# Economy & Advantage — 3409, VIC

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

Area: 3409, VIC (Postcode)

Higher levels of overall advantage than 70% of similar areas mark postcode 3409 as a relatively well-off region. The area scores a 7 out of 10 for overall advantage, which is slightly below the national average figure of 1000.

Residents have strong job skills and education, scoring an 8 out of 10, which is higher than about 80% of similar areas. Access to money and resources is lower at 6 out of 10, though this is still better than 60% of comparable regions.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 7 | — |
| Socio-economic disadvantage (IRSD decile) | 7 | — |
| Economic resources (IER decile) | 6 | — |
| Education & occupation (IEO decile) | 8 | — |
| Socio-economic advantage (IRSAD score) | 997 | — |

Interactive: https://censusatlas.au/region/poa/POA3409/3409-vic/topic/economy-advantage