Northcote - East · Statistical Area 2 (SA2)

Economy & Advantage in Northcote - East

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

A top-ranking overall advantage score of 1,112 puts Northcote - East among the most affluent areas of its kind. This status is driven by a workforce with some of the highest levels of education and job skills in the country, far exceeding the national average.

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📍 Northcote - East, Statistical Area 2 (SA2)

Where Northcote - East sits — Socio-economic advantage (IRSAD decile)

10
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Northcote - East — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Northcote - East10
3070, VIC 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks among the highest in Australia for overall advantage and education skills. This strength is mirrored in its advantage score, which is larger than about 90% of similar areas.

10

Higher 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.

8

Higher 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.

6

Higher 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.

10

Higher 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.

1,112

Higher 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.

The population has grown by 4.9% since 2021, a figure that sits around the middle for its level, though this is well below Victoria's 8.0% growth rate.

Business & building

Operating businesses and dwellings approved.

The area is home to 1,352 businesses, which is more than about 72% of similar areas.

1,352

Higher than 72% 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 Northcote - East

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Northcote - East [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206021499/northcote-east/topic/economy-advantage