Hyde Park - Pimlico · Statistical Area 2 (SA2)

Economy & Advantage in Hyde Park - Pimlico

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

Low levels of overall advantage mark Hyde Park - Pimlico as one of the least wealthy areas in its category. Residents generally have less access to money and resources compared to most other similar places. This is reflected in an overall advantage score of 934, which is lower than the national average.

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📍 Hyde Park - Pimlico, Statistical Area 2 (SA2)

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

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All statistical area 2 (sa2) areas, 2021. The marker is Hyde Park - Pimlico — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Hyde Park - Pimlico3
4812, QLD 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Access to money and resources is very low here, ranking lower than about 90% of similar areas. However, education and job skills are more common, with a score that is higher than about half of areas at this level.

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Lower 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.

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.

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.

5

Lower than 57% 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.

934

Lower than 76% 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 has barely changed, dipping by 0.5% since 2021. This growth is among the lowest for similar areas and sits well below the Queensland increase of 8.7%.

Business & building

Operating businesses and dwellings approved.

There are 556 businesses operating in the area, which is fewer than about 71% of similar locations.

556

Lower than 71% 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 Hyde Park - Pimlico

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Hyde Park - Pimlico [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/318021479/hyde-park-pimlico/topic/economy-advantage