Yarra Ranges · Council (LGA)

Economy & Advantage in Yarra Ranges

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

High levels of wealth and skill define daily life in Yarra Ranges, where the overall advantage score of 1,014 is larger than about 82% of similar areas. This is an affluent region that stands out for its strong access to money and resources.

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📍 Yarra Ranges, Council (LGA)

Where Yarra Ranges sits — Socio-economic advantage (IRSAD decile)

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All council (lga) areas, 2021. The marker is Yarra Ranges — higher than 86% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks in the top 10% for overall advantage and is among the most successful for access to money and resources. This is supported by high education and job skills, which are better than about 80% of similar 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.

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.

8

Higher than 71% 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.

1,014

Higher than 80% 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 has been slow at 2.2%, which is well below the Victorian figure of 8.0%. Despite this, the total population is 160,906, making it larger than about 90% of similar areas.

Business & building

Operating businesses and dwellings approved.

There are 13,996 businesses in the region, a count larger than about 90% of similar areas. Local building activity remains active, with 805 approved dwellings, also larger than about 89% of similar areas.

13,996

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 Yarra Ranges

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Yarra Ranges [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA27450/yarra-ranges/topic/economy-advantage