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A prosperous economy

Probably a good indicator for how the community views the financial wellbeing of their local area, understanding ‘a prosperous economy’ - and unpacking this concept across small areas - provides a platform for us to explore the relative distance between places perceived to be the most and least prosperous, whether we are becoming more economically prosperous overall or in pockets and whether the gap between the most and least prosperous local areas is expanding or contracting.

A prosperous economy in Yarra Ranges in 2025

12% of residents selected ‘A prosperous economy’ as an important attribute when considering what makes somewhere a good place to live, making it the 15th most important liveability aspect for Yarra Ranges residents overall. Residents rated their experience of ‘A prosperous economy’ in their local area 5.7 out of 10, on average, making it the 11th most positively experienced attribute of 16. In comparison to Australia, residents of Yarra Ranges placed less importance on A prosperous economy.

Benchmarks

Importance
Experience
Yarra Ranges 2025
12%
5.7
Australia
16%
5.6
Metropolitan Australia
16%
5.8
Victoria
15%
5.5
Greater Melbourne
15%
5.6

Local Area

Importance
Experience
Yarra Ranges
12%
5.7
Healesville - Yarra Glen (n = 266)
16%
5.5
Hills (n = 308)
8%
5.9
Urban (n = 320)
13%
5.7
Yarra Valley (n = 274)
14%
5.1

Gender

Importance
Experience
Yarra Ranges
12%
5.7
Male (n = 371)
17%
5.6
Female (n = 762)
7%
5.7

Age

Importance
Experience
Yarra Ranges
12%
5.7
18 - 34 (n = 231)
11%
6.1
35 - 59 (n = 428)
12%
5.4
60 + (n = 435)
12%
5.8

Significantly higher
Significantly lower