Park Avenue · Statistical Area 2 (SA2)

Economy & Advantage in Park Avenue

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

A significant gap exists between Park Avenue and the wider state in terms of wealth and opportunity. Residents here face much higher levels of disadvantage than most, with an overall advantage score of 881, which is well below the national average.

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📍 Park Avenue, Statistical Area 2 (SA2)

Where Park Avenue sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Park Avenue — lower than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Park Avenue1
4701, QLD 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks among the lowest for overall advantage, with a score of 1 out of 10. This is consistent with very low ratings for both education and job skills, as well as limited access to money and resources.

1

Lower 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.

2

Lower than 86% 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.

2

Lower 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.

1

Lower 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.

881

Lower than 91% 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.

Population growth since 2021 has been 3.7%, a figure that sits around the middle for similar areas but is well below the Queensland rate of 8.7%.

Business & building

Operating businesses and dwellings approved.

There are 288 businesses operating in the area, which is fewer than about 87% of similar places.

288

Lower than 87% 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 Park Avenue

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Park Avenue [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/308031214/park-avenue/topic/economy-advantage