Penshurst · Statistical Area 2 (SA2)

Economy & Advantage in Penshurst

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

A score of 1,014 for overall advantage puts Penshurst slightly above the national average. While many residents have strong education and job skills, access to money and resources is lower for this area than for about 70% of similar places.

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📍 Penshurst, Statistical Area 2 (SA2)

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

6
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Penshurst — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Penshurst6
2222, NSW 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks as a 7 for education and job skills, which is higher than about 70% of similar areas. However, it scores only 3 for access to money and resources, a figure lower than about 70% of other areas.

6

Higher than 57% 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.

4

Lower than 64% 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.

3

Lower than 71% 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.

7

Higher 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.

1,014

Higher than 57% 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.

Penshurst grew by 6.1% since 2021, which is higher than most similar areas and about the same as the New South Wales figure.

Business & building

Operating businesses and dwellings approved.

There are 737 businesses in the area, which is a smaller number than about 61% of similar places.

737

Lower than 60% 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 Penshurst

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Penshurst [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/119031667/penshurst/topic/economy-advantage