St Kilda - West · Statistical Area 2 (SA2)

Economy & Advantage in St Kilda - West

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

An overall advantage score of 1,091 makes St Kilda - West more advantaged than about 85% of similar areas. While residents have some of the highest levels of education and job skills in the country, access to money and resources is lower than in about 80% of areas.

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📍 St Kilda - West, Statistical Area 2 (SA2)

Where St Kilda - West 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 - West — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
St Kilda - West9
3182, VIC 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is highly advantaged overall, with an education and job skills rating that is among the largest at the highest level. However, the score for access to money and resources is much lower, sitting at 2 out of 10.

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.

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.

1,091

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 rapid, rising 15.7% since 2021. This is well above the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

Business activity is high, with 2,217 businesses operating in the area. This is more than about 91% of similar areas.

2,217

Higher than 86% 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 - West

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in St Kilda - West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206051514/st-kilda-west/topic/economy-advantage