Point Cook - North West · Statistical Area 2 (SA2)

Economy & Advantage in Point Cook - North West

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

High levels of wealth and a skilled workforce shape daily life in Point Cook - North West. The area is more advantaged than about 80% of similar places, with an overall advantage score of 1,057. This reflects a community with strong access to money, resources, and high-quality education.

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📍 Point Cook - North West, Statistical Area 2 (SA2)

Where Point Cook - North West sits — Socio-economic advantage (IRSAD decile)

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Point Cook - North West8
3030, VIC 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents have a high level of access to money and resources, scoring 9 out of 10. This is mirrored by a strong result for education and job skills, which ranks higher than about 80% of similar areas.

8

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.

8

Higher 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.

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.

1,057

Higher than 74% 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 4.8% since 2021, which is around the middle for its level. However, this growth is well below the 8.0% seen across Victoria.

Business & building

Operating businesses and dwellings approved.

There are 879 businesses operating in the area, a total that is smaller than about 51% of similar places.

879

Lower than 52% 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 Point Cook - North West

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Point Cook - North West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/213051581/point-cook-north-west/topic/economy-advantage