Southbank (West) - South Wharf · Statistical Area 2 (SA2)
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A high level of overall advantage defines daily life in Southbank (West) - South Wharf, where the typical resident is among the most advantaged in the country. While access to some basic resources is low, this is offset by a workforce with some of the highest education and job skills levels seen anywhere.
All statistical area 2 (sa2) areas, 2021. The marker is Southbank (West) - South Wharf — higher than 99% of areas.
| Southbank (West) - South Wharf | 10 |
|---|---|
| 3006, VIC | 10 |
SEIFA indexes ranking relative advantage and disadvantage.
The area ranks among the most advantaged across Australia with a score of 1,112, which is larger than about 90% of similar areas. This is driven by top-tier education and job skills, though access to other money and resources is much lower than in 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.
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.
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.
1,112
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.
Annual population estimates and change since the census.
Population growth has been very strong, rising by 22.9% since 2021. This increase is far above the 8.0% seen across Victoria.
8,122
Lower than 62% of statistical area 2 (sa2) areas.
Estimated resident population (ABS), 2025.
22.9%
Higher than 91% of statistical area 2 (sa2) areas.
Population growth since the 2021 Census, from ABS annual estimates.
Operating businesses and dwellings approved.
The area is a significant hub for activity, with 1,664 businesses, which is more than about 81% of similar areas.
1,664
Higher than 80% of statistical area 2 (sa2) areas.
Operating businesses (ABS Counts of Australian Businesses), June 2025.
Australian Bureau of Statistics. (2021). Economy & Advantage in Southbank (West) - South Wharf [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206041508/southbank-south-wharf/topic/economy-advantage
