Greater Shepparton · Council (LGA)

Economy & Advantage in Greater Shepparton

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

A slow rise in population since 2021 marks the latest shift for Greater Shepparton. While the area is a major hub with over 7,300 businesses, it generally has fewer financial resources and a lower advantage score than most other regions.

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📍 Greater Shepparton, Council (LGA)

Where Greater Shepparton sits — Socio-economic advantage (IRSAD decile)

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All council (lga) areas, 2021. The marker is Greater Shepparton — lower than 64% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has a lower level of financial advantage than 60% of other areas, with an overall advantage score of 931. This is smaller than the national average, though job skills and education levels are higher than about half of similar areas.

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Lower than 64% 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.

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Lower than 71% 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.

5

Lower than 57% 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.

931

Lower than 67% 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.

Population growth since 2021 has been 2.0%, which is lower than most areas and well below the Victoria figure of 8.0%. Despite this slower pace, the total population of 69,865 is still larger than about 80% of similar regions.

Business & building

Operating businesses and dwellings approved.

Greater Shepparton is a significant commercial centre, with 7,308 businesses, which is more than about 82% of similar areas. This activity is matched by building growth, as the 478 approved dwellings are also larger than about 82% of other areas.

7,308

Higher than 78% 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 Greater Shepparton

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Greater Shepparton [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA22830/greater-shepparton/topic/economy-advantage