Newcomb - Moolap · Statistical Area 2 (SA2)

Economy & Advantage in Newcomb - Moolap

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

One thousand businesses operate in Newcomb - Moolap, though the area faces significant economic challenges. Most residents have much lower access to money and job skills than people in other parts of the country. This puts the area among the most disadvantaged in Australia.

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📍 Newcomb - Moolap, Statistical Area 2 (SA2)

Where Newcomb - Moolap sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Newcomb - Moolap — lower than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Newcomb - Moolap1
3224, VIC 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has very low access to money and education, with an overall advantage score of 891. This is much lower than the national average and smaller than about 90% of similar areas.

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Lower than 99% 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 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.

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Lower 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.

1

Lower than 99% 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.

891

Lower than 89% 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 fallen by 1.4% since 2021, which is among the lowest for similar areas. This is well below the 8% growth seen across Victoria.

Business & building

Operating businesses and dwellings approved.

There are 1,000 businesses in the area, which is more than about 56% of similar locations.

1,000

Higher than 56% 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 Newcomb - Moolap

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Newcomb - Moolap [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/203021045/newcomb-moolap/topic/economy-advantage