North Geelong - Bell Park · Statistical Area 2 (SA2)

Economy & Advantage in North Geelong - Bell Park

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

A slight population dip of 0.1% since 2021 shows that North Geelong - Bell Park has seen very little growth recently. While the area is home to 15,724 people and has a strong business presence, it generally struggles with lower levels of financial advantage compared to most other regions.

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📍 North Geelong - Bell Park, Statistical Area 2 (SA2)

Where North Geelong - Bell Park sits — Socio-economic advantage (IRSAD decile)

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
North Geelong - Bell Park4
3215, VIC 5

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here often have less access to money and resources, with an overall advantage score of 956. This is lower than about 67% of similar areas across the country.

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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.

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Lower than 64% 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.

3

Lower than 71% 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 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.

956

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 of 15,724 is larger than about 74% of similar areas, but recent growth has stalled. At -0.1%, the growth rate is well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

The local economy is active, with 1,739 businesses operating in the area. This is a larger number of businesses than about 83% of similar regions.

1,739

Higher than 82% 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 North Geelong - Bell Park

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in North Geelong - Bell Park [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/203021047/north-geelong-bell-park/topic/economy-advantage