Old Beach - Otago · Statistical Area 2 (SA2)

Economy & Advantage in Old Beach - Otago

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

A typical resident in Old Beach - Otago enjoys a level of financial advantage that is higher than 60% of other similar areas. With an overall advantage score of 1,003, the area sits slightly above the national average and is generally more prosperous than most across the state.

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📍 Old Beach - Otago, Statistical Area 2 (SA2)

Where Old Beach - Otago sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Old Beach - Otago — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Old Beach - Otago6
7017, TAS 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area scores 8 out of 10 for access to money and resources, which is higher than about 80% of similar places. This helps drive an overall advantage score that is larger than about 53% of areas at this level.

6

Higher 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.

8

Higher than 71% 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.

8

Higher than 71% 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.

1,003

Higher than 53% 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.

Population grew by 5.0% since 2021, a rate that is well above the Tasmanian figure of 1.6%. This growth puts the area around the middle for its level, bringing the total population to 5,286.

Business & building

Operating businesses and dwellings approved.

Local business activity is relatively low, with 255 businesses operating in the area. This is smaller than about 89% of similar areas.

255

Lower than 89% 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 Old Beach - Otago

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Old Beach - Otago [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/601011003/old-beach-otago/topic/economy-advantage