Hastings - Somers · Statistical Area 2 (SA2)

Economy & Advantage in Hastings - Somers

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

Fewer people are living in Hastings - Somers than in 2021, with a population drop of 1.9% that stands out against the rest of the state. While the area is home to 23,795 residents, its overall financial advantage is slightly lower than the national average.

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📍 Hastings - Somers, Statistical Area 2 (SA2)

Where Hastings - Somers sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Hastings - Somers — lower than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Hastings - Somers4
3918, VIC 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area's overall advantage score is 969, which is smaller than about 61% of similar areas. People here have a moderate level of access to money and resources, scoring higher than about 60% of other areas.

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Lower than 64% 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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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.

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Higher than 57% 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.

969

Lower than 62% 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.

Population growth has been among the lowest for this type of area, falling by 1.9% since 2021. This is well below the Victorian growth rate of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 1,779 businesses in the area, a count that is larger than about 84% of similar locations.

1,779

Higher than 83% 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 Hastings - Somers

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Hastings - Somers [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/214021379/hastings-somers/topic/economy-advantage