Balmoral · Statistical Area 2 (SA2)

Economy & Advantage in Balmoral

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

An overall advantage score of 1,127 puts Balmoral among the most prosperous areas in the country. This suburb is defined by exceptional levels of wealth and professional skills, placing it in the highest possible bracket for socio-economic advantage.

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📍 Balmoral, Statistical Area 2 (SA2)

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

10
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Balmoral — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Balmoral10
4171, QLD 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have some of the highest levels of education and job skills in Australia. This is reflected in a top score of 10 for overall advantage, meaning there is very little disadvantage compared to other areas.

10

Higher than 99% 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.

10

Higher than 99% 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.

10

Higher than 99% 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.

1,127

Higher than 93% 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 5.8% since 2021, which is higher than most similar areas, though this is a little below the Queensland growth rate of 8.7%.

Business & building

Operating businesses and dwellings approved.

There are 495 businesses operating in the area, a total that is smaller than about 75% of similar locations.

495

Lower than 75% 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 Balmoral

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Balmoral [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/305021113/balmoral/topic/economy-advantage