 percentage points since 2011, while the proportion of children has fallen slightly.
Cultural diversity is high, with 31.6% of people born overseas, a figure that has risen by 6.2 percentage points since 2011. English and Australian ancestries are most common, followed by a significant Chinese community at 19.8%.
Much higher than most areas, 26.4% of residents use a language other than English at home, and this has risen by 10 percentage points since 2011. Mandarin is the most common second language, spoken by 13.1% of the population.
A large proportion of the community reports having no religion, at 45.2%, which is well above the national figure and has risen by 16 percentage points since 2011.
The area is exceptionally well-qualified, with 52.7% of adults holding a bachelor degree or higher, far above the national figure of 26.3%. This high level of education is consistent with the area's professional workforce.
Incomes are among the highest at this level, with a typical weekly family income of $3,591. Nearly half of all households earn $3,000 or more per week, a figure that rose 16 percentage points since 2011.
The community is generally healthy, with a lower rate of mental health conditions (7.2%) than the national average. About 27.4% of people have a long-term health condition, which is about the same as the state figure.
Volunteering is more common here than in most areas, with 20.1% of people volunteering. Unpaid care is also more frequent, with 15.3% of residents providing unpaid care, which is well above the national average.
Homes tend to be larger than most areas, with 2.7 people per household. Only 21% of people live alone, which is well below the national figure of 25.6%.
Home ownership is very strong, with 47.9% of homes owned outright, far above the national figure. However, the typical monthly home loan payment is very high at $3,500, which is among the highest for similar areas.
Working from home is very common, with 43.3% of the workforce doing so—far above the national figure. Public transport use is also much higher than in most areas, supported by a short 2-minute walk to the nearest stop.
About 34.6% of people moved house in the last five years, which is well below the national figure. Recent arrivals from overseas have fallen by 10 percentage points since 2011.
The workforce is dominated by professionals and managers, with 63.9% of workers in these roles. The unemployment rate is 3.7%, which is a little lower than both the state and national figures.
This area is among the most advantaged in the country, receiving the highest possible score of 10 for access to money, resources, education, and job skills.
The area is a walker's paradise with a score of 8.2. Every single home is within a 15-minute walk of groceries, parks, schools, and public transport.
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