Parkinson - Drewvale · Statistical Area 2 (SA2)

Economy & Advantage in Parkinson - Drewvale

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

A score of 1,038 for overall advantage puts Parkinson - Drewvale above the national average. The area performs particularly well in terms of access to money and resources, outscoring about 90% of similar areas. This creates a strong economic profile for the region.

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📍 Parkinson - Drewvale, Statistical Area 2 (SA2)

Where Parkinson - Drewvale sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Parkinson - Drewvale — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Parkinson - Drewvale7
4115, QLD 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have high access to money and resources, and their education and job skills are better than about 70% of similar areas. This helps the region reach an overall advantage score that is higher than the national figure.

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Higher than 64% 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.

9

Higher than 86% 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.

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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.

1,038

Higher than 67% 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 17,108 people, which is larger than about 79% of similar areas. However, the growth rate of 4.3% since 2021 is well below the Queensland figure of 8.7%.

Business & building

Operating businesses and dwellings approved.

Business activity is strong in the area, with 1,413 businesses operating across the region. This is larger than about 74% of similar areas.

1,413

Higher than 74% 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 Parkinson - Drewvale

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Parkinson - Drewvale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/303051075/parkinson-drewvale/topic/economy-advantage