Rosebud - McCrae · Statistical Area 2 (SA2)

Economy & Advantage in Rosebud - McCrae

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

Over 1,700 businesses operate in Rosebud - McCrae, making it a significant local commercial hub. However, the area faces some economic hurdles, with an overall advantage score of 948 that is lower than the national average. This suggests a community where many residents have fewer financial resources and job skills compared to other regions.

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📍 Rosebud - McCrae, Statistical Area 2 (SA2)

Where Rosebud - McCrae sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Rosebud - McCrae — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Rosebud - McCrae3
3939, VIC 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents generally have lower access to money and job skills, with an overall advantage score smaller than about 70% of other areas. This is reflected in a disadvantage score of 4, which is also lower than about 60% of similar places.

3

Lower 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.

4

Lower 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.

4

Lower 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.

4

Lower 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.

948

Lower than 71% 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 23,508, placing it among the largest areas of its type. However, growth since 2021 has been just 1.6%, which is well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

Local commerce is a strong point for the area, with 1,748 businesses, a count that is larger than about 83% of similar locations.

1,748

Higher than 82% 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 Rosebud - McCrae

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Rosebud - McCrae [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/214021384/rosebud-mccrae/topic/economy-advantage