# Economy & Advantage — 3423, VIC

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

Area: 3423, VIC (Postcode)

A score of 1 for overall advantage means postcode 3423 is among the most disadvantaged areas in the country. Daily life here is shaped by a significant lack of money and resources compared to most other Australian regions.

Residents face steep challenges with a typical advantage score of 868, which is among the smallest at this level. This is reflected in low ratings for education and job skills, as well as very limited access to money and resources.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 1 | — |
| Socio-economic disadvantage (IRSD decile) | 1 | — |
| Economic resources (IER decile) | 1 | — |
| Education & occupation (IEO decile) | 2 | — |
| Socio-economic advantage (IRSAD score) | 868 | — |

Interactive: https://censusatlas.au/region/poa/POA3423/3423-vic/topic/economy-advantage