Tarneit (West) - Mount Cottrell · Statistical Area 2 (SA2)

Economy & Advantage in Tarneit (West) - Mount Cottrell

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

A population jump of 85.8% since 2021 makes Tarneit (West) - Mount Cottrell one of the fastest-growing areas in the region. This rapid expansion is matched by a strong economic footing, with residents generally having better access to money and skills than most people across Australia.

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📍 Tarneit (West) - Mount Cottrell, Statistical Area 2 (SA2)

Where Tarneit (West) - Mount Cottrell sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Tarneit (West) - Mount Cottrell — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Tarneit (West) - Mount Cottrell6
3024, VIC 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is more advantaged than about 60% of all Australian regions. This is supported by strong scores for education and job skills, which are higher than about 70% of similar areas.

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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.

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Higher 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.

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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.

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Higher 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.

1,021

Higher than 60% 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 here is far above the Victorian average of 8.0%, with the population climbing by 85.8% since the last census. The total population now stands at 19,169.

Business & building

Operating businesses and dwellings approved.

Business activity is very high for an area of this type, with 2,487 businesses operating in the region.

2,487

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 Tarneit (West) - Mount Cottrell

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Tarneit (West) - Mount Cottrell [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/213051582/tarneit-mount-cottrell/topic/economy-advantage