3142, VIC

The area is far older than the national average, with a typical resident aged 47 and a significant 27.2% of the population aged 65 or over. Conversely, children under 15 make up only 10.9%, which is well below the figures for Victoria and Australia.

Overseas birth is common here, with 30.9% of people born outside Australia. This is well above the national figure, with Chinese, English, and Irish being among the most common ancestries.

One in five residents uses a language other than English at home, a figure that has risen since 2011. Mandarin is the most common non-English language spoken, though 74% of the community speaks only English.

Christianity remains the most common affiliation at 39.6%, while 37.3% of residents report no religion. The latter group has grown by 15 percentage points since 2011.

Education levels are exceptionally high, with 81.9% of residents completing Year 12, far above the national figure. Most qualifications are in management, commerce, society and culture, or health.

This is a very high-earning community where 42.2% of households earn $3,000 or more a week. Typical weekly family incomes are $3,909, which is far above the state and national figures.

Residents report fewer long-term health issues than most areas, with only 24.4% having a chronic condition. This is well below the national average of 27.7%.

Volunteering is more common here than in the rest of the state, with 18.7% of people pitching in. Unpaid care for children is much lower than usual, which is consistent with the small number of children in the area.

Small households are the norm, with 35.2% of people living alone and a typical home containing just 2.1 people. This is much lower than most other areas.

Apartments and flats are the dominant housing type, making up nearly half of all homes. While many people own their homes outright, typical weekly rents are well above the national figure at $486.

Working from home is very common, with 43% of the workforce doing so—a massive increase since 2011. The area is highly connected, with a very short 10-minute drive to the city.

The community is quite mobile, with 42.9% of people having moved house in the last five years. Recent arrivals from overseas also make up a higher share of the population than in most areas.

Full-time employment is higher than average at 61.7%, and the unemployment rate is lower than the national figure at 3.7%. Professionals and managers make up the bulk of the workforce.

This area ranks at the very top for overall advantage, scoring a 10 out of 10. This is driven by the highest possible rating for education and job skills.

The neighborhood is very walkable, with 100% of homes within a 10-minute walk of public transport. Almost all residents can also reach a park or school within 15 minutes on foot.