Parkwood - Ferndale - Lynwood · Statistical Area 2 (SA2)

Economy & Advantage in Parkwood - Ferndale - Lynwood

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

A growth rate of 5.8% is well below the Western Australian figure in Parkwood - Ferndale - Lynwood. This area is mid-range in terms of overall advantage and has a population of 15,304 people.

Open map →
📍 Parkwood - Ferndale - Lynwood, Statistical Area 2 (SA2)

Where Parkwood - Ferndale - Lynwood sits — Socio-economic advantage (IRSAD decile)

5
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Parkwood - Ferndale - Lynwood — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Parkwood - Ferndale - Lynwood5
6148, WA 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Overall advantage and access to resources are both rated at 5 out of 10, placing the area in the middle compared to similar places. The typical advantage score of 987 is slightly smaller than about 54% of other areas.

5

Lower than 57% 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.

5

Lower than 57% 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.

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.

987

Lower than 54% 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 5.8% since 2021, which is higher than most areas. However, this is well below the 10.7% growth seen across Western Australia.

Business & building

Operating businesses and dwellings approved.

There are 993 businesses in the area, which is more than about 55% of similar locations.

993

Higher than 55% 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 Parkwood - Ferndale - Lynwood

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Parkwood - Ferndale - Lynwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/506031128/parkwood-ferndale-lynwood/topic/economy-advantage