Monash · Statistical Area 2 (SA2)
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A slow growth rate of 1.3% since 2021 marks a period of relative stability for Monash. This is a prosperous area where residents generally have better access to money, resources, and high-level education than most other similar places.
All statistical area 2 (sa2) areas, 2021. The marker is Monash — higher than 71% of areas.
| Monash | 8 |
|---|---|
| 2904, ACT | 9 |
SEIFA indexes ranking relative advantage and disadvantage.
The area scores an 8 out of 10 for overall advantage, placing it above about 80% of similar areas. This high standing is reflected in both job skills and financial resources, which are also rated 8 out of 10.
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.
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.
8
Higher than 71% 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.
1,063
Higher than 76% 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.
Annual population estimates and change since the census.
With 5,657 residents, Monash has seen its population grow by only 1.3% since 2021. This is much lower than most other areas and sits well below the ACT's 7.1% increase.
5,657
Lower than 76% of statistical area 2 (sa2) areas.
Estimated resident population (ABS), 2025.
1.3%
Lower than 79% of statistical area 2 (sa2) areas.
Population growth since the 2021 Census, from ABS annual estimates.
Operating businesses and dwellings approved.
Commercial activity is relatively low here, with 262 businesses operating in the area. This is a smaller number of businesses than about 88% of similar areas.
262
Lower than 89% of statistical area 2 (sa2) areas.
Operating businesses (ABS Counts of Australian Businesses), June 2025.
Australian Bureau of Statistics. (2021). Economy & Advantage in Monash [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/801071084/monash/topic/economy-advantage
