Panorama · Statistical Area 2 (SA2)

Economy & Advantage in Panorama

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

High levels of education and professional skills shape daily life in Panorama. The area is generally more advantaged than most across Australia, with a typical overall advantage score of 1,023 which is above the national average.

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📍 Panorama, Statistical Area 2 (SA2)

Where Panorama sits — Socio-economic advantage (IRSAD decile)

7
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Panorama7
5042, SA 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here are well-qualified, with an education and job skills score of 8 that is higher than about 80% of similar areas. This helps drive an overall advantage score of 7, placing the area in a stronger position than about 70% of all regions.

7

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.

5

Lower than 57% 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.

8

Higher than 71% 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.

1,023

Higher than 61% 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 grown by 6.6% since 2021, a rate that is higher than most areas and a little above the South Australian figure of 5.6%. There are now 9,097 people living in the area.

Business & building

Operating businesses and dwellings approved.

There are 759 businesses operating in the area, which is a smaller number than about 59% of similar locations.

759

Lower than 59% 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 Panorama

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Panorama [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/403031070/panorama/topic/economy-advantage