Holdfast Bay · Council (LGA)

Economy & Advantage in Holdfast Bay

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

A score of 9 for overall advantage makes Holdfast Bay one of the most prosperous areas in the country. This high standing is driven by a workforce with exceptional education and job skills. Residents here generally have far more money and resources than people in most other Australian regions.

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📍 Holdfast Bay, Council (LGA)

Where Holdfast Bay sits — Socio-economic advantage (IRSAD decile)

9
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All council (lga) areas, 2021. The marker is Holdfast Bay — 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 education levels. This is consistent with its high score for access to money and resources, which is larger than about 70% 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.

7

Higher 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.

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.

1,044

Higher than 87% 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 reached 4.8% since 2021, which is higher than most areas and about the same as the South Australian figure of 5.6%.

Business & building

Operating businesses and dwellings approved.

Holdfast Bay is a hub of activity with 3,770 businesses. This commercial strength is matched by a growing housing market, with 285 new dwellings approved, a figure larger than about 75% of similar areas.

3,770

Higher than 68% 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 Holdfast Bay

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Holdfast Bay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA42600/holdfast-bay/topic/economy-advantage