Cranbourne East - North · Statistical Area 2 (SA2)

Economy & Advantage in Cranbourne East - North

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

A slightly lower overall advantage score of 984 marks Cranbourne East - North compared to the national average. While the area has a population of 25,111, its economic standing is roughly in the middle when compared to similar regions.

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📍 Cranbourne East - North, Statistical Area 2 (SA2)

Where Cranbourne East - North 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 Cranbourne East - North — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Cranbourne East - North5
3977, VIC 5

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area scores 8 for access to money and resources, which is higher than about 80% of similar areas. However, its overall advantage and disadvantage scores sit right in the middle, with about half of all areas ranking higher.

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.

5

Lower 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.

8

Higher than 71% 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.

984

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.

Growth has been steady with a 5.6% increase in population since 2021. This is a little below the Victoria rate of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 2,226 businesses in the area, a figure that is larger than about 91% of similar locations.

2,226

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 Cranbourne East - North

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Cranbourne East - North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212031557/cranbourne-east-north/topic/economy-advantage