In this article we present a framework for the development of psychosocial indicators of wellbeing for refugee children and young people which can be used to assess outcomes of interventions in the settlement context. While some experiences of refugee children and young people overlap with the general population of children and young people, many of their experiences are distinctive because of their exposure to violence prior to arrival and a range of stressors upon resettlement. Drawing on research conducted into outcome indicators at the Victorian Foundation for Survivors of Torture, several indicator domains are presented that have sensitivity and specificity for resettled refugee children and young people. The domains presented are distinctive and multifaceted. They encompass the perspectives of young people, parents, and service providers. They incorporate individual and relational aspects, subjective emotional states and observable behaviours. They include signs and symptoms of disturbances to psychological wellbeing, family wellbeing, connections to social groups and community, and positive expressions of wellbeing. They have been developed with an ecological context in mind and thus take into account a range of key contextual mediating variables.Refugee children face far greater dangers to their safety and well being than the average child. The sudden and violent onset of emergencies, the disruption of families and community structures as well as the acute shortage of resources with which most refugees are confronted, deeply affect the physical and psychological well being of refugee children.