Beaufort · Statistical Area 2 (SA2)

Economy & Advantage in Beaufort

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

Few residents in Beaufort have high levels of wealth or education compared to the rest of the country. The area is one of the more disadvantaged in the region, with an overall advantage score of 939, which is lower than the national average.

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📍 Beaufort, Statistical Area 2 (SA2)

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

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All statistical area 2 (sa2) areas, 2021. The marker is Beaufort — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Beaufort3
3373, VIC 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Overall advantage is lower than about 70% of similar areas. While access to money and resources is around the middle for its level, job skills and education are lower than about 60% of other areas.

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Lower than 71% 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.

3

Lower 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.

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.

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.

939

Lower than 75% 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 grew by 4.2% since 2021, which is around the middle for its level. However, this growth is well below the 8.0% seen across Victoria.

Business & building

Operating businesses and dwellings approved.

Beaufort has 501 businesses, a count that is smaller than about 75% of similar areas.

501

Lower than 75% 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 Beaufort

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Beaufort [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/201031014/beaufort/topic/economy-advantage