St Kilda East · Statistical Area 2 (SA2)

Economy & Advantage in St Kilda East

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

High levels of overall advantage define St Kilda East, where the area scores larger than about 90% of other similar places. While some residents struggle with access to money and resources, the community is marked by a highly skilled and educated workforce.

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📍 St Kilda East, Statistical Area 2 (SA2)

Where St Kilda 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 St Kilda East — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
St Kilda East9
3183, VIC 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is among the most educated and skilled in the country, with a top score of 10. This helps drive an overall advantage score of 1,101, which is larger than about 87% 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.

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.

2

Lower than 86% 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.

1,101

Higher than 87% 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 strong, with the number of people rising by 8.1% since 2021. This is much higher than most areas and sits about the same as the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

Economic activity is significant in this part of the city, with 1,638 businesses operating across the area.

1,638

Higher than 79% 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 St Kilda East

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in St Kilda East [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206051134/st-kilda-east/topic/economy-advantage