Social capital is generally recognized as the positive outcome of sociability and social connection and, more specifically, as the capacity to realize economic benefits through social connections. Limited attention has been paid to understanding the potential of social capital at the intersection of socioeconomic disadvantage. The first part of the article examines assumptions of class and gender in the theoretical literature on social capital. The second part explores the influence of class and gender contexts on social networks among women living in socioeconomically disadvantaged neighborhoods in Victoria, Australia. The analysis reveals the ways in which social network assets are conditional on socioeconomic and gender circumstances.