Collingwood · Statistical Area 2 (SA2)

Economy & Advantage in Collingwood

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

A 21.7% population jump since 2021 sets Collingwood apart from the rest of Victoria, where growth was just 8%. This inner-city area is highly educated and generally advantaged, though it maintains a stark contrast in access to money and resources.

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📍 Collingwood, Statistical Area 2 (SA2)

Where Collingwood sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Collingwood — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Collingwood7
3066, VIC 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Collingwood ranks very high for education and job skills, though it sits among the lowest 10% of similar areas for access to money and resources. Overall, its advantage score of 1,045 is larger than about 70% of other areas.

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Higher than 64% 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.

3

Lower 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.

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Higher than 86% 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.

1,045

Higher than 69% 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.

The population has grown by 21.7% since the last census, a figure that is far above the Victorian average of 8%. There are now 11,383 people living in the area.

Business & building

Operating businesses and dwellings approved.

With 2,616 businesses, Collingwood is among the largest hubs for commercial activity at this level.

2,616

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 Collingwood

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Collingwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/206071141/collingwood/topic/economy-advantage