Table of Contents. Overview 4. Acknowledgements 5. Summary 6. Belmont 15. Cardiff 20. Charlestown 25. Glendale 30. Morisset 35.

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Transcription:

Commercial Centre Study 2012

Disclaimer While every reasonable effort has been made to ensure that this document is correct at the time of publication, Lake Macquarie City Council, its agents and employees, disclaim any and all liability to any person in respect of anything or the consequences of anything done or omitted to be done in reliance upon the whole or any part of this document. 2

Table of Contents Overview 4 Acknowledgements 5 Summary 6 2012 Results Belmont 15 Cardiff 20 Charlestown 25 Glendale 30 Morisset 35 Mount Hutton 40 Swansea 45 Toronto 50 Warners Bay 55 Appendices Appendix A - Maps of commercial centres 60 3

Overview Lake Macquarie City has a strong economy, a diverse industry mix of over 12,000 businesses, and, with a population of nearly 200,000, provides a pool of highly skilled labour supporting innovative industry. A cosmopolitan and progressive city, Lake Macquarie retains a sense of community courtesy of nine thriving town centres, each with an individual character and focus. Lake Macquarie City is a unique regional city because it does not have a central business district. However, the Lower Hunter Regional Strategy has designated Charlestown as a regional centre, and Glendale/Cardiff and Morisset as emerging regional centres. Each year Lake Macquarie City Council s (LMCC) Economic Development Unit collaborates with the cities Town Centre Coordinators to collate raw data on each individual town centre. The data provides a snapshot of the major commercial retail areas in the city and an analysis of change between survey periods. The survey records employment classification, occupancy rates and business category for each centre and the city as a whole. LMCC first undertook a comprehensive survey of its town centres in 1997, collecting data on business mix, floor space and employment. This data was updated in 2002 and 2008, producing a report for each town centre, comparing data from the three surveys. Since 2009, Town Centre Coordinators have collected current business information, collating valuable annual data for each of the nine town centres. For this analysis, the 17 ANZSIC 1 industries are clustered into five major categories: those which grow, process, extract or manufacture goods. " Agriculture; Forestry and Fishing; Mining; Manufacturing; Construction. those providing services, such as moving or selling " goods, to industries that produce goods. " Transport; Storage; Wholesale Trade; Retail Trade. the highly skilled service industries. " Property and Business Services; Health and Community Services; Education, Finance and! Insurance; Communication Services. s those which cater directly to people s needs. " Personal and Other Services; Accommodation; Cafes and Restaurants; Cultural and! Recreation Services. " Government Administration and Defence; Electricity; Gas and Water Supply. Minor anomalies in the data sets are due primarily to changes in collection boundaries and methodology. However, the statistics remain a strong basis for analysis and planning. 1 Australia and New Zealand Standard Industry Classification 1993 (ABS) 4

Acknowledgements Lake Macquarie City Council appreciates the efforts of consultant, Michelle McGinty, assisting consultant, Holly Pascoe, and the Town Centre Coordinators in collating raw data for this project. Jenny Barrie, Belmont Town Centre Coordinator Jacinta Mackey, Cardiff Town Centre Coordinator Jenny Barrie, Charlestown Town Centre Coordinator Rosmairi Dawson, Southlake Town Centre Coordinator Larraine Russell, Swansea Town Centre Coordinator Keryl Fedrick, Toronto Town Centre Coordinator Rhonda Campbell, Warners Bay Town Centre Coordinator 5

Summary Lake Macquarie City town centres are predominantly an equal mix of Goods Related, Knowledge Based and. The town centres are largely retail focussed and, while affected by the tough trading conditions in 2012, they have remained competitive. After showing a lot of promise, 2012 was a disappointing year for retail. Retail sales growth was strong in the first half of the year but momentum tailed off in the second half, and many retailers continue to struggle in a highly competitive environment. (Deloitte Media Release February 2013) A three-year comparison of vacant business shows most town centres have maintained steady vacancy rates, with the exception of Mount Hutton and Cardiff, which have increases in vacancies. Likely causes for this increase are Mount Hutton s strong retail focus and new developments at Cardiff. Leasable floor space increased considerably in the city, largely due to the GPT expansion of Charlestown Square in 2011. In most centres, numbers of permanent employees increased slightly, while casual numbers decreased marginally. Anecdotal evidence points to owners working in their shops rather than employing casual staff as a cost saving measure. For Australian retailers, 2013 looks set to continue to be a challenging trading environment. (Deloitte Global Powers of Retailing 2013 Retail Beyond) Deloitte identify major drivers of the retail sector as: Weak consumer confidence Low interest rates that may be reduced further Increasing house prices A relatively weak labour market Increasing competition from overseas entrants into the Australian market Deloitte states that the retail industry is in the midst of a customer revolution. The collision of the virtual and physical world is fundamentally changing consumers purchasing behaviours. Consumers are seeking an integrated shopping experience across all channels, and expect retailers to deliver this experience. 6

Total Number of Businesses 2002-2012 Comparison (10-Year Comparison) Number of Businesses Belmont 224 285 Cardiff 128 134 Charlestown 424 612 Glendale 62 97 Morisset Mount Hutton Swansea 86 61 77 116 112 141 Toronto 245 225 Warners Bay 142 165 0 175 350 525 700 2002 2012 Over the past ten years, seven out of the nine town centres have an increase in numbers of businesses. The exceptions are Toronto, which has decreased from 245 businesses in 2002 to 225 businesses in 2012, and Swansea with a decrease from 116 businesses in 2012 to 112 businesses in 2012. Morisset has increased 64% from 86 businesses in 2002 to 141 business in 2012. Glendale has increased 56% from 62 businesses to 97 businesses in 2012. Charlestown has increased by 44% from 424 businesses in 2002 to 612 businesses in 2012. These figures include a major expansion of GPT s Charlestown Square in 2011. Belmont has increased 27% from 224 in 2002 to 285 in 2012. Mount Hutton has increased from 61 in 2002 to 77 in 2012, a growth of 26%. Warners Bay has increased 15% from 142 businesses to 163 businesses in 2012. Cardiff increased 5% from 128 in 2002 to 134 in 2012. 7

Number of Businesses Total Number of Businesses in 2012 per Category as a Percentage Belmont 32% 33% 32% 2% 1% Cardiff 33% 35% 29% 3% Charlestown 43% 33% 23% 1% Glendale 56% 17% 27% Morisset 36% 27% 32% 2% 3% Mount Hutton 58% 10% 32% Swansea 21% 29% 38% 9% 3% Toronto 26% 41% 27% 5% 1% Warners Bay 22% 41% 36% 1% 0% 25% 50% 75% 100% Government & Belmont, Cardiff and Morisset have a varied mix of business across the sectors. With the expansion of Charlestown Square, goods related and person based service industries dominate Charlestown. There is also a strong proportion of knowledge based service industries. Stockland Glendale and Mount Hutton as shopping centres, are primarily made up of goods related and person based service industries. Swansea and Toronto show a high proportion of government and essential services, reflecting their location within the city. Warners Bay has a high proportion of knowledge based and person based service industries. 8

Number of Vacant Businesses Total Percentage of Vacant Businesses in 2010, 2011 and 2012 (3-Year Comparison) 30% 25% 20% 15% 18% 22% 23% 17% 17% 15% 17% 12% 18% 10% 5% 0% 12% 18% 8% 10% 16% 17% 14% 5% 6% 10% 6% 10% 7% 8% 5% 4% 0% 0% Belmont Cardiff Charlestown Glendale Morisset Mount Hutton Swansea Toronto Warners Bay 2010 2011 2012 The number of vacant businesses across the town centres has remained fairly static over the three years. Significant increases can be seen in Cardiff, probably due to new developments, and Mount Hutton, which is predominantly retail. 9

Leasable Floor Space Leasable Floor Space 2002-2012 (10-Year Comparison) Belmont Cardiff Charlestown Glendale Morisset Mount Hutton Swansea Toronto Warners Bay 52,828 73,684 38,068 36,392 113,704 161,435 46,809 65,241 8,910 42,233 17,218 21,601 16,428 26,975 43,944 52,485 23,705 21,564 0 50,000 100,000 150,000 200,000 2002 2012 The majority of town centres have experienced positive growth in leasable floor space over the 2002-2012 study period. With the expansion of GPT s Charlestown Square development in 2011, the leasable floor space in Charlestown has increased by 42%. 10

Employment Figures Total Number of Permanent Employees 2011-2012 Comparison Belmont Cardiff Charlestown Glendale Morisset Mount Hutton Swansea Toronto Warners Bay 1054 941 747 770 2915 2692 477 535 335 350 218 252 386 386 1349 1331 680 752 0 750 1500 2250 3000 2011 2012 There has been an increase in number of permanent employees in more than half of the town centres over the past year. The growth in numbers of permanent staff was particularly in the areas of goods related service industries and knowledge based service industries. 11

Employment Figures Total Number of Permanent Employees in 2012 per Category as a Percentage Belmont Cardiff Charlestown 30% 56% 27% 55% 34% 27% 25% 14% 14% 7% 3% 4% 4% Glendale 75% 14% 11% Morisset 45% 33% 19% 2% 1% Mount Hutton 71% 11% 18% Swansea 39% 23% 20% 17% 1% Toronto 28% 56% 12% 4% Warners Bay 15% 43% 41% 1% 0% 25% 50% 75% 100% Government & There is a varied mix between goods related service industries and knowledge based service industries when it comes to permanent employment within the town centres. Person based services industries follows closely behind. A relatively small number of permanent employees are employed in government and essential services and goods producing industries. 12

Employment Figures Total Number of Casual Employees 2011-2012 Comparison Belmont Cardiff Charlestown Glendale Morisset Mount Hutton Swansea Toronto Warners Bay 1,049 1,042 321 264 2,326 2,878 1,145 1,110 406 432 595 498 490 488 790 810 889 882 0 750 1,500 2,250 3,000 2011 2012 The largest increase in casual staff was experienced by the town centre of Charlestown, predominately in the goods related service industries. The majority of other town centres remained fairly similar to the previous year s data. 13

Total Number of Casual Employees in 2012 per Category as a Percentage Employment Figures 8% Belmont 33% 7% 52% 2% Cardiff 52% 22% 24% 1% Charlestown 49% 20% 30% Glendale 64% 3% 33% 2% 2% Morisset 58% 12% 26% Mount Hutton Swansea Toronto 69% 34% 35% 15% 21% 2% 47% 41% 29% 3% 3% 1% Warners Bay 19% 14% 67% 0% 25% 50% 75% 100% Government & Goods related service industries dominate casual employment within the town centres, followed by person based service industries. A smaller number of people are employed casually in the knowledge based service industries. Very few casual employees are found in government and essential services and goods producing industries. 14

Commercial Centre: Belmont Belmont, the major service centre for more than 50,000 residents on the east side of the lake, offers a diverse range of retail, financial, government and professional services. Belmont has a strong sporting influence with golf, football, yachting and other water based activity playing a significant role in the economic wellbeing of the centre. Belmont provides three large clubs, including two based on the lake s edge, and is the base for the only public hospital within the city. KEY FACTS: Area population: 14,105 including Belmont, Belmont South and Belmont North (2011 Australian Bureau of Statistics). This is a growth of 883 from the 2006 Census. Central Business District: 251 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 73,684m 2. LOCAL COMMUNITIES: Belmont, Belmont North, Belmont South, Marks Point, Valentine and Croudace Bay. MAJOR BUSINESSES: Coles Woolworths Foodworks Lowes Aldi 15

NUMBER OF BUSINESSES Business Mix: Belmont There has been little change in the number of businesses in Belmont from 2011 to 2012. Belmont: Number of Businesses Vacant 96 100 114 103 88 75 80 40 44 88 77 74 81 83 28 40 67 66 75 80 82 5 3 2 2 5 4 4 0 6 1 1 8 6 2 12 31 43 55 56 39 34 181 224 315 304 306 285 285 16

LEASABLE FLOOR AREA Business Mix: Belmont There has been minimal changes in leasable floor area in Belmont. Vacant leasable floor area has decreased from 7650m 2 to 5045m 2. The total leasable floor area for Belmont has decreased from 77,884m 2 to 73,684m 2. This slight variation can be attributed to reclassification of some businesses which are now considered to be outside the commercial centre study area. Belmont: Leasable Floor Area (m 2 ) Vacant 21,072 2,1187 26,883 25,373 22,612 28,408 28,429 7,281 8,891 19,476 18,661 20,714 10,517 10,052 3,221 6,155 16,595 16,765 17,858 20,283 19,958 11,590 11,210 9,930 9,930 10,090 10,010 9,980 0 540 80 80 1196 1016 220 767 4845 2360 3705 4135 7650 5,045 42,131 52,828 75,324 74,574 76,616 77,884 73,684 17

PERMANENT EMPLOYMENT Business Mix: Belmont There has been a considerable decrease (11%) in numbers of permanent employees over the past 12 months. This reduction is primarily in the goods related service industries and is offset by an increase in casual employment in this sector. Belmont: Permanent Employees 358 248 294 461 386 359 287 252 239 362 361 345 317 320 82 94 272 203 229 257 231 18 8 12 14 22 64 65 0 6 1 1 79 57 38 710 595 941 1040 1061 1054 941 18

CASUAL EMPLOYMENT Business Mix: Belmont Despite the number of businesses remaining fairly consistent and the number of permanent employees dropping dramatically in Belmont, the number of casual employees has remained similar to 2012. The major change has been from the shift from casuals employed by person based industries to goods related casuals. Goods related service industries increased their number of casuals possibly offsetting their reduction in permanent employees. Belmont: Casual Employees 306 481 509 573 299 298 342 30 90 197 182 149 83 76 14 91 297 297 534 570 537 5 5 0 1 14 88 84 0 18 2 2 39 10 3 355 685 1005 1055 1035 1049 1042 19

Commercial Centre: Cardiff Cardiff, a significant employment area that supports approximately 15,000 jobs, is home to many leading manufacturers based at the Cardiff Industrial Park. Retail development in Cardiff town centre complements the existing business support and specialist medical services. Cardiff is conveniently located on the main northern rail link and is well-serviced by public transport. KEY FACTS: Area population: 10,022 including Cardiff, Cardiff Heights and Cardiff South. (2011 Australian Bureau of Statistics). This is down by 1,342 from the 2006 Census. Central Business District: 103 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 36,392m 2. LOCAL COMMUNITIES: Cardiff, Cardiff Heights, Cardiff South, Macquarie Hills, Rankin Park, Garden Suburb. MAJOR BUSINESSES: Hunter Imaging Pendlebury Day Hospital Woolworths Aldi Bi-Lo Adjacent to major industrial and employment zone. 20

NUMBER OF BUSINESSES Business Mix: Cardiff The total number of businesses in Cardiff has remained fairly consistent over the last 12 months. Vacant business premises have increased from 20 in 2011 to 31 in 2012. Cardiff: Number of Businesses Vacant 49 47 23 38 40 36 34 37 51 16 40 40 37 36 17 25 10 26 36 30 30 5 3 4 5 6 4 3 0 1 1 3 2 0 0 1 1 24 40 9 20 31 109 128 78 152 133 127 134 21

LEASABLE FLOOR AREA Business Mix: Cardiff Leasable floor area has increased slightly in 2012 from 35,524m 2 in 2011 to 36,392m 2 in 2012. Vacant leasable floor area has also increased over the year. Cardiff: Leasable Floor Area (m 2 ) Vacant 7,578 13,731 5,191 8,356 17,720 17,385 17,285 4,871 10,035 3,599 5,312 7,576 7,183 7,080 1,789 2,922 8,595 6,269 6,506 6,436 6,563 816 1,070 990 1,040 840 920 850 0 70 70 11,197 85 0 0 756 10,240 3,865 1,039 2,311 3,600 4,614 15,810 38,068 22,310 21,277 35,038 35,524 36,392 22

PERMANENT EMPLOYMENT Business Mix: Cardiff Permanent employment in Cardiff commercial centre has increased slightly by 3% in the past year. Cardiff: Permanent Employees 167 159 90 310 365 426 431 144 226 68 222 220 209 206 57 41 74 82 63 74 110 18 27 37 60 26 38 23 0 2 1 12 1 0 0 386 455 270 686 675 747 770 23

CASUAL EMPLOYMENT Business Mix: Cardiff Casual employment in the Cardiff commercial centre has decreased by 18% between 2011 and 2012. The major reduction is in the goods related service industries. Cardiff: Casual Employees 72 179 93 120 175 190 138 3 125 16 20 53 51 58 5 26 58 94 76 77 63 1 2 2 6 1 3 5 0 1 1 0 6 0 0 81 333 170 240 311 321 264 24

Commercial Centre: Charlestown Charlestown is a prominent major regional centre characterised by a significant concentration of commercial and retail business. Offering a diverse range of specialist health, community, government, financial and professional services, Charlestown is the base for GPT's Charlestown Square multi-level retail and entertainment complex, the largest within the Hunter. KEY FACTS: Area population: 12,411 (2011 Australian Bureau of Statistics). This is an increase of 686 from the 2006 Census. Central Business District: 510 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 161,435m 2. LOCAL COMMUNITIES: Charlestown, Redhead, Dudley, Kahibah, Whitebridge, Kotara South, Hillsborough. FEATURES: Major bus interchange Home to GPT Charlestown Square Within 10 minutes of the John Hunter Hospital and other private hospitals Located close to Gateshead Industrial Park, which offers major businesses such as Hunter Recycling, Tip Top Bakeries, Harvey Norman, the Business Growth Centre and various home improvement outlets Rapidly expanding business services and medical facilities. MAJOR BUSINESSES: Myer, Target, Coles, Woolworths, Big W, Apple and Rebel Sport St John Ambulance Regional Headquaters AAMI Insurance Centrelink Regional Office Department of Housing Charlestown Bowling Club Major Banks and Building Societies KOFM and NXFM Radio Stations Reading and Hoyts Cinema Complexes 25

Business Mix: Charlestown NUMBER OF BUSINESSES The total number of businesses in Charlestown has increased over the last 12 months, with the biggest change in the knowledge based service industries which increased by 27%. Vacant business premises have decreased slightly over the year. Charlestown: Number of Businesses Vacant 166 210 186 205 229 215 220 65 119 124 157 137 131 167 34 43 43 49 117 121 115 0 9 8 7 7 6 6 0 2 1 1 2 3 2 10 41 51 85 104 106 102 275 424 413 504 600 582 612 26

LEASABLE FLOOR AREA Business Mix: Charlestown Leasable floor area has increased slightly in 2012 from 158,846m 2 in 2011 to 161,435m 2 in 2012 with the knowledge based service industries increasing significantly. Vacant leasable floor area decreased by 4,438m 2 over the 12 months. Charlestown: Leasable Floor Area (m 2 ) Vacant 45,288 59,997 58,124 56,949 55,601 85,703 83,039 10,561 19,769 18,245 21,536 25,462 24,152 35,004 5,127 13,479 9,208 15,628 22,760 23,847 22,835 0 12,053 2,235 5,396 1,524 1,453 1,454 0 76 31 557 408 558 408 1,206 8,330 8,050 13,521 25,175 23,133 18,695 62,182 113,704 95,893 108,191 130,930 158,846 161,435 27

PERMANENT EMPLOYMENT Business Mix: Charlestown Permanent employment in Cardiff commercial centre has decreased by a total of 223 permanent employees over a 12 month period. Decreases are largest in the goods related service industries (12%) and person based service industries (28%), while knowledge based service industries have increased by 3%. The massive reduction in permanent employment within the goods producing industries may be due to completion of the Charlestown Square development in 2011. Charlestown: Permanent Employees 756 610 632 609 1,046 826 729 470 938 728 1,302 1,912 1,430 1,477 111 148 91 127 734 540 389 0 81 106 210 88 100 96 0 4 1 1 0 19 1 1,337 1,781 1,558 2,249 3,780 2,915 2,692 28

CASUAL EMPLOYMENT Business Mix: Charlestown Casual employees in the Charlestown commercial centre increased in 2012 by 24% or 552 casual employees. Biggest increases were in the goods related (25%) and person based (18%) service industries, possibly due to a decrease in permanent employees in these sectors. However knowledge based industries increased their casual and permanent employees, reflecting the large increase in numbers of businesses in this sector. Charlestown: Casual Employees 984 1,117 1,206 1,179 1,473 1,123 1,405 107 296 176 273 1,197 442 575 57 216 243 297 996 742 875 0 19 19 27 18 14 18 0 0 0 0 4 5 3 1,148 1,648 1,644 1,776 3,688 2,326 2,878 29

Commercial Centre: Glendale Glendale, the geographic heart of the Lower Hunter, combines industrial and commercial property with residential and recreational areas. It is home to Stockland Glendale, a cinema complex and the Hunter Sports Centre. Designated a future regional centre, stage one of the Lake Macquarie Transport Interchange has commenced at Glendale and Cardiff. KEY FACTS: Area population: 3,284 (2011 Australian Bureau of Statistics). This is a growth of 287 since the 2006 Census. Central Business District: 93 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 65,241m 2. LOCAL COMMUNITIES: Glendale, Argenton, Edgeworth, Cameron Park. FEATURES: A sub-regional retail centre, Stockland Glendale Regional athletics and sports centre of international standard, the Hunter Sports Centre Close to the F3 Freeway The Hunter Institute of Technology (TAFE), Glendale Technology High School MAJOR BUSINESSES: Woolworths, Target, Coles, Kmart, JB Hi-Fi, Trade Secret and Aldi Multiple fast food outlets Bunnings Hardware Store Event Cinemas 30

NUMBER OF BUSINESSES Business Mix: Glendale The number of businesses in Glendale has remained relatively consistent over the past 12 months. At the time of study there were 4 vacant premises in Glendale. Glendale: Number of Businesses Vacant 26 43 66 66 54 52 52 5 10 15 15 16 15 16 3 7 10 10 21 27 25 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 2 3 3 0 0 4 37 62 94 95 91 94 97 31

LEASABLE FLOOR AREA Business Mix: Glendale Leasable floor area in Glendale has slightly increased in 2012. This can be attributed to additional kiosk space being made available in centre courts. Vacant leasable floor area has increased from 0 in 2011 to 250m 2 in 2012. This is the first time since 2009 that Glendale has had vacant premises at the time of report. Glendale: Leasable Floor Area (m 2 ) Vacant 23,911 42,849 56,443 56,443 56,188 51,008 51,545 430 730 1,497 1,947 1,322 2,055 2,123 188 3,110 3,340 3,340 3,890 10,801 11,317 825 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 120 120 0 0 256 25,354 46,809 61,400 61,400 61,400 63,864 65,241 32

PERMANENT EMPLOYMENT Business Mix: Glendale Glendale commercial centre has experience a growth in permanent staff numbers of 12%. The largest increase is in the goods related service industries (25%), although the person based service industries reduced permanent employment by 27%. Glendale: Permanent Employees 869 224 444 444 414 320 399 9 40 73 73 58 67 74 9 26 27 27 66 84 62 2 0 0 0 0 0 0 0 0 0 0 0 0 0 889 290 544 544 538 477 535 33

CASUAL EMPLOYMENT Business Mix: Glendale Casual employment in the Glendale commercial centre has decreased slightly by 3%. The major change is in numbers employed in the goods related service industries, a fall of 5%, which is probably offset by a slight increase in permanent employment in this sector. Glendale: Casual Employees 32 991 867 889 677 753 715 0 17 23 23 19 23 26 3 154 170 170 372 369 369 3 0 0 0 0 0 0 0 6 0 0 0 0 0 38 1,162 1,060 1,082 1,068 1,145 1,110 34

Commercial Centre: Morisset Morisset is the major commercial, industrial and retail centre of southern Lake Macquarie. Designated as an emerging regional centre, Morisset provides a diverse range of health, government and professional services to a growing population. Conveniently located on the main northern rail link, Morisset is only 60 minutes by freeway to Sydney s northern suburbs. Nestled between the Watagan Ranges and the lake, its natural setting fosters unique opportunities for business investment, employment and lifestyle pursuits. KEY FACTS: Area population: 3,470 (2011 Australian Bureau of Statistics). This is down from 3,890, as recorded in the 2006 Census. Central Business District: 117 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 24,233m 2. LOCAL COMMUNITIES: Morisset, Morisset Park, Dora Creek, Cooranbong, Eraring, Martinsville, Morisset Peninsula, Madalong, Wyee Point, Watagans FEATURES: Several urban development projects being planned or underway Mixture of rural, lakeside and urban living Forty five minutes to Sydney s northern suburbs MAJOR BUSINESSES: Sanitarium Health Foods Coles, Woolworths, Country Target GP Super Clinic Bunnings Hardware 35

NUMBER OF BUSINESSES Business Mix: Morisset The total number of businesses in the Morisset commercial centre area has increased by 3% in a year. The greatest increase is in the person based service industries, an increase of 12%. The number of vacant premises has increased marginally in 2012. Morisset: Number of Businesses Vacant 34 37 41 45 43 44 43 24 33 31 38 36 32 32 9 16 13 19 32 33 37 0 0 0 0 2 1 2 2 0 0 1 4 4 3 1 0 11 15 20 23 24 70 86 96 118 137 137 141 36

LEASABLE FLOOR AREA Business Mix: Morisset Leasable floor area has increased very slightly across all sectors in 2012, with the exception of goods producing industries which showed a large 41% reduction in floor area. Morisset: Leasable Floor Area (m 2 ) Vacant 8,436 6,705 7,845 10,521 13,580 14,780 15,055 1,366 1,675 2,209 3,184 2,925 2,665 2,675 644 530 1,525 2,668 3,327 3,299 3486 0 0 0 0 810 760 930 70 6 0 120 270 298 178 100 0 967 1,000 1,726 1,846 1,909 10,616 8,910 12,346 17,493 22,548 23,638 24,233 37

PERMANENT EMPLOYMENT Business Mix: Morisset Permanent employees have increased in the Morisset commercial centre by 4% in 2012, mostly in the goods related service industries. Morisset: Permanent Employees 47 135 100 110 156 147 157 43 53 91 131 120 111 112 24 46 20 44 73 69 68 0 0 0 0 4 1 8 0 6 1 0 13 7 5 114 234 211 294 366 335 350 38

CASUAL EMPLOYMENT Business Mix: Morisset Morisset has increased its number of casual employees by 6% in 2012. While all classifications have experienced growth, the most significant increase was in the person based service industries, with a 21% increase over the year. Morisset: Casual Employees 23 125 158 132 254 249 252 6 35 44 86 63 54 55 28 40 67 56 97 91 110 0 0 0 0 4 3 5 1 0 0 0 3 9 10 43 164 238 274 421 406 432 39

Commercial Centre: Mount Hutton Mount Hutton has several aged care facilities and a shopping centre that serves the retail needs of surrounding communities. Lake Macquarie Fair, Mount Hutton s retail centre, includes two supermarkets and over 55 specialty stores. Residential development is on the rise in response to a growing and diverse population. KEY FACTS: Area population: 3,181 (2011 Australian Bureau of Statistics). This is a rise of 74 since the 2006 Census. Central Business District: 63 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 21,601m 2. LOCAL COMMUNITIES: Mount Hutton, Floraville, Jewells, Croudace Bay, Tingara Heights, Windale and Gateshead. FEATURES: Retail shopping centre Aldi development nearing completion Aged care facilities MAJOR BUSINESSES: Coles, Woolworths Woolworths Liquor Best and Less for Kids Lake Macquarie Private Hospital 40

Business Mix: Mount Hutton NUMBER OF BUSINESSES The total number of businesses in Mount Hutton has remained relatively consistent in 2012. There has however, been a significant increase (180%) of vacant businesses over the year. Mount Hutton: Number of Businesses Vacant 35 36 39 42 34 37 37 6 11 9 3 9 8 6 28 40 67 4 25 20 20 5 3 2 0 0 0 0 0 6 1 0 0 0 0 4 7 4 0 9 5 14 54 61 56 49 77 70 77 41

LEASABLE FLOOR AREA Business Mix: Mount Hutton Leasable floor area increased by 6% in 2012 with the largest increase being in vacant premises. Mount Hutton: Leasable Floor Area (m 2 ) Vacant 13,600 15,623 16,559 16,909 16,539 17,911 17,846 690 366 984 984 304 495 395 596 770 380 380 842 1634 1,734 34 0 0 0 0 0 0 0 0 0 0 0 0 0 209 460 350 0 669 395 1,626 15,129 17,219 18,273 18,273 18,354 20,435 21,601 42

PERMANENT EMPLOYMENT Business Mix: Mount Hutton Permanent employees have increased in the Mount Hutton commercial centre by 16%, with the greatest increase in the goods related service industries. Mount Hutton: Permanent Employees 115 109 286 293 274 150 178 15 24 38 38 13 23 27 28 40 67 10 19 45 47 5 0 0 0 0 0 0 0 0 0 0 0 0 0 156 149 334 341 306 218 252 43

CASUAL EMPLOYMENT Business Mix: Mount Hutton Casual employees in the Mount Hutton commercial centre have decreased by 16%, with the greatest reduction in the goods related service industries. Mount Hutton: Casual Employees 190 184 452 460 386 443 343 4 17 10 10 9 8 8 13 19 15 15 78 144 147 0 0 0 0 0 0 0 0 0 0 0 0 0 0 207 220 477 485 473 595 498 44

Commercial Centre: Swansea Swansea, the southern entrance to the city, boasts exceptional lakeside and beach living. With its unique coastal location, Swansea offers the opportunity for increased retail, commercial and tourism investment, to complement existing town centre services. The centre is predominately retail, but also provides a range of community, financial and health services to local residents. KEY FACTS: Area population: 5,541 including Swansea and Swansea Heads (2011 Australian Bureau of Statistics). The population has grown by 299 since the 2006 Census. Central Business District: 101 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 26,975m 2. LOCAL COMMUNITIES: Swansea, Swansea Heads, Blacksmiths, Nords Wharf, Caves Beach, Cams Wharf, Murrays Beach, Pinny Beach, Catherine Hill Bay FEATURES: The Swansea Centre, including the Visitor Information Centre and Library premises Major tourism destinations including Swansea Caravan Park, Blacksmiths Caravan Park, Caves Beachside Resort, Pelican Point Marina and Raffertys Resort MAJOR BUSINESSES: Coles, Woolworths Swansea RSL Swansea Hotel 45

NUMBER OF BUSINESSES Business Mix: Swansea There has been minimal changes in the number of businesses operating in the Swansea commercial centre area over the past 12 months. Vacant premises remains the same in 2012 with a total of 11 premises vacant. Swansea: Number of Businesses Vacant 60 58 31 34 28 21 21 25 25 26 31 29 28 29 13 13 13 35 34 37 39 6 0 2 4 8 9 9 0 0 0 0 0 3 3 16 21 24 24 9 11 11 120 116 96 118 108 109 112 46

LEASABLE FLOOR AREA Business Mix: Swansea Leasable floor area in Swansea has increased by 1% in the last 12 months. Vacant leasable floor space has decreased by 18% in 12 months. Swansea: Leasable Floor Area (m 2 ) Vacant 9,020 7,803 8,205 9,075 12,200 11,045 11,045 2,821 3,416 3,210 6,515 5,437 5,563 5,860 1,888 2,114 2,042 2,851 6,292 6,626 6,696 2,396 0 200 535 1,685 2,286 2,262 0 0 0 0 0 381 381 602 3,095 3,260 3,007 868 896 732 16,727 16,428 16,917 21,983 26,482 26,747 26,975 47

PERMANENT EMPLOYMENT Business Mix: Swansea Permanent employment in Swansea remained the same between 2011 and 2012. Swansea: Permanent Employees 118 109 96 112 169 149 149 82 63 62 163 110 88 88 18 15 19 56 85 76 79 6 0 25 52 75 67 67 0 0 0 0 0 6 3 224 187 202 383 439 386 386 48

CASUAL EMPLOYMENT Business Mix: Swansea The total number of casual employees in Swansea has remained almost the same from 2011, with a very minimal decrease of 2 employees. Swansea: Casual Employees 100 106 147 107 227 168 168 9 53 30 199 64 73 71 8 47 28 62 234 229 229 7 0 0 13 7 16 15 0 0 0 0 0 4 5 124 206 205 381 532 490 488 49

Commercial Centre: Toronto Toronto, with its enviable lakefront position, is the commercial, dining and retail hub of western Lake Macquarie. Just 10 minutes from the F3 Freeway, it is a perfect location for businesses servicing the Central Coast, Newcastle and wider Hunter region. Toronto has a large private hospital and associated specialist medical facilities, and a wide range of government, community, financial and professional services. KEY FACTS: Area population: 5,433 (2011 Australian Bureau of Statistics). The population has grown by 272 since the 2006 Census. Central Business District: 212 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 52,485m 2. LOCAL COMMUNITIES: Toronto, Kilaben Bay, Coal Point, Fishing Point, Rathmines, Wangi Wangi, Teralba, Booragul, Woodrising, Fennell Bay, Bolton Point, Fassifern, Blackalls Park FEATURES: Direct link to F3 Freeway XPT and Express train stop Toronto Private Hospital Jetty for Lake Macquarie Cruises Private Marina Facilties Centre for goverment services including a Court House, sub-regional Police Operations, RTA, Centrelink and the Department of Housing MAJOR BUSINESSES: Toronto Private Hospital Woolworths, Coles, Aldi Macquarie Retirement Services Anglicare Retirement Villages 50

NUMBER OF BUSINESSES Business Mix: Toronto There has been minimal changes in the number of businesses operating in the Toronto commercial centre over the past 12 months. Vacant premises have decreased by a significant 28% over the year. Toronto: Number of Businesses Vacant 77 82 70 69 66 57 55 87 93 78 82 78 84 85 47 36 35 44 60 55 58 7 8 5 5 11 11 11 0 1 1 4 2 3 3 8 25 28 25 11 18 13 226 245 217 229 231 228 225 51

LEASABLE FLOOR AREA Business Mix: Toronto Leasable floor area has increased only slightly, by 1%, over the past 12 months, while vacant leasable floor space has fallen significantly by 42%. Toronto: Leasable Floor Area (m 2 ) Vacant 21,477 16,649 17,235 17,891 18,179 17,414 17,359 12,923 5,370 11,166 13,968 13,903 15,578 16,019 11,693 17,130 14,881 11,181 12,666 11,260 11,813 1,503 1,765 4,965 4,912 5,832 6,157 6,157 0 30 30 265 190 290 290 629 3,000 3,390 3,297 1,797 1,450 847 48,225 43,944 51,667 52,514 52,567 52,149 52,485 52

PERMANENT EMPLOYMENT Business Mix: Toronto Toronto commercial centre has managed to remain fairly consistent in its permanent employment numbers of the past 12 months across all sectors. Toronto: Permanent Employees 252 254 282 471 364 374 368 339 229 416 503 506 750 740 138 130 96 206 254 163 161 57 17 30 44 64 57 57 0 1 1 4 2 5 5 786 631 825 1228 1190 1349 1,331 53

CASUAL EMPLOYMENT Business Mix: Toronto The total number of casual employees in Toronto has increased by 3%, most notably in person based service industries. Toronto: Casual Employees 460 410 440 342 300 283 283 179 222 162 308 118 161 167 36 104 142 210 519 314 334 13 1 0 7 16 29 28 0 1 1 7 3 3 3 688 738 745 874 956 790 810 54

Commercial Centre: Warners Bay Warners Bay is a popular northern lakeside suburb boasting superior housing, a private hospital and a strong retail and café sector. Community events and alfresco dining on the foreshore are complemented by performances at the Lake Macquarie Performing Arts Centre. The nearby Hillsborough Road homemaker and leisure precinct also houses financial and professional services and specialist manufacturing businesses. KEY FACTS: Area population: 7,457 (2011 Australian Bureau of Statistics). This is a growth of 448 since the 2006 Census. Central Business District: 157 operating businesses in 2012. Leasable Commercial Floor Space in 2012: 21,564m 2 in 2012. LOCAL COMMUNITIES: Warners Bay, Speers Point, Boolaroo, Eleebana, Lakelands FEATURES: Many alfresco dining restaurants Boutique retail Large private hospital Foreshore events Ice skating, ten pin bowling, gymnasium, children's fun park Lake Macquarie Performing Arts Centre MAJOR BUSINESSES: Home Maker Centre including Officeworks Coles Warners Bay Private Hospital Coal Services 55

NUMBER OF BUSINESSES Business Mix: Warners Bay The total number of businesses in Warners Bay has increased by 6% in 2012 while vacant premises decreased by 50%. Warners Bay: Number of Businesses Vacant 48 60 52 52 38 36 35 17 36 56 56 58 57 63 20 31 36 38 54 44 57 0 0 1 1 1 2 2 1 5 0 0 0 0 0 0 10 14 11 10 16 8 86 142 159 158 161 155 165 56

LEASABLE FLOOR AREA Business Mix: Warners Bay Leasable floor area in Warners Bay has increased slightly, by 3%, over the past 12 months. Vacant leasable floor area has decreased by a substantial 57% in 2012. Warners Bay: Leasable Floor Area (m 2 ) Vacant 6,276 10,688 8,963 9,161 7,768 7,553 7,473 2,502 4,077 5,032 5,533 4,933 4,913 5,253 3,767 5,751 4,960 5,285 7,333 7,110 8,256 522 0 40 40 40 65 65 1598 2145 0 0 0 0 0 0 1,044 1,269 597 535 1,207 517 14,665 23,705 20,384 20,616 20,668 20,848 21,564 57

PERMANENT EMPLOYMENT Business Mix: Warners Bay Warners Bay has seen significant 11% growth in permanent employment in 2012. The majority of this growth is in the knowledge based (17%) and goods related (24%) service industries. Warners Bay: Permanent Employees 111 194 148 198 131 89 110 94 103 185 319 293 280 327 34 62 82 78 275 302 305 6 0 2 6 6 9 10 0 40 0 0 0 0 0 245 399 417 601 705 680 752 58

CASUAL EMPLOYMENT Business Mix: Warners Bay Overall the total number of casual employees remained fairly static. Goods related service industries showed a marked fall in casual employment (down 24%) while person based service industries rose by 9%. Warners Bay: Casual Employees 60 241 204 296 202 216 165 16 66 58 74 87 128 125 18 89 138 146 526 544 591 8 0 0 1 1 1 1 0 1 0 0 0 0 0 102 397 400 507 816 889 882 59

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