Mill Park - South · Statistical Area 2 (SA2)

Economy & Advantage in Mill Park - South

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

A slower growth rate of 1.4% since 2021 marks the recent economic shift for Mill Park - South. The area sits in a middle ground for most measures, with an overall advantage score of 974 that is slightly below the national average.

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📍 Mill Park - South, Statistical Area 2 (SA2)

Where Mill Park - South sits — Socio-economic advantage (IRSAD decile)

5
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Mill Park - South — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Mill Park - South5
3082, VIC 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have a moderate level of access to money, resources, and job skills, with the area ranking in the middle compared to similar places. However, the overall disadvantage score is lower than about 60% of other areas.

5

Lower than 57% 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.

4

Lower than 64% 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.

5

Lower 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.

5

Lower than 57% 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.

974

Lower than 60% 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 1.4% since 2021, which is much lower than most areas and well below the Victorian figure of 8.0%. This brings the total population to 11,494 people.

Business & building

Operating businesses and dwellings approved.

There are 716 businesses operating in the area, which is a smaller number than in about 61% of similar places.

716

Lower than 62% 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 Mill Park - South

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Mill Park - South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/209041221/mill-park-south/topic/economy-advantage