Moonee Valley · Council (LGA)

Economy & Advantage in Moonee Valley

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

A population increase of 6.1% since 2021 marks a period of steady expansion for Moonee Valley. This area stands out as highly affluent, with an overall advantage score of 1,060 that is larger than about 89% of similar places.

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📍 Moonee Valley, Council (LGA)

Where Moonee Valley sits — Socio-economic advantage (IRSAD decile)

9
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All council (lga) areas, 2021. The marker is Moonee Valley — higher than 86% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents have a very high level of advantage, scoring 9 out of 10 compared to all areas. This is driven by strong education and job skills, which are higher than about 90% of other 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.

9

Higher than 86% 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.

8

Higher than 71% 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.

1,060

Higher than 89% 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 reached 130,501 people, a figure larger than about 88% of similar areas. Recent growth of 6.1% is higher than most areas, though it is a little below the Victoria figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 13,100 businesses here, which is larger than about 89% of similar areas. Building activity remains strong, with 749 new dwellings approved, a figure larger than about 88% of similar areas.

13,100

Higher than 86% 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 Moonee Valley

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Moonee Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA25060/moonee-valley/topic/economy-advantage