Collingwood Park - Redbank · Statistical Area 2 (SA2)

Economy & Advantage in Collingwood Park - Redbank

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

A population jump of 25.5% since 2021 marks Collingwood Park - Redbank as one of the fastest-growing areas of its type. Despite this rapid expansion, the area faces significant challenges with low access to money, resources, and job skills.

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📍 Collingwood Park - Redbank, Statistical Area 2 (SA2)

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

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All statistical area 2 (sa2) areas, 2021. The marker is Collingwood Park - Redbank — lower than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Collingwood Park - Redbank2
4301, QLD 2

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area has a low overall advantage score of 924, which is smaller than about 81% of similar places. This is reflected in low scores for education and job skills, which are smaller than about 80% of other areas.

2

Lower than 86% 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.

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.

2

Lower 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.

924

Lower than 80% 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 here has been far above the Queensland figure, rising by 25.5% compared to the state's 8.7%. This surge has brought the total population to 14,921 people.

Business & building

Operating businesses and dwellings approved.

There are 584 businesses operating in the area, a count that is smaller than about 69% of similar locations.

584

Lower than 70% 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 Collingwood Park - Redbank

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Collingwood Park - Redbank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/310041299/collingwood-park-redbank/topic/economy-advantage