# Economy & Advantage — 3418, VIC

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

Area: 3418, VIC (Postcode)

A score of 942 for overall advantage puts postcode 3418 below the national average. This area faces more challenges than most of the country, with lower access to money, resources and job skills than the typical Australian region.

The area ranks as a 4 out of 10 for overall advantage, which is smaller than about 60% of similar areas. This is consistent with low scores for education and job skills, and a disadvantage rank of 3 out of 10.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 4 | — |
| Socio-economic disadvantage (IRSD decile) | 3 | — |
| Economic resources (IER decile) | 4 | — |
| Education & occupation (IEO decile) | 4 | — |
| Socio-economic advantage (IRSAD score) | 942 | — |

Interactive: https://censusatlas.au/region/poa/POA3418/3418-vic/topic/economy-advantage