Mount Martha · Statistical Area 2 (SA2)

Economy & Advantage in Mount Martha

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

A steady population growth of 0.7% since 2021 shows Mount Martha has become more stable compared to the faster pace seen across Victoria. It is a highly affluent area where residents enjoy some of the highest levels of financial and educational advantage in the country.

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📍 Mount Martha, Statistical Area 2 (SA2)

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

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All statistical area 2 (sa2) areas, 2021. The marker is Mount Martha — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Mount Martha8
3934, VIC 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have an advantage score of 1,068, which is larger than about 78% of similar areas. This wealth is backed by top-tier access to money and resources, as well as job skills that are higher than about 80% of other 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.

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.

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.

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.

1,068

Higher than 77% 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 20,161 people, making it larger than about 88% of similar areas. However, recent growth of 0.7% is much lower than most areas and well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

There are 1,796 businesses operating in the area, a count that is larger than about 84% of similar areas.

1,796

Higher than 84% 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 Martha

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Mount Martha [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/214021382/mount-martha/topic/economy-advantage