Bundoora - North · Statistical Area 2 (SA2)

Economy & Advantage in Bundoora - North

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

A population increase of 7.9% since 2021 shows Bundoora - North is growing steadily. This area generally fares better than most across Australia, with a typical advantage score of 1,033. Residents often have stronger education and job skills than those in many other similar areas.

Open map →
📍 Bundoora - North, Statistical Area 2 (SA2)

Where Bundoora - North sits — Socio-economic advantage (IRSAD decile)

7
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Bundoora - North7
3083, VIC 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is more advantaged than about 70% of similar places, scoring 7 out of 10. This is supported by a strong result for education and job skills, which also ranks higher than 70% of comparable areas.

7

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.

6

Higher than 57% 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.

6

Higher than 57% 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.

7

Higher than 64% 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.

1,033

Higher than 65% 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.

Bundoora - North grew by 7.9% since 2021, which is higher than most areas and about the same as the Victorian average. The total population now stands at 8,014.

Business & building

Operating businesses and dwellings approved.

There are 1,005 businesses operating here, which is more than about 56% of similar areas.

1,005

Higher than 56% 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 Bundoora - North

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Bundoora - North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/209041216/bundoora-north/topic/economy-advantage