Coconut Grove · Statistical Area 2 (SA2)

Economy & Advantage in Coconut Grove

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

Limited access to money and resources defines daily life for many in Coconut Grove. While the area has a decent level of education and job skills, it generally faces higher levels of disadvantage than most other Australian neighbourhoods.

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📍 Coconut Grove, Statistical Area 2 (SA2)

Where Coconut Grove sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Coconut Grove — lower than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Coconut Grove4
0810, NT 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area's overall advantage score is 971, which is smaller than about 61% of similar areas. This is reflected in a very low score for access to money and resources, which is smaller than about 90% of other areas.

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Lower 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.

3

Lower 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.

1

Lower 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.

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Higher 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.

971

Lower 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.

Growth has been slow, with the population increasing by only 1.7% since 2021. This is much lower than most areas and well below the Northern Territory's 6.6% increase.

Business & building

Operating businesses and dwellings approved.

There are 307 businesses in the area, a total that is smaller than about 86% of similar locations.

307

Lower than 87% 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 Coconut Grove

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Coconut Grove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/701021016/coconut-grove/topic/economy-advantage