Glen Waverley - West · Statistical Area 2 (SA2)

Economy & Advantage in Glen Waverley - West

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

High levels of education and wealth shape daily life in Glen Waverley - West, where the typical resident has far more resources than most people across the country. This advantage is reflected in an overall score of 1,074, which is larger than about 80% of similar areas.

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📍 Glen Waverley - West, Statistical Area 2 (SA2)

Where Glen Waverley - West sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Glen Waverley - West — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Glen Waverley - West8
3150, VIC 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Education and job skills are a standout strength here, scoring 9 out of 10 and ranking higher than about 90% of other areas. This high level of qualification helps explain why the area's overall advantage is larger than about 80% of similar places.

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Higher than 71% 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.

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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.

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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.

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Higher than 86% 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.

1,074

Higher than 79% 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 quickly since 2021, rising by 9.8%. This increase is much higher than most areas and sits a little above the Victorian rate of 8.0%.

Business & building

Operating businesses and dwellings approved.

Commercial activity is significant, with 3,072 businesses operating in the area. This is among the largest number of businesses for a place at this level.

3,072

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 Glen Waverley - West

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Glen Waverley - West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212051322/glen-waverley-west/topic/economy-advantage