Point Nepean · Statistical Area 2 (SA2)

Economy & Advantage in Point Nepean

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

A comfortable lifestyle defines Point Nepean, where most residents enjoy better access to money and education than about 60% of other areas. The community is relatively well-off, with an overall advantage score of 1,016 that sits slightly above the national average.

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📍 Point Nepean, Statistical Area 2 (SA2)

Where Point Nepean sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Point Nepean — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Point Nepean6
3939, VIC 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents generally have a good standing, scoring a 7 out of 10 for both their job skills and access to resources. This means the area is more advantaged than about 70% of similar regions.

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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.

7

Higher than 64% 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.

7

Higher than 64% 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.

7

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.

1,016

Higher than 58% 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 grown to 20,574 people, which is larger than about 89% of similar areas. However, recent growth of 2.9% is much lower than the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

Local commerce is active, with 2,120 businesses operating in the area. This is a larger number of businesses than about 90% of similar regions.

2,120

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 Point Nepean

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Point Nepean [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/214021383/point-nepean/topic/economy-advantage