Create Build Grow. in ARMSTRONG CREEK

Transcription

1 Create Build Grow in ARMSTRONG CREEK

2 Contents About Armstrong Creek Demographics Reasons To Invest Geelong Job Creation Infrastructure Investments Epworth Hospital Waurn Ponds Simonds Stadium Geelong Deakin University Centre for Advanced Design in Engineering Training Baanip Boulevard ring road link to Surf Coast Hwy Geelong Library and Heritage Centre Barwon Health Geelong Base Hospital Princes Highway duplication from Geelong to Colac Education Lifestyle

3 About Armstrong Creek

4 About Armstrong Creek About Armstrong Creek Horsham Bendigo Mt Hotham Located 7kms from Geelong CBD, Armstrong Creek urban growth area is the largest contiguous growth area in Victoria. Consisting of 2,500 hectares of developable land, Armstrong Creek's population is expected to grow by 148% over the next 20 years. Portland Geelong Armstrong Creek Apollo Bay Moe As the primary growth area for Greater Geelong, Armstrong Creek is expected to attract more than 54,000 people at capacity and around 22,000 dwellings. recreation, forming an attractive addition to Geelong. Seen as Victoria's sixth growth area alongside the Growth Areas Authority Councils Wyndham, Hume, Casey-Cardinia, Melton and Whittlesea, Armstrong Creek can be accessed via road or rail with a commute time to Melbourne of just over an hour. Armstrong Creek Located only a stone throw away from great schools, shopping centres, recreational facilities, cafes and of course the Marshall Train Station, Armstrong Creek has become a highly sought-after location for living, working and 06 07

5 Demographics

6 Demographics Demographics Suburb Snap Shot Median House Price Weekly Median Advertised Rent Median House Hold Income Median Mortgage Repayment $ 600,000 $ 383 $ 1025 $ 1,842 2, Projected Population 22, Unemployment Rate % Median Age of Person 10

7 Demographics Demographics Main Occupations 17.5 % 17.2 % Professional 64 Technicians and Trade Workers Dwelling Structure % Separate House Unit Other ( ) 13.7 % 12.7 % 12 % Clerical and Administrative Community and Personal Service Sales Nature of Occupancy % Owned with Mortage Fully Owned 14.5 Other 12 Rented ( ) 9.8 % Labourers House Hold 9.2 % 6.1 % 1.8 % Managers Machinery Operators / Drivers Other Type % ( ) Group House Hold

8 Reasons To Invest

9 Reasons to Invests Reasons to Invests Population Growth Job Creation Bonanza The City of Greater Geelong is set to experience significant population growth over the next 17 years. It is estimated that the current population of 220,000 will Increase to almost 300,000 by 2031 (source:forcast.id.com.au) Despite the media report, Geelong has been transforming and revitalising its economy for the past decade, transitioning away from low-skilled manufacturing and towards services. Since 2006 there has been an increase of approximately 10,000 jobs in Geelong. Infrastructure Investment Boom Strong Demand for Rentals The Geelong Economy is currently undergoing a rapid transformation with a renewed emphasis on a technology and health driven economy. Roads, hospitals, residential, arts and retail projects worth $1.3 Billion are underway and further regional projects worth $2.3 Billion are waiting a start or are on the drawing board. Due to its proximity to schools, shopping precincts, recreational facilities and public transport, there is a very strong rental demand by families for rental properties in Armstrong Creek. With an average rental yield close to 6% it makes for a hassle free investment

10 Geelong Job Creation Bonanza

11 Geelong Job Creation Bonanza Geelong Job Creation Bonanza The people of the Geelong Region have been aware that Ford, Alco and Shell faced uncertain futures for more than a decade, and the recent announcement of job closures didn't catch the city or its residents by surprise. Thanks to the foresight of both sides of parliament, the council and its residents, a transition plan has been in place since 2006, which has seen an increase in employment of 9,264 in the Geelong Region. The Geelong job landscape has and continues to undergo a dramatic transformation, with almost 2/3 of the economy now currently being comprised of jobs in the service sector, with an emphasis in the health and education fields. As a result, large scale private and public companies have moved and/ or relocating to Geelong due to its affordability, accessibility and future growth prospects: - Energy Australia relocated its call centre in early 2014 creating 300 jobs loyees 1300 people at its Geelong HQ. - The NDIS HQ launched in May Target's national HQ is located in Geelong's employing 850 people. - The TAC relocated its HQ to Geelong in It was the biggest relocation in the history of Victoria. - Workcover will be relocating its office and with it 550 jobs to Geelong by 2017, providing a $50 M benefit to the region. - Cotton on created 500 new jobs in Geelong in 2012, & currently employees 1300 people at its Geelong HQ. The Geelong Region Innovation and Investment Fund The Geelong Region Innovation and Investment Fund (GRIIF) has just committed to assisting Carbon Revolution Pty Ltd undertake a $24 million project for a carbon wheel manufacturing facility in Geelong which will create more than 100 jobs. Bunge Bunge, one of the worlds biggest grain traders is building a new bulk grain export terminal in Geelong at a cost of $20 million and will create 100 new jobs. Epworth Hospital Geelong Epworth's new Geelong Hospital w i ll b e in operation from July D uring the construction phase 900 fulltime construction jobs will be created & once completed there will be 700 permanent full time health jobs. Geelong Health Capital Investment Fund The Geelong Health Capital Investment Fund allocated to Geelong, is creating 400 new jobs. Food Manufacturing Industry The Food Manufacturing industry accounts for over 2500 jobs & this is posed to increase exponentially over the next 3-5 years with the announcement of the agreement signed between Hainan Airlines will commence freight flights from Avalon to China within 18 months, providing the local food producers with direct access to the Burgeoning Chinese Market

12 Infrastructure Investments

13 Infrastructure Investments Infrastructure Investments More than $1.3 billion of major construction is underway or nearing completion across the Geelong region with a further $2.3 billion worth of investment either awaiting commencement or in the planning stages. Projects completed across the thriving region in the last year reached a total of $645 million. 93 Geelong Hospital expansion $ M $55 M Centre for Advanced Design in Engineering Training, Deakin Waurn Pond $45 M Some Key Projects Underway Geelong Library and heritage Centre upgrade 374 $ M $ M $ M Baanip Blvd ring road link to Surf Coast Hwy Stage 1 Epworth Hospital Waurn Ponds Princes Highway duplication (Winchelsea to Colac) 24 25

14 Infrastructure Investments Infrastructure Investments Some Projects in the Pipeline Recently Completed Projects 110 $ M Drysdale bypass (continuation of the Geelong Ring Road) 39 $ M Deakin University Waurn Ponds student accommodation $ 220M Princes Hwy duplication from Geelong Ring Road in Waurn Ponds Winchelsea $ 500M Infrastructure works for the Port of Geelong (to 2050) $3 4 M Carbon Nexus facility $65 M $100M St Mary s Terrace residential and commercial development, Geelong $80M Balmoral Quay Development (Rippleside) 65 $ M $40M $140 M Waurn Ponds Shopping Centre expansion Deakin Waterfront Campus redevelopment $67M $90 M Simonds Stadium Stage 4 redevelopment Geelong Performing Arts Centre (GPAC) redevelopment $ 36 M University Hospital Geelong ICU St John of God Hospital redevelopment 26 27

15 Infrastructure Investment Infrastructure Investment Epworth Hospital Waurn Ponds Simonds Stadium Geelong Construction of Epworth Geelong commenced in April 2014 with the first stage on track to be completed by June Funding of $150m is being sought for the final stages of the Simonds Stadium redevelopment. Once complete the $447 million teaching hospital will offer state-ofthe-art operating theatres, an emergency department, intensive care unit, delivery suites, cancer and renal dialysis units and will be integrated with Deakin University's training and research activities providing a Centre for clinically-based teaching for medical, nursing and allied health students. $447М Completed: June 2016 The $90m Stage 4 and $60m Stage 5 for further stand replacements & refurbishment would complete its transformation into Victoria's third national multi-purpose stadium. The investment will provide the infrastructure required to attract nationally significant events including AFL, T20 Big Bash, NRL, Super 15 Rugby, A-League Soccer & concerts. Stage one of the project will create over 430 full time equivalent (FTE) staff positions and provide a fully functional hospital to meet the needs of the growing community of Greater Geelong and the Colac-Otway, Golden Plains, Queenscliff and Surf Coast regions of southwest Victoria

16 Infrastructure Investment Deakin University Centre for Advanced Design in Engineering Training Work is well underway on Deakin University's $55 M Centre for Advanced Design in Engineering Training (CADET) building at its Waurn Ponds campus. In partnership with the Gordon TAFE & local Secondary Schools, the facility aims to address critical skill shortages in engineering by focusing on product design & development through virtual& physical modelling, simulation & prototyping programs. The Centre will offer programs to students from secondary schools through to PhD level. Supported by the Federal Government's Education Investment Fund, CADET is entirely designed in the Computer-Assisted Design (CAD) program, allowing engineering students to install CAD on their tablet device and use their tablets like a portable x-ray to see services such as power, water, data, beams etc. Once complete CADET will feature highly advanced equipment including a high-voltage lab (faraday cage), high-speed cameras, 3D printing devices for several materials, and wire, laser & waterjet cutters

17 Infrastructure Investment Infrastructure Investments Baanip Boulevard ring road link to Surf Coast Hwy The $90 million Baanip Boulevard was opened up in June 2015, 6 months a head of schedule. Construction on the 4.5 km two-lane arterial road began in December 2013 to connect the Geelong Ring Road, Princes Freeway and Surf Coast Highway providing a more effective route for freight and tourist traffic heading for the Surf Coast as well as a more direct route for commuters heading to Melbourne. Named out of respect for local Wathaurung man, Willem Baanip, who was well known to the Geelong community during the 1800s, the new east-west road also services the Armstrong Creek Urban Growth Area. $ 90 M 4.5 km section Jun

18 Infrastructure Investment Infrastructure Investment Geelong Library and Heritage Centre Barwon Health Geelong Base Hospital Construction of the new $45 m Geelong Library and Heritage Centre began in 2013 on the same site as the former library in Johnstone Park. The new dome centre designed by ARM Architecture has nine-storeys and will include youth discovery and multi-media zones, community IT areas, up to 100,000 library collection items, training and study spaces, community lounges, meeting spaces, a dedicated heritage centre reading room & exhibition and display areas. Construction of 3 new wards at the Barwon Health Geelong Base Hospital is well underway at a cost of $93 million. The build will increase bed capacity at the hospital with a 32 bed acute ward, a 32-bed oncology ward and a 24-bed palliative care ward, including 8 Geriatric Evaluation Management beds. Over the past 2 years the project has created approximately 100 jobs during construction with 17 ongoing jobs and expects to reach 1 million visits per annum within 5 years of operation. Construction of the new building is expected to be complete by the end of

19 Infrastructure Investment Infrastructure Investments Princes Highway duplication from Geelong to Colac The next stage of the Princes Highway duplication between Winchelsea and Colac has now begun with the $363 million project expected to be complete by mid The Princes Highway is the major inter-regional transport corridor that connects the communities of south western Victoria to ports, airports, rail connections and capital cities. The Highway directly services over 350,000 people and a number of important industries including logging, agriculture, grain, dairy and smelter products. were split into two separate projects: Geelong to Winchelsea & Winchelsea to Colac & have been jointly funded by the Victorian and Australian governments. Construction of the $220 million duplication from Geelong to Winchelsea was completed in The duplication involves widening & upgrading the highway to a four-lane divided road that will improve safety, travel times and reliability. The works $363 М Complete: mid

20 Education

21 Education Only a stone throw away, Armstrong Creek has some of the finest educational facilities at its finger tips including top ranked primary and secondary schools and several highquality tertiary education institutions. Home to Deakin University and the Gordon TAFE institute, Geelong also offers over 60 primary & secondary schools to choose from including Geelong Grammar and The Geelong College. Tertiary Education Deakin University - Geelong and Waurn Ponds Campuses Gordan Institute of TAFE Victorian Fitness Academy Marcus Oldham Farm Management College Primary and Secondary Education Geelong High School Fyans Park Primary Geelong Grammer Matthew Flinders Girls Secondary Geelong College Christian College Belmont Primary Belmont High School Geelong Lutheran College Grovedale Primary 40

22 Lifestyle

23 Cinemas Famous for its big city feel, the stunning coastline, diverse nightlife and great food culture, Geelong is a place for everyone. With easy to navigate road networks, regular train services and intelligent bus routes, Geelong is a highly accessible city. The large regional City has a thriving entertainment scene, quality hospitality venues and some seriously cool places to shop. Famous for its sport and leisure, Geelong is home to the second oldest Australian Football Club, the Geelong Cats. Sporting Grounds & Recreation Facilities Bell Park Sport & Recreation Geelong Lawn Tennis Club Leisurelink Aquatic & Recreation Centre Simonds Stadium Royal Geelong Yacht Club Eastern Beach Swimming Enclosure Kardinia Park Lonsdale golf Course Village Cinemas Reading Cinemas Markets Geelong Show Grounds Market Torquay Cowrie Community Market Barwon Heads Market Portairlington Mussel Festival Major Shopping Complexes Waurn Ponds Shopping Centre Westfield Geelong Pako' Pakington Street Market Square Geelong 45

24 Pubs Medical The Commun na Feine Sir Charles Darling Sir Charles Hotham The Bush Inn The Yardz The Cremorne The Great Western The Valley Inn The Carlton Hotel The Sporting Globe The Belmont Hotel Kardinia Health Health Medical Centre University Hospital Geelong Geelong Hospital (Public) St John of God Hospital The Cottage Medical Centre Resturants Tourist Attractions La Vista Authentic Italian Restaurant Tulip Bar and Restaurant Kanitar Thai Restaurant Flavors Castle Indian Restaurant Geelong Boat House Fish and Chips Jack and Jill Black Salt Restaurant Little Creatures Brewery AFL game at Simonds Stadium Adventure park Geelong Geelong Gaol Ghost Tours Aqua Orbs Water Park Rock Adventure Centre National Wool Museum A maze n Games Cunningham Pier Geelong Gallery The Carousel Theatres Cafes Geelong Performing Arts Centre Geelong Repertory Theatre Company Potato Shed Drysdale Bistrot St Jean Fuel Café Casse-Croute The French Corner Café Pakington Pantry 47

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