Millbank - Avoca · Statistical Area 2 (SA2)

Economy & Advantage in Millbank - Avoca

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

An overall advantage score of 893 marks Millbank - Avoca as a struggling area, falling well below the national average. This region faces significant challenges with limited access to money and a lack of formal education and job skills compared to most other areas.

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📍 Millbank - Avoca, Statistical Area 2 (SA2)

Where Millbank - Avoca sits — Socio-economic advantage (IRSAD decile)

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Millbank - Avoca1
4670, QLD 2

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is among the most disadvantaged in the country, scoring just 1 out of 10 for overall advantage. This is driven by very low levels of education and job skills, as well as limited access to money and resources.

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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.

893

Lower than 89% 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 5.3% since 2021, which is around the middle for similar areas. However, this is well below the Queensland growth rate of 8.7%.

Business & building

Operating businesses and dwellings approved.

There are 343 businesses operating here, a total that is smaller than about 85% of similar areas.

343

Lower than 85% 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 Millbank - Avoca

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Millbank - Avoca [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/319011500/millbank-avoca/topic/economy-advantage