Bunyip - Garfield · Statistical Area 2 (SA2)

Economy & Advantage in Bunyip - Garfield

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

More than half of similar areas have a lower overall advantage score than Bunyip - Garfield. While the typical resident has a high level of access to money and resources, this is balanced by a lower level of education and job skills compared to most other areas.

Open map →
📍 Bunyip - Garfield, Statistical Area 2 (SA2)

Where Bunyip - Garfield sits — Socio-economic advantage (IRSAD decile)

6
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Bunyip - Garfield — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Bunyip - Garfield6
3813, VIC 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area scores a 9 for access to money and resources, which is higher than about 90% of similar places. However, education and job skills are lower, with a score of 4 that is smaller than about 60% of areas at this level.

6

Higher 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.

7

Higher 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.

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.

1,003

Higher than 53% 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 grew by 4.3% since 2021, which is around the middle for its level. This growth is well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

Bunyip - Garfield has 1,251 businesses, a count that is larger than about 68% of similar areas.

1,251

Higher than 68% 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 Bunyip - Garfield

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Bunyip - Garfield [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212011547/bunyip-garfield/topic/economy-advantage