Surrey Hills (West) - Canterbury · Statistical Area 2 (SA2)

Economy & Advantage in Surrey Hills (West) - Canterbury

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

A top score of 10 for overall advantage marks Surrey Hills (West) - Canterbury as one of the most affluent areas in the country. This standing is driven by exceptional levels of education and job skills, which place the area among the highest in the nation. Residents here have some of the best access to money and resources available.

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📍 Surrey Hills (West) - Canterbury, Statistical Area 2 (SA2)

Where Surrey Hills (West) - Canterbury 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 Surrey Hills (West) - Canterbury — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Surrey Hills (West) - Canterbury10
3126, VIC 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks among the largest in the country for overall advantage, with a typical score of 1,143. This high standing is matched by a top score of 10 for both education and the least amount of disadvantage.

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.

1,143

Higher than 96% 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 0.9% since 2021, which is much lower than most areas. This growth is well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 2,545 businesses operating here, making it one of the largest business hubs at this level.

2,545

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 Surrey Hills (West) - Canterbury

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Surrey Hills (West) - Canterbury [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/207011155/surrey-hills-canterbury/topic/economy-advantage