Golden Plains - North · Statistical Area 2 (SA2)

Economy & Advantage in Golden Plains - North

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

A score of 7 for money and resource access marks Golden Plains - North as more financially secure than 70% of similar areas. While residents have good access to funds, the region overall ranks lower than most for general advantage, with an overall score of 955.

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📍 Golden Plains - North, Statistical Area 2 (SA2)

Where Golden Plains - North sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Golden Plains - North — lower than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Golden Plains - North4
3360, VIC 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents generally have good access to money, but the area ranks lower than 70% of similar places for education and job skills. This helps explain why the overall advantage score is lower than about 67% of other areas.

4

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.

5

Lower than 57% 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.

7

Higher than 64% 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.

3

Lower than 71% 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.

955

Lower than 68% 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 3.1% since 2021, which is lower than most areas and well below the Victorian figure of 8.0%. This keeps the total population small at 5,021 people.

Business & building

Operating businesses and dwellings approved.

There are 422 businesses operating in the area, a count that is smaller than about 80% of similar regions.

422

Lower than 80% 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 Golden Plains - North

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Golden Plains - North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/201031015/golden-plains-north/topic/economy-advantage