Springfield Lakes · Statistical Area 2 (SA2)

Economy & Advantage in Springfield Lakes

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

A population jump of 22.8% marks Springfield Lakes as one of the fastest-growing areas in the region, far outpacing the Queensland rate of 8.7%. This rapid expansion is matched by a strong economic profile, with most residents enjoying a higher level of advantage than the national average.

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📍 Springfield Lakes, Statistical Area 2 (SA2)

Where Springfield Lakes sits — Socio-economic advantage (IRSAD decile)

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Springfield Lakes7
4300, QLD 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is more advantaged than about 70% of similar places, with a typical score of 1,032. This strength is reflected in residents' access to money and job skills, which both rank higher than most other areas.

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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.

8

Higher than 71% 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.

7

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.

1,032

Higher than 64% 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.

With 29,522 people, this is one of the largest areas of its kind. Its growth since 2021 was far above the state average, climbing by 14 percentage points more than the Queensland figure.

Business & building

Operating businesses and dwellings approved.

The local economy is supported by 1,827 businesses, a total that is larger than about 85% of similar areas.

1,827

Higher than 84% 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 Springfield Lakes

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Springfield Lakes [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/310041304/springfield-lakes/topic/economy-advantage