Melton · Council (LGA)

Economy & Advantage in Melton

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

More residents here have better access to money and resources than about 90% of similar areas, placing Melton in a strong position. The region is expanding rapidly, with a population increase of 27.7% since the last census.

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📍 Melton, Council (LGA)

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

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All council (lga) areas, 2021. The marker is Melton — higher than 64% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The overall advantage score is 974, which is higher than about 67% of similar areas. Residents here also show a higher level of education and job skills than 70% of other areas at this level.

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Higher 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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Higher than 57% 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.

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Higher than 86% 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.

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Higher than 64% 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.

974

Higher than 66% 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 in Melton has been exceptional at 27.7%, which is far above the Victorian figure of 8.0%. This makes it one of the fastest-growing areas of its kind.

Business & building

Operating businesses and dwellings approved.

Economic activity is scaling up with 18,989 businesses operating in the area. There are also 4,564 approved dwellings, one of the largest totals for this level.

18,989

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 Melton

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Melton [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA24650/melton/topic/economy-advantage