Yarrawonga · Statistical Area 2 (SA2)

Economy & Advantage in Yarrawonga

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

Yarrawonga sits below most similar areas in terms of overall economic advantage. With an overall advantage score of 934, the town is less advantaged than the national average. This reflects a community with lower levels of access to money and formal job skills compared to much of the country.

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📍 Yarrawonga, Statistical Area 2 (SA2)

Where Yarrawonga sits — Socio-economic advantage (IRSAD decile)

3
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Yarrawonga3
3730, VIC 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks as a 3 out of 10 for overall advantage, which is lower than about 70% of similar places. This is consistent with low scores for education and job skills, which also sit below most other areas.

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.

3

Lower 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.

934

Lower than 76% 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 grew by 4.2% since 2021, a rate that is around the middle for its level. However, this is well below the 8.0% growth seen across Victoria.

Business & building

Operating businesses and dwellings approved.

There are 716 businesses operating in the area, a total that is smaller than about 61% of similar places.

716

Lower than 62% 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 Yarrawonga

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Yarrawonga [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/216021414/yarrawonga/topic/economy-advantage