Woollahra · Council (LGA)

Economy & Advantage in Woollahra

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

Maximum levels of wealth and education define daily life in Woollahra. The area reaches the highest possible score of 10 for overall advantage, placing it among the most affluent areas in the country. This extreme level of advantage is seen across money, resources, and professional skills.

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📍 Woollahra, Council (LGA)

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

10
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All council (lga) areas, 2021. The marker is Woollahra — higher than 99% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have an overall advantage score of 1,176, which is among the highest in the nation. This is reflected in the area hitting the top score of 10 for both job skills and access to money.

10

Higher than 99% 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.

10

Higher than 99% 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.

10

Higher than 99% 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.

10

Higher than 99% 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.

1,176

Higher than 99% 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 2.4% since 2021, which is lower than most other areas. This growth is well below the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

Business activity is high with 10,449 businesses, a total larger than about 86% of similar areas. There were 113 new dwellings approved, which is also more than about 61% of other areas.

10,449

Higher than 85% 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 Woollahra

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Woollahra [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA18500/woollahra/topic/economy-advantage