Woodend · Statistical Area 2 (SA2)
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
Slow population growth has marked recent years in Woodend, where the community remains very wealthy. The area is far more advantaged than most of the country, with a typical advantage score of 1,064 which is above the national average.
All statistical area 2 (sa2) areas, 2021. The marker is Woodend — higher than 71% of areas.
| Woodend | 8 |
|---|---|
| 3442, VIC | 9 |
SEIFA indexes ranking relative advantage and disadvantage.
Residents are highly advantaged, scoring 9 out of 10 for access to money and resources. This matches a strong result for education and job skills, which are higher than about 80% of similar 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.
9
Higher than 86% 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.
8
Higher 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.
1,064
Higher than 76% 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.
Annual population estimates and change since the census.
The population grew by 2.2% since 2021, a figure that is well below the Victorian rate of 8.0%. This growth is also lower than most other areas of a similar size.
8,084
Lower than 62% of statistical area 2 (sa2) areas.
Estimated resident population (ABS), 2025.
2.2%
Lower than 71% of statistical area 2 (sa2) areas.
Population growth since the 2021 Census, from ABS annual estimates.
Operating businesses and dwellings approved.
There are 758 businesses operating in the area, which is a smaller number than about 59% of similar regions.
758
Lower than 59% of statistical area 2 (sa2) areas.
Operating businesses (ABS Counts of Australian Businesses), June 2025.
Australian Bureau of Statistics. (2021). Economy & Advantage in Woodend [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/202021031/woodend/topic/economy-advantage
