Melbourne CBD - East · Statistical Area 2 (SA2)

Economy & Advantage in Melbourne CBD - East

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

An overall advantage score of 1,079 makes Melbourne CBD - East more prosperous than about 81% of similar areas. This is a high-status hub where a top-tier level of education and job skills helps drive the local economy. The area has also seen a massive recent population surge, growing by 41%.

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📍 Melbourne CBD - East, Statistical Area 2 (SA2)

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

9
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Melbourne CBD - East9
3000, VIC 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

While the area ranks among the best for education and job skills, it has a much lower level of access to money and resources than about 90% of similar places. This contrast sits alongside an overall advantage score that is larger than most areas across the country.

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.

5

Lower than 57% 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.

1

Lower than 99% 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.

1,079

Higher than 81% 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 huge, rising by 41% since 2021. This is far above the Victorian figure of 8%, and the total population has reached 14,266.

Business & building

Operating businesses and dwellings approved.

The area is a major commercial centre, with 7,659 businesses, ranking it among the largest at this level.

7,659

Higher than 88% 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 Melbourne CBD - East

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Melbourne CBD - East [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206041503/melbourne-cbd-east/topic/economy-advantage