Wallan · Statistical Area 2 (SA2)

Economy & Advantage in Wallan

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

A massive 32.2% population jump since 2021 makes Wallan one of the fastest growing areas in the region. While the community is expanding rapidly, its overall social advantage is about the same as the national average.

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📍 Wallan, Statistical Area 2 (SA2)

Where Wallan 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 Wallan — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Wallan5
3758, VIC 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents have strong access to money and resources, scoring higher than 90% of similar areas. However, education and job skills are 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.

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.

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.

4

Lower 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.

986

Lower than 55% 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 32.2% since 2021, which is far above the Victorian rate of 8.0%. This growth has pushed the total population to 30,342 people.

Business & building

Operating businesses and dwellings approved.

With 2,507 businesses, Wallan is among the largest areas at this level for business activity.

2,507

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 Wallan

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Wallan [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/209041224/wallan/topic/economy-advantage