# Economy & Advantage — 3431, VIC

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

Area: 3431, VIC (Postcode)

Wealth and opportunity have grown steadily in postcode 3431, with the area now ranking as one of the most advantaged in the region. Residents here generally enjoy a very high level of financial security and professional skill compared to the rest of the country.

The area reaches the highest possible score of 10 for access to money and resources. This helps explain why the overall advantage score of 1,048 is higher than about 79% of similar areas, while disadvantage is much lower than in about 90% of all areas.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 8 | — |
| Socio-economic disadvantage (IRSD decile) | 9 | — |
| Economic resources (IER decile) | 10 | — |
| Education & occupation (IEO decile) | 8 | — |
| Socio-economic advantage (IRSAD score) | 1,048 | — |

Interactive: https://censusatlas.au/region/poa/POA3431/3431-vic/topic/economy-advantage