Bayside · Council (LGA)

Economy & Advantage in Bayside

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

A high overall advantage score of 1,044 marks Bayside as more prosperous than about 87% of similar areas. This local government area is a wealthy hub where high levels of education and job skills drive a strong economic profile. The area is also growing quickly, with a population of 187,770 people.

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📍 Bayside, Council (LGA)

Where Bayside sits — Socio-economic advantage (IRSAD decile)

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All council (lga) areas, 2021. The marker is Bayside — higher than 86% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Bayside is very well-off, with an overall advantage ranking that is higher than about 90% of other areas. This is driven by exceptional education and job skills, which are higher than about 90% of similar places, even though access to money and resources is lower than 60% of areas.

9

Higher than 86% of council (lga) areas.

ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the 10% most advantaged. IRSAD summarises both advantage and disadvantage, so a high score reflects relatively many high-income, well-educated households and few low-income, low-skill ones.

7

Higher than 64% of council (lga) areas.

ABS Index of Relative Socio-economic Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the least disadvantaged. IRSD focuses on disadvantage alone (low income, low education, unemployment, unskilled occupations), so a higher decile means relatively less disadvantage.

4

Lower than 64% of council (lga) areas.

ABS Index of Economic Resources, 2021, as a national decile: 1 = among the 10% lowest areas for economic resources in Australia, 10 = among the highest. IER reflects the income, housing costs, dwelling size and assets of households, so a higher decile means relatively greater economic resources.

9

Higher than 86% of council (lga) areas.

ABS Index of Education and Occupation, 2021, as a national decile: 1 = among the 10% lowest areas for education and occupation in Australia, 10 = among the highest. IEO reflects residents' qualifications and the skill level of their jobs, so a higher decile means a more highly educated and skilled workforce.

1,044

Higher than 87% of council (lga) areas.

ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a raw index score (standardised so the Australian average is about 1000). Higher scores indicate relatively greater advantage; lower scores greater disadvantage.

Population growth

Annual population estimates and change since the census.

The population has grown by 6.5% since the last census. This is higher than most areas and slightly above the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

Economic activity is high here, with 19,814 businesses, making it one of the largest areas for business. This growth is matched by building activity, as the 1,527 approved dwellings are among the highest counts for this level.

19,814

Higher than 87% of council (lga) areas.

Operating businesses (ABS Counts of Australian Businesses), June 2025.

Sources

  • Socio-Economic Indexes for Areas (SEIFA) — Australian Bureau of Statistics, 2021 (CC BY 4.0).
  • Regional Population (Estimated Resident Population) — Australian Bureau of Statistics, 2024 (CC BY 4.0).
  • Counts of Australian Businesses & Building Approvals — Australian Bureau of Statistics, 2025 (CC BY 4.0).

More for Bayside

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Bayside [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA10500/bayside/topic/economy-advantage