Canadian - Mount Clear · Statistical Area 2 (SA2)

Economy & Advantage in Canadian - Mount Clear

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

A growth rate of 2.6% shows that Canadian - Mount Clear is expanding far more slowly than the rest of Victoria. While the population has reached 12,518, the area generally has fewer financial resources and lower overall advantage than most similar places.

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📍 Canadian - Mount Clear, Statistical Area 2 (SA2)

Where Canadian - Mount Clear sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Canadian - Mount Clear — lower than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Canadian - Mount Clear4
3350, VIC 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has a lower level of overall advantage than about 60% of other areas. Access to money and resources is particularly low, ranking smaller than about 70% of similar places.

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Lower than 64% 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.

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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.

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Lower than 57% 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.

963

Lower than 65% 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 since 2021 has been 2.6%, which is lower than most areas and well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 716 businesses operating here, a total that is smaller than about 61% of similar areas.

716

Lower than 62% 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 Canadian - Mount Clear

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Canadian - Mount Clear [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/201011483/canadian-mount-clear/topic/economy-advantage