Mount Eliza · Statistical Area 2 (SA2)

Economy & Advantage in Mount Eliza

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

A score of 1,115 for overall advantage places Mount Eliza among the most prosperous areas in the country. This community is marked by exceptional levels of wealth, education, and job skills, far exceeding the national average. It stands as one of the most advantaged places in Australia.

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📍 Mount Eliza, Statistical Area 2 (SA2)

Where Mount Eliza sits — Socio-economic advantage (IRSAD decile)

10
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Mount Eliza — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Mount Eliza10
3930, VIC 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks in the highest possible category for both overall advantage and access to money and resources. With an education and job skills score of 9, it performs better than about 90% of similar areas.

10

Higher than 99% 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.

10

Higher than 99% 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.

10

Higher than 99% 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.

9

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.

1,115

Higher than 90% 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 reached 19,110 people, which is larger than about 85% of similar areas. However, recent growth of 1% is well below the Victorian figure of 8%.

Business & building

Operating businesses and dwellings approved.

There are 2,124 businesses operating here, a total that is larger than about 90% of areas at this level.

2,124

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 Mount Eliza

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Mount Eliza [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/214021381/mount-eliza/topic/economy-advantage