Heathcote · Statistical Area 2 (SA2)

Economy & Advantage in Heathcote

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

A 7.1% population increase since 2021 marks a period of steady growth for Heathcote. While the area is expanding at a rate similar to the Victorian average, it generally faces more challenges with access to money and education than most other areas.

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📍 Heathcote, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Heathcote3
3523, VIC 2

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has less advantage than most people across the country, with an overall score of 932. This is reflected in education and job skills, which are lower than about 70% of similar 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.

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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.

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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.

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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.

932

Lower than 77% 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 strong, rising 7.1% since the last census. This is higher than most areas and sits just below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 438 businesses operating in the area, which is a smaller number than about 79% of similar places.

438

Lower than 79% 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 Heathcote

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Heathcote [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/202021029/heathcote/topic/economy-advantage