Affluence & Economy Newborough Vic 3825

Is Newborough VIC 3825 a rich suburb?

Affluence in Newborough

The higher the score, the more wealthy, high income and financially free the population is.
Sources: ABS, ATO, DSS, GOOGLE, TORREN and Microburbs, 2001 - 2023

Newborough

39.4%

Latrobe

45.2%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Education score	5.1	Top 49%	2% to Jun 2022
Middle Class	39.8%	Bottom 18%	Data for May 2023
Underclass	9.4%	Bottom 20%	Data for May 2023
Upper Class	4.7%	Bottom 34%	Data for May 2023
Working Class	46.0%	Top 8%	Data for May 2023
Austudy Payments (SA2)	10	Top 36%	Data for Jun 2024
Commonwealth Rent Assistance (SA2)	1640	Top 3%	Data for Jun 2024
Median household income (weekly)	$1,170	Bottom 26%	32% to Jan 2021
Pension Payments (SA2)	2870	Top 2%	Data for Jun 2024
Unemployed	0.1%	Bottom 39%	14% to Dec 2021

Business in Newborough

The higher the score, the more vibrant and diverse the regional economy.
Sources: ABS, GOOGLE, TORREN and Microburbs, 2016 - 2023

	Field	Value	VS Latrobe	Trend
	Business Activity	53.0	Top 41%	Data for May 2023
	Industry Diversity	88.9	Top 39%	Data for May 2023

Employment in Newborough

Sources: ABS, AURIN, SEEK and Microburbs, 2006 - 2022

	Field	Value	VS Latrobe	Trend
	Labour force participation	52.5%	Bottom 28%	16% to Dec 2021

Businesses (102)

Headline	Place	Datetime
Budding Musician
Concrete Repair Products	112 A Narracan Dr
Natalie Sellings Business Services	7 Barton St
Auto Boss	55 Becks Bridge Rd
Lady Lovely Locks	Shop 13 Rutherglen Rd

Affluence (8)

Headline	Place	Datetime
Latrobe Valley Pools	21 Rutherglen Rd
Latrobe Valley Pools & Chemicals	21 Rutherglen Rd
Old Sale Road Veterinary Services	259 Old Sale Rd
Tutors Plus	66 Northern Ave
Veterinary Services	259 Old Sale Rd