Bondi Junction - Waverly · Statistical Area 2 (SA2)

Economy & Advantage in Bondi Junction - Waverly

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

An exceptionally high level of overall advantage defines daily life in Bondi Junction - Waverly. It is among the most advantaged areas in the country, driven by a workforce with some of the highest education and job skills levels recorded nationally.

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📍 Bondi Junction - Waverly, Statistical Area 2 (SA2)

Where Bondi Junction - Waverly sits — Socio-economic advantage (IRSAD decile)

10
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All statistical area 2 (sa2) areas, 2021. The marker is Bondi Junction - Waverly — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Bondi Junction - Waverly10
2022, NSW 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks among the most advantaged in Australia, with a typical score of 1,152. While it has a top rating for education and skills, its general access to money and resources is only higher than about half 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.

9

Higher than 86% 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.

5

Lower than 57% 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.

1,152

Higher than 98% 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 has been steady, rising 7.2% since 2021. This is a little above the New South Wales figure of 6.1% and higher than most other areas.

Business & building

Operating businesses and dwellings approved.

The local economy is active, with 4,301 businesses operating here, which is among the largest number of businesses for an area of this type.

4,301

Higher than 87% 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 Bondi Junction - Waverly

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Bondi Junction - Waverly [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/118011341/bondi-junction-waverly/topic/economy-advantage