Edithvale - Aspendale · Statistical Area 2 (SA2)

Economy & Advantage in Edithvale - Aspendale

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

A score of 9 for overall advantage makes Edithvale - Aspendale one of the most prosperous areas of its kind. Residents generally have more money and better job skills than people in 90% of similar places. This high level of advantage is reflected in the local wealth and education levels.

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📍 Edithvale - Aspendale, Statistical Area 2 (SA2)

Where Edithvale - Aspendale 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 Edithvale - Aspendale — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Edithvale - Aspendale9
3196, VIC 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks very highly for both education and access to money, with scores of 8 out of 10 for both. This puts the neighbourhood in a stronger position than about 80% 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.

8

Higher than 71% 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.

8

Higher than 71% 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.

1,077

Higher than 80% 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 5.1% since 2021 to reach 14,365 people. This growth is around the middle for its level, though it is a little below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 963 businesses operating in the area, which is more than about 53% of similar places.

963

Higher than 53% 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 Edithvale - Aspendale

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Edithvale - Aspendale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/208031189/edithvale-aspendale/topic/economy-advantage