MARKET OUTLOOK PERTH WESTERN AUSTRALIA
|
|
- Beatrix Hutchinson
- 6 years ago
- Views:
Transcription
1 MARKET OUTLOOK PERTH WESTERN AUSTRALIA 1 Perth Overview 2 Education & Demographics 3 Investment & Employment 4 Perth Infrastructure 5 Residential Property Market Prepared exclusively for Pindan August 217
2 PERTH OVERVIEW ECONOMIC GROWTH Over the last decade, Western Australia was the strongest performing economy in the nation. AVERAGE ANNUAL GROWTH 1 YEAR TO 215/16: 1.5% 2.2% 2.2% 2.8% 5% IMPORTANT TIMEZONE Perth shares a time zone with approximately 6% of the world s population. The recent introduction of Perth-London direct flights reinforces the Perth s role as Australia s Western Gateway and provides a vital entry point for European travellers. IMF Advanced Economies NSW VIC Australia WA WA s GSP per capita was $92,56 in June % HIGHER THAN THE NATIONAL EQUIVALENT OF $69,134 IN THE SAME PERIOD New Delhi Source: ABS, IMF (Constant Prices), OECD. KEY TRADING PARTNERS China is predicted to be the world s largest economy come 226 (The Economist). Further sources of export demand include growth centres of Asia. Kuala Lumpur Singap Proportion of WA exports (as of May 217) Forecast GDP growth to 222 China 62% 5.9% Jakarta Japan 15%.6% South Korea 7% 3.% Asean 5 9% 5.3% Source: ABS, IMF: World Economic Outlook (WEO) Note: Association for Southeast Nations (ASEAN 5) includes Indonesia, Malaysia, the Phillipines, Singapore and Thailand. 3.5 hrs SINCE MAY 216, EXPORTS TO CHINA HAS INCREASED BY 28%. ONE OF THE WORLD S TOP TEN MOST LIVEABLE CITIES. Source: Department of State Development 1 hour timezone 5 hour business timezone 2 Market Outlook Perth, Western Australia
3 Australia s western gateway and most accessible capital city to the world s strongest economic growth regions. LIVEABILITY The Economist Intelligence Unit scores cities on over 3 factors within five broad categories: stability, healthcare, culture, education and infrastructure. Perth has ranked in the top ten most liveable cities for over ten years. In 216, Perth was ranked 7 th, up from 8 th in 215. PERTH S LIVEABILITY SCORES City Rank Overall (1=ideal, =intolerable) Beijing Hong Kong Shanghai Tokyo 1 hrs Education Healthcare Infrastructure Stability Culture Overall ore 9 hrs 8 hrs Source: Economist Intelligence Unit EMERGING ARTS CAPITAL The 217 Perth International Arts Festival ran for three weeks and was hosted at the newly developed Elizabeth Quay. 5 hrs Perth hosts Australia s oldest International Arts Festival (64 years). The Western Australian Academy of Performing Arts (WAAPA) at Edith Cowen (ECU) has been ranked as one of the best 25 acting schools in the world Perth With 3,4 artists and 7 acts, the 217 Perth Fringe World Festival was the third largest worldwide. Over 75, people viewed events at one of 15 venues and had total flow on economic impact $84.3 million. Prepared by Urbis; Source: WAAPA, ECU s 216 Annual Report, PIA, Fringe World PERTH S 13% POPULATION GROWTH IN THE FIVE YEARS TO JUNE 216 EXCEEDS SYDNEY, MELBOURNE AND BRISBANE Prepared exclusively for Pindan 3
4 EDUCATION & DEMOGRAPHICS PRIMARY & SECONDARY EDUCATION Perth s primary and secondary schools, both public and private, provide a high-quality education to students. Many private schools offer on-campus boarding facilities for secondary school (or older) students. In its latest budget, the state government proposed $4.84b to education. In 216 student enrolment growth increased by 1.3% from the previous year and a forecast of 9.% (or 26,551 students) growth between Prepared by Urbis; Source: Western Australian School Curriculum and Standards Authority. * Based on number of year 12 subject enrolments where a WACE course score of at least 75+ achieved (excludes vocational subjects),216. On-Site Boarding Facilities TERTIARY EDUCATION The of Western Australia (UWA) ranks among the top 1% of universities in the world. It is the only WA member of Australia s Group of Eight : the country s leading research institutions. An excellent location for education. According to QS Best Student Cities 216 list, Perth ranks 35 in the world. The Western Australian Academy of Performing Arts (WAAPA) and Edith Cowen (ECU) has been ranked as one of the best 25 acting schools in the world (The Hollywood Reporter 212). There are also 11 Technical and Further Education (TAFE) Colleges in Western Australia. DEMOGRAPHICS Perth was the fastest growing capital city over the five years to June 216. The WA Government is planning for Greater Perth to grow from approximately 2 million people to 3.5 million by 25. Perth s population is projected to outnumber that of Brisbane from 228, making Perth Australia s third most populous city according to ABS Population Projections. As at June 216, Western Australia accounts for 11% of Australia s total population and 79% of WA s population resided in Greater Perth. As at 216, 43% of Greater Perth s population was born overseas. The city s social fabric reflected over 2 nationalities speaking 27 languages. According to SAFi forecasts by i.d, Greater Perth s population is expected to increase by 47,6 people p.a. between 216 and 221. This reflects annual growth of 2.2%. State ranking 1 * Perth Modern School 2 * Presbyterian Ladies' College 3 * Penrhos College 4 * Christ Church Grammer School 5 * Santa Maria College 6 * St Hildas Anglican School for Girls 7 * Perth College 8 * St Mary's Anglican Girls' School 9 * Methodist Ladies' College 1 * Shenton College PERTH'S UNIVERSITIES The of WA Curtin Prepared by Urbis; Source: Department of Education and Training Prepared by Urbis; Source: ABS Prepared by Urbis; Source: SAFi.id Murdoch Edith Cowan Of Notre Dame WESTERN AUSTRALIA'S OVERSEAS STUDENT NUMBERS Internatonal Students ESTIMATED RESIDENT POPULATION GROWTH FIVE YEARS TO JUNE 216 9% 9% 11% Brisbane Sydney Melbourne STRONG FORECAST POPULATION GROWTH FOR GREATER PERTH Thousands 4, 3, 2, 1, 3,5 3, 2,5 2, 1,5 1, 5 1, ,577 1,834 2,18 2,346 2,577 13% Perth 2,81 3, F 221F 226F 231F 236F 4 Market Outlook Perth, Western Australia
5 INVESTMENT & EMPLOYMENT MINING, OIL AND GAS According to the Office of the Chief Economist (December 216), committed mining, oil and gas and infrastructure projects in WA have a combined project value of $136.7 billion. This represents 7% of the total value of all projects across Australia ($194.8 billion). Perth is one of the 2 international energy capitals. It is home to 35% of companies listed on the Australian Securities Exchange, which collectively account for the largest proportion of Australian mining companies in Africa, South America and Central Asia. VALUE OF COMMITTED PROJECTS BY JURISDICTION Queensland 5.9% New South Wales.7% Victoria 1.% South Australia.3% Northern Territory 21.9% Western Australia 7.1% Prepared by Urbis; Source: Office of Chief Economist December 216 EMPLOYMENT AND TOURISM WA s workforce has grown by 4.3% over the last five years to 1.37 million people (ABS May 217). The highest number of employees worked in health care and social assistance, followed by construction. The mining sector is a major part of the WA economy, however ranks seventh in terms of number of people employed. As one of the largest and most diverse states in the world, WA offers a wide range of unique holiday experiences. Perth acts as the gateway for WA tourism and the importance of the tourism sector is forecast to continue to grow. Some key facts about tourism are: Health Care Construction 166,8 147,4 12.2% of workforce 1.8% 19, PEOPLE EMPLOYED in tourism related industries 9% INCREASE OF VISITORS TO WA year ending March 217 Retail Trade 126,8 Education & Training Professional, Scientific & Technical trade 15, Accommodation & Food Services 12,1 Mining 94, 6.9% 9.3% 7.7% 7.4% 1,9 7.4% $1.1B SPENT by tourists in Western Australia $2.3B SPENT Prepared by Urbis; Source: Tourism Western Australia by international visitors in the year ending March 17 Although not a large direct employer, agriculture plays an important and growing part of the WA economy. In , the state s Gross Value of Agricultural Production (GVAP) was $8.2 billion, 15% of Australia s total GVAP. WA prides itself on the outstanding quality of its produce. Prepared by Urbis; Source: ABS 3% wheat ($2.5B) 11% livestock ($933M) 1% barley ($825M) 9% canola ($73M) 8% wool ($661M) Prepared exclusively for Pindan 5
6 PERTH INFRASTRUCTURE 1 Perth City Link Linking the Perth CBD and Northbridge, City Link is one Australia s transit orientated developments which will comprise over 1,9 apartments and 244, sq.m of office and retail space for 13,5 new workers. The government is investing $1.39 billion in the precinct which includes the value of the Perth Arena. 2 Perth Arena 8 Perth Arena has a capacity of 15,5 visitors and was ranked seventh in the world in 214 for revenue among venues in its size category (Pollstar). Perth Arena also hosts sporting events like the annual Hopman Cup tennis tournament and National Basketball League (NBL) matches. It opened in 212 and had a project value of $548 million. 3 Elizabeth Quay 3 The public realm of Elizabeth Quay opened in January 216 to serve as an events and recreation space. It links the Swan River and Perth CBD. The government s $44 million project will deliver 8 apartments, 4 hotel rooms and 225, sq.m of commercial space (accommodating 1,) workers. 4 Perth Stadium 7 The Perth Stadium is located on the Swan River and will provide 6, seats for major sporting and entertainment venues which will make it the third largest stadium in Australia. It is capable of attracting national and international events to Perth. The $1.2 billion project is expected to open in Market Outlook Perth, Western Australia
7 5 New WA Museum Located in the Perth Cultural Centre, the $428 million finished product (delivery in 22) will allow curators to present innovative displays. The project comprises around 23, sqm of refurbished heritage and new buildings. 6 Forrestfield-Airport Link This $2 billion train line will link Forrestfield, Perth Airport and the Perth CBD (8.5km in length) and create three new stations at Belmont, Airport Central and Forrestfield. The project was launched in 214 and in 216 construction commenced, with completion scheduled for Riverside 6 Covering 4 hectares of land in East Perth, the Metropolitan Redevelopment Authority s vision for Riverside is a cosmopolitan waterfront community and tourist destination. Upon completion, Riverside will be home to 7, new residents and 6, new workers. The Waterbank development lies at the heart of the precinct. 8 Perth Childrens Hospital The hospital site is located in Nedlands and will replace Princess Margaret Hospital as the State s dedicated children s hospital. The project is $1.2 billion and is expecting completion in 218. It will aim to provide specialty medical treatment, inpatient and outpatient care and day stay care services. 9 Crown Casino Perth 4 9 Crown Perth, Western Australia s only casino complex, has been extended. The precinct includes new cafés and restaurants as well as a six-star Crown Towers hotel which comprises 5 rooms. It has made a significant contribution to the state governments vision in the Burswood Peninsula. 1 Other New Hotels Perth s hotel market is likely to grow in the near future as new hotels enter the market. New hotel development includes the 24 room Ritz Carlton at Elizabeth Quay and the 362 room Westin Hotel. Prepared exclusively for Pindan 7
8 RESIDENTIAL PROPERTY MARKET House and unit price growth and sales activity was strongest leading up to the Global Financial Crisis (GFC). House prices increased from $16, in 2 to $462,5 in 27 (27% p.a) and apartment prices increased from $18, in 2 to $385, in 27 (37% p.a). While Perth apartment sales have moderated since the 213 post resources boom period, the median unit price has held up relatively well at $45, over 216. Perth is emerging from a cyclical trough and the underlying fundamentals of a resilient economy, pipeline of infrastructure investment and the next wave of resource sector investment is expected to bolster the residential market over the medium to longer term. Numerous factors will drive a strong increase in demand for apartments in Perth. Key drivers are summarised as follows: Affordability: Perth has seen rapid growth in house prices over the last decade. Apartments offer a relatively affordable market entry point alternative to houses. First home buyers can enter a suburb which may otherwise be beyond their budget and downsizers can remain close to their existing residence and trade down. Shifting Demographics: Perth s population has been growing at the fastest rate of any Australian capital city. An aging population, lower fertility rates, declining household sizes and prevalence of young overseas migrants are leading to an increase in demand for smaller dwellings. Low Land Availability: Few opportunities for new, single lot land subdivision, particularly in inner city areas are increasing market acceptance of higher density residential product. Apartment living offers proximity to a wide range of amenities. Government Policy: The Metropolitan Redevelopment Authority, City of Perth and WA Planning Commission all have central policy objectives striving for a greater variety in housing options and higher density development. RESIDENTIAL SALES CYCLE METROPOLITAN PERTH (2-216) Number of Sales Prepared by Urbis; Source: APM PriceFinder MEDIAN PRICE GROWTH HOUSES ACROSS METROPOLITAN PERTH (March 217) -.9% 1.8% 1.9% Change in median price (3 years) Apartment Sales Prepared by Urbis; Source: APM PriceFinder 1.7% ANNUAL CHANGE IN MEDIAN UNIT PRICE (1 years to March 217) Apartment Median Price Change in median price (5 years) House Median Price Annual change in median price (1 years) Median Price Prepared by Urbis; Source: APM PriceFinder Prepared exclusively for Pindan This study has been prepared for the sole use of Pindan and is not to be relied upon by any third party for the purposes of financial investment without specific approval. As the publication involves projections and assumptions it can be affected by a number of unforeseen variables. The forecasts and assumptions are a prediction and whilst Urbis has made every effect to ensure that the forecasts and assumptions are based on reasonable information, they may be affected by incorrect assumptions or by know or unknown risks and uncertainties. This publication is subject to copyright. Except as permitted under the Copyright Act 1968, no part of it may, in any form or by any means (electronic, mechanical, photocopying, recording or otherwise) be reproduced, stored in a retrievals system or transmitted without prior written permission. Enquires should be addressed to the publishers. PER428/P
OUTLOOK PERTH A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL A ECONOMIC GROWTH B LIVEABILITY C POPULATION GROWTH D DEMOGRAPHICS
OUTLOOK 2016 A ECONOMIC GROWTH Over the last decade, Western Australia has been Australia s strongest performing economy / Pg2 B LIVEABILITY Consistently ranked as one of the world s top ten most liveable
More informationPerth WESTERN AUSTRALIA. Prosperity Energy Opportunity
Perth WESTERN AUSTRALIA Prosperity Energy Opportunity 1 Feel the Energy Image: View of central Perth from South Perth Courtesy of Tourism Western Australia Perth is Western Australia s Capital City; a
More informationOUTLOOK EAST LEPPINGTON
OUTLOOK EAST LEPPINGTON A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Located within the rapidly expanding South West Growth Centre of Sydney, the East Leppington Precinct is well positioned
More informationMARKET OUTLOOK. 01 Walkability & Accessibility 02 Infrastructure & Employment 03 Demographics 04 Residential Analysis 06 Rental Analysis
MARKET OUTLOOK EAST LEPPINGTON Located within the rapidly expanding South West Growth Centre of Sydney, the East Leppington Precinct is well positioned to benefit from the region s strong infrastructure
More informationMARKET OUTLOOK. 01 Walkability & Accessibility 02 Infrastructure & Employment 03 Population & Demographics 04 Residential Market 05 Rental Market
MARKET OUTLOOK BRAYBROOK Close to the city in Melbourne s growing west, access to jobs, services and relative affordability are attracting new residents to Braybrook and driving price growth. 01 Walkability
More informationOUTLOOK WATERLOO. Waterloo is a growing residential market, boasting high amenity that is well located to a number of major employment centres.
OUTLOOK WATERLOO A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Waterloo is a growing residential market, boasting high amenity that is well located to a number of major employment centres.
More informationMARKET OUTLOOK. 02 Walkability & Accessibility 04 Infrastructure & Employment 05 Population & Demographics 06 Residential Analysis 07 Rental Analysis
MARKET OUTLOOK ROCHEDALE With easy access to the major arterial roads and public transport links, Rochedale s connectivity has positioned it as a major growth precinct for the future. 02 Walkability &
More informationASCOT SUBURB PROFILE
ASCOT SUBURB PROFILE CONTENTS SUBURB HIGHLIGHTS 2 3 4 4 5 5 ASCOT & SURROUNDS LOCATION & LIFESTYLE DEMOGRAPHICS EMPLOYMENT FUTURE INFRASTRUCTURE WA MARKET TRENDS ACCESSIBILITY ENTERTAINMENT & RECREATION
More informationOUTLOOK SILKSTONE SEPTEMBER 2016 A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL 1 POP 2 INF 3 EMP
OUTLOOK SILKSTONE A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Located within 2km of the Ipswich CBD and less than 40 minutes from Brisbane, Silkstone offers residents local access to education,
More informationGARDEN GROVE. 15 Bahrs Scrub Road, Bahrs Scrub
GARDEN GROVE E X C E E D E X P E C T A T I O N S 15 Bahrs Scrub Road, Bahrs Scrub EXCEED EXPECTATIONS Inspired by the captivating suburb of Bahrs Scrub, a location that is abundant in nature s beauty
More informationOUTLOOK STIRLING PRECINCT A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL
OUTLOOK STIRLING PRECINCT A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL The Stirling Precinct is serviced by major public transport infrastructure whilst being walking distance to the city
More informationOUTLOOK EAST PERTH A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL 1 POP 2 INF 3 EMP ACCESSIBILITY DEMOGRAPHICS INFRASTRUCTURE & EMPLOYMENT
OUTLOOK A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL s riverside amenity is a major drawcard for residents, visitors and workers. Highly accessible, the suburb is in close proximity to key
More informationOUTLOOK REDBANK PLAINS A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL
OUTLOOK REDBANK PLAINS A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Located within seven minutes of the Springfield CBD and 30 minutes of the Brisbane CBD, Redbank Plains proximity to major
More informationMOUNT GRAVATT KEY DRIVER OVERVIEW
MOUNT GRAVATT KEY DRIVER OVERVIEW PREPARED FOR OPALYN SEPTEMBER 2017 WALKABILITY & ACCESSIBILITY 12 19 11 08 20 07 Macgregor 16 PACIFIC MOTORWAY SOUTH EAST BUSWAY 23 01 21 LOGAN ROAD 22 Brisbane contains
More informationNORTH WEST GROWTH CENTRE
OUTLOOK NORTH WEST GROWTH CENTRE A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL The North West Growth Centre is an emerging residential market that is expected to benefit from strong infrastructure
More informationMARKET OUTLOOK. WATERLOO Waterloo is a growing residential market, boasting high amenity that is well located to a number of major employment centres.
MARKET OUTLOOK WATERLOO Waterloo is a growing residential market, boasting high amenity that is well located to a number of major employment centres. 01 Walkability & Accessibility 03 Infrastructure &
More informationExecutive summary. Project description. Project name. Project address. Apartment mix. Deposit required. Estimated construction commencement date
Investor Report Executive summary Project name Highline westmead Project address 158 164 Hawkesbury Road,, NSW 2145 Apartment mix Studio, 1, 2 and 3 bedroom apartments Deposit required 10% Deposit (cash
More informationWHY INVEST IN QUEENSLAND URBIS MARKET OUTLOOK
WHY INVEST IN QUEENSLAND URBIS MARKET OUTLOOK WHO IS URBIS? PERTH AUSTRALIA ADELAIDE BRISBANE GOLD COAST SYDNEY MELBOURNE Urbis is an integrated multi-disciplinary consulting firm with a unique and comprehensive
More informationLand area 1.73 million km 2 Queensland population (as at 31 December 2017) Brisbane population* (preliminary estimate as at 30 June 2017)
Queensland - 11 Queensland OVERVIEW Queensland is nearly five times the size of Japan, seven times the size of Great Britain, and two and a half times the size of Texas. Queensland is Australia s second
More informationIMPACT OF INTERNATIONAL EDUCATION IN WESTERN AUSTRALIA
IMPACT OF INTERNATIONAL EDUCATION IN WESTERN AUSTRALIA studyperth.com.au Produced - November 2017 GET TO KNOW StudyPerth is the first point of contact for anyone looking to study in Perth, Western Australia.
More informationLand area 1.73 million km 2 Queensland population (December 2015) Brisbane population* (June 2015)
Queensland - 18 Queensland OVERVIEW Queensland is nearly five times the size of Japan, seven times the size of Great Britain, and two and a half times the size of Texas. Queensland is Australia s second
More informationCOFFS HARBOUR MARKETSNAPSHOT
MARKETSNAPSHOT NEW SOUTH WALES The Mid North Coast region is ranked fourth in Australia for business confidence with its regional economy growing at a healthy 4.1% p.a. and produces an annual Gross Regional
More informationLand area 1.73 million km 2 Queensland population (as at December 2016) Brisbane population* (preliminary estimate as at 30 June 2016)
Queensland - 11 Queensland OVERVIEW Queensland is nearly five times the size of Japan, seven times the size of Great Britain, and two and a half times the size of Texas. Queensland is Australia s second
More informationOUTLOOK WEST END MARCH 2016 A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL 1 POP 2 INF 3 EMP
OUTLOOK A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL West End is perfectly positioned to benefit from the balance of inner-city living with commercial, retail and lifestyle amenity alongside
More informationURBIS RESIDENTIAL MARKET & ECONOMIC OUTLOOK HAMILTON
URBIS RESIDENTIAL MARKET & ECONOMIC OUTLOOK FEBRUARY 2015 WALKABILITY & ACCESSIBILITY Hamilton NEW FARM 4 OXFORD STREET GOLD COAST 40MIN PORT OF BRISBANE 15MIN 2 1 7 ROYAL QUEENSLAND GOLF CLUB 3MIN NORTHSHORE
More informationIN FOCUS NSW. Developing Western Sydney
IN FOCUS NSW Developing Western Sydney DEVELOPING WESTERN SYDNEY Introduction Western Sydney is one of the fastest growing regions in Australia. Traditionally infrastructure expenditure and development
More informationInvestor Briefings First-Half FY2016 Financial Results
Cedar Woods Properties Limited Investor Briefings First-Half FY2016 Financial Results 26 February 2016 Cedar Woods Presentation 2 Snapshot of Achievements in FY2016 Extensive portfolio of residential estates
More informationMISSING PIECES. PCEC Expansion DESTINATION PERTH. Developing Perth s Visitor Economy MAY Image courtesy Perth Convention & Exhibition Centre
MISSING PIECES PCEC Expansion MAY 2016 Image courtesy Perth Convention & Exhibition Centre DESTINATION PERTH Developing Perth s Visitor Economy DESTINATION PERTH Perth is in the midst of a once in a generation
More informationTOMORROW T H E C I T Y STARTS HERE
INVESTMENT BROCHURE 02 TOMORROW T H E C I T Y STARTS HERE Nova City offers a unique opportunity in the heart of Cairns a destination renowned for its natural beauty and tropical lifestyle. Perfectly
More informationTOMORROW T H E C I T Y STARTS HERE
INVESTMENT BROCHURE 02 03 TOMORROW T H E C I T Y STARTS HERE Nova City offers a unique opportunity in the heart of Cairns a destination renowned for its natural beauty and tropical lifestyle. Perfectly
More informationLocation Report. Coffs Harbour U Retire ( ) Retire with Property
Location Report Coffs Harbour Retire with Property 1300 U Retire (873 847) www.superannuationproperty.com Coffs Harbour Location Coffs Harbour is a regional town on the North Coast of New South Wales
More informationExpenditure Share of Visitors Visitor Expenditure expenditure nights per visitor
Table 23 Modelled domestic overnight visitor expenditure (a) in the top 20 regions ranked by expenditure, including airfares and long distance transport costs Year ended 31 March 2010 (a) (b) Expenditure
More informationAviation Performance in NSW
Aviation Performance in NSW 2015-16 November 2016 This report by Tourism Futures International for Destination New South Wales reviews the operating environment and aviation performance of Sydney and NSW
More informationGlobal Mega-trends Urbanisation a key driver of growth. Steve McCann Group CEO and Managing Director Lend Lease
Global Mega-trends Urbanisation a key driver of growth Steve McCann Group CEO and Managing Director Lend Lease 2 We operate in four regions across 12 countries LONDON Operating since 1991 NEW YORK Operating
More informationmarket-view Australian housing markets report Residential construction on the rise - higher and higher?
Australian housing markets report Residential construction on the rise - higher and higher? Dr Andrew Wilson Chief Economist Domain Group October 2016 Copyright 2016 Dr Andrew Wilson all rights reserved
More informationAviation Performance in NSW
Aviation Performance in NSW 2017-18 This report by Tourism Futures International for Destination New South Wales reviews the operating environment and aviation performance of Sydney and NSW over 2017 and
More informationCITY MELBOURNE MOST LIVEABLE. 5 years running GREATER SYDNEY GREATER MELBOURNE WORLD S WORLD S MOST LIVEABLE CITY POPULATION GROWTH EDUCATION
OUTLOOK A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL s apartment market comfortably outperformed the average for Greater Melbourne over the past decade, with strong growth in median apartment
More informationCLICK ABOVE TO CONTIUE
CLICK ABOVE TO CONTIUE ARTIST S IMPRESSION. INDICATIVE ONLY OUTLOOK BOTANY A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Botany is strategically located in proximity to the Sydney CBD and major
More informationWhy Invest in Australia?
Great Barrier Reef Northern Territory Queensland Western Australia South Australia Gold Coast New South Wales Victoria Australian Capital Territory Tasmania Australia is the biggest island in the world;
More informationInvestor Report. Connecting the best of both worlds
Investor Report Connecting the best of both worlds Executive summary Project & display address 1015 Pacific Highway, Roseville, NSW 2069 Project description Rose is a mixed-use development located within
More informationOUTLOOK. Varsity Lakes picturesque location surrounding Lake Orr offers a wealth of infrastructure and lifestyle amenity
OUTLOOK VARSITY LAKES A CONTEXT ON BUSINESS, CULTURE, LIFESTYLE AND RESIDENTIAL Varsity Lakes picturesque location surrounding Lake Orr offers a wealth of infrastructure and lifestyle amenity SEPTEMBER
More informationTOWN PLANNING SUBMISSION TO THE GREATER SYDNEY COMMISSION LANDS AT ARTARMON
TOWN PLANNING SUBMISSION TO THE GREATER SYDNEY COMMISSION LANDS AT ARTARMON March 2017 TABLE OF CONTENTS 1.0 INTRODUCTION 3 2.0 THE SUBJECT SITE 4 3.0 STRATEGIC PLANNING CONTEXT 6 4.0 SUMMARY AND CONCLUSIONS
More informationIMPACT HOMES Introducing The Meadows Estate 3
IMPACT HOMES Introducing The Meadows Estate 3 4 IMPACT HOMES Introducing The Meadows Estate INTRODUCTION The purpose of this guide is to introduce The Meadows, a residential community developed by Leda.
More informationSUBURBPROFILE POPULATION TO DOUBLE OV E RVIE W CITY OF WY ND H AM FORECAST POPULATION WYNDHAM CITY COUNCIL
TA R NI E T 1 SUBURBPROFILE The suburb is located within the boundaries of the City of Wyndham which is one of the fastest growing municipalities in Victoria and the third fastest in Australia. OV E RVIE
More informationEuroz Rottnest Investor Briefing
Cedar Woods Properties Limited Euroz Rottnest Investor Briefing 15 March 2016 Cedar Woods Presentation 2 Snapshot of Achievements in FY2016 Extensive portfolio of residential estates in Perth and WA regions,
More informationSTONES CORNER SUBURBPROFILE. Situated three kilometres from the Brisbane CBD, Stones Corner is located within one of Brisbane s key growth areas.
1 SUBURBPROFILE Situated three kilometres from the Brisbane CBD, Stones Corner is located within one of Brisbane s key growth areas. OVERVIEW Situated three kilometres from the Brisbane CBD, Stones Corner
More informationINVEST IN AUSTRALIA S WEST
INVEST IN AUSTRALIA S WEST THE EXTRAORDINARY STATE OF WESTERN AUSTRALIA Western Australia Capital city: Perth Population: 2.3 million Area: 2.5 million square kilometres (965 000 square miles) Coastline:
More informationA Conversation With Folkestone. November 2017
A Conversation With Folkestone November 2017 1 POPULATION GROWTH BY STATE Australian Population Growth by State: March 2017 Population (m) Growth in Year ( 000) % Change in Year VIC 6.3 149.4 2.4 ACT 0.4
More informationSuburb Profile 200,000 53,000 MARSDEN POPULATION GROWTH LOCATION POPULATION AND DEMOGRAPHICS TRANSPORT AND ACCESSIBILITY MARSDEN
A DIVISION OF Suburb Profile LOCATION The suburb of Marsden is located approximately 30 minutes from the CBD within the boundaries of the Logan City Council which is one of the largest and fastest growing
More informationA subsidiary of Metro Property Development SUBURB PROFILE LARA 7TH JUNE 2017
A subsidiary of Metro Property Development SUBURB PROFILE LARA 7TH JUNE 2017 OVERVIEW Lara is a suburb located in the Greater Geelong Area just 17kms from Geelong and 60kms to the Melbourne CBD. Lara is
More informationState of the States October 2017 State & territory economic performance report. Executive Summary
State of the States October 2017 State & territory economic performance report. Executive Summary NSW ON TOP; VICTORIA CLOSES IN How are Australia s states and territories performing? Each quarter CommSec
More informationAuthored by Cr Bob Manning Mayor
Queensland Treasury Corporation Investor Conference Presentation Authored by Cr Bob Manning Mayor Cairns Regional Council 1 Two and half years ago, I stood before the Public Hearing for the Joint Select
More informationBEACHSIDE ON THE PARK
Built better. BEACHSIDE ON THE PARK Due Diligence Project Report (07) 5370 1800 info@builtbetter.com.au builtbetter.com.au 1 builtbetter.com.au WELCOME TO BEACHSIDE Beachside on the park has been Constructed
More informationMISSING PIECES. The Perth Cable Car DESTINATION PERTH. Developing Perth s Visitor Economy APRIL 2016
MISSING PIECES The Perth Cable Car APRIL 2016 Perth Cable Car Artist Impression Commissioned by Tourism Council WA DESTINATION PERTH Developing Perth s Visitor Economy DESTINATION PERTH Perth is in the
More informationGladstone Market Overview
Gladstone Market Overview Gladstone is currently goging through a rapid phase of economic growth. There is $30 billion worth of engineering construction underway, with the resultant construction-related
More informationWEST VILLAGE IS A VISIONARY NEW GLOBAL NEIGHBOURHOOD, SET TO REDEFINE WEST END.
like nothing else WEST VILLAGE IS A VISIONARY NEW GLOBAL NEIGHBOURHOOD, SET TO REDEFINE WEST END. WITH NO OTHER PROJECT LIKE IT, THIS UNPRECEDENTED OPPORTUNITY WILL TRANSFORM BRISBANE. West Village is
More informationURBIS RESIDENTIAL MARKET & ECONOMIC OUTLOOK COORPAROO
URBIS RESIDENTIAL MARKET & ECONOMIC OUTLOOK INSIGHTS WALKABILITY AND ACCESSIBILITY Positioned within 4km of the Brisbane CBD, Coorparoo represents Brisbane s established gateway to the Eastern and Bayside
More informationAustralian Cities Accounts Estimates. December 2011
Australian Cities Accounts 2010-11 Estimates December 2011 This report has been prepared by: SGS Economics and Planning Pty Ltd ACN 007 437 729 Level 5 171 Latrobe Street MELBOURNE VIC 3000 P: + 61 3 8616
More informationProduced - August to international education in Western Australia
Produced - August 2018 to international education in Western Australia About StudyPerth is the first point of contact for anyone looking to study in Perth, Western Australia. Offering first rate information
More informationThe Melbourne CBD: What is driving centralisation?
November 2013 The Melbourne CBD: What is driving centralisation? Key Points Jones Lang LaSalle recorded a notable increase in the number of city Fringe 1 occupiers migrating to the Melbourne CBD over the
More informationAustralia and New Zealand
Strategy Management Consultancy Australia and New Zealand Regional Analysis knowledge center September update 2018 Contents Australia Australia Market Review 3 Macro indicators 4 Australia key statistics
More informationinvestment ProSPeCTuS 2016 SuMMary
investment ProSPeCTuS 2016 SuMMary 2 invest SuNShiNe CoaST - The future is here MeSSaGe from The Mayor MeSSaGe from The Mayor a CiTy region of opportunity The Sunshine Coast offers investors an unrivalled
More informationGRANT THORNTON BANKERS BOOT CAMP
GRANT THORNTON BANKERS BOOT CAMP Where are we in the cycle? Yield compression slowing, rents growing Yields bottoming but the bottom could last till 2020 The end of yield compression brings income return
More informationQueensland Tourism Aviation Blueprint to 2016
Queensland Tourism Aviation Blueprint to 2016 tq.com.au Blueprint outline The purpose of the Queensland Tourism Aviation Blueprint to 2016 is to develop the strategic framework that will guide aviation
More informationTOWNSVILLE NORTH QUEENSLAND IN FOCUS LIVEABLE THE LARGEST CITY IN NORTHERN AUSTRALIA
TOWNSVILLE NORTH QUEENSLAND IN FOCUS THE LARGEST CITY IN NORTHERN AUSTRALIA LIVEABLE 190,000 >40% Townsville is the largest city in Northern Australia with a population of approximately 190,000 and an
More informationEconomic Report. Tasmania December Savills Research. Tasmania - Key Economic Indicators. Highlights
Savills Research Economic Report Tasmania December 2018 Highlights Tasmania s economic growth for the current annual period has been notably above trend, with the strongest growth rate, on GSP numbers,
More informationGREATER SYDNEY SUPPLY & DEMAND. Tourism Accommodation Australia 31 May 2017
GREATER SYDNEY SUPPLY & DEMAND Tourism Accommodation Australia 31 May 2017 OVERVIEW 1 Trading Performance 4 Summary 2 Supply & Demand 5 Questions 3 Hotel Investment Market TRADING PERFORMANCE Sydney City
More informationWELCOME TO THE ECONOMIC SNAPSHOT, A LOOK AT THE CURRENT ECONOMIC ENVIRONMENT IN THE CITY OF WAGGA WAGGA.
ECONOMIC SNAPSHOT WELCOME TO THE ECONOMIC SNAPSHOT, A LOOK AT THE CURRENT ECONOMIC ENVIRONMENT IN THE CITY OF WAGGA WAGGA. Wagga Wagga is the largest retail, commercial, administrative and population centre
More informationAustralia s. The Northern Territory is experiencing solid growth in visitor numbers driven by a strong economy. Northern Territory
Australia s Northern Territory Australia s Northern Territory is a strategic market for tourism investment, with its well established reputation as an iconic tourism destination located on the doorstep
More informationDEXUS Property Group (ASX: DXS) ASX release
6 May 2013 DEXUS and DWPF to acquire strategic office investment in Perth DEXUS Property Group (DEXUS or DXS) and DEXUS Wholesale Property Fund (DWPF) today announced the joint acquisition of a strategic
More informationAssessing the long-term potential of Macquarie Park
Assessing the long-term potential of Macquarie Park March 2016 Summary The Macquarie Park office market acts as a business cluster for companies in the health, education and technology sectors. The cluster
More informationCANBERRA: AUSTRALIA S CAPITAL CITY
CANBERRA: AUSTRALIA S CAPITAL CITY Canberra is the place where brilliant possibilities come to life for your career, enterprise and lifestyle. This is a city designed to create opportunities and for forward
More informationPre-Budget Submission
sdrftsdfsdfsdfsdw Pre-Budget Submission For WA State Budget 2019 1 P age Budget Submission Highlights Tourism in Western Australia contributes $11.8 billion in Gross State Product and generates 103,900
More informationA TRIBECA AREA FACT FILE
03 A TRIBECA AREA FACT FILE SOUTH WEST MELBOURNE FOCUS AREA: TARNEIT AREA PROFILE AREA PROFILE: This report encompasses the South West Melbourne growth precinct of Wyndham. Specifically, the demographic
More informationQueensland Economic Update. Are there more pots of gold ahead?
Queensland Economic Update Are there more pots of gold ahead? Katie Dean Economist ANZ Bank 4 November 24 Australian economic growth has been strong and Queensland has been a star performer Economic growth
More informationChart 2. International Student Nights in NSW
International Student Visitors to NSW Year Ended March 2017 INTRODUCTION The International Education segment in Australia and NSW has had a resurgence and is growing. According to the Department of Education
More informationEconomic Contribution of Tourism to NSW
Economic Contribution of Tourism to NSW 2013-14 Tourism is a significant part of the NSW economy. In 2013-14, tourism contributed $34.9 billion (Tourism Consumption) to the NSW economy and employed 272,000
More information2017 Major Projects Pipeline Report Adrian Hart, Senior Manager Infrastructure & Mining
2017 Major Projects Pipeline Report Adrian Hart, Senior Manager Infrastructure & Mining Major Projects Pipeline Report - 2017 Presentation Outline Overview and key findings of the 2017 Pipeline Report
More informationFor personal use only
Cedar Woods Properties Limited Queensland Projects Tour Cedar Woods Presentation 2 Cedar Woods Charter Cedar Woods Purpose to create long term value for our shareholders through the disciplined acquisition,
More informationSunshine Coast: Kawana Health Campus. December 2013
Sunshine Coast: Kawana Health Campus December 2013 Kawana Health Campus Residential development at Birtinya* Overview The Kawana Health Campus will comprise state-of-the-art public and private hospital
More informationPINE RIVER - CABOOLTURE INCLUDING: GRIFFIN, KALLANGUR, MORAYFIELD & MANGO HILL/NORTH LAKES
PINE RIVER - CABOOLTURE INCLUDING: GRIFFIN, KALLANGUR, MORAFIELD & MANGO HILL/NORTH LAKES AREA SUMMAR The Pine River - Caboolture area is located in south-east Queensland, between 20 and 44 kilometres
More informationBUILDING INDUSTRY OUTLOOK 2018
BUILDING INDUSTRY OUTLOOK 2018 Welcome to the 2018 edition of Master Builders Building industry outlook, a snapshot of the state of Queensland s building and construction industry. Contents Foreword...3
More informationMELBOURNE S WEST TOURISM RESEARCH
MELBOURNE S WEST TOURISM RESEARCH COLLATION OF TOURISM RESEARCH AUSTRALIA DATA MAY 2017 WESTERN MELBOURNE TOURISM Urban Enterprise Urban Planning / Land Economics / Tourism Planning / Industry Software
More informationEconomic Contribution of Tourism to NSW
Economic Contribution of Tourism to NSW 2015-16 Tourism is a significant part of the NSW economy. In 2015-16, tourism contributed $38.1 billion (Tourism Consumption) to the NSW economy and employed 261,100
More informationChristopher Rex, Managing Director
Christopher Rex, Managing Director AGENDA FY2013 Year in Review Delivering on our Growth Strategy Development Update Outlook 2 3 RAMSAY HEALTH CARE 121 hospitals in five countries Circa 12,000 beds Employs
More informationWhat will a broad-based economic recovery mean for the Brisbane office leasing market?
2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 What will a broad-based economic recovery mean for the Brisbane office leasing market? December 216 Summary Introduction Vacancy in the Brisbane
More informationINTERIM REVIEW OF AUSTRALIAN CONSTRUCTION MARKET CONDITIONS JULY 2015
INTERIM REVIEW OF AUSTRALIAN CONSTRUCTION MARKET CONDITIONS JULY 2015 2 Review of Australian Construction Market Conditions July 2015 Trade bottlenecks continue in New South Wales, Victoria and Queensland
More informationDAVID SHELDON Chair Australian Regional Tourism Network (ARTN inc 2001)
Collaboration between the Local Government s & the Australian Regional Tourism Network (ARTN) Local Government Spend on Tourism DAVID SHELDON Chair Australian Regional Tourism Network (ARTN inc 2001) The
More informationAn Exclusive Investment Opportunity. Augusta Parkway, Augustine Heights, QLD. Located in Australia s Fastest Growing City
An Exclusive Investment Opportunity Augusta Parkway, Augustine Heights, QLD Located in Australia s Fastest Growing City 1 St Augustine s Catholic College (Prep - Year 12) 8 Orion Shopping Centre & Springfield
More informationThe Coalition s Policy
The Coalition s Policy Key Commitments Townsville is a city with immense potential. With a population of around 170,000, some 16,000 regional businesses, and regional product of over $11 billion, Townsville
More informationASAIHL Conference 2016, National Taiwan University, May Higher education and regional engagement: Taiwan and Southeast Asia Simon Marginson
ASAIHL Conference 2016, National Taiwan University, 18-19 May Higher education and regional engagement: Taiwan and Southeast Asia Simon Marginson ESRC/HEFCE Centre for Global Higher Education University
More informationThe Property Economics
Nambour The Property Economics Location Nambour is a sub-tropical hinterland in the Sunshine Coast region. It is 15 kilometres from the major Sunshine Coast education and employment hub of Sippy Downs.
More informationCommittee for Melbourne 2018 Election Priorities
Committee for Melbourne 2018 Election Priorities Vote for the future The Committee for Melbourne calls on the next Victorian Government to commit to bold, visionary policies to help sustain Melbourne s
More informationNOW LEASING FOOD AND BEVERAGE OPPORTUNITIES
NOW LEASING FOOD AND BEVERAGE OPPORTUNITIES Right in the heart of Perth s CBD, Yagan Square will be one of the city s most popular meeting and celebration places and a major tourist destination. At just
More informationINVESTING INTELLIGENTLY TOWARDS 2019/2020
INVESTING INTELLIGENTLY TOWARDS 2019/2020 CSIPROP INVESTMENT GUIDE MELBOURNE Melbourne Overall, Melbourne s residential markets have held up well in spite of lower investor demand resulting from tightened
More informationOutlook for air travel markets
Outlook for air travel markets June 2016 Brian Pearce Chief Economist International Air Transport Association Extended period of strong air travel market growth 30% 25% 20% 15% 10% 5% 0% -5% -10% -15%
More informationPERTH CITY SWAN PERTH AIRPORT CURTIN UNIVERSITY WESTFIELD CAROUSEL TANGNEY CITY OF CANNING JANDAKOT AIRPORT SWAN TANGNEY
THE CITY OF CANNING CITY OF CANNING PERTH CITY SWAN PERTH AIRPORT CURTIN UNIVERSITY WESTFIELD CAROUSEL TANGNEY CITY OF CANNING JANDAKOT AIRPORT SWAN TANGNEY UNTAPPED POTENTIAL The Canning City Centre,
More informationFor personal use only
3Q15 Stockland Update Implementing our Strategy Isles of Newport, Brisbane Agenda Topic Page Group Update 03 Commercial Property 05 Residential 09 Retirement Living 10 Summary and Outlook 11 2 Group Update
More informationSouth Australian Centre for Economic Studies June 2016 Economic Briefing Report 28 June, 2016
Steve Whetton, Executive Director, SA Centre for Economic Studies South Australian Centre for Economic Studies June 216 Economic Briefing Report 28 June, 216 Per cent Global GDP Growth 1 8 Developing Countries
More informationAustralia & New Zealand
Strategy Management Consultancy Australia & New Zealand Regional Analysis k n o w l e d g e c e n t e r 2017 linesight.com/knowledge Contents Australia Australia Market Review 3 Macro indicators 4 Australia
More information