Northcote - West · Statistical Area 2 (SA2)

Economy & Advantage in Northcote - West

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

A top-tier overall advantage score of 1,124 marks Northcote - West as one of the most advantaged areas in the country. This standing is driven by an exceptionally high level of education and job skills, placing the area among the most qualified in the nation.

Open map →
📍 Northcote - West, Statistical Area 2 (SA2)

Where Northcote - West 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 - West — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Northcote - West10
3070, VIC 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is among the most advantaged overall, with a top-tier score of 10 for education and job skills. This high level of qualification helps explain why it is less disadvantaged than about 90% of other 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.

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.

5

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.

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.

1,124

Higher than 92% 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 grew by 5.8% since the last census, which is higher than most areas, though this is a little below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 1,086 businesses operating here, which is more than about 61% of similar areas.

1,086

Higher than 60% 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 - West

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Northcote - West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206021500/northcote-west/topic/economy-advantage