Sydney (North) - Millers Point · Statistical Area 2 (SA2)

Economy & Advantage in Sydney (North) - Millers Point

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

Among the most advantaged areas in the country, Millers Point has an overall advantage score of 1,166. While it ranks among the highest for education and job skills, it holds a contrasting position regarding access to money and resources.

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📍 Sydney (North) - Millers Point, Statistical Area 2 (SA2)

Where Sydney (North) - Millers Point sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Sydney (North) - Millers Point — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Sydney (North) - Millers Point10
2000, NSW 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is highly qualified, ranking among the best for education and job skills. This contributes to its overall advantage score, which is among the largest at its level, though its access to money and resources is smaller than about 90% of similar areas.

10

Higher than 99% of statistical area 2 (sa2) 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.

8

Higher than 71% of statistical area 2 (sa2) 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.

1

Lower than 99% of statistical area 2 (sa2) 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.

10

Higher than 99% of statistical area 2 (sa2) 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.

1,166

Higher than 99% of statistical area 2 (sa2) 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 Millers Point has been 13.6% since 2021, which is much higher than most areas and well above the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

The area is a major commercial hub, with 43,144 businesses, placing it among the largest for business counts at this level.

43,144

Higher than 99% of statistical area 2 (sa2) 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 Sydney (North) - Millers Point

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Sydney (North) - Millers Point [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/117031644/sydney-millers-point/topic/economy-advantage