Fraser · Statistical Area 2 (SA2)

Economy & Advantage in Fraser

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

An overall advantage score of 1,074 makes Fraser one of the most affluent areas in the region. The community enjoys high levels of wealth and education, though its population is growing much slower than other parts of the territory.

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📍 Fraser, Statistical Area 2 (SA2)

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

8
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Fraser — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Fraser8
2615, ACT 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is very advantaged, scoring 8 out of 10 overall. Residents have a high level of access to money, resources, and job skills, with both of those categories ranking higher than about 90% of similar areas.

8

Higher than 71% 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.

9

Higher than 86% 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.

9

Higher than 86% 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.

1,074

Higher than 79% 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 growth has been sluggish, rising only 1.2% since 2021. This is well below the ACT figure of 7.1%, and is much lower than most other areas.

Business & building

Operating businesses and dwellings approved.

There are 108 businesses operating here, which is among the smallest number of businesses for an area at this level.

108

Lower than 95% 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 Fraser

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Fraser [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/801011010/fraser/topic/economy-advantage