Craigieburn - North West · Statistical Area 2 (SA2)

Economy & Advantage in Craigieburn - North West

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

A steady increase in wealth and a surge in new residents define the local economy of Craigieburn - North West. The area has grown by 13.2% since 2021, which is well above the Victorian figure of 8.0%. This rapid expansion is supported by a business community of 1,125 companies.

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📍 Craigieburn - North West, Statistical Area 2 (SA2)

Where Craigieburn - North West 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 Craigieburn - North West — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Craigieburn - North West5
3064, VIC 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has a moderate level of advantage, scoring a 5 out of 10, which is higher than about half of similar areas. Access to money and resources is slightly stronger, ranking higher than 70% of comparable places.

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.

3

Lower than 71% 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.

7

Higher 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.

6

Higher 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.

977

Lower than 58% 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.

Population growth since 2021 has been 13.2%, a figure that is much higher than most areas and well above the 8.0% seen across Victoria. The total population now stands at 11,293.

Business & building

Operating businesses and dwellings approved.

With 1,125 businesses, the area is larger than about 63% of similar locations.

1,125

Higher 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 Craigieburn - North West

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Craigieburn - North West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/210051542/craigieburn-north-west/topic/economy-advantage