Ocean Reef · Statistical Area 2 (SA2)

Economy & Advantage in Ocean Reef

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

An overall advantage score of 1,082 puts Ocean Reef in a stronger position than about 82% of similar areas. This is a highly advantaged community where residents have some of the best access to money and resources in the country.

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📍 Ocean Reef, Statistical Area 2 (SA2)

Where Ocean Reef sits — Socio-economic advantage (IRSAD decile)

9
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Ocean Reef — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Ocean Reef9
6027, WA 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks in the top 10% for overall advantage, with a high score of 9 out of 10. This is supported by strong education and job skills, which are better than about 70% of similar areas.

9

Higher 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.

9

Higher 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.

10

Higher 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.

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.

1,082

Higher than 82% 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 7.2% since 2021, a rate higher than most areas, though this is well below the Western Australian figure of 10.7%.

Business & building

Operating businesses and dwellings approved.

There are 750 businesses operating in the area, which is a smaller number than about 60% of similar places.

750

Lower than 60% 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 Ocean Reef

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Ocean Reef [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/505011080/ocean-reef/topic/economy-advantage