Southbank - East · Statistical Area 2 (SA2)
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A score of 9 out of 10 for overall advantage makes Southbank - East one of the most prosperous areas in the country. While some residents have limited access to money and resources, the area is defined by an exceptionally well-educated workforce and a rapidly growing population.
All statistical area 2 (sa2) areas, 2021. The marker is Southbank - East — higher than 86% of areas.
| Southbank - East | 9 |
|---|---|
| 3006, VIC | 10 |
SEIFA indexes ranking relative advantage and disadvantage.
Education and job skills are at the highest possible level here, which helps explain why the overall advantage score of 1,104 is larger than about 88% of similar areas.
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.
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.
1,104
Higher than 88% 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.
The population has surged by 18.5% since 2021, a growth rate far above the Victorian figure of 8.0%. This has left the area with 19,552 residents.
19,552
Higher than 86% of statistical area 2 (sa2) areas.
Estimated resident population (ABS), 2025.
18.5%
Higher than 89% of statistical area 2 (sa2) areas.
Population growth since the 2021 Census, from ABS annual estimates.
Operating businesses and dwellings approved.
Business activity is very high for an area of this size, with 2,121 businesses operating here.
2,121
Higher than 86% of statistical area 2 (sa2) areas.
Operating businesses (ABS Counts of Australian Businesses), June 2025.
Australian Bureau of Statistics. (2021). Economy & Advantage in Southbank - East [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206041509/southbank-east/topic/economy-advantage
