Lakemba · Statistical Area 2 (SA2)

Economy & Advantage in Lakemba

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

Very few areas across the country have lower levels of financial advantage than Lakemba. This is a heavily disadvantaged area with an overall advantage score of 877, which is among the smallest in the nation. While it remains a large population centre, it faces significant gaps in money, resources, and job skills compared to most other places.

Open map →
📍 Lakemba, Statistical Area 2 (SA2)

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

1
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Lakemba — lower than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Lakemba1
2195, NSW 1

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Overall advantage and access to money are both rated 1 out of 10, meaning Lakemba is smaller than about 90% of other areas. Education and job skills are slightly higher at 4, though still lower than about 60% of similar places.

1

Lower 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.

1

Lower than 99% 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.

4

Lower than 64% 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.

877

Lower than 92% 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.

The population has grown to 17,756 people, making it larger than about 81% of similar areas. However, recent growth of 3.0% is well below the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

The area is a major local hub for commerce, with 2,659 businesses, placing it among the largest for business counts at this level.

2,659

Higher than 86% 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 Lakemba

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Lakemba [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/119021573/lakemba/topic/economy-advantage