Wheelers Hill · Statistical Area 2 (SA2)

Economy & Advantage in Wheelers Hill

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

Wheelers Hill is among the most advantaged areas of its kind, with an overall advantage score of 1,080. This high standing is driven by strong access to money and resources, placing the area ahead of about 90% of similar places.

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📍 Wheelers Hill, Statistical Area 2 (SA2)

Where Wheelers Hill sits — Socio-economic advantage (IRSAD decile)

9
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All statistical area 2 (sa2) areas, 2021. The marker is Wheelers Hill — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Wheelers Hill9
3150, VIC 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have high levels of education and job skills, scoring 8 out of 10. This contributes to an overall advantage score that is larger than about 82% of similar areas.

9

Higher than 86% 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.

9

Higher than 86% 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.

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.

1,080

Higher than 81% 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 to 21,281 people, making it larger than about 90% of similar areas. However, recent growth of 2.0% is well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

With 2,489 businesses, this area has one of the largest numbers of enterprises among similar places.

2,489

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 Wheelers Hill

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Wheelers Hill [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212051327/wheelers-hill/topic/economy-advantage