Camberwell · Statistical Area 2 (SA2)

Economy & Advantage in Camberwell

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

Camberwell ranks among the most advantaged areas in the country, reaching the highest possible score for overall advantage. This status is driven by a population with some of the highest levels of education and job skills across Australia. The area is a wealthy hub where residents have exceptional access to money and resources.

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📍 Camberwell, Statistical Area 2 (SA2)

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

10
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Camberwell — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Camberwell10
3124, VIC 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has a very high level of advantage, with a score of 1,137 which is among the largest at this level. This is supported by top rankings for both job skills and access to resources, placing the area ahead of about 90% of similar places.

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.

10

Higher than 99% 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.

9

Higher 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.

1,137

Higher than 95% 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.

Camberwell has a population of 22,052, making it one of the larger areas at this level. However, growth since 2021 has been a slow 2.6%, which is lower than most areas and well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

The local economy is supported by 3,421 businesses, placing the area among the largest at this level for business activity.

3,421

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 Camberwell

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Camberwell [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/207011149/camberwell/topic/economy-advantage