Fortitude Valley · Statistical Area 2 (SA2)

Economy & Advantage in Fortitude Valley

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

Fortitude Valley stands out as a highly advantaged area compared to most similar places. While residents have very limited access to money and resources, they are among the most educated and skilled in the country. This creates a unique economic profile where high professional standing offsets a lack of traditional wealth.

Open map →
📍 Fortitude Valley, Statistical Area 2 (SA2)

Where Fortitude Valley sits — Socio-economic advantage (IRSAD decile)

8
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Fortitude Valley8
4006, QLD 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area's overall advantage score of 1,062 is higher than about 76% of similar areas. This is driven by an education and job skills rating of 9, which is higher than about 90% 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.

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.

1

Lower 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.

9

Higher than 86% 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.

1,062

Higher than 75% 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.

Growth has been rapid, with the population climbing 22.1% since 2021. This increase is far above the Queensland figure of 8.7%.

Business & building

Operating businesses and dwellings approved.

The area is a major commercial hub, with 3,022 businesses, placing it among the largest for this level.

3,022

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 Fortitude Valley

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Fortitude Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/305011106/fortitude-valley/topic/economy-advantage