# Economy & Advantage — 3162, VIC

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

Area: 3162, VIC (Postcode)

A massive gap in wealth and opportunity separates postcode 3162 from the rest of the country. This area is among the most advantaged in Australia, with a typical overall advantage score of 1,120, which is far above the national average.

Residents here are among the most skilled in the nation, scoring a 10 for education and job skills. This high level of qualification goes alongside an overall advantage and resource score of 9 or 10, placing the area among the least disadvantaged in the country.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 10 | — |
| Socio-economic disadvantage (IRSD decile) | 10 | — |
| Economic resources (IER decile) | 9 | — |
| Education & occupation (IEO decile) | 10 | — |
| Socio-economic advantage (IRSAD score) | 1,120 | — |

Interactive: https://censusatlas.au/region/poa/POA3162/3162-vic/topic/economy-advantage