Coburg North · Statistical Area 2 (SA2)

Economy & Advantage in Coburg North

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

A strong score of 7 for overall advantage marks Coburg North as a place where most people fare better than the national average. While access to money is lower than in many similar areas, the community is bolstered by high levels of education and job skills.

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📍 Coburg North, Statistical Area 2 (SA2)

Where Coburg 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 Coburg North — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Coburg North7
3058, VIC 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is generally well-off, with an overall advantage score of 1,041, which is larger than about 68% of similar areas. This is driven by education and job skills, which rank higher than about 80% of other areas at this level.

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.

4

Lower than 64% 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.

1,041

Higher than 68% 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 4.9% since 2021, which is around the middle for its level. However, this growth is well below the 8.0% seen across Victoria.

Business & building

Operating businesses and dwellings approved.

Coburg North is a significant hub for local trade, containing 1,391 businesses. This is larger than about 74% of similar areas.

1,391

Higher than 73% 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 Coburg North

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Coburg North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/210031236/coburg-north/topic/economy-advantage