Essendon - East · Statistical Area 2 (SA2)

Economy & Advantage in Essendon - East

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

Higher levels of advantage than 90% of similar areas make Essendon - East a wealthy and well-qualified pocket of Melbourne. Residents here generally have more money and better opportunities than most Australians, with an overall advantage score of 1,091.

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📍 Essendon - East, Statistical Area 2 (SA2)

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

9
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All statistical area 2 (sa2) areas, 2021. The marker is Essendon - East — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Essendon - East9
3040, VIC 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is highly skilled, ranking in the top 10% of all areas for education and job skills. This strong academic profile helps explain why the suburb's overall advantage is much higher than the national average.

9

Higher than 86% 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.

9

Higher than 86% 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.

1,091

Higher than 84% 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 been steady, with the number of residents rising by 7.2% since 2021. This increase is about the same as the Victorian average of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 1,721 businesses operating in the area, which is more than about 82% of similar locations.

1,721

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 Essendon - East

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Essendon - East [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206031502/essendon-east/topic/economy-advantage