Strathfieldsaye · Statistical Area 2 (SA2)

Economy & Advantage in Strathfieldsaye

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

A top score of 10 for access to money and resources marks Strathfieldsaye as one of the most advantaged areas in its class. This wealth is matched by high job skills and a growing population, creating a prosperous profile that sits well above the national average.

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📍 Strathfieldsaye, Statistical Area 2 (SA2)

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

8
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All statistical area 2 (sa2) areas, 2021. The marker is Strathfieldsaye — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Strathfieldsaye8
3551, VIC 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is very comfortable, with an overall advantage score of 1,050 that is higher than about 72% of similar places. This is reflected in its education and job skills, which are better than about 70% of other areas.

8

Higher 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.

9

Higher than 86% 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.

10

Higher 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.

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.

1,050

Higher than 71% 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 has been rapid, rising by 9.6% since 2021. This increase is much higher than most similar areas and sits a little above the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 733 businesses in the area, which is a smaller number than about 61% of similar locations.

733

Lower than 61% 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 Strathfieldsaye

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Strathfieldsaye [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/202011024/strathfieldsaye/topic/economy-advantage