Nillumbik · Council (LGA)

Economy & Advantage in Nillumbik

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

Top scores for overall advantage define Nillumbik, where the typical resident has far more money and resources than most Australians. This wealthy profile is backed by a highly skilled workforce and a very low level of disadvantage. It is a prosperous area with an advantage score of 1,088, which is among the largest in the country.

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📍 Nillumbik, Council (LGA)

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

10
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here enjoy some of the highest levels of wealth and education in Australia, scoring a 10 for access to money and a 9 for job skills. These factors place the area among the most advantaged in the nation.

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.

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.

1,088

Higher than 92% 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 63,797 people, though growth has slowed recently. A 0.5% increase since 2021 is much lower than most areas and well below the Victorian rate of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 6,300 businesses operating in the area, which is more than about 80% of similar regions. Activity remains steady with 96 new dwellings approved, a figure higher than about 60% of comparable areas.

6,300

Higher than 76% 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 Nillumbik

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Nillumbik [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA25710/nillumbik/topic/economy-advantage