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2008/09<br />

geelong: open for business<br />

<strong>economic</strong> <strong>indicators</strong><br />

bulletin 2008/09<br />

WWW.GEELONGAUSTRALIA.COM.AU


INSIDE<br />

Page<br />

S1 Regional Employment Indicators /06<br />

S2 Residential Property Market /08<br />

S3 Non-Residential Property Market /17<br />

S4 Population Growth /21<br />

S5 Business Pr<strong>of</strong>ile & Annual Production /29<br />

S6 Education & Training /36<br />

S7 Tourism & Major Events /42<br />

S8 Regional News & Events /44<br />

S9 Glossary & Business Services /49<br />

Please provide<br />

your feedback<br />

COMPLETE OUR SHORT<br />

ONLINE SURVEY BY<br />

CLICKING HERE<br />

<strong>Geelong</strong> fast facts<br />

Local Government Area<br />

Population<br />

2008<br />

Population growth 2008-2026<br />

Population<br />

2026<br />

Growth<br />

Rate (%pa)<br />

Source: Australian Bureau <strong>of</strong> Statistics, ‘Estimated Resident Population, June 2008’.<br />

Department <strong>of</strong> Sustainability & Environment, ‘Victoria in Future 2008’.<br />

Area<br />

(km 2 )<br />

<strong>Greater</strong> <strong>Geelong</strong> (C) 211,841 269,653 +1.4% 1,245<br />

Surf Coast (S) 24,442 34,781 +2.0% 1,553<br />

Queenscliffe (B) 3,256 3,349 +0.2% 9<br />

Golden Plains (S) 17,681 24,387 +1.8% 2,704<br />

Colac Otway (S) 21,448 23,116 +0.4% 3,433<br />

Total (Barwon Region) 278,668 355,287 +1.4% 8,944<br />

Victoria 5,313,823 6,711,190 +1.3% 227,590<br />

Industry<br />

No. <strong>of</strong><br />

Employees<br />

Major industry sectors<br />

% <strong>of</strong><br />

Workforce<br />

Annual<br />

Output ($m)<br />

Manufacturing 15,505 13.5% $11,456<br />

Retail Trade 14,887 13.0% $1,969<br />

Health Care & Social<br />

Services<br />

13,228 11.6% $1,280<br />

Construction 10,249 9.0% $2,393<br />

Education & Training 9,690 8.5% $975<br />

Accommodation<br />

7,562 6.6% $815<br />

& Food Services<br />

Ballarat<br />

Public Administration<br />

Bacchus<br />

6,363 5.6% $749 Marsh<br />

& Safety<br />

Source: ABS 2006 Census & REMPLAN (Regional Economic Modelling and Planning System).<br />

Labourforce (ABS 2006 Census)<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 91,930<br />

Barwon Region 121,586<br />

Unemployment (ABS 12 month average to June 2009)<br />

Barwon Western District 5.0%<br />

Victoria 5.1%<br />

Journey to Work (ABS 2006 Census) No. <strong>of</strong> Commuters<br />

Barwon Region to Melbourne 11,100<br />

Melbourne to Barwon Region 3,153<br />

Major Employers<br />

Employees (FTE)<br />

Barwon Health 3,479<br />

Department <strong>of</strong> Education 2,333<br />

Deakin University (Waurn Ponds & Waterfront) 1,399<br />

Ford Motor Company <strong>of</strong> Australia Ltd 1,374<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 1,357<br />

Avalon Airport (all activities) 1,275<br />

Safeway 1,183<br />

Catholic Education System 1,027<br />

Target Australia (head <strong>of</strong>fice & retail) 964<br />

Transport<br />

Melbourne<br />

Accident Commission (TAC) 763<br />

Airport<br />

Alcoa World Alumina Australia Ltd (Vic Operations) 714<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> FTE – Full Time Equivalent<br />

Werribee<br />

Bannockburn<br />

CORIO BAY<br />

Avalon<br />

Airport<br />

PORT PHILLIP BAY<br />

Portarlington<br />

gEELONg<br />

MELBOURNE<br />

St Leonards<br />

Colac<br />

Anglesea<br />

Ocean<br />

Grove<br />

Barwon<br />

Heads<br />

Torquay<br />

Pt Lonsdale<br />

Queenscliff<br />

VEHICULAR<br />

& PASSENGER FERRY<br />

Sorrento<br />

aUSTRaLIa<br />

Aireys Inlet<br />

BASS STRAIT<br />

Lorne<br />

VICTORIA<br />

/2<br />

TWELVE APOSTLES<br />

Princetown<br />

Apollo Bay<br />

<strong>Geelong</strong> is a place <strong>of</strong> exciting possibilities. With a positive attitude to investment...<br />

<strong>Geelong</strong> is OPEN FOR BUSINESS.


<strong>Geelong</strong>, Victoria, Australia<br />

<strong>Geelong</strong>, located 75km south west <strong>of</strong> Melbourne, is Victoria’s<br />

largest regional <strong>City</strong>. It is part <strong>of</strong> the Barwon Region, which<br />

is vital to the State and National economy with over 20,000<br />

businesses, a highly skilled workforce and comprehensive<br />

infrastructure and business support services.<br />

<strong>Geelong</strong>’s key growth sectors include: advanced manufacturing;<br />

health; education & research; tourism; information & communication<br />

technology (ICT); and food, horticulture & aquaculture.<br />

Economic Indicators Summary<br />

The Global Financial Crisis created uncertain and difficult<br />

circumstances for economies worldwide in 2008/09. As credit<br />

tightened and international trade declined, escaping the impact was<br />

a difficult task for any community.<br />

Overall the Barwon Region recorded mixed results in key <strong>economic</strong><br />

<strong>indicators</strong> for 2008/09. Some <strong>indicators</strong> experienced modest growth<br />

and although many declined, they were generally on the back <strong>of</strong><br />

record highs achieved the previous year.<br />

<strong>Geelong</strong>’s manufacturing sector experienced further restructuring<br />

during the year, however the continued diversification <strong>of</strong> the regional<br />

economy helped minimise the extent <strong>of</strong> the impact felt locally.<br />

<strong>Geelong</strong>’s resilience during one <strong>of</strong> the most challenging <strong>economic</strong><br />

periods on record, is testament to the robust nature <strong>of</strong> the local<br />

economy and ongoing confidence in the Region.<br />

> The Region experienced an upward movement in the<br />

unemployment rate compared to the record lows <strong>of</strong> 2007/08<br />

(reached 6.5% in June 09).<br />

> Total building activity fell from its peak <strong>of</strong> $1.1b in 2007/08<br />

to $960m in 2008/09 (a drop <strong>of</strong> 15.4%).<br />

> The value <strong>of</strong> new dwelling approvals dropped by 15.6% to<br />

$469m, whilst the value <strong>of</strong> home renovations increased by<br />

14.0% to $145m.<br />

> The value <strong>of</strong> non-residential building activity contracted by<br />

23.4% to $346m yet is still the second highest figure on record.<br />

> Expenditure on commercial, industrial and retail projects dropped<br />

by 38.5%, whilst expenditure on health and public buildings<br />

increased by 22.7%.<br />

> Most municipalities in the Region experienced modest rises in<br />

median house prices.<br />

> The population grew by 1.6% or 4,412 people to reach<br />

278,668 residents.<br />

> The population is expected to reach 355,278 people by 2026,<br />

an increase <strong>of</strong> 31.6%.<br />

> Gross Regional Product (GRP) increased to $11.4b in 2009,<br />

an increase <strong>of</strong> $900m since the 2008 estimate (basic prices<br />

without adjustment for CPI).<br />

regional highlights<br />

2008/09 summary<br />

> Trade through the <strong>Geelong</strong> Port slowed to 10.4m tonnes<br />

(imports dropped by 7.0% however exports grew by 2.7%).<br />

> The Region attracted 4.3m domestic daytrip visitors, up by<br />

11.9% on the previous year.<br />

Regional News Summary<br />

Continued investor interest in the Region combined with a large<br />

amount <strong>of</strong> public sector spending, also helped minimise the impact<br />

<strong>of</strong> the challenging global <strong>economic</strong> conditions.<br />

Following is a snapshot <strong>of</strong> some <strong>of</strong> the major project<br />

announcements during 2008/09:<br />

> The $380m <strong>Geelong</strong> Ring Road (from Corio to Waurn Ponds)<br />

<strong>of</strong>ficially opened. Construction started on the $125m Section 4a<br />

and planning commenced on the $45m section 4b.<br />

> The $200m redevelopment <strong>of</strong> Westfield <strong>Geelong</strong><br />

was completed.<br />

> The Transport Accident Commission (TAC) opened its $100m<br />

headquarters in <strong>Geelong</strong>.<br />

> The $100m WaterMarque apartment complex in <strong>Geelong</strong><br />

was approved.<br />

> Barwon Water started construction on a $76m bio-solids drying<br />

facility at Black Rock and the $70m Anglesea Borefield.<br />

> The $60m Edgewater residential/retail development along<br />

Waterfront <strong>Geelong</strong> was completed.<br />

> Plans were unveiled for a $50m expansion <strong>of</strong> the Waurn<br />

Ponds Shopping Centre.<br />

> Deakin University opened the $37m extension <strong>of</strong> its<br />

Waterfront campus.<br />

> Construction started on the $35m redevelopment <strong>of</strong><br />

Queenscliff Harbour.<br />

> Construction started on the $30m <strong>Geelong</strong> Private Medical<br />

Centre adjacent to <strong>Geelong</strong> Private Hospital.<br />

> The <strong>Geelong</strong> Football Club started work on the $28m<br />

refurbishment <strong>of</strong> Skilled Stadium.<br />

> Barwon Health’s $26m Emergency Department upgrade<br />

was completed.<br />

> The second-round <strong>of</strong> successful applicants for the <strong>Geelong</strong><br />

Innovation and Investment Fund (GIIF) were announced ($21m<br />

worth <strong>of</strong> investment and 326 jobs are expected to be created).<br />

> The rezoning <strong>of</strong> land for the Armstrong Creek Urban Growth<br />

Area was approved (expected to accommodate 54,000 people<br />

over the next 25 years).<br />

For updates on regional <strong>economic</strong> <strong>indicators</strong> beyond<br />

2008/09 visit: www.geelongaustralia.com.au/business<br />

/3<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - CITY OF GREATER GEELONG FAST FACTS & REGIONAL HIGHLIGHTS


key <strong>economic</strong> <strong>indicators</strong><br />

2008/09 summary<br />

For more regional <strong>economic</strong> <strong>indicators</strong> visit:<br />

www.geelongaustralia.com.au/business<br />

/4<br />

TABLE 1: Key Economic Indicators for the Barwon Region - Financial Year Summary 2008/2009<br />

Regional Indicator 2004/05 2005/06 2006/07 2007/08 2008/09<br />

EMPLOYMENT INDICATORS<br />

% Change<br />

2007/08 –<br />

2008/09<br />

Australian Bureau <strong>of</strong> Statistics (ABS)<br />

Barwon - Western District (June)<br />

Number Unemployed No. 12,000 9,900 7,700 7,700 13,200 -<br />

Unemployment Rate % 6.6 (1) 5.1 4.0 3.8 6.5 -<br />

Unemployment Rate (Victoria) % 5.1 4.8 4.4 4.4 5.9 -<br />

Department <strong>of</strong> Education, Employment and Workplace Relations (DEEWR)<br />

Unemployment Rate (%) - June Quarter<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 8.0 7.0 6.7 4.3 5.5 -<br />

Surf Coast Shire 4.3 3.8 3.6 2.2 3.1 -<br />

Borough <strong>of</strong> Queenscliffe 5.2 4.6 3.4 1.9 3.2 -<br />

Golden Plains Shire 5.2 4.3 3.9 2.3 3.6 -<br />

Colac Otway Shire 6.3 5.2 4.5 3.3 4.5 -<br />

Barwon Region 7.3 6.4 6.0 3.9 5.1 -<br />

Job Advertisements<br />

<strong>Geelong</strong> Advertiser<br />

Ave. Weekly Job Advertisements No. 198 216 220 243 169 -30.5%<br />

Seek Limited<br />

New monthly job advertisements No. - - - 548 484 -11.7%<br />

Centrelink (2)<br />

Unemployment Allowance (No.) - 7,214 6,617 6,569 8,312 +26.5%<br />

VALUE OF BUILDING ACTIVITY - BARWON REGION<br />

Residential<br />

New Dwellings $million $510.4 $446.3 $441.9 $556.3 $469.3 - 15.6%<br />

Other Residential Permits “ - - - $127.5 $145.4 +14.0%<br />

Total Residential $683.8 $614.7 -10.1%<br />

Non-Residential<br />

Commercial, Industrial & Retail “ $198.3 $152.5 $165.1 $339.5 $208.8 -38.5%<br />

Health & Public Buildings “ $82.5 $155.9 $145.6 $111.6 $136.9 +22.7%<br />

Total Non-Residential “ $280.8 $308.4 $310.7 $451.1 $345.7 -23.4%<br />

Total Building Activity “ $791.2 $754.7 $752.6 $1,134.9 $960.4 -15.4%<br />

NEW DWELLING APPROVALS<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> No. 1,608 1,394 1,117 1,611 1,291 -19.9%<br />

Surf Coast Shire “ 510 488 388 541 372 -31.2%<br />

Borough <strong>of</strong> Queenscliffe “ 22 37 58 66 49 -25.8%<br />

Golden Plains Shire “ 186 166 152 139 168 +20.9%<br />

Colac Otway Shire “ 160 125 148 148 185 +25.0%<br />

Total Barwon Region 2,486 2,210 1,863 2,505 2,065 -17.6%<br />

MEDIAN WEEKLY RENTAL VALUES (3 bedroom house - June Qtr)<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> $200 $210 $230 $250 $265 +6.0%<br />

Barwon Region $205 $210 $215 $240 $260 +8.3%<br />

Melbourne (Metropolitan) $230 $240 $260 $290 $320 +10.3%<br />

Victoria $210 $225 $245 $265 $295 +11.3%<br />

Sources: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>; Borough <strong>of</strong> Queenscliffe; Surf Coast Shire; Golden Plains Shire; Building Commission; Australian Bureau <strong>of</strong> Statistics: unpublished data on unemployment; Population by<br />

Age and Sex Catalogue No. 3235.0; Births Australia Catalogue No. 3301.0; Deaths Australia Catalogue No. 3302.0; and CPI Catalogue No. 6401.0; Department <strong>of</strong> Education, Employment and Workplace<br />

Relations, ‘Small Area Labour Markets Australia’; Department <strong>of</strong> Human Services, Office <strong>of</strong> Housing; <strong>Geelong</strong> Advertiser; Seek Limited; Centrelink; VicRoads; Department <strong>of</strong> Education and Early Childhood<br />

Development; Deakin University; Gordon Institute <strong>of</strong> TAFE; Skills Victoria; Department <strong>of</strong> Sustainability and Environment, Land Victoria; <strong>Geelong</strong> Port and GrainCorp Operations Ltd <strong>Geelong</strong>.


TABLE 1: Key Economic Indicators for the Barwon Region - Financial Year Summary 2008/2009 (continued)<br />

Regional Indicator 2004/05 2005/06 2006/07 2007/08 2008/09<br />

% Change<br />

2007/08 –<br />

2008/09<br />

MEDIAN HOUSE PRICES* (Valuer General) (% Change 07 - 08)<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> $252,000 $265,000 $277,250 $287,000 - +3.5%<br />

Surf Coast Shire $385,000 $398,000 $440,000 $471,500 - +7.2%<br />

Borough <strong>of</strong> Queenscliffe $470,000 $523,750 $500,000 $530,000 - +6.0%<br />

Golden Plains Shire $205,500 $205,000 $225,000 $220,000 - -2.2%<br />

Colac Otway Shire $195,000 $217,500 $235,000 $220,000 - -6.4%<br />

Melbourne (Metropolitan) $320,000 $347,000 $375,000 $388,088 - +3.5%<br />

Victoria $280,500 $300,000 $325,000 $335,000 - +3.1%<br />

ESTIMATED RESIDENT POPULATION (As at 30 June ABS) (% Change 07 - 08)<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 203,276 205,686 208,861 211,841 - +1.4%<br />

Surf Coast Shire 22,158 22,798 23,599 24,442 - +3.6%<br />

Borough <strong>of</strong> Queenscliffe 3,127 3,150 3,186 3,256 - +2.2%<br />

Golden Plains Shire 16,657 17,013 17,340 17,681 - +2.0%<br />

Colac Otway Shire 21,055 21,044 21,270 21,448 - +0.8%<br />

Barwon Region 266,273 269,691 274,256 278,668 - +1.6%<br />

DEMOGRAPHY (ABS)* (% Change 06 - 07)<br />

Births<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 2,368 2,331 2,591 - - +11.2%<br />

Surf Coast Shire 279 276 319 - - +15.6%<br />

Borough <strong>of</strong> Queenscliffe 22 18 14 - - -22.2%<br />

Golden Plains Shire 202 214 187 - - -12.6%<br />

Colac Otway Shire 244 251 234 - - -6.8%<br />

Barwon Region 3,115 3,090 3,345 - - +8.3%<br />

Deaths<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 1,696 1,602 1,709 - - +6.7%<br />

Surf Coast Shire 128 111 141 - - +27.0%<br />

Borough <strong>of</strong> Queenscliffe 55 41 44 - - +7.3%<br />

Golden Plains Shire 73 78 62 - - -20.5%<br />

Colac Otway Shire 188 160 184 - - +15.0%<br />

Barwon Region 2,140 1,992 2,140 - - +7.4%<br />

STUDENT ENROLMENTS*<br />

Barwon South Western Region (3)<br />

Primary School No. 29,818 29,394 29,203 28,936 28,132 -2.8%<br />

Primary/Secondary “ 11,019 11,179 11,221 9,935 10,987 +10.6%<br />

Secondary School “ 21,442 21,538 21,868 23,261 23,120 -0.6%<br />

Barwon Region<br />

Gordon Institute <strong>of</strong> TAFE “ 20,900 20,200 20,700 19,700 22,850 +16.0%<br />

Deakin University “ 13,739 13,282 13,350 13,301 13,214 -0.7%<br />

Traineeships & Apprenticeships (as at 31 Aug) “ 8,285 7,912 7,733 7,617 7,585 -0.4%<br />

NEW VEHICLE REGISTRATIONS (VicRoads)<br />

Passenger Vehicles No. 14,008 13,659 13,521 13,514 13,029 -3.6%<br />

Motor Cycles “ 935 976 1,276 1,518 1,443 -4.9%<br />

Light Commercial Trucks “ 2,627 2,744 2,419 2,771 2,763 -0.3%<br />

Total 17,570 17,379 17,216 17,803 17,235 -3.2%<br />

PORT OF GEELONG<br />

Imports million 7.4 7.0 7.3 7.1 6.6 -7.0%<br />

Exports “ 4.5 4.2 4.1 3.7 3.8 +2.7%<br />

Total Trade “ 11.9 11.2 11.4 10.8 10.4 -3.7%<br />

Vessels No. 546 560 494 613 619 +1.0%<br />

Consumer Price Index (4)<br />

% Change Australia 2.4 3.2 2.9 3.4 3.1 -<br />

(1) Due to an unusual monthly figure, July data has been used instead <strong>of</strong> June data. (2) Includes Newstart Allowance and Youth Allowance (other). Data revised from previously published figures due to more<br />

detailed information on allowance classifications. Data supplied is point in time data. (3) Data revised from previously published figures as data previously available for the Barwon Region is now only available<br />

for the broader Barwon South Western Region (whole <strong>of</strong> South West Victoria). Primary enrolments includes special schools. (4) Shows the percentage change on figures from the previous financial year for the<br />

weighted average <strong>of</strong> Australia’s eight capital cities. – Data not available. * Data refers to the calendar year, i.e. financial year 2008/2009 equates to calendar year 2009.<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - CITY OF GREATER GEELONG key <strong>economic</strong> <strong>indicators</strong>


S1<br />

regional employment<br />

<strong>indicators</strong><br />

in this section<br />

> Unemployment Rate - ABS<br />

> Job Advertisements - Barwon Region<br />

For updates on regional employment <strong>indicators</strong> visit:<br />

www.geelongaustralia.com.au/business<br />

2008/09 Regional employment summary<br />

Unemployment Rate<br />

Australian Bureau <strong>of</strong> Statistics - Barwon Western District<br />

The June 2009 unemployment rate for the Barwon-Western District<br />

was 6.5%, an increase <strong>of</strong> 2.7 percentage points when compared<br />

to June 2008 (see Table 1 below). This increase is in line with the<br />

national trend and indicative <strong>of</strong> the <strong>economic</strong> environment in the<br />

second half <strong>of</strong> 2008/09. Compared to the recession in the early<br />

90s when unemployment hit 14.0%, or even five years ago when it<br />

averaged 7.0%, the local labour market in 2008/09 has proven to<br />

be resilient during challenging global <strong>economic</strong> conditions.<br />

A twelve month average <strong>of</strong> the unemployment rate to June 2009<br />

shows the Barwon-Western District to be on par with Victoria and<br />

Australia (at 5.0%, 5.1% and 4.9% respectively).<br />

Department <strong>of</strong> Education, Employment and Workplace Relations<br />

(DEEWR) – Barwon Region<br />

According to DEEWR data, the unemployment rate in the Barwon<br />

Region reached 5.1% in the June 09 quarter - the same as the<br />

Victorian rate. Although the unemployment rate for the Barwon<br />

Region increased during the March 09 and June 09 quarters, when<br />

compared to the past five years it has remained at a relatively low<br />

level (see Graph 2 - page 7).<br />

Job Advertisements<br />

Demand for labour in the Barwon Region weakened during<br />

2008/09. An average <strong>of</strong> 169 jobs were advertised each week in<br />

the <strong>Geelong</strong> Advertiser during 2008/09, a decrease <strong>of</strong> 30.5% on<br />

the previous financial year - the first decrease in ten years (see<br />

Table 2 - page 7). This trend is also evident in online (Seek) job<br />

ads, which show an 11.7% decrease in job ad volume between<br />

2007/08 and 2008/09. The spike in <strong>Geelong</strong> Advertiser job ads<br />

in June 2006 was due to recruitment for a new call centre<br />

(see Graph 3 - page 7).<br />

Unemployment Allowances<br />

Centrelink data shows that the number <strong>of</strong> people requiring<br />

unemployment allowances in the Barwon Region increased by<br />

26.5% between 2007/08 and 2008/09 (from 6,569 people to<br />

8,312 people).<br />

DEEWR data is available at the Statistical Local Area<br />

geographic level.<br />

TABLE 1: Unemployment Rate – Australian Bureau <strong>of</strong> StatisticS<br />

Latest Month<br />

(June 2009)<br />

Same Month Last Year<br />

(June 2008)<br />

12 Month Average<br />

(to June 2009)<br />

5 Year Trend Line Analysis<br />

(Jun 04 – Jun 09)<br />

Barwon-Western District* Victoria Australia<br />

Unemployment<br />

Rate<br />

Change**<br />

Percentage Points<br />

Unemployment<br />

Rate<br />

Change**<br />

Percentage Points<br />

Unemployment<br />

Rate<br />

6.5%<br />

5.9%<br />

5.8%<br />

+2.7pts<br />

+1.5pts<br />

3.8% 4.4% 4.3%<br />

5.0% 5.1% 4.9%<br />

-3.3pts<br />

-1.2pts<br />

Change**<br />

Percentage Points<br />

+1.5pts<br />

Source: Australian Bureau <strong>of</strong> Statistics. * The Barwon-Western District refers to the whole <strong>of</strong> South-West Victoria.<br />

** Change in percentage points is based on differences between the latest month and earlier figures as specified.<br />

/6


GRAPH 1: Monthly Unemployment Rate<br />

(July 2004 – June 2009)<br />

Percentage (%)<br />

10.0<br />

9.0<br />

8.0<br />

7.0<br />

6.0<br />

5.0<br />

4.0<br />

3.0<br />

2.0<br />

1.0<br />

Barwon Western District<br />

Victoria<br />

0.0<br />

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J<br />

2004 2005 2006 2007 2008 2009<br />

Source: Australian Bureau <strong>of</strong> Statistics<br />

TABLE 2: Job Advertisements – Barwon Region<br />

GRAPH 3: Job advertisements, Barwon REgion (2004 – 2009)<br />

Number<br />

800<br />

700<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0.0<br />

01 Jul 04<br />

01 Sept 04<br />

01 Nov 04<br />

01 Jan 05<br />

01 Mar 05<br />

01 May 05<br />

01 Jul 05<br />

01 Sept 05<br />

01 Nov 05<br />

Ave. Weekly Job Ads (<strong>Geelong</strong> Advertiser)<br />

01 Jan 06<br />

01 Mar 06<br />

01 May 06<br />

Source: <strong>Geelong</strong> Advertiser ‘Career One’ Saturday Employment Section and Seek Limited<br />

(www.seek.com.au).<br />

01 Jul 06<br />

01 Sept 06<br />

01 Nov 06<br />

01 Jan 07<br />

01 Mar 07<br />

01 May 07<br />

01 Jul 07<br />

01 Sept 07<br />

01 Nov 07<br />

01 Jan 08<br />

New Monthly Job Ads (seek.com.au)<br />

01 Mar 08<br />

01 May 08<br />

01 Jul 08<br />

01 Sept 08<br />

01 Nov 08<br />

01 Jan 09<br />

01 Mar 09<br />

01 May 09<br />

GRAPH 2: Quarterly Unemployment Rate<br />

Department <strong>of</strong> Education, Employment and Workplace Relations<br />

(DEEWR)<br />

Percentage (%)<br />

10.0<br />

9.0<br />

8.0<br />

7.0<br />

6.0<br />

5.0<br />

4.0<br />

3.0<br />

2.0<br />

1.0<br />

0.0<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

Barwon Western District<br />

Victoria<br />

J<br />

M<br />

M S J<br />

D M J<br />

S D M J<br />

S D M J S D<br />

S D M J<br />

2004 2005 2006<br />

2007 2008 2009<br />

Quarter<br />

Source: Economic, Labour Market and Education Analysis Branch, Department <strong>of</strong> Education,<br />

Employment and Workplace Relations (DEEWR), Small Area Labour Markets Australia.<br />

Average Weekly<br />

Job Ads<br />

Latest Month (June 2009) 135<br />

<strong>Geelong</strong> Advertiser<br />

Percentage<br />

Change*<br />

New Monthly<br />

Job Ads<br />

Seek.com.au<br />

Percentage<br />

Change*<br />

Source: <strong>Geelong</strong> Advertiser ‘Career One’ Saturday Employment Section (includes vacancies for all paid full-time, part-time and casual paid positions in the Barwon Region. Advertisements with an unspecified<br />

number <strong>of</strong> vacancies are counted as one). Seek Limited www.seek.com.au (relates to monthly job ad volume for the area ‘<strong>Geelong</strong>’ as specified by the advertiser/employer)<br />

* Percentage change is based on differences between the latest month and earlier figures as specified.<br />

-34.5%<br />

Same Month Last Year (June 2008) 206 626<br />

YEARLY AVERAGES<br />

2008/2009 169<br />

-30.5%<br />

2007/2008 243 548<br />

2006/2007 220 -23.2% - -<br />

386<br />

484<br />

A twelve month average<br />

<strong>of</strong> the unemployment rate<br />

to June 2009 shows the<br />

Barwon-Western District to<br />

be on par with Victoria and<br />

Australia.<br />

-38.3%<br />

-11.7%<br />

/7<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 1 - REGIONAL EMPLOYMENT INDICATORS


S2<br />

rESIDENTIAL PROPERTY<br />

MARKET<br />

in this section<br />

> Residential Building Activity<br />

> Residential Property Sales &<br />

Median House/Rental Values<br />

> Map: New Dwelling Approvals with<br />

Median House and Rental Values<br />

RESIDENTIAL BUILDING ACTIVITY<br />

The value <strong>of</strong> total residential building activity in the Barwon Region<br />

in 2008/09 was $614.7m, a drop <strong>of</strong> 10.1% on the previous year.<br />

The value <strong>of</strong> new dwelling approvals decreased by 15.6%, whilst<br />

the value <strong>of</strong> all other residential approvals (extensions/alterations,<br />

demolitions etc.) increased by 14.0% (see Table 1 - page 9).<br />

Although the value <strong>of</strong> building activity dropped in 2008/09 it was<br />

still slightly higher than the figures for 2005/06 and 2006/07<br />

(see Graph 1 - page 9).<br />

New Dwelling Approvals<br />

A total <strong>of</strong> 2,065 new dwellings were approved in the Barwon Region<br />

during 2008/09, down 17.6% when compared to the previous year<br />

(see Graph 2 - page 9). The value <strong>of</strong> dwelling approvals reached<br />

$469.3m, 15.6% down on the previous year’s record high <strong>of</strong><br />

$556.3m.<br />

See Table 2 - page 10 for new dwelling data by suburb and<br />

township.<br />

The Region<br />

The Surf Coast Shire approved 372 new dwellings in 2008/09<br />

(31.2% down on the previous year), with the majority <strong>of</strong><br />

development occurring in Torquay (274 approvals).<br />

The Borough <strong>of</strong> Queenscliffe approved 49 new dwellings, down<br />

25.8% when compared to the previous year.<br />

Residential development in the Golden Plains Shire increased by<br />

20.9% on the previous year, with 168 approvals valued at $28.7m.<br />

The majority <strong>of</strong> approvals were issued in Bannockburn<br />

(68 approvals).<br />

The number <strong>of</strong> new dwellings approved in the Colac Otway Shire<br />

increased by 25.0% in 2008/09, reaching a five year high <strong>of</strong> 185<br />

approvals valued at $33.8m. The majority <strong>of</strong> approvals were issued<br />

in Colac (83 approvals).<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

There were 1,291 new dwellings approved in the <strong>City</strong> <strong>of</strong> <strong>Greater</strong><br />

<strong>Geelong</strong> during 2008/09, a decrease <strong>of</strong> 19.9% compared to the<br />

previous year.<br />

The majority <strong>of</strong> development occurred on the Bellarine Peninsula<br />

(456 new dwellings), mainly in the townships <strong>of</strong> Ocean Grove<br />

(147), Drysdale (74) and St Leonards (64). Significant development<br />

also occurred in the <strong>City</strong>’s southern suburbs (352 new dwellings),<br />

particularly in Highton (144), Grovedale (80) and<br />

Waurn Ponds (53).<br />

Another 193 new dwellings were approved in the <strong>City</strong>’s east - 109 <strong>of</strong><br />

them in Leopold. A total <strong>of</strong> 166 new dwellings were approved in the<br />

<strong>City</strong>’s north, with the highest number <strong>of</strong> approvals recorded in Lara<br />

(40) and Bell Park (32).<br />

Urban infill development accounted for another 112 new dwelling<br />

approvals, predominantly in Newtown (38 dwellings), <strong>Geelong</strong> <strong>City</strong><br />

(18) and <strong>Geelong</strong> West (18).<br />

See page 12 for the presentation <strong>of</strong> this data on a map.<br />

The majority <strong>of</strong> development<br />

occurred on the Bellarine<br />

Peninsula (456 new<br />

dwellings), mainly in the<br />

townships <strong>of</strong> Ocean Grove<br />

(147), Drysdale (74) and<br />

St Leonards (64).<br />

/8


TABLE 1: Total Residential Building Activity, Barwon Region<br />

Area<br />

CITY OF GREATER GEELONG<br />

2007/2008 2008/2009<br />

No. Value ($m) No. Value ($m)<br />

% Change<br />

in Value<br />

07/08 - 08/09<br />

New Dwelling Approvals (1) 1,611 $338.0 1,291 $288.9 -14.5%<br />

Other Residential Building Permits (2) 2,662 $90.5 2,327 $74.4 -17.8%<br />

Total 4,273 $428.5 3,618 $363.3 -15.2%<br />

SURF COAST SHIRE<br />

New Dwelling Approvals 541 $133.2 372 $96.3 -27.7%<br />

Other Residential Building Permits 353 $17.6 456 $44.8 154.5%<br />

Total 894 $150.8 828 $141.1 -6.4%<br />

BOROUGH OF QUEENSCLIFFE<br />

New Dwelling Approvals 66 $22.2 49 $21.6 -2.7%<br />

Other Residential Building Permits 73 $1.7 71 $4.6 170.6%<br />

Total 139 $23.9 120 $26.2 9.6%<br />

GOLDEN PLAINS SHIRE<br />

New Dwelling Approvals 139 $27.9 168 $28.7 2.9%<br />

Other Residential Building Permits 363 $6.5 295 $11.5 76.9%<br />

Total 502 $34.4 463 $40.2 16.9%<br />

COLAC OTWAY SHIRE<br />

New Dwelling Approvals 148 $34.9 185 $33.8 -3.2%<br />

Other Residential Building Permits 311 $11.2 240 $10.1 -9.8%<br />

Total 459 $46.1 425 $43.9 -4.8%<br />

BARWON REGION<br />

New Dwelling Approvals 2,505 $556.3 2,065 $469.3 -15.6%<br />

Other Residential Building Permits 3,762 $127.5 3,389 $145.4 14.0%<br />

Total 6,267 $683.8 5,454 $614.7 -10.1%<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the Building Commission. (1) Refers to the number <strong>of</strong> dwellings not the number <strong>of</strong> permits.<br />

(2) ‘Other Residential Building Permits’ includes all new buildings except dwellings (sheds/carports), demolitions, extensions/alterations etc.<br />

GRAPH 1: Total residential Building Activity -<br />

Barwon Region<br />

Number<br />

8000<br />

7000<br />

6000<br />

5000<br />

4000<br />

3000<br />

2000<br />

1000<br />

0<br />

No. <strong>of</strong> Residential Approvals<br />

2004/05 2005/06 2006/07 2007/08 2008/09<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the Building Commission.<br />

Value <strong>of</strong> Residential Approvals $m)<br />

1000<br />

900<br />

800<br />

700<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

Value ($m)<br />

GRAPH 2: Number and Value <strong>of</strong> New Dwelling Approvals -<br />

Barwon Region<br />

Number<br />

3000<br />

2500<br />

2000<br />

1500<br />

1000<br />

500<br />

0<br />

No. <strong>of</strong> New Dwellings<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the Building Commission.<br />

Value <strong>of</strong> New Dwellings ($m)<br />

2004/05 2005/06 2006/07 2007/08 2008/09<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

Value ($m)<br />

/9<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 2 - residential property market


S2<br />

rESIDENTIAL PROPERTY MARKET<br />

Area<br />

/10<br />

TABLE 2: New Residential Dwelling Approvals (as at 30 June 2009)<br />

CITY OF GREATER GEELONG<br />

New Dwelling<br />

Total<br />

2006 (1) 2006/2007<br />

Dwellings Approvals<br />

New Dwelling<br />

Approvals<br />

2007/2008<br />

New Dwelling<br />

Approvals<br />

2008/2009<br />

Value Dwelling<br />

Approvals<br />

2008/2009<br />

($’000)<br />

Estimated<br />

Dwellings as at<br />

30 June 2009<br />

Urban <strong>Geelong</strong><br />

Bell Park 2,066 33 54 32 $5,362 2,185<br />

Bell Post Hill 2,051 8 8 3 $607 2,070<br />

Belmont 6,294 17 86 41 $6,392 6,438<br />

Breakwater 500 0 2 20 $2,658 522<br />

Corio 5,893 67 57 26 $3,709 6,043<br />

Drumcondra 229 0 0 1 $370 230<br />

East <strong>Geelong</strong> 1,776 5 12 4 $600 1,797<br />

Fyansford 75 1 0 0 $0 76<br />

<strong>Geelong</strong> <strong>City</strong> 2,319 5 18 18 $5,146 2,360<br />

<strong>Geelong</strong> West 3,205 13 18 18 $2,943 3,254<br />

Grovedale 5,230 127 106 80 $14,407 5,543<br />

Hamlyn Heights 2,602 23 17 23 $4,375 2,665<br />

Herne Hill 1,687 6 15 12 $1,506 1,720<br />

Highton 5,936 99 151 144 $40,155 6,330<br />

Lara 4,473 46 57 40 $7,924 4,616<br />

Leopold 3,288 62 102 109 $20,917 3,561<br />

Lovely Banks 499 37 32 12 $3,940 580<br />

Manifold Heights 1,144 5 15 12 $3,412 1,176<br />

Marshall 608 10 16 19 $3,523 653<br />

Moolap 511 3 4 2 $321 520<br />

Mount Duneed 354 0 4 2 $545 360<br />

Newcomb 2,157 10 30 17 $1,654 2,214<br />

Newtown 4,150 23 53 38 $12,477 4,264<br />

Norlane 3,773 6 69 13 $1,726 3,861<br />

North <strong>Geelong</strong> 1,139 3 7 4 $789 1,153<br />

North Shore 160 5 4 13 $2,443 182<br />

Rippleside 173 2 2 2 $630 179<br />

St Albans Park 1,766 22 30 28 $5,712 1,846<br />

South <strong>Geelong</strong> 460 2 9 2 $521 473<br />

Thomson 840 2 8 5 $691 855<br />

Wandana Heights 610 15 12 13 $5,087 650<br />

Waurn Ponds 1,002 76 44 53 $11,342 1,175<br />

Whittington 1,717 16 24 17 $2,113 1,774<br />

Rural <strong>Geelong</strong><br />

Anakie 257 9 2 1 $295 269<br />

Balliang 87 1 2 1 $275 91<br />

Barwon Heads 1,825 33 83 40 $14,700 1,981<br />

Batesford 287 13 0 8 $2,934 308<br />

Breamlea 160 1 3 1 $349 165<br />

Clifton Springs 2,992 23 29 29 $5,706 3,073<br />

Connewarre 77 20 8 14 $6,866 119<br />

Curlewis 176 2 1 1 $320 180<br />

Drysdale 1,543 50 108 74 $14,151 1,775<br />

Indented Head 844 28 30 37 $7,659 939<br />

Little River 299 5 3 2 $695 309<br />

Marcus Hill 132 6 0 3 $1,480 141<br />

Ocean Grove 5,817 92 148 147 $36,234 6,204<br />

Portarlington 2,331 34 53 43 $10,381 2,461<br />

St Leonards 1,834 43 67 64 $12,057 2,008<br />

Wallington 433 8 8 3 $840 452


TABLE 2: New Residential Dwelling Approvals (as at 30 June 2009) - continued<br />

Area<br />

New Dwelling<br />

Total<br />

2006 (1) 2006/2007<br />

Dwellings Approvals<br />

New Dwelling<br />

Approvals<br />

2007/2008<br />

New Dwelling<br />

Approvals<br />

2008/2009<br />

Value Dwelling<br />

Approvals<br />

2008/2009<br />

($’000)<br />

Estimated<br />

Dwellings as at<br />

30 June 2009<br />

SURF COAST SHIRE<br />

Aireys Inlet 910 14 24 9 $3,611 957<br />

Anglesea 2,753 27 46 21 $4,638 2,847<br />

Bellbrae 548 1 9 3 $756 561<br />

Deans Marsh 445 5 5 5 $2,402 460<br />

Fairhaven 381 8 6 8 $2,857 403<br />

Freshwater Creek 214 0 1 1 $425 216<br />

Gherang 230 0 9 5 $466 244<br />

Gnarwarre 310 4 3 2 $811 319<br />

Jan Juc 1,686 21 34 15 $5,425 1,756<br />

Lorne 1,591 22 23 13 $2,195 1,649<br />

Moggs Creek 169 2 0 1 $242 172<br />

Moriac 193 11 4 3 $1,054 211<br />

Torquay 3,872 261 338 274 $70,450 4,745<br />

Winchelsea 815 12 33 12 $965 872<br />

Winchelsea South 123 0 6 0 $0 129<br />

BOROUGH OF QUEENSCLIFFE<br />

Point Lonsdale 2,205 32 39 31 $12,150 2,307<br />

Queenscliff 1,010 26 27 18 $9,406 1,081<br />

GOLDEN PLAINS SHIRE<br />

Bannockburn 846 55 58 68 $11,776 1,027<br />

Inverleigh 484 11 7 11 $2,015 513<br />

Lethbridge 310 11 9 9 $1,296 339<br />

Linton 455 2 3 1 $70 461<br />

Meredith 247 5 3 2 $576 257<br />

Napoleons 268 5 1 1 $180 275<br />

Smythesdale 218 2 3 2 $381 225<br />

Teesdale 504 16 11 20 $3,208 551<br />

Rural Golden Plains 2,737 45 44 54 $9,167 2,880<br />

COLAC OTWAY SHIRE<br />

Apollo Bay 1,729 23 12 29 $6,849 1,793<br />

Colac 4,045 30 58 83 $10,600 4,216<br />

Elliminyt 752 27 22 22 $4,553 823<br />

Marengo 223 4 3 4 $912 234<br />

Rural Colac Otway 3,993 64 53 47 $10,894 4,157<br />

LOCAL GOVERNMENT AREA TOTALS<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 88,005 1,117 1,611 1,291 $288,940 92,024<br />

Surf Coast Shire 14,479 388 541 372 $96,297 15,780<br />

Borough <strong>of</strong> Queenscliffe 2,640 58 66 49 $21,556 2,813<br />

Golden Plains Shire 6,181 152 139 168 $28,668 6,640<br />

Colac Otway Shire 10,742 148 148 185 $33,808 11,223<br />

TOTAL BARWON REGION 122,047 1,863 2,505 2,065 $469,269 128,480<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>, Building Commission and the Australian Bureau <strong>of</strong> Statistics, 2006 Census <strong>of</strong> Population & Housing.<br />

Municipal totals based on suburbs and townships are not possible, as in some instances they cross municipal boundaries.<br />

(1) Excludes non-private dwellings.<br />

/11<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 2 - residential property market


S2<br />

rESIDENTIAL PROPERTY MARKET<br />

New Dwelling Approvals with median<br />

house and rental values<br />

Hamlyn Heights<br />

$272,000 / $250<br />

Manifold Heights<br />

$384,000 / $255<br />

Herne Hill<br />

$250,000 / $230<br />

Bell Post Hill<br />

$247,000 / $260<br />

Bell Park<br />

$237,500 / $245<br />

North <strong>Geelong</strong><br />

$247,250 / $250<br />

<strong>Geelong</strong> West<br />

$320,000 / $280<br />

<strong>Geelong</strong><br />

$369,950 / $285<br />

BARWON<br />

REGION<br />

Colac<br />

$196,000 / $210<br />

Bannockburn<br />

$291,750 / $275<br />

Lorne<br />

$780,000 / $320<br />

REFER TO<br />

MAIN MAP<br />

<strong>Greater</strong><br />

G eelong<br />

Anglesea<br />

$455,000 / $270<br />

Torquay<br />

$490,000 / $335<br />

Newtown<br />

$400,000 / $300<br />

<strong>Geelong</strong> East<br />

$280,000 / $260<br />

Apollo Bay<br />

$360,000 / $245<br />

<strong>Geelong</strong> South<br />

$304,500 / $265<br />

Little River<br />

Anakie<br />

New Dwelling Approvals<br />

Lovely<br />

Banks<br />

Lara<br />

$283,000 / $275<br />

Point<br />

Wilson<br />

0 - 9<br />

10 - 19<br />

20 - 39<br />

40 - 59<br />

GOLDEN<br />

PLAINS<br />

SHIRE<br />

Moorabool<br />

Corio<br />

$177,500 / $215<br />

Avalon<br />

60+<br />

Locality<br />

$Median House Price /<br />

$Weekly Rental Values (3BR House)<br />

Fyansford<br />

CORIO<br />

BAY<br />

Belmont<br />

$265,000 / $265<br />

Newcomb<br />

$212,000 / $230<br />

Leopold<br />

$289,700 / $270<br />

Clifton Springs<br />

$264,500 / $270<br />

Portarlington<br />

$295,000 / $250<br />

Indented Head<br />

$300,000 / $240<br />

Highton<br />

$350,000 / $295<br />

Ceres<br />

Moolap<br />

Curlewis<br />

Drysdale<br />

$285,950 / $270 St Leonards<br />

$290,000 / $240<br />

Waurn Ponds<br />

$360,000 / $355<br />

Mount<br />

Duneed<br />

Grovedale<br />

$287,000 / $275<br />

Marshall<br />

Connewarre<br />

Barwon Heads<br />

$475,000 / $335<br />

Wallington<br />

Ocean Grove<br />

$395,000 / $295<br />

Marcus<br />

Hill<br />

Mannerim<br />

Swan Bay<br />

SURF COAST SHIRE<br />

Queenscliff<br />

$525,000 / $275<br />

Point Lonsdale<br />

$495,500 / $285<br />

/12<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>, the Building Commission, Department <strong>of</strong> Sustainability, and Environment, Department <strong>of</strong> Human Services and Regional Real Estate Agents.


RESIDENTIAL property SALEs & Median house/rental values<br />

Data from the Victorian Valuer General shows a decline in the<br />

number and value <strong>of</strong> residential property sales in the Barwon<br />

Region during 2008.<br />

The value <strong>of</strong> all residential sales in the Barwon Region decreased<br />

by 18.8%, from $2.8 billion in 2007 to an estimated $2.3 billion<br />

in 2008. Similarly, the number <strong>of</strong> sales decreased by 19.3%, from<br />

9,193 sales to an estimated 7,420 sales in 2008. This is in contrast<br />

to 2007 when the value <strong>of</strong> residential sales increased by 27.3% and<br />

the number <strong>of</strong> sales rose by 19.0%.<br />

Although there has been a decline in the value and number <strong>of</strong><br />

residential sales, the majority <strong>of</strong> municipalities did experience modest<br />

rises in median house, unit/apartment and house block prices.<br />

The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>’s median house price in 2008 was<br />

$287,000, compared to $388,088 for metropolitan Melbourne and<br />

$335,000 for Victoria.<br />

See Table 3 - below for a detailed breakdown <strong>of</strong> median prices by<br />

property type.<br />

Median House Prices<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

The median house price in the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> rose by 3.5%<br />

in 2008 to $287,000. This increase was higher than the median<br />

price movement for Victoria (3.1%) and Victorian regional cities<br />

(2.3%) and on par with metropolitan Melbourne (3.5%). For the<br />

past ten years house prices have continued to grow, with the <strong>City</strong> <strong>of</strong><br />

<strong>Greater</strong> <strong>Geelong</strong>’s median house price rising 181% (or 10.9% per<br />

annum), from $102,000 to $287,000 (see Graph 4 - page 15).<br />

Suburbs/townships with the highest median sale prices in 2008<br />

were Barwon Heads ($475,000), Wandana Heights ($470,375),<br />

Moolap ($422,500), Newtown ($400,000), Ocean Grove<br />

($395,000), Manifold Heights ($384,000) and <strong>Geelong</strong> <strong>City</strong><br />

($369,950).<br />

The five suburbs/townships with the highest median price increases<br />

between 2007 and 2008 were Manifold Heights (32%), Wandana<br />

Heights (22%), North Shore (16%), Hamlyn Heights (13%) and<br />

St Leonards (13%). The five suburbs/townships with the highest<br />

median price increases over the past ten years include Barwon<br />

Heads (15%pa), St Leonards (14%pa), Indented Head (14%pa),<br />

<strong>Geelong</strong> West (13%pa) and North Shore (13%pa).<br />

TABLE 3: Residential Property Sales & Price Statistics 2008<br />

Local Government Area<br />

No. <strong>of</strong><br />

Sales<br />

The Region<br />

The median house price in the Surf Coast Shire reached $471,500<br />

in 2008, an increase <strong>of</strong> 7.2% on the previous year or 12.9% per<br />

annum over the past ten years. The highest median prices were<br />

recorded in Lorne ($780,000), Fairhaven ($605,000) and Aireys<br />

Inlet ($537,000).<br />

Median prices rose 6.0% in the Borough <strong>of</strong> Queenscliffe reaching<br />

$530,000, an increase <strong>of</strong> 12.7% per annum over the past<br />

ten years.<br />

The median house price in the Golden Plains Shire dropped to<br />

$220,000 in 2008, a 2.2% decrease compared to the previous<br />

year. The highest median prices were recorded in Bannockburn<br />

($291,750) and Teesdale ($263,000).<br />

The Colac Otway Shire’s median house price also dropped to<br />

$220,000, a decrease <strong>of</strong> 6.4% on the previous year. The towns that<br />

attracted the highest median prices include Wye River ($461,500),<br />

Marengo ($442,500) and Apollo Bay ($360,000).<br />

See Table 4 - page 14 for median house prices by suburb<br />

and township.<br />

Median unit/apartment and house block prices by suburb<br />

and township are available in ‘A Guide to Property Values<br />

2008’ published by the Department <strong>of</strong> Sustainability and<br />

Environment.<br />

Median Rental VALUES<br />

The median weekly rent at the June 09 quarter was $260 in the<br />

Barwon Region, $320 for metropolitan Melbourne and $295<br />

for Victoria. The median rent increased by 8.3% in the Barwon<br />

Region between the June 08 and June 09 quarters.<br />

Across the Barwon Region the highest rental values for a three<br />

bedroom house were recorded in Wandana Heights ($405),<br />

Waurn Ponds ($355), Rippleside ($350), Barwon Heads ($335)<br />

and Torquay ($355). The lowest rental values were recorded in<br />

Norlane ($190), Colac ($210), Corio ($215), Breakwater ($220)<br />

and Newcomb ($230).<br />

See Table 5 - page 16 for rental data by selected suburbs and<br />

townships.<br />

House Unit/Apartment Vacant House Block Total Residential<br />

Median<br />

Price ($)<br />

Median<br />

Price %<br />

Change<br />

07-08<br />

No. <strong>of</strong><br />

Sales<br />

Median<br />

Price ($)<br />

Median<br />

Price %<br />

Change<br />

07-08<br />

No. <strong>of</strong><br />

Sales<br />

Median<br />

Price ($)<br />

Median<br />

Price %<br />

Change<br />

07-08<br />

No. <strong>of</strong><br />

Sales*<br />

Total sales<br />

($'000)<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 3,952 $287,000 3.5% 889 $240,000 4.8% 819 $147,000 4.8% 5,678 $1,648,876<br />

Surf Coast Shire 506 $471,500 7.2% 159 $480,000 21.5% 225 $210,000 2.4% 893 $418,186<br />

Borough Of Queenscliffe 70 $530,000 6.0% 16 $375,000 -1.1% 5 $300,000^ - 91 $51,854<br />

Golden Plains Shire 172 $220,000 -2.2% 3 $209,000^ - 103 $115,000 0.0% 282 $53,318<br />

Colac Otway Shire 329 $220,000 -6.4% 59 $250,000 -9.1% 83 $96,000 4.3% 476 $118,825<br />

Barwon Region 7,420 $2,291,058<br />

Melbourne $388,088 3.5% $346,000 4.2% $150,000 4.3%<br />

Country Victoria $235,000 1.7% $207,000 1.0% $100,000 1.0%<br />

Victoria $335,000 3.1% $327,000 2.8% $138,000 3.0%<br />

Source: LANDATA, Department <strong>of</strong> Sustainability and Environment, A Guide to Property Values 2008. ^ Less than 10 sales in analysis year<br />

* These figures are not the sum <strong>of</strong> the house, unit/apartment and house block sales - they include other unlisted categories.<br />

/13<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 2 - residential property market


S2<br />

rESIDENTIAL PROPERTY MARKET<br />

TABLE 4: Median House Prices, Barwon Region 2008<br />

Area<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

Median Price<br />

2006<br />

Median Price<br />

2007<br />

Median Price<br />

2008<br />

% Change<br />

2007-2008<br />

Growth % p.a.<br />

1998 - 2008<br />

Urban <strong>Geelong</strong><br />

Bell Park $232,000 $225,000 $237,500 6 10.7<br />

Bell Post Hill $230,000 $254,000 $247,000 -3 9.2<br />

Belmont $245,000 $262,000 $265,000 1 10.5<br />

Breakwater $178,500 $198,750 $210,000 6 10.7<br />

Corio $170,000 $175,000 $177,500 1 9.9<br />

<strong>Geelong</strong> East $248,000 $283,000 $280,000 -1 12.0<br />

<strong>Geelong</strong> <strong>City</strong> $320,000 $353,500 $369,950 5 10.1<br />

<strong>Geelong</strong> South $300,000 $282,500 $304,500 8 12.0<br />

<strong>Geelong</strong> West $265,000 $29,700 $320,000 8 13.6<br />

Grovedale $253,000 $267,250 $287,000 7 9.9<br />

Hamlyn Heights $229,500 $240,000 $272,000 13 11.2<br />

Herne Hill $223,250 $245,000 $250,000 2 10.5<br />

Highton $340,000 $342,000 $350,000 2 10.0<br />

Lara $270,000 $275,000 $283,000 3 9.1<br />

Leopold $267,000 $280,000 $289,700 3 9.6<br />

Lovely Banks $299,250 $327,500 $355,000 8 10.7<br />

Manifold Heights $316,000 $291,250 $384,000 32 12.1<br />

Marshall $255,000 $270,500 $286,000 6 9.8<br />

Moolap ^$205,000 $377,500 $422,500 12 10.8<br />

Newcomb $191,500 $215,000 $212,000 -1 10.7<br />

Newtown $357,000 $405,000 $400,000 -1 11.3<br />

Norlane $140,000 $148,000 $153,000 3 9.8<br />

North <strong>Geelong</strong> $225,500 $242,500 $247,250 2 11.6<br />

North Shore $243,300 $215,000 $250,000 16 13.6<br />

Rippleside ^$346,000 - - - -<br />

St Albans Park $237,000 $256,500 $249,000 -3 N/A<br />

Thomson $175,000 $187,000 $192,000 3 N/A<br />

Wandana Heights $420,000 $386,000 $470,375 22 8.7<br />

Waurn Ponds $329,000 $355,000 $360,000 1 11.2<br />

Whittington $200,000 $212,500 $210,000 -1 8.7<br />

Rural <strong>Geelong</strong><br />

Barwon Heads $420,000 $447,000 $475,000 6 15.1<br />

Clifton Springs $250,000 $255,000 $264,500 4 10.8<br />

Drysdale $278,000 $290,500 $285,950 -2 6.4<br />

Indented Head $300,000 $298,000 $300,000 1 14.1<br />

Ocean Grove $325,000 $356,300 $395,000 11 12.8<br />

Portarlington $289,000 $292,000 $295,000 1 11.7<br />

St Leonards $270,000 $257,000 $290,000 13 14.2<br />

Wallington $525,000 - - - -<br />

Total <strong>City</strong> $265,000 $277,250 $287,000 3.5 10.9<br />

/14


TABLE 4: Median House Prices, Barwon Region 2008 (continued)<br />

Area<br />

Source: LANDATA®, Land Victoria, Department <strong>of</strong> Sustainability & Environment, A Guide to Property Values 2008. N/A = Not Available - Insufficient sales during analysis year.<br />

^ Less than 10 sales in the year. Some figures differ from previously published data as LANDATA revises median prices every year.<br />

GRAPH 4: Median House Prices by Local Government Area<br />

Median Price ($)<br />

550,000<br />

500,000<br />

450,000<br />

400,000<br />

350,000<br />

300,000<br />

250,000<br />

200,000<br />

150,000<br />

100,000<br />

50,000<br />

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

Golden Plains Shire<br />

Median Price<br />

2006<br />

Surf Coast Shire<br />

Colac Otway Shire<br />

Source: LANDATA®, Land Victoria, Department <strong>of</strong> Sustainability & Environment,<br />

A Guide to Property Values 2008.<br />

Median Price<br />

2007<br />

Borough <strong>of</strong> Queenscliffe<br />

Median Price<br />

2008<br />

% Change<br />

2007-2008<br />

Growth % p.a.<br />

1998 - 2008<br />

Surf Coast Shire<br />

Aireys Inlet $440,000 $445,000 $537,000 21 15.2<br />

Anglesea $415,000 $446,500 $455,000 2 13.4<br />

Fairhaven $635,000 $635,000 $605,000 -5 11.4<br />

Jan Juc $356,500 $430,000 $486,500 13 14.3<br />

Lorne $695,000 $750,000 $780,000 4 11.9<br />

Moriac $285,000 $356,500 $380,000 7 12.2<br />

Torquay $380,000 $435,000 $490,000 13 13.8<br />

Winchelsea $210,000 $177,500 $201,000 13 10.1<br />

Total Shire $398,000 $440,000 $471,500 7.2 12.9<br />

Borough <strong>of</strong> Queenscliffe<br />

Pt Lonsdale $462,000 $480,000 $495,500 3 12.6<br />

Queenscliff $530,000 $615,500 $525,000 -15 11.1<br />

Total Borough $523,750 $500,000 $530,000 6.0 12.7<br />

Golden Plains Shire<br />

Bannockburn $295,750 $272,000 $291,750 7 8.8<br />

Enfield $183,250 $210,000 $195,000^ -7 15.8<br />

Haddon $239,000 ^$280,000 - - -<br />

Inverleigh $200,000 $247,500 $230,000 -7 7.2<br />

Linton $175,000 $136,500 $188,000^ 38 10.6<br />

Meredith $174,000 $180,000 $217,555^ 21 13.3<br />

Scarsdale $150,000 $208,500 - - -<br />

Smythesdale $185,000 $210,000 $187,000 -11 7.1<br />

Teesdale $270,000 $267,500 $263,000 -2 7.7<br />

Total Shire $205,000 $225,000 $220,000 -2.2 7.2<br />

Colac Otway Shire<br />

Apollo Bay $360,000 $417,500 $360,000 -14 12.1<br />

Birregurra $181,000 $209,000 $246,500 18 13.4<br />

Colac $190,000 $202,000 $196,000 -3 9.7<br />

Elliminyt $218,000 $232,000 $286,200 23 12.9<br />

Marengo $525,000^ $459,000 $442,500^ -4 10.7<br />

Skenes Creek North $426,666 $325,000 $360,000^ 11 14.7<br />

Wye River $400,000 $450,000 $461,500 3 14.0<br />

Total Shire $217,500 $235,000 $220,000 -6.4 9.7<br />

/15<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 2 - residential property market


S2<br />

rESIDENTIAL PROPERTY MARKET<br />

/16<br />

TABLE 5: Median Weekly Rental Values, Barwon Region 2009<br />

Selected Areas<br />

CITY OF GREATER GEELONG<br />

1 Bed Unit/<br />

Apartment<br />

Median Weekly Rent ($)<br />

2 Bed Unit/<br />

Apartment<br />

2 Bed<br />

House<br />

Urban <strong>Geelong</strong><br />

Bell Park 130 200 205 245<br />

Bell Post Hill 160 180 220 260<br />

Belmont 140 210 250 265<br />

Breakwater - 160 160 220<br />

Corio 135 180 185 215<br />

Drumcondra 155 250 - -<br />

<strong>Geelong</strong> <strong>City</strong> 190 250 280 285<br />

<strong>Geelong</strong> East 135 225 240 260<br />

<strong>Geelong</strong> South 165 230 165 265<br />

<strong>Geelong</strong> West 145 220 270 280<br />

Grovedale 275 225 250 275<br />

Hamlyn Heights 135 175 190 250<br />

Herne Hill 145 170 190 230<br />

Highton 135 225 250 295<br />

Lara 130 210 225 275<br />

Leopold 150 210 245 270<br />

Lovely Banks 160 180 220 280<br />

Manifold Heights 130 195 255 255<br />

Newcomb 120 185 205 230<br />

Newtown 145 215 275 300<br />

Norlane 110 165 175 190<br />

North <strong>Geelong</strong> 105 175 180 250<br />

Rippleside - 240 350 350<br />

Wandana Heights - 270 - 405<br />

Waurn Ponds - 265 - 355<br />

Whittington 135 175 - 240<br />

Rural <strong>Geelong</strong><br />

Barwon Heads - 260 280 335<br />

Clifton Springs 195 220 230 270<br />

Drysdale 195 220 230 270<br />

Indented Head 115 165 180 240<br />

Ocean Grove 175 225 245 295<br />

Portarlington 130 190 210 250<br />

St Leonards 125 180 200 240<br />

SURF COAST SHIRE<br />

Anglesea - - 280 270<br />

Jan Juc 160 230 270 320<br />

Lorne - 260 - 320<br />

Torquay 170 225 265 335<br />

BOROUGH OF QUEENSCLIFFE<br />

Point Lonsdale 180 230 240 285<br />

Queenscliff 190 - 215 275<br />

GOLDEN PLAINS SHIRE<br />

Bannockburn - 205 - 275<br />

COLAC OTWAY SHIRE<br />

Apollo Bay 135 200 200 245<br />

Colac 150 175 185 210<br />

3 Bed<br />

House<br />

Source: Department <strong>of</strong> Human Services, Office <strong>of</strong> Housing, ‘Rental Report 2008/2009’ and regional real estate agents. - Data not available


S3<br />

Non-Residential<br />

Property Market<br />

Non-Residential Building Activity<br />

The value <strong>of</strong> non-residential building activity contracted to<br />

$345.7m in 2008/09, a decrease <strong>of</strong> 23.4% on the unprecedented<br />

$451.1m in 2007/08 (see Table 1 and Graph 1 - below).<br />

Although the value <strong>of</strong> building activity declined in 2008/09 it is<br />

still the second highest figure on record and 11.3% higher than<br />

the figure for 2006/2007.<br />

Building Activity by Building Type<br />

Public buildings accounted for $102.1m <strong>of</strong> non-residential<br />

construction in 2008/09, up 19.2% on the previous year.<br />

The majority <strong>of</strong> works were being undertaken at Skilled Stadium,<br />

Deakin University, Gordon Institute <strong>of</strong> TAFE and the <strong>Geelong</strong> Fire<br />

Station. Many schools in the region also commenced building work<br />

to improve their infrastructure.<br />

Another $97.8m was invested in commercial developments, down<br />

29.8% on the previous year. Some <strong>of</strong> the major projects in this<br />

sector include the Promenade Apartments, Pier Point Apartments and<br />

large warehouse developments in North <strong>Geelong</strong> and Corio.<br />

The retail sector accounted for $90.3m <strong>of</strong> non-residential investment,<br />

down 52.7% when compared to the previous year’s record high <strong>of</strong><br />

$190.8m, which was boosted by the Westfield redevelopment in<br />

Central <strong>Geelong</strong>. The majority <strong>of</strong> construction in 2008/09 was being<br />

carried out at the Aquatic Centre in Grovedale, <strong>Geelong</strong> Gateway<br />

bulky goods outlets in Corio, the retail component <strong>of</strong> the Queenscliff<br />

Harbour redevelopment and shop fitout works at Westfield and<br />

Market Square.<br />

A total <strong>of</strong> $34.7m was invested in health related projects, a 33.9%<br />

increase on the previous year. Construction <strong>of</strong> the Clinical Teaching<br />

Unit in Ryrie Street <strong>Geelong</strong> (a Deakin University and Barwon Health<br />

initiative) accounted for a large part <strong>of</strong> investment in this sector.<br />

A further $20.7m was spent on industrial projects (a 122.0% rise<br />

on the previous year) with the majority <strong>of</strong> investment in the Golden<br />

Plains Shire on sheds for agricultural purposes.<br />

TABLE 1: Non-Residential Building Activity, Barwon Region<br />

Value ($)<br />

500<br />

450<br />

400<br />

350<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

Value ($m)<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the Building Commission. Includes new building and alterations which exceed $10,000.<br />

500<br />

450<br />

400<br />

350<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

in this section<br />

> Non-Residential Building Activity<br />

> Non-Residential Property Sales<br />

> Map: Non-Residential Building Activity and<br />

Major Projects<br />

Building Activity by Local Government Area<br />

The highest proportion <strong>of</strong> non-residential building activity in 2008/09<br />

occurred in the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> ($294.4m), followed by<br />

the Colac Otway Shire ($16.4m), Golden Plains Shire ($15.9m),<br />

Borough <strong>of</strong> Queenscliffe ($10.0m) and the Surf Coast Shire ($9.1m).<br />

In 2008/09 the value <strong>of</strong> non-residential building activity fell by<br />

27.6% in the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and 33.2% in the Surf Coast<br />

Shire, while all other municipalities experienced growth in building<br />

activity <strong>of</strong> 20% or higher (see Table 2 - page 18 for more detailed<br />

information).<br />

See page 19 for the presentation <strong>of</strong> this data on a map.<br />

Public Buildings Health Industrial Commercial Retail<br />

For more information on major construction projects see<br />

section 8, page 44 or visit:<br />

www.geelongaustralia.vic.gov.au/business<br />

and view ‘<strong>City</strong>Scope - <strong>Geelong</strong> Investment News’<br />

For information on industrial land supply and consumption<br />

visit: www.dse.vic.gov.au/urbandevelopmentprogram<br />

2004/05 2005/06 2006/07 2007/08 2008/09<br />

GRAPH 1: Value <strong>of</strong> Non-Residential Building Activity -<br />

Barwon Region<br />

Public Buildings Health Industrial Commercial Retail<br />

2004/05 2005/06 2006/07 2007/08 2008/09<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the Building Commission.<br />

Value ($m) No. <strong>of</strong> Permits Value ($m)<br />

Building Type 2004/2005 2005/2006 2006/2007 2007/2008 2008/2009<br />

Definitions: Retail (shop or other building for the sale <strong>of</strong> goods by retail or the supply <strong>of</strong> services direct to public),<br />

Commercial (<strong>of</strong>fice building for pr<strong>of</strong>essional or commercial purposes or building used for the storage or display <strong>of</strong> wholesale<br />

goods), Industrial (building which an industrial process is carried out for trade, sale or gain),<br />

Health (hospital <strong>of</strong> healthcare building), Public Building (assembly building, school, hall and theatre).<br />

Value %<br />

Change<br />

(07/08 - 08/09)<br />

Retail 45.6 26.6 73.0 190.8 203 90.3 -52.7%<br />

Commercial 130.3 85.7 75.7 139.3 268 97.8 -29.8%<br />

Industrial 22.4 40.3 16.4 9.3 44 20.7 122.0%<br />

Health 37.8 97.6 73.9 25.9 38 34.7 33.9%<br />

Public Buildings 44.7 58.3 71.8 85.7 231 102.1 19.2%<br />

Total Barwon Region 280.8 308.4 310.7 451.1 784 345.7 -23.4%<br />

/17<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 3 - non-residential property market


S3<br />

NON-rESIDENTIAL PROPERTY MARKET<br />

TABLE 2: Non-Residential Building Activity by Local Government Area<br />

Area 2007/2008 2008/2009<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> Value ($'000) No. <strong>of</strong> Permits Value ($'000)<br />

Although the Barwon Region<br />

experienced a decline in<br />

the number and value <strong>of</strong><br />

Colac Otway Shire<br />

non-residential sales, it still<br />

compared favourably with<br />

metropolitan Melbourne and<br />

country Victoria<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the Building Commission. Includes new building and alterations which exceed $10,000.<br />

Value %<br />

Change<br />

(07/08 - 08/09)<br />

Retail $187,385 181 $79,629 -57.5%<br />

Commercial $120,873 155 $87,852 -27.3%<br />

Industrial $6,916 27 $6,301 -8.9%<br />

Health $20,436 31 $32,227 57.7%<br />

Public Buildings $71,159 198 $88,390 24.2%<br />

Total $406,769 592 $294,398 -27.6%<br />

Surf Coast Shire<br />

Retail $430 9 $1,512 251.6%<br />

Commercial $7,343 38 $3,178 -56.7%<br />

Industrial $250 4 $1,184 373.5%<br />

Health $0 2 $1,342 na<br />

Public Buildings $5,585 6 $1,868 -66.6%<br />

Total $13,608 59 $9,083 -33.2%<br />

Borough <strong>of</strong> Queenscliffe<br />

Retail $0 4 $8,245 na<br />

Commercial $4,231 3 $593 -86.0%<br />

Industrial $0 2 $530 na<br />

Health $0 1 $450 na<br />

Public Buildings $3,582 2 $162 -95.5%<br />

Total $7,813 12 $9,979 27.7%<br />

Golden Plains Shire<br />

Retail $427 1 $10 -97.7%<br />

Commercial $1,066 25 $839 -21.3%<br />

Industrial $1,304 7 $12,164 832.9%<br />

Health $5,488 1 $550 -90.0%<br />

Public Buildings $1,368 9 $2,294 67.7%<br />

Total $9,653 43 $15,858 64.3%<br />

Retail $2,580 8 $913 -64.6%<br />

Commercial $5,811 47 $5,299 -8.8%<br />

Industrial $860 4 $534 -37.9%<br />

Health $20 3 $178 790.7%<br />

Public Buildings $4,000 16 $9,425 135.6%<br />

Total $13,271 78 $16,350 23.2%<br />

/18


non-residential building<br />

activity and major projects,<br />

city <strong>of</strong> greater geelong<br />

Staughton<br />

Vale<br />

G OLDEN<br />

PLAINS<br />

SHIRE<br />

WAURN PONDS<br />

Deakin University<br />

MOORABOOL<br />

Ceres<br />

Anakie<br />

Fyansford<br />

SHIRE<br />

Lovely Banks<br />

Mount<br />

Duneed<br />

GROVEDALE<br />

Leisurelink Aquatic Centre<br />

Balliiang<br />

<strong>Geelong</strong><br />

Ring Road<br />

Employment<br />

Precinct<br />

SURF CO AST SHIRE<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the Building Commission.<br />

BELL POST HILL<br />

Kardinia International College<br />

Little River<br />

Port <strong>of</strong><br />

<strong>Geelong</strong><br />

CORIO<br />

BAY<br />

Avalon<br />

Moolap<br />

Batesford<br />

GEELONG WEST<br />

Child Care Centre<br />

Pakington Strand (Fitout)<br />

HIGHTON<br />

Medical Centre<br />

LARA<br />

Secondary School Additions<br />

Child Care Centre<br />

Connewarre<br />

NORTH GEELONG<br />

Multiple w/house developments<br />

Fyansford<br />

Avalon<br />

Airport<br />

Leopold<br />

Bell<br />

Park<br />

Curlewis<br />

Wallington<br />

Norlane<br />

Newtown<br />

Belmont<br />

Point<br />

Wilson<br />

Ocean Grove<br />

Clifton<br />

Springs<br />

Marcus<br />

Hill<br />

Port <strong>of</strong><br />

<strong>Geelong</strong><br />

Marshall<br />

Drysdale<br />

CORIO<br />

BAY<br />

LOCALITY<br />

Major Projects<br />

Dual Carriage Road<br />

<strong>Geelong</strong> Ring Road<br />

Major Road<br />

Road<br />

Rail<br />

Landmarks<br />

Building Activity Value ($’000)<br />

Mannerim<br />

CORIO<br />

<strong>Geelong</strong> Gateway<br />

<strong>Geelong</strong> Grammar School<br />

Multiple w/house developments<br />

Avalon<br />

GEELONG<br />

Promenade Apartments<br />

Pier Point Apartments<br />

Barwon Health/Deakin Uni Clinical Teaching Unit<br />

Westfield <strong>Geelong</strong> (Fitout)<br />

Market Square (Fitout)<br />

<strong>Geelong</strong> <strong>City</strong> Fire Station<br />

Edgewater (Fitout)<br />

Transport Accident Commission HQ (Fitout)<br />

THOMSON<br />

Gordon TAFE Redevelopment<br />

$0 - $99<br />

Moolap<br />

SOUTH GEELONG<br />

Skilled Stadium Refurbishment<br />

$100 - $999<br />

$1000 - $9,999<br />

$10,000 - $99,999<br />

$100,000 +<br />

Portarlington<br />

Swan Bay<br />

St Leonards<br />

BOROUGH OF<br />

QUEENSCLIFFE<br />

/19<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 3 - non-residential property market


S3<br />

NON-rESIDENTIAL PROPERTY MARKET<br />

Non-Residential Property Sales<br />

The value <strong>of</strong> commercial, industrial and rural property sales in the<br />

Barwon Region dropped by 5.0% in 2008 (from $481.2m in 2007<br />

to $457.0m). The total number <strong>of</strong> recorded sales also decreased by<br />

15.1%, from 881 sales in 2007 to 748 sales in 2008.<br />

Although the Barwon Region experienced a decline in the number<br />

and value <strong>of</strong> non-residential sales, it still compared favourably with<br />

metropolitan Melbourne and country Victoria (both recording<br />

greater declines in the number and value <strong>of</strong> sales compared to<br />

the Barwon Region).<br />

See Graph 2 opposite for the change in non-residential property<br />

sales over five years.<br />

Average and median sale prices for a range <strong>of</strong> property<br />

classes are available in ‘A Guide to Property Values<br />

2008’ published by the Department <strong>of</strong> Sustainability and<br />

Environment.<br />

TABLE 3: Non-Residential Property Sales 2008<br />

Number<br />

10000<br />

9000<br />

8000<br />

7000<br />

6000<br />

5000<br />

4000<br />

3000<br />

2000<br />

1000<br />

GRAPH 2: Non-Residential Property Sales, Barwon Region<br />

0<br />

No. <strong>of</strong> Sales<br />

Source: LANDATA, Department <strong>of</strong> Sustainability and Environment,<br />

A Guide to Property Values 2008, 2007, 2006, 2005 & 2004.<br />

Value <strong>of</strong> Sales ($m)<br />

2004 2005 2006 2007 2008<br />

520<br />

510<br />

500<br />

490<br />

480<br />

470<br />

460<br />

450<br />

440<br />

430<br />

420<br />

Value ($m)<br />

Local Government Area<br />

No. Sales<br />

Source: LANDATA, Department <strong>of</strong> Sustainability and Environment, A Guide to Property Values 2008.<br />

Commercial Industrial Rural Total<br />

Total Sales<br />

($’000)<br />

No. Sales<br />

Total Sales<br />

($’000)<br />

No. Sales<br />

Total Sales<br />

($’000)<br />

No. Sales<br />

Total Sales<br />

($’000)<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 99 $87,152 69 $49,091 96 $77,052 264 $213,295<br />

Surf Coast Shire 15 $11,568 4 $1,990 59 $56,298 78 $69,855<br />

Borough <strong>of</strong> Queenscliffe 1 $800 0 $0 0 $0 1 $800<br />

Golden Plains Shire 2 $915 5 $818 239 $94,404 246 $96,137<br />

Colac Otway Shire 15 $7,217 3 $1,702 141 $68,028 159 $76,946<br />

Barwon Region 132 $107,651 81 $53,601 535 $295,782 748 $457,033<br />

Although the Barwon Region<br />

experienced a decline in<br />

the number and value <strong>of</strong><br />

non-residential sales, it still<br />

compared favourably with<br />

metropolitan Melbourne and<br />

country Victoria<br />

/20


S4<br />

Population<br />

GROWTH<br />

Golden Plains<br />

- North West<br />

population characteristics<br />

Estimated Resident Population<br />

Australian Statistical Districts<br />

Golden Plains<br />

- South East<br />

The Australian Bureau <strong>of</strong> Statistics estimates that the population Gr <strong>Geelong</strong> - <strong>of</strong> Pt C<br />

the Barwon Region grew by 1.6% (or 4,412 people) in 2008 to<br />

reach 278,668 residents.<br />

Between 2007 and 2008 the population <strong>of</strong> the <strong>City</strong> <strong>of</strong> Gr <strong>Greater</strong> <strong>Geelong</strong> - Pt A<br />

<strong>Geelong</strong> grew by 1.4% to 211,841 residents, Surf Coast the - East Surf Coast Shire Gr <strong>Geelong</strong> - Pt B<br />

grew by 3.6% to 24,442 residents, the Borough <strong>of</strong> Queenscliffe grew Demography<br />

Colac-Otway - North<br />

by 2.2% to 3,256 residents, the Golden Plains Shire grew by 2.0%<br />

to 17,681 residents and the Colac Otway Surf Coast Shire - West grew by 0.8% Queenscliffe to<br />

21,448 residents (see Table 1 - page 22, Graph 1 & Table 2 -<br />

page 23 for more Colac-Otway information). - Colac<br />

See Estimated Resident Population maps below to compare<br />

% Change 2007-2008<br />

growth by Statistical Local Areas.<br />

0.0% - 1.0%<br />

Estimated Colac-Otway Resident - South Population – Rankings 1.1% - 1.5%<br />

Victorian Local Government Areas<br />

1.6% - 2.0%<br />

Out <strong>of</strong> the 79 Victorian Local Government Areas, the <strong>City</strong> 2.1% <strong>of</strong> + <strong>Greater</strong><br />

<strong>Geelong</strong> has the second largest population and experienced the 9th<br />

largest growth between 2007 and 2008 (see Table 3 - page 23 for<br />

further information).<br />

Estimated resident population by statistical<br />

local area, greater geelong - pT A<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt C<br />

<strong>Geelong</strong><br />

West<br />

Newtown<br />

Corio - Inner<br />

<strong>Geelong</strong><br />

South Barwon - Inner<br />

ted Resident Population<br />

tatistical Local Area,<br />

eater <strong>Geelong</strong> - Pt A<br />

Bellarine - Inner<br />

Source: Australian Bureau <strong>of</strong> Statistics.<br />

% Change 2007-2008<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt B<br />

0.0% - 1.0%<br />

1.1% - 1.5%<br />

1.6% - 2.0%<br />

2.1% +<br />

Source: Australian Bureau <strong>of</strong> Statistics.<br />

Out <strong>of</strong> the 36 Statistical Districts in Australia (predominantly urban<br />

areas located outside the Capital Cities), <strong>Geelong</strong> experienced the<br />

11th largest growth between 2007 and 2008. Table 4 - page 24<br />

also shows that <strong>Geelong</strong> is the largest regional <strong>City</strong> in Victoria.<br />

In 2007 there were 3,345 births in the Barwon Region (up 8.3%<br />

on the previous year) and 2,140 deaths (up 7.4% on the previous<br />

year). See Table 5 - page 25 for more detail.<br />

Golden Plains<br />

- North West<br />

Colac-Otway - North<br />

Colac-Otway - Colac<br />

Colac-Otway - South<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt C<br />

in this section<br />

> Estimated Resident Population<br />

> Demography<br />

> Population Projections<br />

For definitions <strong>of</strong> Statistical Local Areas see page<br />

50. For data on the regions transient population<br />

see Table 1, page 43.<br />

Estimated resident population by statistical<br />

local area, barwon region<br />

Golden Plains<br />

- South East<br />

Surf Coast - East<br />

Surf Coast - West<br />

Gr <strong>Geelong</strong> - Pt C<br />

Gr <strong>Geelong</strong> - Pt A<br />

Gr <strong>Geelong</strong> - Pt B<br />

Queenscliffe<br />

% Change 2007-2008<br />

0.0% - 1.0%<br />

1.1% - 1.5%<br />

1.6% - 2.0%<br />

2.1% +<br />

Source: Australian Bureau <strong>of</strong> Statistics.<br />

% Change 2007-2008<br />

/21<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 4 - population growth


population growth<br />

S4TABLE 1: Estimated Resident Population - Barwon Region at 30 June 2008*<br />

% Change<br />

2007-<br />

2008<br />

Age<br />

/22<br />

Statistical Local Area 0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Total<br />

CITY OF GREATER GEELONG<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt A<br />

Bellarine - Inner 1509 1642 1749 1720 1405 1552 1584 1773 1680 1726 1520 1499 1288 3,894 24,541 0.6<br />

Corio - Inner 3866 3706 4164 4450 3914 3775 3857 4035 4022 3965 3675 3559 3093 8,543 58,624 1.2<br />

<strong>Geelong</strong> 685 627 615 649 1064 935 851 860 844 821 821 711 581 1,903 11,967 0.2<br />

<strong>Geelong</strong> West 1045 770 754 820 1078 1195 1176 1245 969 965 880 728 609 2,201 14,435 1.0<br />

Newtown 592 706 743 852 725 591 537 630 725 827 710 677 553 1,438 10,306 1.6<br />

South Barwon - Inner 3047 3054 3288 3752 4292 3234 3258 3495 3361 3619 3507 3109 2819 8,592 52,427 2.1<br />

10,744 10,505 11,313 12,243 12,478 11,282 11,263 12,038 11,601 11,923 11,113 10,283 8,943 26,571 172,300 1.3<br />

Total <strong>Greater</strong> <strong>Geelong</strong><br />

- Pt A<br />

Rural <strong>Geelong</strong><br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt B 2011 2236 2568 2473 1738 1535 1651 2298 2388 2704 2676 2468 2516 7128 36,390 1.9<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt C 138 159 206 249 191 206 261 309 299 234 235 238 166 260 3,151 1.3<br />

Total Rural <strong>Geelong</strong> 2,149 2,395 2,774 2,722 1,929 1,741 1,912 2,607 2,687 2,938 2,911 2,706 2,682 7,388 39,541 1.9<br />

12,893 12,900 14,087 14,965 14,407 13,023 13,175 14,645 14,288 14,861 14,024 12,989 11,625 33,959 211,841 1.4<br />

Total <strong>City</strong> <strong>of</strong> <strong>Greater</strong><br />

<strong>Geelong</strong><br />

SURF COAST SHIRE<br />

Surf Coast - East 1139 1115 1062 995 850 829 1060 1391 1162 1196 1111 943 787 1,596 15,236 4.7<br />

Surf Coast - West 549 553 563 580 396 363 483 593 633 757 766 713 628 1,629 9,206 1.7<br />

Total Surf Coast Shire 1,688 1,668 1,625 1,575 1,246 1,192 1,543 1,984 1,795 1,953 1,877 1,656 1,415 3,225 24,442 3.6<br />

132 169 157 156 92 83 120 168 179 211 219 256 280 1,034 3,256 2.2<br />

BOROUGH OF<br />

QUEENSCLIFFE<br />

GOLDEN PLAINS SHIRE<br />

487 588 706 581 301 334 459 616 598 673 625 595 548 744 7,855 0.7<br />

Golden Plains -<br />

North-West<br />

676 885 817 647 381 402 544 798 846 818 778 710 594 930 9,826 3.0<br />

Golden Plains -<br />

South-East<br />

1,163 1,473 1,523 1,228 682 736 1,003 1,414 1,444 1,491 1,403 1,305 1,142 1,674 17,681 2.0<br />

Total Golden Plains<br />

Shire<br />

COLAC OTWAY SHIRE<br />

Colac Otway - Colac 683 741 742 807 766 727 628 718 638 728 690 694 605 2,267 11,434 0.5<br />

Colac Otway - North 370 436 540 516 266 276 308 415 530 476 505 485 445 812 6,380 1.0<br />

Colac Otway - South 202 186 219 218 175 155 193 212 274 295 357 291 254 603 3,634 1.6<br />

1,255 1,363 1,501 1,541 1,207 1,158 1,129 1,345 1,442 1,499 1,552 1,470 1,304 3,682 21,448 0.8<br />

Total Colac Otway<br />

Shire<br />

17,131 17,573 18,893 19,465 17,634 16,192 16,970 19,556 19,148 20,015 19,075 17,676 15,766 43,574 278,668 1.6<br />

TOTAL BARWON<br />

REGION<br />

Source: Australian Bureau <strong>of</strong> Statistics, Population by Age and Sex, Regions <strong>of</strong> Australia, Catalogue No. 3235.0. The Estimated Resident Population is an <strong>of</strong>ficial estimate <strong>of</strong> the number <strong>of</strong> people who usually reside in an area. The estimate is based on population counts derived from the Census <strong>of</strong> Population<br />

and Housing by place <strong>of</strong> usual residence and a mathematical model is used to calculate intercensal growth. Independent <strong>indicators</strong> <strong>of</strong> population change, such as dwelling approvals and Medicare enrolments are also used. Data on births, deaths, net migration and natural increases is used to calculate<br />

movements in age. *Preliminary data


TABLE 2: Estimated Resident Population (ERP) - Time Series Barwon region<br />

ERP at 30 June<br />

Local Government Area 2004 2005 2006 2007r 2008p<br />

Source: Australian Bureau <strong>of</strong> Statistics, Regional Population Growth, Australia 2007-08 (catalogue number 3218.0) r - revised, p - preliminary<br />

2007-2008<br />

No.<br />

Change<br />

2007-2008<br />

%<br />

2004-2008<br />

%pa<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 201,039 203,276 205,686 208,861 211,841 2,980 1.4 1.1<br />

Surf Coast Shire 21,780 22,158 22,798 23,599 24,442 843 3.6 2.3<br />

Borough <strong>of</strong> Queenscliff 3,157 3,127 3,150 3,186 3,256 70 2.2 0.6<br />

Golden Plains Shire 16,135 16,657 17,013 17,340 17,681 341 2.0 1.8<br />

Colac Otway Shire 20,990 21,055 21,044 21,270 21,448 178 0.8 0.4<br />

Barwon Region 263,101 266,273 269,691 274,256 278,668 4,412 1.6 1.2<br />

GRAPH 1: Estimated Resident Population at 30 June - Barwon REgion<br />

Population<br />

280,000<br />

275,000<br />

270,000<br />

265,000<br />

260,000<br />

255,000<br />

250,000<br />

+ 3,172<br />

people<br />

2004 2005 2006 2007r 2008p<br />

Source: Australian Bureau <strong>of</strong> Statistics<br />

TABLE 3: Estimated Resident Population (ERP) - Victorian Local Government Area Rankings<br />

ERP at 30 June Change 2007-2008 State Rank (out <strong>of</strong> 79)<br />

Victorian<br />

Local Government Areas 2007r 2008p No. % Largest Growth Fastest Growth<br />

Wyndham (C) 123,919 132,793 8,874 7.2 1 1<br />

Casey (C) 230,322 238,336 8,014 3.5 2 7<br />

Melton (S) 86,449 92,465 6,016 7.0 3 2<br />

Whittlesea (C) 133,897 139,250 5,353 4.0 4 5<br />

Hume (C) 158,334 162,260 3,926 2.5 5 9<br />

Melbourne (C) 86,237 89,759 3,522 4.1 6 4<br />

Cardinia (S) 60,944 64,310 3,366 5.5 7 3<br />

Brimbank (C) 178,128 181,115 2,987 1.7 8 18<br />

<strong>Greater</strong> <strong>Geelong</strong> (C) 208,861 211,841 2,980 1.4 9 29<br />

Mornington Peninsula (S) 143,030 145,356 2,326 1.6 10 19<br />

Frankston (C) 123,517 125,728 2,211 1.8 11 15<br />

Boroondara (C) 163,382 165,393 2,011 1.2 12 38<br />

Glen Eira (C) 131,801 133,807 2,006 1.5 13 25<br />

<strong>Greater</strong> Dandenong (C) 133,338 135,243 1,905 1.4 14 28<br />

Kingston (C) 141,850 143,727 1,877 1.3 15 33<br />

Monash (C) 170,930 172,740 1,810 1.1 16 48<br />

Darebin (C) 135,552 137,360 1,808 1.3 17 32<br />

Ballarat (C) 89,987 91,787 1,800 2.0 18 12<br />

Maribyrnong (C) 68,097 69,825 1,728 2.5 19 8<br />

<strong>Greater</strong> Bendigo (C) 98,456 100,054 1,598 1.6 20 20<br />

...rankings continue<br />

Surf Coast (S) 23,599 24,442 843 3.6 33 6<br />

Golden Plains (S) 17,340 17,681 341 2.0 49 14<br />

Colac Otway (S) 21,270 21,448 178 0.8 57 55<br />

Queenscliffe (B) 3,186 3,256 70 2.2 65 11<br />

Source: Australian Bureau <strong>of</strong> Statistics, Regional Population Growth, Australia 2007-08 (catalogue number 3218.0) r - revised, p - preliminary<br />

+ 3,418<br />

people<br />

+ 4,565<br />

people<br />

+ 4,412<br />

people<br />

/23<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 4 - population growth


S4<br />

population growth<br />

TABLE 4: Estimated Resident Population (ERP) Statistical District Rankings* - Largest Growth in Australia<br />

ERP at 30 June Change 2007-2008<br />

Rank Statistical District 2007r 2008p No. %<br />

1 Gold Coast-Tweed (QLD/NSW) 543,808 558,888 15,080 2.8<br />

2 Sunshine Coast (QLD) 231,167 237,562 6,395 2.8<br />

3 Newcastle (NSW) 524,968 531,191 6,223 1.2<br />

4 Cairns (QLD) 136,404 142,001 5,597 4.1<br />

5 Canberra-Queanbeyan (ACT/NSW) 389,590 395,126 5,536 1.4<br />

6 Townsville (QLD) 158,027 162,730 4,703 3.0<br />

7 Mandurah (WA) 74,661 78,612 3,951 5.3<br />

8 Wollongong (NSW) 280,861 284,169 3,308 1.2<br />

9 Hervey Bay (QLD) 53,551 56,165 2,614 4.9<br />

10 Bunbury (WA) 60,705 63,202 2,497 4.1<br />

11 <strong>Geelong</strong> (VIC) 170,039 172,300 2,261 1.3<br />

12 Ballarat (VIC) 89,987 91,787 1,800 2.0<br />

13 Mackay (QLD) 79,429 81,148 1,719 2.2<br />

14 Gladstone (QLD) 47,261 48,796 1,535 3.2<br />

15 Toowoomba (QLD) 123,804 125,339 1,535 1.2<br />

16 Bendigo (VIC) 86,604 88,031 1,427 1.6<br />

17 Bundaberg (QLD) 65,024 66,176 1,152 1.8<br />

18 Albury-Wodonga (NSW/VIC) 101,801 102,894 1,093 1.1<br />

19 La Trobe Valley (VIC) 77,488 78,531 1,043 1.3<br />

20 Geraldton (WA) 34,405 35,361 956 2.8<br />

21 Burnie-Devonport (TAS) 80,227 81,144 917 1.1<br />

22 Wagga Wagga (NSW) 56,026 56,911 885 1.6<br />

23 Port Macquarie (NSW) 42,047 42,900 853 2.0<br />

24 C<strong>of</strong>fs Harbour (NSW) 50,719 51,538 819 1.6<br />

25 Rockhampton (QLD) 74,700 75,497 797 1.1<br />

26 Kalgoorlie/Boulder (WA) 30,746 31,509 763 2.5<br />

27 Shepparton (VIC) 47,033 47,710 677 1.4<br />

28 Mildura (VIC) 48,642 49,280 638 1.3<br />

29 Launceston (TAS 104,074 104,649 575 0.6<br />

30 Tamworth (NSW) 45,127 45,615 488 1.1<br />

31 Bathurst (NSW) 32,476 32,942 466 1.4<br />

32 Orange (NSW) 37,525 37,991 466 1.2<br />

33 Warrnambool (VIC) 32,254 32,712 458 1.4<br />

34 Nowra-Bomaderry (NSW) 32,758 33,212 454 1.4<br />

35 Dubbo (NSW) 36,340 36,653 313 0.9<br />

36 Lismore (NSW) 31,866 31,926 60 0.2<br />

Source: Australian Bureau <strong>of</strong> Statistics, Regional Population Growth, Australia 2007-08 (catalogue number 3218.0) r - revised p - preliminary<br />

* Statistical Districts consist <strong>of</strong> selected, significant, predominantly urban areas within Australia, which are not located within a Capital <strong>City</strong> Statistical Division.<br />

/24


TABLE 5: Demography <strong>of</strong> the Barwon Region 2007<br />

Local Government Area 2003 2004 2005 2006 2007<br />

Births (Year <strong>of</strong> Registration)<br />

Source: Australian Bureau <strong>of</strong> Statistics, Births Australia 2007 (catalogue no. 3301.0), Deaths Australia 2007 (catalogue no.3302.0).<br />

Data for births and deaths is available down to the Statistical Local Area geographic level.<br />

In 2007 there were 3,345<br />

births in the Barwon<br />

Region (up 8.3% on the<br />

previous year) and 2,140<br />

deaths (up 7.4% on the<br />

previous year).<br />

% Change<br />

2006-2007<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 2,293 2,358 2,368 2,331 2,591 11.2%<br />

Surf Coast Shire 301 278 279 276 319 15.6%<br />

Borough <strong>of</strong> Queenscliffe 17 30 22 18 14 -22.2%<br />

Golden Plains Shire 221 215 202 214 187 -12.6%<br />

Colac Otway Shire 232 238 244 251 234 -6.8%<br />

Total Barwon Region 3,064 3,119 3,115 3,090 3,345 8.3%<br />

Deaths<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 1,623 1,542 1,696 1,602 1,709 6.7%<br />

Surf Coast Shire 130 119 128 111 141 27.0%<br />

Borough <strong>of</strong> Queenscliffe 75 62 55 41 44 7.3%<br />

Golden Plains Shire 53 58 73 78 62 -20.5%<br />

Colac Otway Shire 181 196 188 160 184 15.0%<br />

Total Barwon Region 2,062 1,977 2,140 1,992 2,140 7.4%<br />

/25<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 4 - population growth


S4<br />

population growth<br />

POPULATION PROJECTIONS<br />

Victoria in Future 2008 are the Victorian Government’s <strong>of</strong>ficial<br />

population and household projections.<br />

The Department <strong>of</strong> Planning and Community Development compiled<br />

these projections for all 79 Local Government Areas in Victoria for the<br />

period 2006 to 2026. The projections are based on the Australian<br />

Bureau <strong>of</strong> Statistics’ population estimates from the 2006 Census,<br />

along with:<br />

> demographic data and housing development information;<br />

> Victoria’s <strong>economic</strong>, social and demographic tends; and<br />

> detailed local knowledge gained through consultation with local<br />

governments, regional service providers and other stakeholders.<br />

Victoria in Future 2008 projects that the Barwon Region’s population<br />

will increase from 269,988 in 2006 to 355,278 by 2026, an<br />

increase <strong>of</strong> 85,290 people or 31.6%. The Barwon Region’s diverse<br />

employment opportunities and services, along with its coastal areas<br />

and other ‘lifestyle’ locations, will contribute significantly to the<br />

region’s growth over the next twenty years.<br />

It is estimated that the population <strong>of</strong> the:<br />

> <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> will increase by 63,724 people or<br />

31.0%, reaching 269,653 residents by 2026 (a growth rate <strong>of</strong><br />

1.4% per annum);<br />

> Surf Coast Shire will increase by 11,979 people or 52.5%,<br />

reaching 34,781 residents by 2026, (a growth rate <strong>of</strong> 2.1%<br />

per annum);<br />

> Borough <strong>of</strong> Queenscliffe will increase by 199 people or 6.3%,<br />

reaching 3,349 residents by 2026 (a growth rate <strong>of</strong> 0.3%<br />

per annum);<br />

> Golden Plains Shire will increase by 7,301 people or 42.8%,<br />

reaching 24,378 residents by 2026 (a growth rate <strong>of</strong> 1.8%<br />

per annum); and the<br />

> Colac Otway Shire will increase by 2,086 people or 10.0%,<br />

reaching 23,116 residents by 2026 (a growth rate <strong>of</strong> 0.5%<br />

per annum).<br />

Barwon Region – Statistical Local Areas<br />

The statistical local areas in the Barwon Region that are expected to<br />

grow the most over the next twenty years include Surf Coast – East<br />

(at 3.0% pa), South Barwon-Inner (2.6% pa), Golden Plains – South<br />

East (2.3% pa), <strong>Greater</strong> <strong>Geelong</strong> – Pt B (Bellarine Peninsula – 1.7%<br />

pa) and <strong>Greater</strong> <strong>Geelong</strong> – Pt C (1.3% pa). This growth reflects the<br />

attractiveness <strong>of</strong> the Region’s coastal, bayside and rural areas and<br />

planned growth in the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>’s Armstrong Creek<br />

urban growth area.<br />

See Table 6 - page 28 and maps on page 27 to compare growth<br />

between Statistical Local Areas.<br />

Age Structure<br />

The Barwon Region’s population, like most parts <strong>of</strong> Australia,<br />

is aging.<br />

Between 2006 and 2026 the number <strong>of</strong> people in the Barwon<br />

Region aged 60 and over is projected to nearly double, from 55,113<br />

persons in 2006 to 99,787 persons in 2026. By 2026 28.1% <strong>of</strong><br />

the population is expected to be aged 60 and over, up from 20.4%<br />

in 2006.<br />

The number <strong>of</strong> 0 to 19 year olds in the Barwon Region will increase<br />

by 15,453 persons, from 71,641 in 2006 to 87,094 in 2026.<br />

It is projected that there will be a slight decrease in the proportion<br />

<strong>of</strong> 0 to 19 year olds between 2006 and 2026, from 26.5% <strong>of</strong> the<br />

population down to 24.5%.<br />

The population, aged 20 to 59, is expected to increase by 25,162<br />

persons, from 143,234 in 2006 to 168,396 in 2026.<br />

The percentage <strong>of</strong> the population in this age cohort is expected to<br />

drop from 53.0% in 2006 to 47.4% in 2026.<br />

Population projections by Statistical Local Area and various<br />

age cohorts are available on the <strong>Geelong</strong> Australia website.<br />

For more information on Victoria in Future 2008 visit: www.dpcd.vic.gov.au/victoriainfuture<br />

For another source <strong>of</strong> population projections visit: www.geelongaustralia.com.au/business<br />

view ‘the <strong>Geelong</strong> Population Forecast - Forecast.id’, which is based on different assumptions<br />

to Victoria in Future 2008 projections.<br />

/26


Colac Otway - North<br />

Golden Plains<br />

- North West<br />

Colac Otway - North<br />

Colac Otway - Colac<br />

Colac Otway - South<br />

Golden Plains<br />

- South East<br />

Surf Coast - East<br />

Surf Coast - West<br />

It is estimated that the<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

will increase by 63,724<br />

people or 31.0%, reaching<br />

269,653 residents by 2026<br />

(a growth rate <strong>of</strong> 1.4%<br />

per annum).<br />

Gr <strong>Geelong</strong> - Pt C<br />

Gr <strong>Geelong</strong> - Pt A<br />

Growth rate % p.a.<br />

2006-2026<br />

0.0% - 1.0%<br />

1.1% - 2.0%<br />

2.1% +<br />

Source: Department <strong>of</strong> Planning and Community Development, 'Victoria in Future 2008’.<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt C<br />

<strong>Geelong</strong><br />

West<br />

Newtown<br />

Corio - Inner<br />

<strong>Geelong</strong><br />

South Barwon - Inner<br />

Bellarine - Inner<br />

Queenscliffe<br />

Growth rate % p.a.<br />

2006-2026<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt B<br />

1.1% +<br />

Source: Department <strong>of</strong> Planning and Community Development, 'Victoria in Future 2008’.<br />

0.0% - 0.5%<br />

0.6% - 1.0%<br />

Gr <strong>Geelong</strong> - Pt B<br />

Colac Otway - Colac<br />

Surf Coast - West<br />

1.1% - 2.0%<br />

2.1% +<br />

Queenscliffe<br />

Growth rate % p.a.<br />

PROJECTED population 2006-2026 GROWTH<br />

Colac Otway - South<br />

by statistical local 0.0% area, - 1.0%<br />

Source: Department <strong>of</strong> Planning and Community Development, 'Victoria in Future 2008’.<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt C<br />

<strong>Geelong</strong><br />

West<br />

Newtown<br />

Corio - Inner<br />

<strong>Geelong</strong><br />

South Barwon - Inner<br />

Bellarine - Inner<br />

barwon region<br />

PROJECTED population GROWTH by statistical local area,<br />

greater geelong - pT A<br />

Growth rate % p.a.<br />

2006-2026<br />

<strong>Greater</strong> <strong>Geelong</strong> - Pt B<br />

0.0% - 0.5%<br />

0.6% - 1.0%<br />

1.1% +<br />

Source: Department <strong>of</strong> Planning and Community Development, 'Victoria in Future 2008’.<br />

/27<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 4 - population growth


S4<br />

population growth<br />

TABLE 6: Population Projections 2006-2026<br />

Department <strong>of</strong> Planning and Community Development, Barwon Region<br />

Statistical Local Area 2006 2011 2016 2021 2026<br />

CITY OF GREATER GEELONG<br />

Growth Rate<br />

(% pa)<br />

2006 - 2026<br />

Urban <strong>Geelong</strong><br />

<strong>Greater</strong> <strong>Geelong</strong> (C) - Pt A<br />

Bellarine - Inner 24,161 25,241 26,359 27,444 28,699 0.9<br />

Corio - Inner 57,233 59,790 61,660 63,935 64,774 0.6<br />

<strong>Geelong</strong> 11,896 12,635 13,405 13,890 14,303 0.9<br />

<strong>Geelong</strong> West 14,255 14,850 15,364 15,507 15,548 0.4<br />

Newtown 9,957 9,899 9,888 9,977 10,044 0.0<br />

South Barwon - Inner 50,300 57,500 65,438 73,920 83,604 2.6<br />

Total Urban <strong>Geelong</strong> 167,802 179,915 192,114 204,674 216,971 1.3<br />

Rural <strong>Geelong</strong><br />

<strong>Greater</strong> <strong>Geelong</strong> (C) - Pt B 35,024 38,365 41,597 45,005 48,675 1.7<br />

<strong>Greater</strong> <strong>Geelong</strong> (C) - Pt C 3,103 3,354 3,585 3,808 4,007 1.3<br />

Total Rural <strong>Geelong</strong> 38,127 41,718 45,183 48,813 52,683 1.6<br />

Total <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 205,929 221,633 237,297 253,487 269,653 1.4<br />

SURF COAST SHIRE<br />

Surf Coast (S) - East 13,798 16,418 19,153 21,972 24,789 3.0<br />

Surf Coast (S) - West 9,004 9,343 9,615 9,838 9,992 0.5<br />

Total Surf Coast Shire 22,802 25,761 28,768 31,811 34,781 2.1<br />

BOROUGH OF QUEENSCLIFFE 3,150 3,157 3,191 3,258 3,349 0.3<br />

GOLDEN PLAINS SHIRE<br />

Golden Plains (S) - North West 7,739 8,357 8,868 9,289 9,672 1.1<br />

Golden Plains (S) - South East 9,338 10,657 11,966 13,294 14,705 2.3<br />

Total Golden Plains Shire 17,077 19,014 20,833 22,583 24,378 1.8<br />

COLAC OTWAY SHIRE<br />

Colac Otway (S) - Colac 11,229 11,429 11,659 11,933 12,224 0.4<br />

Colac Otway (S) - North 6,267 6,482 6,595 6,658 6,690 0.3<br />

Colac Otway (S) - South 3,534 3,706 3,859 4,023 4,201 0.9<br />

Total Colac Otway Shire 21,030 21,616 22,113 22,613 23,116 0.5<br />

TOTAL BARWON REGION 269,988 291,182 312,203 333,752 355,278 1.4<br />

Source: Department <strong>of</strong> Planning and Community Development, ‘Victoria in Future 2008’.<br />

/28


S5<br />

Business Pr<strong>of</strong>ile &<br />

Annual Production<br />

business counts<br />

According to the Australian Bureau <strong>of</strong> Statistics there were<br />

21,453 businesses actively trading in the Barwon Region at June<br />

2007. It is estimated that 15,141 <strong>of</strong> these businesses (71%) were<br />

operating in the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>.<br />

The ABS sources this data primarily from the Australian Business<br />

Register which monitors Australian Business Number (ABN)<br />

registrations. Excluded from the business counts are entities which<br />

are not considered to be actively trading in the market sector<br />

(i.e. General Government). The exclusion <strong>of</strong> General Government<br />

particularly impacts on data for Education and Health & Community<br />

Services, while the Government Administration & Defence sector is<br />

excluded entirely.<br />

Other explanatory notes are available on the Australian Bureau <strong>of</strong><br />

Statistics’ website.<br />

Industry Sectors<br />

When comparing the number <strong>of</strong> businesses by industry sector in the<br />

Barwon Region, the largest number were operating in:<br />

Property & Business Services<br />

4,485 businesses<br />

Construction 4,296<br />

Retail Trade 2,544<br />

Agriculture, Forestry & Fishing 2,532<br />

Finance & Insurance 1,269<br />

See Table 1 - page 30<br />

Employment Size Ranges<br />

In the Barwon Region at June 2007 there were:<br />

> 12,429 non-employing businesses (sole operators),<br />

57.9% <strong>of</strong> all businesses;<br />

> 5,634 micro businesses (employing less than 5 people),<br />

26.3% <strong>of</strong> all businesses;<br />

> 2,589 small businesses (employing 5 to 19 people),<br />

12.1% <strong>of</strong> all businesses;<br />

> 753 medium sized businesses (employing 20 to 199 people),<br />

3.5% <strong>of</strong> all businesses; and<br />

> 48 large businesses (employing more than 200 people),<br />

0.2% <strong>of</strong> all businesses.<br />

The first three points above show that 96.3% <strong>of</strong> all business in the<br />

Barwon Region employ less than 20 people. See Table 1 - page 30.<br />

in this section<br />

> Business Counts<br />

> Selected Major Employers<br />

> Annual Regional Production<br />

> Port Trade<br />

Annual Turnover Ranges<br />

In the Barwon Region at June 2007:<br />

> 9,519 businesses (44.4% <strong>of</strong> all businesses) reported an annual<br />

turnover <strong>of</strong> less than $100k;<br />

> 9,828 businesses (45.8%) reported an annual turnover between<br />

$100k and than $200m.<br />

> 2,043 businesses (9.5%) reported an annual turnover between<br />

$1m and less than $50m; and<br />

> 36 businesses (0.2%) reported an annual turnover between<br />

$50m and less than $200m.<br />

See Table 2 - page 30 for more detail.<br />

For business count data by Statistical Local Areas visit:<br />

www.abs.gov.au<br />

Selected Major Employers<br />

The top ten major employers in the Barwon Region in terms <strong>of</strong><br />

Full Time Equivalent (FTE) employee numbers are:<br />

Barwon Health 3,479<br />

Department <strong>of</strong> Education 2,333<br />

Deakin University 1,399<br />

Ford Motor Company <strong>of</strong> Australia 1,374<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 1,357<br />

Avalon Airport (all activities) 1,275<br />

Safeway 1,183<br />

Catholic Education System 1,027<br />

Target (head <strong>of</strong>fice and retail) 964<br />

Transport Accident Commission (TAC) 763<br />

See table 3 - page 31-32 for a selected major employers<br />

by industry sector.<br />

The largest number <strong>of</strong><br />

businesses in the Barwon<br />

Region operate in the<br />

Property & Business<br />

Services Sector.<br />

/29<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 5 - business pr<strong>of</strong>ile & annual production


S5<br />

BUSINESS PROFILE & ANNUAL PRODUCTION<br />

TABLE 1: Number <strong>of</strong> Businesses by Industry and Employment Sizes,<br />

Barwon Region, at june 2007<br />

Employment Size Ranges<br />

Industry<br />

Non<br />

employing<br />

number<br />

1-4<br />

number<br />

5-19<br />

number<br />

20-49<br />

number<br />

50-99<br />

number<br />

Source: Australian Bureau <strong>of</strong> Statistics, ‘Counts <strong>of</strong> Australian Businesses, Including Entries and Exits, Jun 2003 to Jun 2007’, (catalogue no. 8165.0).<br />

100-199<br />

number<br />

200+<br />

number<br />

Total<br />

number<br />

Agriculture, Forestry & Fishing 1,734 489 252 36 21 0 0 2,532<br />

Mining 15 12 9 0 0 0 0 36<br />

Manufacturing 522 285 177 51 18 9 9 1,071<br />

Electricity, Gas & Water Supply 24 0 3 0 0 0 3 30<br />

Construction 2,601 1,290 357 42 6 0 0 4,296<br />

Wholesale Trade 315 225 132 15 15 0 3 705<br />

Retail Trade 1,038 780 543 117 33 18 15 2,544<br />

Accommodation, Cafes & Restaurants 225 192 234 84 30 6 0 771<br />

Transport & Storage 657 330 96 15 15 3 6 1,122<br />

Communication Services 105 99 15 6 0 0 0 225<br />

Finance & Insurance 960 240 60 6 0 3 0 1,269<br />

Property & Business Services 3,063 975 333 57 36 15 6 4,485<br />

Education 111 42 33 9 12 0 3 210<br />

Health & Community Services 414 330 183 6 6 12 0 951<br />

Cultural & Recreational Services 300 99 60 24 12 0 3 498<br />

Personal & Other Services 345 246 102 9 3 3 0 708<br />

Total 12,429 5,634 2,589 477 207 69 48 21,453<br />

TABLE 2: Number <strong>of</strong> Businesses by Industry and ANNUAL TURNOVER,<br />

Barwon Region, at june 2007<br />

Industry<br />

Zero to<br />

less than<br />

$50k<br />

$50k to<br />

less than<br />

$100k<br />

$100k to<br />

less than<br />

$500k<br />

Annual Turnover Ranges<br />

$500k to<br />

less than<br />

$1m<br />

$1m to<br />

less than<br />

$5m<br />

$5m to<br />

less than<br />

$10m<br />

Source: Australian Bureau <strong>of</strong> Statistics, ‘Counts <strong>of</strong> Australian Businesses, Including Entries and Exits, Jun 2003 to Jun 2007’, (catalogue no. 8165.0).<br />

$10m to<br />

less than<br />

$50m<br />

$50m to<br />

less than<br />

$200m Total<br />

Agriculture, Forestry & Fishing 957 504 801 183 66 12 9 0 2,532<br />

Mining 6 3 15 3 6 3 0 0 36<br />

Manufacturing 237 177 366 105 132 18 33 3 1,071<br />

Electricity, Gas & Water Supply 12 6 0 6 0 0 3 3 30<br />

Construction 798 1,056 1,785 273 339 30 15 0 4,296<br />

Wholesale Trade 141 99 222 93 102 24 15 6 705<br />

Retail Trade 381 321 1,050 369 327 60 21 15 2,544<br />

Accommodation, Cafés & Restaurants 87 90 342 114 96 15 3 0 771<br />

Transport & Storage 345 162 444 78 75 6 6 6 1,122<br />

Communication Services 81 57 54 15 18 0 0 0 225<br />

Finance & Insurance 441 192 348 78 144 18 45 3 1,269<br />

Property & Business Services 1,350 969 1,659 273 192 21 21 0 4,485<br />

Education 63 45 57 9 30 6 0 0 210<br />

Health & Community Services 171 177 420 114 63 3 3 0 951<br />

Cultural & Recreational Services 174 78 183 36 24 0 3 0 498<br />

Personal & Other Services 186 153 291 42 33 3 0 0 708<br />

Total 5,430 4,089 8,037 1,791 1,647 219 177 36 21,453<br />

/30


TABLE 3: Selected Major Employers, Barwon Region, 2009*<br />

Employees (FTE)<br />

no.<br />

Manufacturing & Processing<br />

Transport Equipment, Metals & Engineering<br />

Ford Motor Company <strong>of</strong> Australia Ltd 1,374<br />

Avalon Airport - (All Activities) (1) 1,275<br />

Alcoa World Alumina Australia (Victoria Operations) 714<br />

Alcoa Australia Rolled Products 355<br />

Air Radiators 145<br />

Backwell IXL Pty Ltd 99<br />

Danum Engineering Pty Ltd 95<br />

Brockman Engineering 81<br />

Western Sheetmetal, Insulation & Asbestos Removal Pty Ltd 80<br />

OneSteel Wire Pty Limited 74<br />

Winchester Australia Ltd 63<br />

Chemicals, Minerals & Wood Products<br />

Shell Refining (Australia) Pty Ltd 478<br />

Timbertruss <strong>Geelong</strong> Pty Ltd 227<br />

AKD S<strong>of</strong>twoods 187<br />

Blue Circle Southern Cement 130<br />

Local Mix Concrete 70<br />

Rohm and Haas Australia Pty Ltd 56<br />

Calco Timbers Pty Ltd 54<br />

Food<br />

Golden Farms (La Ionica) 491<br />

Bulla Dairy Foods 420<br />

MC Herd Pty Ltd 230<br />

CRF 207<br />

Fonterra 130<br />

Routleys (Vic) Pty Ltd 60<br />

Textiles & Printing<br />

Godfrey Hirst Aust Ltd 605<br />

Riverside Textiles Pty Ltd 121<br />

Express Promotions Australia Pty Ltd 73<br />

Filigree Textiles Pty Ltd 55<br />

Employees (FTE)<br />

Retail & Wholesale Trade<br />

Safeway 1,183<br />

Target (Head Office Operations & Retail) 964<br />

Cotton On (Head Office Operations & Retail) 497<br />

Coles Supermarkets 457<br />

Rex Gorell 295<br />

UG Manufacturing (Quiksilver International) 256<br />

Rip Curl 234<br />

Kmart 164<br />

Bunnings Warehouse 152<br />

Blood Toyota <strong>Geelong</strong> 135<br />

Linencare 112<br />

Winter & Taylor Pty Ltd 92<br />

Fagg’s Mitre 10 92<br />

Harvey Norman 82<br />

Myer 81<br />

Smiths <strong>of</strong> <strong>Geelong</strong> 71<br />

Boomaroo Nurseries 66<br />

BIG W 56<br />

Tasman Market Fresh Meats 55<br />

Happy Hens Egg Farm 47<br />

Rays Outdoors 42<br />

Costa Group <strong>of</strong> Companies 35<br />

Pr<strong>of</strong>essional & Technical Services<br />

G-Force Recruitment 420<br />

SalesForce 291<br />

Powercor 201<br />

<strong>Geelong</strong> Advertiser 157<br />

WHK Group Limited 140<br />

<strong>Geelong</strong> Football Club 138<br />

Skilled Group 121<br />

Mentor 120<br />

Harwood Andrews 112<br />

Callista 99<br />

Davidsons 60<br />

C J Keane & Co. 54<br />

Flight Centre 48<br />

Coulter Roache Lawyers 38<br />

<strong>Geelong</strong> Performing Arts Centre (GPAC) 31<br />

Maxwell Collins Real Estate 30<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>.<br />

FTE - Full Time Equivalent (Employment agency FTE numbers include staff and placements).<br />

* Refers to FTE staff numbers for operations in the Barwon Region only.<br />

(1) Refers to all organisations carrying out aerospace activities at Avalon.<br />

(2) Refers to employment numbers as at June 2008.<br />

no.<br />

/31<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 5 - business pr<strong>of</strong>ile & annual production


S5<br />

BUSINESS PROFILE & ANNUAL PRODUCTION<br />

TABLE 3: Selected Major Employers, Barwon Region, 2009<br />

Employees (FTE)<br />

Health & Social Services<br />

Barwon Health 3,479<br />

Transport Accident Commission (TAC) 763<br />

Karingal Inc 712<br />

Department <strong>of</strong> Human Services 457<br />

St John <strong>of</strong> God Hospital 330<br />

St Laurence Community Services Victoria 308<br />

Colac Area Health 287<br />

Colanda Centre 220<br />

Centrelink Call Centre 218<br />

St John <strong>of</strong> God Pathology 258<br />

GMHBA 120<br />

Centrelink 106<br />

Diversitat 96<br />

Bellarine Community Health 93<br />

Best <strong>of</strong> Care 80<br />

MacKillop Family Services 76<br />

Hesse Rural Health Service 60<br />

Pathways Rehabilitation & Support Services Limited 47<br />

Public Administration & Safety<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 1,357<br />

Australia Post 598<br />

Victoria Police (2) 389<br />

Barwon Water 374<br />

Barwon Prison 289<br />

Surf Coast Shire 223<br />

Colac Otway Shire 206<br />

Marngoneet Correctional Centre 185<br />

Australian Taxation Office 160<br />

VicRoads 146<br />

Golden Plains Shire 139<br />

Borough <strong>of</strong> Queenscliffe 30<br />

no.<br />

Employees (FTE)<br />

Transport & Construction<br />

Kempe International 230<br />

Wettenhalls Transport 133<br />

Gordon McKay 110<br />

Benders Busways 98<br />

McColls Transport 88<br />

Drapers Civil Contracting 85<br />

Worley Parsons 60<br />

Kalari (Transwest Haulage Pty Ltd) 55<br />

<strong>Geelong</strong> Port (Asciano) 51<br />

Peninsula Searoad Transport Pty Ltd 44<br />

Wellam Construction Pty Ltd 42<br />

Josies Transport <strong>Geelong</strong> 37<br />

Education, Training & Research<br />

Department <strong>of</strong> Education 2,333<br />

Deakin University (Waurn Ponds & Waterfront) 1,399<br />

Catholic Education System 1,027<br />

Gordon Institute <strong>of</strong> TAFE 602<br />

<strong>Geelong</strong> Grammar School 233<br />

CSIRO Australian Animal Health Laboratory 225<br />

The <strong>Geelong</strong> College 215<br />

Christian College 202<br />

Kardinia International College 190<br />

PIRVic Marine & Freshwater Science 150<br />

CSIRO Material Science & Engineering Division 115<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>.<br />

FTE - Full Time Equivalent (Employment agency FTE numbers include staff and placements).<br />

* Refers to FTE staff numbers for operations in the Barwon Region only.<br />

(1) Refers to all organisations carrying out aerospace activities at Avalon.<br />

(2) Refers to employment numbers as at June 2008.<br />

no.<br />

/32


Annual Regional PRODUCTION<br />

Gross Regional Product (GRP)<br />

GRP is the total value <strong>of</strong> final goods and services produced in a<br />

region over a one year period, which includes exports but excludes<br />

imports. GRP can be measured by adding up all forms <strong>of</strong> final<br />

expenditure as shown in Table 4 - page 35.<br />

The GRP <strong>of</strong> the Barwon Region in 2009 was $11.4 billion or<br />

$44,000 per capita and the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>’s GRP was<br />

$9.2 billion or $46,376 per capita. The Barwon Region’s GRP per<br />

capita is lower than the Victorian Gross State Product per capita <strong>of</strong><br />

$54,327. This is to be expected due to the Region’s proximity to<br />

Melbourne and its net export <strong>of</strong> workers who contribute to the GRP<br />

<strong>of</strong> the area they work in.<br />

Journey to work data from the 2006 Census shows that 11,100<br />

people travel from the Barwon Region to Melbourne for work each<br />

day and 3,153 travel the other way.<br />

The Region’s GRP per capita is on par with other areas on the<br />

outskirts <strong>of</strong> Melbourne.<br />

Annual Output<br />

The estimated output for the Barwon Region in 2009 was $27.7<br />

billion (see Graph 1 - page 34). Output data refers to gross revenue<br />

generated by businesses and organisations in the Region.<br />

An analysis <strong>of</strong> 109 industry sectors shows that the largest<br />

contributors to GRP in the Barwon Region are:<br />

Petroleum & Coal Products (Manufacturing)<br />

Retail Trade<br />

Motor Vehicles, Parts & Other Transport<br />

Equipment (Manufacturing)<br />

Basic Non-Ferrous Metals & Products (Manufacturing)<br />

Wholesale Trade<br />

<br />

PORT TRADE<br />

$2.5b<br />

$1.9b<br />

$1.8b<br />

$1.3b<br />

$1.2b<br />

Total trade through the <strong>Geelong</strong> Port in 2008/09 reached 10.4m<br />

tonnes, a 3.7% drop on the previous year. Imports declined by 7.0%<br />

to 6.6m tonnes however exports increased by 2.7% to 3.8m tonnes.<br />

Of the imports, 78.3% <strong>of</strong> them were from overseas, 21.4% from<br />

interstate and 0.2% from intrastate. Of the exports, 59.4% <strong>of</strong> them<br />

were sent overseas, 33.2% interstate and 7.4% intrastate.<br />

Annual Exports<br />

The estimated value <strong>of</strong> exports from the Barwon Region in 2009<br />

reached $9.5 billion (see Graph 2 - page 34). Exports refer to<br />

the goods and services produced in the Region, which are sold to<br />

consumers, businesses and governments based outside the Region’s<br />

boundaries. An analysis <strong>of</strong> 109 industry sectors shows that the<br />

largest regional exporters are in the following sectors:<br />

Petroleum & Coal Products (Manufacturing)<br />

Basic Non-Ferrous Metals & Products (Manufacturing)<br />

$2.2b<br />

$1.1b<br />

Motor Vehicles, Parts & Other Transport<br />

Equipment (Manufacturing) $911m<br />

Aircraft (Manufacturing and Repair) $472m<br />

Basic Chemicals (Manufacturing) $459m<br />

Annual Imports<br />

It is estimated that the Barwon Region imported $9.5 billion worth<br />

<strong>of</strong> goods and services in 2009 (see Graph 3 - page 34). Imports<br />

refer to the intermediate goods or services imported into the Region<br />

from anywhere outside the Region’s boundaries. An analysis <strong>of</strong> 109<br />

industry sectors shows that the largest regional importers fall within<br />

the following sectors:<br />

Petroleum & Coal Products (Manufacturing)<br />

Motor Vehicles, Parts & Other Transport<br />

Equipment (Manufacturing)<br />

$2.2b<br />

$1.1b<br />

Basic Non-Ferrous Metals & Products (Manufacturing) $875m<br />

Basic Chemicals (Manufacturing) $427m<br />

Aircraft (Manufacturing & Repair) $382m<br />

Major imports include crude oil and petroleum products (4.7m<br />

tonnes), fertiliser (0.7m tonnes) and alumina/raw materials (0.4m<br />

tonnes). Major exports include petroleum products (1.6m tonnes),<br />

woodchips (1.5m tonnes) and bulk grain (0.4m tonnes).<br />

See Table 5 for more detail - page 35.<br />

/33<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 5 - business pr<strong>of</strong>ile & annual production


S5<br />

BUSINESS PROFILE & ANNUAL PRODUCTION<br />

GRAPH 1: Output by Industry Sector, Barwon Region 2009<br />

Manufacturing<br />

$11,456<br />

Industry (1993 ANZSIC)<br />

Property & Business Services<br />

$2,425<br />

Construction<br />

$2,393<br />

Retail Trade<br />

$1,969<br />

Wholesale Trade<br />

$1,321<br />

Health & Community Services<br />

$1,280<br />

Transport & Storage<br />

$1,017<br />

Education<br />

$975<br />

Accommodation, Cafés & Restaurants $815<br />

Finance & Insurance $786<br />

Government Administration & Defence $749<br />

Agriculture, Forestry & Fishing $733<br />

Electricity, Gas & Water Supply $510<br />

Cultural & Recreational Services $402<br />

Communication Services $375<br />

Personal & Other Services $356<br />

Mining $101<br />

$0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000<br />

Output ($M)<br />

Source: REMPLAN, Economic Modelling and Planning System, Compelling Economics, latest estimates as at December 2008<br />

GRAPH 2: Exports by Industry Sector, Barwon Region 2009<br />

Manufacturing<br />

Industry (1993 ANZSIC)<br />

Construction $367<br />

Retail Trade $322<br />

Property & Business Services $310<br />

Wholesale Trade $271<br />

Agriculture, Forestry & Fishing $252<br />

Transport & Storage $222<br />

Accommodation, Cafés & Restaurants $203<br />

Finance & Insurance $135<br />

Education $111<br />

Electricity, Gas & Water Supply $87<br />

Health & Community Services $38<br />

Mining $35<br />

Government Administration & Defence $19<br />

Cultural & Recreational Services $17<br />

Personal & Other Services $16<br />

Communication Services $9<br />

$7,134<br />

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000<br />

Source: REMPLAN, Economic Modelling and Planning System, Compelling Economics, latest estimates as at December 2008.<br />

Exports ($M)<br />

GRAPH 3: Imports by Industry Sector, Barwon Region 2009<br />

Manufacturing<br />

Industry (1993 ANZSIC)<br />

Construction $489<br />

Retail Trade $368<br />

Property & Business Services $319<br />

Wholesale Trade $219<br />

Accommodation, Cafés & Restaurants $204<br />

Transport & Storage $183<br />

Agriculture, Forestry & Fishing $153<br />

Health & Community Services $117<br />

Government Administration & Defence $102<br />

Education $97<br />

Cultural & Recreational Services $89<br />

Electricity, Gas & Water Supply $88<br />

Finance & Insurance $65<br />

Communication Services $52<br />

Personal & Other Services $39<br />

Mining $26<br />

$6,852<br />

/34<br />

$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000<br />

Imports ($M)<br />

Source: REMPLAN, Economic Modelling and Planning System, Compelling Economics, latest estimates as at December 2008.


TABLE 4: gross regional product, barwon region 2009<br />

Regional Expenditure $M<br />

Household Consumption $10,574<br />

Government Consumption $3,298<br />

Private Gross Fixed Capital Expenditure $4,093<br />

Public Gross Fixed Capital Expenditure $697<br />

Gross Regional Expenses $18,662<br />

plus Exports $9,697<br />

minus Domestic Imports -$13,201<br />

minus Overseas Imports -$3,754<br />

Gross Regional Product $11,404<br />

Source: REMPLAN, Economic Modelling and Planning System, Compelling Economics, latest estimates as at December 2008. GRP is calculated using the expenditure method.<br />

TABLE 5: Trade Through the geelong port 2008/2009<br />

Imports Tonnes % Share Exports Tonnes % Share<br />

Overseas<br />

Overseas<br />

Crude Oil & Petroleum Products 4,212,537 81.4 Woodchips 1,466,364 65.3<br />

Fertiliser 543,475 10.5 Bulk Grain 410,924 18.3<br />

Steel & Iron 179,608 3.5 Petroleum Products 189,464 8.4<br />

Liquid Bulk 97,156 1.9 General 68,195 3.0<br />

Dry Bulk 92,647 1.8 Pine Logs 54,803 2.4<br />

Alumina/Raw Materials 21,923 0.4 Fertiliser 34,295 1.5<br />

Sulphuric Acid 17,270 0.3 Liquid Bulk 11,041 0.5<br />

General 13,400 0.3 Steel & Iron 10,452 0.5<br />

Total Overseas 5,178,016 100.0 Total Overseas 2,245,538 100.0<br />

% <strong>of</strong> Total Imports 78.3 % <strong>of</strong> Total Exports 59.4<br />

Interstate<br />

Interstate<br />

Crude Oil & Petroleum Products 451,885 31.9 Petroleum Products 1,146,857 91.4<br />

Alumina/Raw Materials 361,560 25.5 Fertiliser 66,060 0.4<br />

Dry Bulk 197,264 13.9 General 28,394 2.3<br />

Fertiliser 172,798 12.2 Liquid Bulk 5,608 5.3<br />

Sulphuric acid 135,695 9.6 Crude Oil 8,043 0.6<br />

General 51,293 3.6<br />

Bulk Grain 47,273 3.3<br />

Total Interstate 1,417,768 100.0 Total Interstate 1,254,962 100.0<br />

% <strong>of</strong> Total Imports 21.4 % <strong>of</strong> Total Exports 33.2<br />

Intrastate<br />

Intrastate<br />

Crude Oil & Petroleum Products 11,214 73.6 Petroleum Products 278,762 99.9<br />

Steel & Iron 4,017 26.4 General 276 0.1<br />

Total Intrastate 15,231 100.0 Total Intrastate 279,038 100.0<br />

% <strong>of</strong> Total Imports 0.2 % <strong>of</strong> Total Exports 7.4<br />

TOTAL IMPORTS 6,611,015 100.0 TOTAL EXPORTS 3,779,538 100.0<br />

TOTAL TRADE<br />

10,390,553 tonnes<br />

NUMBER OF VESSELS 619<br />

Gross Tonnage <strong>of</strong> Vessels Entering Port 12,579,000 tonnes<br />

Source: <strong>Geelong</strong> Port and GrainCorp. Apparent errors in percentage totals due to rounding.<br />

/35<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 5 - business pr<strong>of</strong>ile & annual production


S6<br />

education<br />

& training<br />

in this section<br />

> Student Enrolments<br />

> Apprenticeships and Traineeships<br />

Student Enrolments<br />

In 2009 there were 62,239 students enrolled in primary and<br />

secondary education in the Barwon South Western Region, a slight<br />

increase <strong>of</strong> 0.2% on 2008. Enrolments at the Gordon Institute <strong>of</strong><br />

TAFE increased by 16.0% (up to 22,850 enrolments) and course<br />

enrolments at Deakin University’s <strong>Geelong</strong> campuses decreased by<br />

0.7% (down to 13,214 enrolments). See Table 1 - page 37.<br />

For Deakin and Gordon enrolments by course type see Tables 2 and<br />

3 - page 38. For information on Gordon enrolments by student place<br />

<strong>of</strong> residence see Table 4 - page 38.<br />

Apprenticeships and Traineeships<br />

Training by Occupation<br />

As at 31 August 2009 there were 7,585 people undertaking an<br />

apprenticeship or traineeship in the Barwon Region, a slight decrease<br />

<strong>of</strong> 0.4% when compared to the previous year.<br />

Apprenticeships with the largest number <strong>of</strong> people in training<br />

include:<br />

Traineeships with the largest number <strong>of</strong> people in training include:<br />

Retail & Retail Operations<br />

1,052 enrolments<br />

Hospitality & Hospitality Operations 506<br />

Children’s Services 160<br />

Business 159<br />

Business Administration 157<br />

See Table 5 - page 39 for more detail on apprenticeships and<br />

traineeships being undertaken in the Barwon Region.<br />

Training by Age<br />

An analysis <strong>of</strong> people completing an apprenticeship or traineeship<br />

by age shows that the number <strong>of</strong> people in training younger than<br />

25 decreased by 1.7% in 2009, whereas the number <strong>of</strong> people in<br />

training aged over 25 increased by 1.5%.<br />

See Table 6 - page 40 for more detail.<br />

General Construction - Carpentry<br />

523 enrolments<br />

Plumbing 301<br />

Hospitality - Commercial Cookery 289<br />

Electrotechnology - Systems Electrician 217<br />

General Construction - Bricklaying/Blocklaying 166<br />

In 2009 there were<br />

62,239 students enrolled<br />

in primary and secondary<br />

education in the Barwon<br />

South Western Region.<br />

/36


TABLE 1: Student enrolments 2009<br />

School/Institution 2005 2006 2007 2008 2009<br />

BARWON SOUTH WESTERN REGION (1)<br />

Source: Department <strong>of</strong> Education and Early Childhood Development, Gordon Institute <strong>of</strong> TAFE and Deakin University.<br />

(1) Data revised from previously published figures as data previously available for the Barwon Region is now only available for the broader Barwon South Western Region<br />

(whole <strong>of</strong> South West Victoria). Primary enrolments includes special schools.<br />

(2) Data correct as at Aug/Sep <strong>of</strong> the relevant year.<br />

(3) This data provides a snapshot <strong>of</strong> enrolments as at the end <strong>of</strong> May <strong>of</strong> the relevant year. Changes to Deakin’s teaching calendar means that it is not appropriate to compare 2009 with previous<br />

years. Pre-2009 figures include returning students and students admitted for summer and semester 1. The 2009 figures include returning students and students admitted for trimester 1.<br />

% Change<br />

2008-2009<br />

PRIMARY<br />

State 22,355 21,953 21,741 21,353 20,378 -4.6%<br />

Private 7,463 7,441 7,462 7,583 7,755 2.3%<br />

Total 29,818 29,394 29,203 28,936 28,132 -2.8%<br />

PRIMARY/SECONDARY<br />

State 3,641 3,593 3,475 3,359 4,316 28.5%<br />

Private 7,378 7,586 7,746 6,576 6,671 1.4%<br />

Total 11,019 11,179 11,221 9,935 10,987 10.6%<br />

SECONDARY<br />

State 15,573 15,625 15,770 15,642 15,221 -2.7%<br />

Private 5,870 5,913 6,098 7,619 7,900 3.7%<br />

Total 21,442 21,538 21,868 23,261 23,120 -0.6%<br />

BARWON REGION<br />

GORDON INSTITUTE OF TAFE (2)<br />

Full-time 3,800 3,700 4,300 4,040 2,540 -37.1%<br />

Part-time 16,600 15,800 15,700 15,400 19,880 29.1%<br />

Off-campus 500 700 700 260 430 65.4%<br />

Total 20,900 20,200 20,700 19,700 22,850 16.0%<br />

DEAKIN UNIVERSITY (3)<br />

Waurn Ponds & Waterfront Campuses<br />

Full-time 4,816 4,923 5,211 5,449 5,651 3.7%<br />

Part-time 897 776 832 812 805 -0.9%<br />

Off-campus 8,026 7,583 7,307 7,040 6,758 -4.0%<br />

Total 13,739 13,282 13,350 13,301 13,214 -0.7%<br />

/37<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 6 - education & training


S6<br />

Education & Training<br />

TABLE 2: Deakin University - Student Course Enrolments by Course Type, 2009<br />

Course Type On-Campus Off-Campus Total % <strong>of</strong> Total<br />

Higher degree by research 254 82 336 2.5%<br />

Postgraduate coursework 497 4,224 4,721 35.7%<br />

Undergraduate 5,675 2,362 8,037 60.8%<br />

Non-award 30 90 120 0.9%<br />

Total 6,456 6,758 13,214 100.0%<br />

Source: Deakin University, correct as at May 2009.<br />

TABLE 3: Gordon Institute <strong>of</strong> TAFE - Enrolments by AQF Level, 2008<br />

AQF Level Level % <strong>of</strong> Total<br />

0 no level 6.5%<br />

1 Certificate I 3.9%<br />

2 Certificate II 15.5%<br />

3 Certificate III 36.6%<br />

4 Certificate IV 13.4%<br />

5 Diploma 16.3%<br />

6 Advanced Diploma 7.2%<br />

7 Bachelor 0.5%<br />

Total 100.0%<br />

Source: Gordon Institute <strong>of</strong> TAFE, data based on 2008 hours delivered. AQF - Australian Qualifications Framework.<br />

TABLE 4: Gordon Institute <strong>of</strong> TAFE - Enrolments by student location, 2009<br />

Rank Area Enrolments % <strong>of</strong> Total<br />

1 <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> 14,652 67.8%<br />

2 Melbourne 1,948 9.0%<br />

3 Surf Coast Shire 1,027 4.8%<br />

4 Interstate/Overseas 881 4.1%<br />

5 Victoria Other 871 4.0%<br />

6 Colac Otway Shire 838 3.9%<br />

7 Golden Plains Shire 497 2.3%<br />

8 Ballarat 228 1.1%<br />

9 Unknown 675 3.1%<br />

Total 21,617 100.0%<br />

Source: Gordon Institute <strong>of</strong> TAFE, correct as at Oct 2009. Source: Gordon Institute <strong>of</strong> TAFE, correct as at Sept 2009.<br />

/38


TABLE 5: Apprenticeships and Traineeships, Barwon Region (as at 31 August 2009)<br />

Apprenticeships<br />

No.<br />

CIII in General Construction (Carpentry - Framework/Formwork/Finishing) 523<br />

CIII in Plumbing 301<br />

CIII in Hospitality (Commercial Cookery) 289<br />

CIII in Electrotechnology - Systems Electrician 217<br />

CIII in General Construction (Bricklaying/Blocklaying) 166<br />

CIII in Hairdressing 159<br />

CIII in Automotive Mechanical Technology: Auto. Mechanic Light Vehicle 159<br />

CIII in Engineering - Fabrication Trade 110<br />

CIII in Engineering - Mechanical Trade 99<br />

CIII in General Construction (Painting and Decorating) 96<br />

CIII in Electrotechnology - Electrician 72<br />

CIII in Food Processing (Retail Baking - Bread) 70<br />

CIII in Furniture Making (Cabinet Making) 59<br />

CIV in Aeroskills (Mechanical) 52<br />

CIII in General Construction (Wall and Ceiling Lining) 51<br />

CIII in Off-site Construction (Joinery - Timber/Aluminium/Glass) 48<br />

CIII in Meat Processing (Meat Retailing) 44<br />

CIII in Horticulture (Parks and Gardens) 43<br />

CIII in General Construction (Wall and Floor Tiling) 33<br />

CIII in Auto. Mechanical Technology: Auto. Mechanic Heavy Vehicle Road Transport 37<br />

Other Apprenticeships 493<br />

Total Apprenticeships 3,121<br />

Traineeships<br />

No.<br />

CII & III in Retail and Retail Operations 1,052<br />

CII & III & IV in Hospitality and Hospitality Operations 506<br />

Diploma & Advanced Diploma <strong>of</strong> Children's Services 160<br />

CIII & IV in Business 159<br />

CIII & IV in Business Administration 157<br />

CIII & IV in Customer Contact 119<br />

CIII & IV in Disability Work 110<br />

CII in Meat Processing (Abattoirs) 109<br />

CII, III & IV in Food Processing 106<br />

CIII in Childrens Services 102<br />

CIV in Retail Management 96<br />

CIV in Competitive Manufacturing 77<br />

CIII & IV in Aged Care Work 76<br />

CII & III in Asset Maintenance (Cleaning Operations) 70<br />

CII & III in Transport and Logistics (Road Transport) 59<br />

CII, III & IV in Transport & Logistics (Warehousing & Storage) 48<br />

CIV in Hospitality (Commercial Cookery) 45<br />

CIII in Fitness 45<br />

CIV in Health Administration 43<br />

CIII in Home and Community Care 43<br />

Other Traineeships 1,282<br />

Total Traineeships 4,464<br />

Total Apprenticeships & Traineeships 7,585<br />

Source: Department <strong>of</strong> Innovation, Industry and Regional Development. C = Certificate<br />

/39<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 6 - education & training


S6<br />

Education & Training<br />

TABLE 6: Total apprenticeships & traineeships by Age, Barwon Region<br />

Source: Department <strong>of</strong> Innovation, Industry and Regional Development.<br />

As at 31 August<br />

Apprenticeships 2005 2006 2007 2008 2009<br />

Traineeships<br />

Total Apprenticeships & Traineeships<br />

Age<br />

% Change<br />

2008 - 2009<br />

< 19 788 838 903 984 902 -8.3%<br />

20 - 24 1,306 1,390 1,464 1,490 1,515 1.7%<br />

25 - 44 430 486 505 600 618 3.0%<br />

45+ 44 56 49 54 86 59.3%<br />

Total 2,568 2,770 2,921 3,128 3,121 -0.2%<br />

Age<br />

< 19 959 960 998 1,132 1,203 6.3%<br />

20 - 24 1,430 1,277 1,131 1,013 921 -9.1%<br />

25 - 44 2,340 1,993 1,742 1,512 1,514 0.1%<br />

45+ 988 912 941 832 826 -0.7%<br />

Total 5,717 5,142 4,812 4,489 4,464 -0.6%<br />

Age<br />

< 19 1,747 1,798 1,901 2,116 2,105 -0.5%<br />

20 - 24 2,736 2,667 2,595 2,503 2,436 -2.7%<br />

25 - 44 2,770 2,479 2,247 2,112 2,132 0.9%<br />

45+ 1,032 968 990 886 912 2.9%<br />

Total 8,285 7,912 7,733 7,617 7,585 -0.4%<br />

/40


Deakin University had a<br />

number <strong>of</strong> major projects<br />

underway in 2008/09.<br />

> $37m extension <strong>of</strong> its<br />

Waterfront Campus.<br />

> $20m Clinical Teaching<br />

Unit in partnership with<br />

Barwon Health.<br />

> $13m design, pro<strong>of</strong><br />

<strong>of</strong> concept and<br />

manufacturing research<br />

centre at the <strong>Geelong</strong><br />

Technology Precinct.<br />

Deakin University - Waurn Ponds Campus and <strong>Geelong</strong> Technology Precinct /41<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 6 - education and training


S7<br />

Tourism & Major Events<br />

<strong>Geelong</strong> Otway Region = Barwon Region<br />

in this section<br />

> Domestic Day Visitors<br />

> Domestic Overnight Visitors<br />

> International Overnight Visitors<br />

> Peak Overnight Population<br />

> Major Events<br />

Travel to the <strong>Geelong</strong> Otway Region 2008/09<br />

The <strong>Geelong</strong> Otway Region is Victoria’s premier coastal and<br />

hinterland tourist destination. The Region <strong>of</strong>fers a unique range <strong>of</strong><br />

attractions including the <strong>Geelong</strong> Waterfront, Bellarine Peninsula,<br />

Great Ocean Road and Otway Ranges.<br />

Data from Tourism Research Australia shows that the <strong>Geelong</strong> Otway<br />

Region welcomed 5.9 million visitors in 2008/09, up by 0.7% on<br />

the previous year.<br />

Domestic Day Visitors<br />

> The Region attracted 4.3 million domestic daytrip visitors<br />

– up by 11.9% on the previous year.<br />

> During 2008/09 domestic day visitors spent $477m in the<br />

broader <strong>Geelong</strong> Otway Region (whole <strong>of</strong> south west Victoria)<br />

- the sixth largest amount <strong>of</strong> domestic daytrip expenditure in<br />

Australia (ranked behind Sydney, Melbourne, Brisbane, Perth and<br />

the Gold Coast).<br />

Domestic Overnight Visitors<br />

> The Region welcomed 1.6 million domestic overnight visitors<br />

– down by 20.6% on the previous year.<br />

> Domestic overnight visitors spent nearly 4.8 million nights in the<br />

Region – down by 11.7% on the previous year.<br />

International Overnight Visitors<br />

> The Region attracted 95,400 international overnight visitors –<br />

down by 3.3% on the previous year.<br />

> International overnight visitors spent 719,000 nights in the<br />

Region – up by 26.0% on the previous year.<br />

> The largest proportion <strong>of</strong> international visitors were visiting<br />

from the UK (25.9%), New Zealand (9.9%), USA (8.7%) and<br />

Germany (8.5%).<br />

Peak Overnight Population<br />

The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> estimates that the population <strong>of</strong> the<br />

<strong>Geelong</strong> Otway Region on a peak holiday night (such as New Years<br />

Eve) swells to 464,803 people, an increase <strong>of</strong> 73% or 195,390<br />

people on the permanent population. See Table 1 - page 43<br />

for more detail.<br />

Major Events<br />

The <strong>Geelong</strong> Otway Region hosts a diverse range <strong>of</strong> festivals and<br />

events, from world-class surfing and ocean swims to folk music and<br />

wine. The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> alone hosted 26 major events in<br />

2008/09. It is estimated that these events generated $57.8m in<br />

visitor expenditure, supporting 460 full time jobs in the Region.<br />

Following is a selection <strong>of</strong> some <strong>of</strong> the major events held in<br />

2008/09:<br />

> Skandia <strong>Geelong</strong> Week (sailing regatta)<br />

> Pier to Pub Swim - Lorne<br />

> Jayco Bay Cycling Classic - <strong>Geelong</strong><br />

> <strong>Geelong</strong> Ironman 70.3<br />

> Oceania Road Cycling Championships<br />

> 12th Australian Masters Games - <strong>Geelong</strong><br />

> Pako Festa (multicultural street festival) - <strong>Geelong</strong><br />

> The Australian International Airshow<br />

> Rip Curl Pro - Bells Beach, Torquay<br />

> Apollo Bay Music Festival<br />

> National Celtic Festival - Portarlington<br />

> Shoot Out <strong>Geelong</strong> - 24 Hour Filmmaking Festival<br />

> Queenscliff Music Festival<br />

<br />

The <strong>Geelong</strong> Otway Region<br />

welcomed 5.9 million<br />

visitors in 2008/09,<br />

up by 0.7% on the<br />

previous year<br />

> Toast to the Coast<br />

> Falls Music Festival<br />

/42


TABLE 1: Peak overnight population - geelong otway region (dec 2008 - jan 2009)<br />

Area<br />

Permanent<br />

Population 2009<br />

Population<br />

Holiday Homes<br />

Source: <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>, <strong>Geelong</strong> Otway Tourism, Australian Bureau <strong>of</strong> Statistics, RACV, Stayz Pty Ltd and regional tourism operators.<br />

An example <strong>of</strong> a peak weekend is New Years weekend. Municipal totals by suburb and township are not possible as some suburbs and towns cross municipal boundaries.<br />

Assumptions<br />

Population: 2006 Census (place <strong>of</strong> usual residence) population has been projected to the current year using annual growth rates between 2001-2006.<br />

Holiday Homes: Occupied on average by 6 persons. Annual estimates for increases in holiday homes are generated from building approval data.<br />

Caravans/Camping Sites: Occupied on average by 5 persons.<br />

Hotels, Motels, Units and B&Bs: Occupied on average by 2 persons per bedroom (unless specific data on capacity is available).<br />

For <strong>of</strong>ficial population counts by Statistical Local Area see Table 1 page 22<br />

Population<br />

Caravan Parks &<br />

Camping Sites<br />

Population<br />

Hotels, Motels,<br />

Units & B&Bs<br />

Peak Overnight<br />

Population<br />

CITY OF GREATER GEELONG<br />

& BOROUGH OF QUEENSCLIFFE<br />

Urban <strong>Geelong</strong> 167,746 30,212 4,650 2,700 205,308<br />

Bellarine Peninsula:<br />

Barwon Heads 3,573 4,139 2,495 395 10,602<br />

Clifton Springs/Drysdale 11,348 2,759 0 0 14,106<br />

Indented Head 578 3,452 1,235 0 5,266<br />

Ocean Grove 11,902 8,738 7,630 265 28,534<br />

Portarlington 3,137 5,873 7,560 195 16,765<br />

St Leonards 1,787 6,476 1,165 20 9,448<br />

Point Lonsdale (Borough <strong>of</strong> Queenscliffe) 2,615 6,551 780 245 10,191<br />

Queenscliff (Borough <strong>of</strong> Queenscliffe) 1,323 2,426 2,010 840 6,599<br />

Other 2,385 1,219 815 40 4,459<br />

Total Bellarine Peninsula 38,648 41,632 23,690 2,000 105,970<br />

Other Rural <strong>Geelong</strong> Towns 2,832 318 435 20 3,605<br />

SURF COAST SHIRE<br />

Aireys Inlet/Fairhaven/Moggs Creek 1,218 5,109 645 200 7,172<br />

Anglesea 2,269 10,202 3,640 390 16,500<br />

Deans Marsh 649 1,200 0 80 1,929<br />

Jan Juc 3,208 3,123 1,435 70 7,836<br />

Lorne 939 6,609 4,745 2,310 14,604<br />

Torquay (inc. Bellbrae) 9,187 9,399 7,310 1,180 27,076<br />

Winchelsea (Inc. Winchelsea Sth) 2,515 622 0 40 3,177<br />

Surf Coast Rural Towns 2,539 541 65 115 3,259<br />

GOLDEN PLAINS SHIRE 17,191 3,060 0 35 20,285<br />

COLAC OTWAY SHIRE<br />

Apollo Bay/Marengo/Skenes Creek 2,183 7,095 3,655 1,820 14,753<br />

Barwon Downs (inc. Forrest) 327 473 810 35 1,645<br />

Carlisle River 332 468 0 0 799<br />

Colac (inc. Colac West, Colac East & Elliminyt) 11,667 2,655 1,590 395 16,307<br />

Lavers Hill 189 424 0 35 648<br />

Wye River 154 2,190 1,585 70 3,999<br />

Colac Rural Towns 5,621 2,194 1,475 640 9,931<br />

TOTAL GEELONG OTWAY REGION 269,413 127,526 55,730 12,135 464,803<br />

/43<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 7 - tourism & major events


S8<br />

regional NEWS & EVENTS<br />

2008/09 AS REPORTED BY GEELONG MEDIA<br />

Major Construction Projects<br />

July 2008<br />

> Approval is given for Quay Consortium’s $100m WaterMarque<br />

apartment complex in Mercer Street, <strong>Geelong</strong>. The 15-level twin<br />

tower development will include 80 serviced apartments,<br />

77 dwellings and a mix <strong>of</strong> retail and <strong>of</strong>fice space.<br />

> Work on the $200m redevelopment <strong>of</strong> Westfield <strong>Geelong</strong> is<br />

completed. The new centre <strong>of</strong>fers 51,000sqm <strong>of</strong> floorspace and<br />

1,700 carparks.<br />

> Plans are approved for the conversion <strong>of</strong> the former grain silos<br />

in Mercer Street, <strong>Geelong</strong> into 40 residential apartments.<br />

> Plans are approved for the $25m Bayside Tower complex<br />

in Brougham Street, <strong>Geelong</strong>. The seven-storey development<br />

will include residential apartments, a restaurant, café and<br />

commercial/retail space on the ground floor.<br />

August 2008<br />

> The $30m five-storey Harrison Place <strong>of</strong>fice building opens in<br />

Ryrie Street, <strong>Geelong</strong>.<br />

> Plans are approved for the Gordon Institute <strong>of</strong> TAFE’s $15m<br />

redevelopment <strong>of</strong> its East <strong>Geelong</strong> campus. The campus<br />

will house education services for emerging sectors such as<br />

biotechnology.<br />

October 2008<br />

> The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> opens the new $8m Bellarine<br />

Aquatic and Sports Centre in Ocean Grove.<br />

> Plans are unveiled for the $6.5m redevelopment <strong>of</strong> the old<br />

<strong>Geelong</strong> Courthouse that will include improvements to the<br />

facility’s performance studio and <strong>of</strong>fice areas.<br />

> The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> begins construction <strong>of</strong> a<br />

$30m Aquatic Centre in Waurn Ponds.<br />

November 2008<br />

> Approval is given for a $17m <strong>of</strong>fice and apartment complex<br />

in York Street, <strong>Geelong</strong>.<br />

> Construction starts on the seven-storey $15m Pier Point<br />

Apartments along Waterfront <strong>Geelong</strong>. The development will<br />

house 40 apartments and a café/restaurant on the ground floor.<br />

> A new $1.9m Coles Supermarket opens in Shannon Avenue,<br />

<strong>Geelong</strong> West.<br />

January 2009<br />

in this section<br />

> Major Construction Projects<br />

> Infrastructure Projects<br />

> Assest & Residential Development<br />

> Business News<br />

> The <strong>Geelong</strong> Football Club starts work on the $28m<br />

refurbishment <strong>of</strong> Skilled Stadium. Work includes the<br />

redevelopment <strong>of</strong> the Ross Drew Stand to increase capacity<br />

at the facility by 3,500 people (to a total capacity <strong>of</strong><br />

30,000 people).<br />

> Work commences on a $5m refurbishment <strong>of</strong> the Eureka<br />

Hotel in Lt Malop Street, <strong>Geelong</strong>.<br />

> The Federal Government approves funding for the development<br />

<strong>of</strong> a $7m super medical clinic on the corner <strong>of</strong> the Princes<br />

Highway and Reynolds Road, Belmont.<br />

> The $12.5m Pakington Strand development in <strong>Geelong</strong> West<br />

opens, including a supermarket, specialty shops, <strong>of</strong>fice space<br />

and 300 car parks.<br />

Major construction<br />

projects worth over $740m<br />

were underway across<br />

the Region in<br />

2008/09.<br />

/44


February 2009<br />

> <strong>Geelong</strong> Lutheran School opens its new $5m college in<br />

Burvilles Road, Mt Duneed. The college will accommodate<br />

1,050 students ranging from prep to year 12 by 2014.<br />

> The Transport Accident Commission (TAC) <strong>of</strong>ficially opens its<br />

$100m headquarters in Brougham Street, <strong>Geelong</strong>.<br />

The state-<strong>of</strong>-the art energy efficient building, accommodates<br />

the organisation’s 650 staff and includes 15,475sqm <strong>of</strong><br />

commercial <strong>of</strong>fice space, over 1,100sqm <strong>of</strong> retail floor space<br />

and 338 car parks.<br />

March 2009<br />

> The $60m six-level Edgewater development by Solid<br />

Investments is <strong>of</strong>ficially opened. The development includes<br />

36 residential apartments, a retail and restaurant precinct,<br />

ro<strong>of</strong>-top garden, gymnasium, swimming pool and glass atrium.<br />

> A new $2.5m Medical One Centre in Waurn Ponds opens.<br />

The 1,500sqm one-stop-shop facility includes doctors, nurses,<br />

pharmacists, pathologists and other allied health services.<br />

April 2009<br />

> Australian Unity submits an application to build a $50m<br />

expansion <strong>of</strong> the Waurn Ponds Shopping Centre.<br />

The redevelopment will include a new Kmart, a relocated and<br />

expanded Coles Supermarket, Officeworks, liquor outlet and<br />

specialty stores.<br />

> The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> approves plans for a $2.85m<br />

Aldi Supermarket on the corner <strong>of</strong> Torquay and Grove Roads,<br />

Grovedale.<br />

> Greyhound Racing Victoria unveils plans for a $4.6m upgrade<br />

<strong>of</strong> Beckley Park that will include a new grandstand and<br />

racetrack.<br />

June 2009<br />

> Plans are approved for a $9.5m ten-storey student<br />

accommodation building in Brougham Place, <strong>Geelong</strong> that will<br />

include 113 apartments.<br />

> Construction is well underway on the new $8m <strong>Geelong</strong> Fire<br />

Station in Yarra Street, <strong>Geelong</strong>.<br />

INFRASTRUCTURE Projects<br />

July 2008<br />

> VicRoads begins planning for the delivery <strong>of</strong> Section 4b <strong>of</strong><br />

the <strong>Geelong</strong> Ring Road. The $45m, 5km road, will link from<br />

Anglesea Road to the Princes Highway and will provide for<br />

future access to the Surf Coast Highway (Section 4c).<br />

> A report commissioned by the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> and the<br />

State Government identifies a 670ha site along the <strong>Geelong</strong><br />

to Melbourne railway line in Lara, as the preferred site for an<br />

inter-modal transport freight facility.<br />

September 2008<br />

> The final Masterplan nears completion for the development<br />

<strong>of</strong> a Safe Harbour at Portarlington. The Masterplan allows<br />

for a larger commercial fishing fleet, recreational berths, ferry<br />

berth and onshore commercial and recreational facilities. The<br />

development will seek to enhance aquaculture development in<br />

the area and support tourism growth.<br />

October 2008<br />

> Barwon Water starts construction on a $76m bio-solids drying<br />

facility at Black Rock. The fully enclosed facility will transform<br />

waste product from the nearby Black Rock Water Reclamation<br />

Plant into nutrient-rich farm fertiliser and renewable fuel and<br />

is expected to be completed in 2010.<br />

> Barwon Water finalises a business plan for a new $137.9m<br />

Melbourne-<strong>Geelong</strong> Interconnection. The 55km pipeline will<br />

deliver 16,000 million litres <strong>of</strong> drinking water a year, equivalent<br />

to approximately half the region’s current supply.<br />

The project will link <strong>Geelong</strong> to the State water grid and is<br />

critical to meeting the region’s water supply needs for the next<br />

50 years. Construction is scheduled to begin in mid-2010 and<br />

be completed by the end <strong>of</strong> 2011.<br />

> Construction commences on the $35m 6,000sqm<br />

redevelopment <strong>of</strong> Queenscliff Harbour. The new 24-hour<br />

facility will accommodate 280 wet-berths, 100 dry-berths,<br />

30 land storage berths and a retail component.<br />

November 2008<br />

> Construction starts on Barwon Water’s Anglesea Borefield.<br />

The $70m project will supply an average 7,000 million litres<br />

<strong>of</strong> drinking water a year, or 20 per cent <strong>of</strong> the region’s current<br />

demand. The borefield is expected to come on line in<br />

late 2009.<br />

/45<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 8 - regional news & events


s8<br />

regional news & events<br />

INFRASTRUCTURE Projects (continued)<br />

December 2008<br />

> Barwon Water is awarded the contract for the design and<br />

construction <strong>of</strong> the $90m Northern Water Plant near the Shell<br />

Refinery, Corio. The facility will recycle sewage from <strong>Geelong</strong>’s<br />

northern suburbs and supply Shell with Class A recycled water.<br />

February 2009<br />

> Barwon Water approves plans for Stage 1 <strong>of</strong> its new $20m<br />

recycled water plant at Black Rock. The plant will produce<br />

Class A recycled water suitable for residential use and low<br />

salinity Class C recycled water for industry, irrigation and sports<br />

grounds. The new facility is expected to be operational within<br />

three years and will service the new residential suburb <strong>of</strong><br />

Armstrong Creek.<br />

May 2009<br />

> The State Government announces $80m toward improvements<br />

for <strong>Geelong</strong>’s public transport system. Stage 1 ($23m) will<br />

include a new central bus interchange, improved cross town<br />

connections and better links between Deakin University and<br />

V/Line services.<br />

> The $4.3b Regional Rail Express project receives approval<br />

with the Federal ($3.2b) and State ($800m) Government<br />

committing funding to the project. The dedicated 40km dualtrack<br />

from West Werribee to Southern Cross Station will allow<br />

growing regional services from <strong>Geelong</strong>, Ballarat and Bendigo<br />

to avoid scheduling delays behind suburban services.<br />

The project is anticipated to commence in 2009 and is<br />

expected to be completed by 2013.<br />

March 2009<br />

> Construction starts on Section 4a <strong>of</strong> the <strong>Geelong</strong> Ring Road.<br />

The $125m 2.5km extension will provide a direct connection<br />

to Anglesea Road and is due for completion in late 2010.<br />

> Avalon Airport continues to pursue its application to the Federal<br />

Government to become Victoria’s second international airport.<br />

The $30m proposal includes a 7,300sqm passenger terminal<br />

and facilities including quarantine, customs, retailing, dining<br />

and duty free.<br />

June 2009<br />

> The $380m <strong>Geelong</strong> Ring Road (from Corio to Waurn Ponds)<br />

is <strong>of</strong>ficially opened. The 23km freeway link on <strong>Geelong</strong>’s<br />

western outskirts avoids up to 30 sets <strong>of</strong> traffic lights, reducing<br />

north-south travel times to 15 minutes compared to the<br />

previous 25 to 60 minutes.<br />

April 2009<br />

> Federal and State Government funding worth $210m is<br />

secured for the 23km duplication <strong>of</strong> the Princes Highway<br />

between Waurn Ponds and Winchelsea. Planning work is<br />

expected to be completed by December 2009.<br />

> Tenova and McConnell Dowell commence work on the $20m<br />

expansion <strong>of</strong> the Corio Quay north terminal at <strong>Geelong</strong> Port.<br />

The new wharf and dedicated woodchip facility are expected to<br />

be completed by 2010.<br />

Over $5.6b worth <strong>of</strong><br />

regional infrastructure<br />

projects were in planning<br />

and construction phases<br />

during 2008/09.<br />

/46


ASSET & RESIDENTIAL DEVELOPMENT<br />

July 2008<br />

> The CSIRO Australian Animal Health Laboratory in East <strong>Geelong</strong><br />

opens its new Diagnostic Emergency Response Laboratory.<br />

The Federal Government has committed $8.5m to the facility<br />

that will be dedicated to responding to emergency outbreaks<br />

<strong>of</strong> animal diseases and will be a national focal point to help<br />

researchers access specialist laboratories.<br />

August 2008<br />

> The <strong>Geelong</strong> Innovation Centre opens at Deakin University’s<br />

Waurn Ponds campus. The facility is part <strong>of</strong> the Federal<br />

Government’s Enterprise Connect network and will receive<br />

$20m in funding over 4 years. The centre is an advisory<br />

research body that aims to <strong>of</strong>fer small to medium-sized<br />

businesses access to industry skills.<br />

November 2008<br />

> The State Government approves the rezoning <strong>of</strong> land to allow<br />

for development <strong>of</strong> the Armstrong Creek Urban Growth Area.<br />

The growth area is expected to provide for 22,000 homes and<br />

accommodate 60,000 people south <strong>of</strong> <strong>Geelong</strong>’s existing urban<br />

area. The area will provide for a range <strong>of</strong> housing densities, a<br />

sub-regional activity centre, local activity centres, employment<br />

areas, transport networks and open space.<br />

December 2008<br />

> Land around the former Fyansford Cement Works and Quarry<br />

owned by the Moltoni Group is rezoned from industrial to<br />

residential. The development known as Fyansford Green<br />

will allow for 2,000 residential lots as well as retail and<br />

community facilities. Some sites are expected to be available<br />

by early 2010.<br />

January 2009<br />

> The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> commences work on a business<br />

case for the $100m redevelopment <strong>of</strong> the Osborne House<br />

area. The project, known as the <strong>Geelong</strong> Marine Industry<br />

Project, will seek to transform the area into Victoria’s premier<br />

marine industrial precinct and will include manufacturing,<br />

slip/lift facilities, dry-stack facilities, boat storage,<br />

maintenance/repair areas and improved public facilities.<br />

> Barwon Health’s $26.1m Emergency Department upgrade<br />

at the <strong>Geelong</strong> Hospital is completed (stages 1 & 2).<br />

The three-storey state-<strong>of</strong>-the-art facility includes new treatment<br />

and waiting areas, resuscitation bays, expanded emergency<br />

clinics and co-located medical imaging facilities.<br />

Major works on regional assets exceeded<br />

$710m in 2008/09. A number <strong>of</strong> large<br />

scale rezonings were also approved to<br />

allow for new urban development areas.<br />

February 2009<br />

> The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> adopts the $330m Stockland<br />

residential development at Point Lonsdale. The 660-lot<br />

development will be based around a man-made water system<br />

and will provide 86ha <strong>of</strong> public open space, a community<br />

centre, retirement village and aged care facility.<br />

The development is awaiting Ministerial approval.<br />

April 2009<br />

> Work is completed on St John <strong>of</strong> God Hospital’s new $17m<br />

day surgery Specialist Centre. The new 2,000sqm facility<br />

incorporates specialist medical services as well as two fully<br />

operational theatres and an underground car park.<br />

May 2009<br />

> Barwon Health starts planning for a $30m <strong>Geelong</strong> Hospital<br />

upgrade. The development will include a 24-bed surgical ward,<br />

operating theatres, eight new mental health beds and other<br />

theatre and infrastructure upgrades. Design is expected to be<br />

completed in 2010.<br />

> Construction commences on the $20m Clinical Teaching<br />

Unit in Ryrie Street, <strong>Geelong</strong>. The Deakin University – Barwon<br />

Health initiative will provide three above ground levels for<br />

dedicated teaching and research and two levels <strong>of</strong> basement<br />

parking. The first stages <strong>of</strong> the development are due for<br />

completion in early 2010 to coincide with the progression <strong>of</strong><br />

3rd year medical students undertaking their 12 months with<br />

<strong>Geelong</strong> Hospital.<br />

> Deakin University starts construction work on a $13m facility<br />

at the <strong>Geelong</strong> Technology Precinct that will accommodate a new<br />

design, pro<strong>of</strong> <strong>of</strong> concept and manufacturing research centre.<br />

> The State Government earmarks eleven <strong>Geelong</strong> schools for<br />

$41.5m worth <strong>of</strong> upgrades under the first round <strong>of</strong> funding<br />

from the $450m Federal Government ‘Building the Education<br />

Revolution’ program.<br />

June 2009<br />

> $40m refit and repair works commence on the Kan Tan IV<br />

(a 13,000 tonne oil rig). Maritime company, A.P.Moller-Maersk,<br />

have established purpose built facilities at Lascelles Wharf to<br />

undertake work on the rig that will operate in Bass Strait.<br />

> Deakin University opens the $37m extension <strong>of</strong> its Waterfront<br />

Campus. The facility, situated in the redeveloped Dennys<br />

Lascelles Wool Store, will house the University’s Health Precinct<br />

and Alfred Deakin Library (pictured above).<br />

> Developers, Argyle Street Central, commence construction <strong>of</strong><br />

the $30m <strong>Geelong</strong> Private Medical Centre adjacent to the<br />

<strong>Geelong</strong> Private Hospital. The five-storey facility will include<br />

consulting suites, pharmacy, café and pathology centre.<br />

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s8<br />

regional news & events<br />

/48<br />

Business News<br />

July 2008<br />

> Truffleduck is awarded the 2008 <strong>Geelong</strong> Advertiser Business<br />

Excellence Award.<br />

August 2008<br />

> Telstra announces its intention to cut 100 jobs from its <strong>Geelong</strong><br />

Credit Management Call Centre.<br />

September 2008<br />

> Bartter Enterprises (Steggles) announces its intention to close<br />

its production farms in <strong>Geelong</strong> resulting in the loss <strong>of</strong> 25 jobs.<br />

October 2008<br />

> Ocean Grove’s Oakdene Vineyards Restaurant wins the<br />

prestigious <strong>Geelong</strong> Golden Plate Award for Best Chef and Best<br />

Restaurant in the Fine Dining category.<br />

> Ford Australia announces a further reduction to its<br />

Broadmeadows and <strong>Geelong</strong> workforce. This brings the total<br />

number <strong>of</strong> job cuts up to 1,400 over the past 15 months.<br />

> Boomaroo Nurseries completes work on the $8m expansion <strong>of</strong><br />

its Lara facility.<br />

November 2008<br />

> Ford Australia commences $21m worth <strong>of</strong> upgrades to its<br />

<strong>Geelong</strong> plant to allow for the development and construction <strong>of</strong><br />

the I6 engine, which will meet new Euro IV emissions standards<br />

to be introduced in Australia in 2010. The project is supported<br />

by the Federal and State Government and is expected to save<br />

400 jobs at the plant.<br />

> The State Government confirms Bells Beach as the venue for<br />

the Rip Curl Pro Championships for another three years.<br />

December 2008<br />

> Industrial fabrics manufacturer Hyuck Wagner announces<br />

its intention to reduce its <strong>Geelong</strong> workforce by 150 people<br />

by early 2009, retaining only its administration and sales staff<br />

in <strong>Geelong</strong>.<br />

February 2009<br />

> International industrial auctioneer group, Ritchie Bros.<br />

Auctioneers, establish a facility in Broderick Road Corio.<br />

> Notley Engineering announces its intention to close its Moolap<br />

production plant retrenching 13 workers.<br />

> The Gordon Institute <strong>of</strong> TAFE takes over management <strong>of</strong> the<br />

<strong>Geelong</strong> Technical Education Centre (formerly the Australian<br />

Technical College).<br />

> Industrial fabric manufacturer, Melba Industries, announces the<br />

closure <strong>of</strong> its operations resulting in 120 redundancies.<br />

> The <strong>Geelong</strong> Chamber <strong>of</strong> Commerce launches its Survive &<br />

Thrive 09 program to help small to medium enterprises take<br />

positive steps to survive the global financial crisis. The program<br />

consists <strong>of</strong> a series <strong>of</strong> seminars and a mentoring program.<br />

> Local company Air Radiators announces its intention to cut<br />

30 jobs from its <strong>Geelong</strong> workforce.<br />

March 2009<br />

> The 2009 Avalon International Airshow and Aerospace Expo<br />

attracts over 165,000 visitors.<br />

April 2009<br />

> Gold Coast aluminium boat builders, Makocraft, confirms<br />

its decision to relocate its entire operations to Moolap. The<br />

company (recipients <strong>of</strong> the <strong>Geelong</strong> Innovation and Investment<br />

Fund) expects to increase its workforce from 40 to over 80 staff.<br />

> The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> launches its Information<br />

Communications and Technology (ICT) Cluster, an informal<br />

network <strong>of</strong> local private and public companies that will work<br />

together to position <strong>Geelong</strong> as the State’s major ICT precinct and<br />

grow local industry. The State Government has provided $100,000<br />

over two years towards the development <strong>of</strong> the Cluster.<br />

> Ford Australia opens its $20m Advanced Centre for Automotive<br />

Research and Testing (ACART). The centre built in partnership<br />

between the State Government and University <strong>of</strong> Melbourne,<br />

includes a multi-fuel emissions cell, an environmental testing<br />

laboratory and an engine dynamometer facility.<br />

May 2009<br />

> Breakwater firm, FE Technologies, is awarded a $1.4m<br />

contract to install a new collection management system across<br />

the Australian Capital Territory’s library service.<br />

> Onesteel Wire announces its intention to cut 19 jobs (from its<br />

workforce <strong>of</strong> 92) from its North Shore plant.<br />

> The second-round <strong>of</strong> successful applicants for the <strong>Geelong</strong><br />

Innovation and Investment Fund (GIIF) is announced. A total<br />

<strong>of</strong> $21m worth <strong>of</strong> investment and 326 jobs are expected to<br />

be created from projects at RPC Technologies, Dulhunty Power<br />

Ltd, Backwell Group, <strong>Geelong</strong> Galvanizing, <strong>Geelong</strong> Glass and<br />

Aluminium, Insulpak, Express Promotions, ASCO Fertilizers, All<br />

Areas Replace a Glass, Quality Australian Farmed Rabbit and<br />

Loxley Trading.<br />

> <strong>Geelong</strong> fertiliser plant, Incitec Pivot, announces plans to close<br />

its North Shore plant by the end <strong>of</strong> June 2009. The closure will<br />

result in 29 job losses from a total workforce <strong>of</strong> 80.<br />

June 2009<br />

More than $70m worth<br />

<strong>of</strong> business investment<br />

was announced in<br />

2008/09.<br />

> Automotive plastics firm, MHG, strikes a deal with CSR<br />

Viridian to take over its <strong>Geelong</strong> operations saving the jobs <strong>of</strong><br />

60 employees at the North <strong>Geelong</strong> plant.


S5 s9<br />

glossary &<br />

Business Services<br />

Definitions<br />

<strong>Geelong</strong> Region<br />

Includes the Local Government Areas (LGAs) <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Greater</strong><br />

<strong>Geelong</strong>, Borough <strong>of</strong> Queenscliffe, Surf Coast Shire and the Golden<br />

Plains Shire.<br />

Barwon Region<br />

Includes the Local Government Areas (LGAs) <strong>of</strong> the <strong>City</strong> <strong>of</strong> <strong>Greater</strong><br />

<strong>Geelong</strong>, Surf Coast Shire, Borough <strong>of</strong> Queenscliffe, Golden Plains<br />

Shire and the Colac Otway Shire.<br />

Barwon – Western District<br />

Refers to the whole <strong>of</strong> south-west Victoria from Little River to the<br />

South Australian border.<br />

<strong>Geelong</strong> Otway Region<br />

A tourism region that covers the same area as the Barwon Region<br />

shown above.<br />

Statistical District<br />

Consists <strong>of</strong> selected, significant and predominantly urban areas<br />

within Australia, which are not located within a Capital <strong>City</strong><br />

Statistical Division.<br />

in this section<br />

> Definitions<br />

> Business Services<br />

> Useful Websites<br />

Estimated Resident Population (ERP): The Estimated Resident<br />

Population is an <strong>of</strong>ficial estimate <strong>of</strong> the number <strong>of</strong> people who<br />

usually reside in an area. The estimate is based on population<br />

counts derived from the Census <strong>of</strong> Population and Housing by place<br />

<strong>of</strong> usual residence and a mathematical model is used to calculate<br />

intercensal growth. Independent <strong>indicators</strong> <strong>of</strong> population change,<br />

such as dwelling approvals and Medicare enrolments are also used.<br />

Data on births, deaths, net migration and natural increases is used<br />

to calculate movements in age.<br />

Usual Residence Population: Usual residence population is<br />

derived from the Census. It is based on the place where a person<br />

usually lives, rather than the place where they were counted on<br />

Census night.<br />

ABS data reproduced with permission <strong>of</strong> the Australian Bureau<br />

<strong>of</strong> Statistics (www.abs.gov.au)<br />

This document may not be reproduced without the permission <strong>of</strong><br />

the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>.<br />

The information contained in this publication is given in good faith<br />

and has been derived from sources believed to be reliable and<br />

accurate. However, neither the <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong> nor any<br />

persons involved in the preparation <strong>of</strong> this publication accept any<br />

form <strong>of</strong> liability whatsoever for its contents, including opinions,<br />

advice, information or any consequences arising from its use.<br />

/49<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 9 - glossary & business services


S9<br />

statistical local areas geography<br />

4<br />

5<br />

statistical local areas<br />

(SLA), barwon region<br />

3<br />

9<br />

8<br />

7<br />

6<br />

1<br />

2<br />

11<br />

Local Government Area<br />

<strong>Greater</strong> <strong>Geelong</strong> (C)<br />

10<br />

Golden Plains (S)<br />

Surf Coast (S)<br />

Colac Otway (S)<br />

Queenscliffe (B)<br />

/50<br />

Statistical Local Area<br />

1. <strong>Greater</strong> <strong>Geelong</strong> - Pt A<br />

Bellarine Inner SLA: Leopold, Moolap, Newcomb, St Albans Park, Whittington.<br />

Corio Inner SLA: Bell Park, Bell Post Hill, Corio, Fyansford, Hamlyn Heights, Lara<br />

(also extends into <strong>Greater</strong> <strong>Geelong</strong> Pt C SLA), Lovely Banks, Norlane,<br />

North <strong>Geelong</strong> (also extends into <strong>Geelong</strong> West SLA), North Shore.<br />

<strong>Geelong</strong> SLA: Breakwater, East <strong>Geelong</strong>, <strong>Geelong</strong> <strong>City</strong> (also extends into <strong>Geelong</strong><br />

West SLA), South <strong>Geelong</strong>, Thomson.<br />

<strong>Geelong</strong> West SLA: Drumcondra, <strong>Geelong</strong> West, Herne Hill (also extends into Corio<br />

Inner SLA), Manifold Heights, Rippleside.<br />

Newtown SLA: Newtown.<br />

South Barwon SLA: Belmont, Grovedale, Highton, Marshall, Mount Duneed (also<br />

extends into Surf Coast - East SLA), Wandana Heights, Waurn Ponds.<br />

2. <strong>Greater</strong> <strong>Geelong</strong> - Pt B<br />

Barwon Heads, Breamlea, Clifton Springs, Connewarre, Curlewis, Drysdale,<br />

Indented Head, Marcus Hill, Ocean Grove, Portarlington, St Leonards, Wallington.<br />

3. <strong>Greater</strong> <strong>Geelong</strong> - Pt C<br />

Anakie, Balliang, Batesford (also extends into Golden Plains - South East SLA),<br />

Little River.<br />

4. Golden Plains - North West<br />

Berringa, Cambrian Hill, Enfield, Haddon, Linton, Napoleans, Ross Creek, Scarsdale,<br />

Smythesdale, Smythes Creek, Wallinduc.<br />

5. Golden Plains - South East<br />

Bannockburn, Dereel, Inverleigh, Lethbridge, Meredith, Rokewood, Stonehaven,<br />

Sutherlands Creek, Teesdale.<br />

6. Surf Coast - East<br />

Bellbrae (also extends into Surf Coast - West SLA), Freshwater Creek, Gnarwarre,<br />

Jan Juc, Moriac, Torquay.<br />

7. Surf Coast - West<br />

Aireys Inlet, Anglesea, Deans Marsh, Fairhaven, Gherang, Lorne, Moggs Creek,<br />

Winchelsea, Winchelsea South.<br />

8. Colac Otway - North<br />

Barongarook, Barongarook West, Barwon Downs, Beeac, Birregurra, Bundador,<br />

Colac West, Cororooke, Cressy, Dreeite, Irrewarra, IIrrewillipe, Larpent, Nalangil,<br />

Ombersley, Warrion, Yeodene.<br />

9. Colac Otway - Colac<br />

Colac, Elliminyt.<br />

10. Colac Otway - South<br />

Apollo Bay, Carlisle River, Forrest, Gellibrand, Kawarren, Lavers Hill, Marengo,<br />

Skenes Creek, Wye River.<br />

11. Queenscliffe<br />

Point Lonsdale (also extends into <strong>Greater</strong> <strong>Geelong</strong> Pt B), Queenscliff.


s9<br />

Business Services &<br />

Useful websites<br />

Business Services<br />

The <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>’s Economic Development Unit is<br />

<strong>Geelong</strong>’s peak agency for business and investment support.<br />

While delivering projects that grow and diversify the economy, the<br />

Unit also works one-on-one with businesses looking to invest or<br />

expand within <strong>Geelong</strong>.<br />

Economic Development <strong>of</strong>fers the following services to the<br />

business community:<br />

> A dedicated business facilitation group that brings together key<br />

staff to facilitate and expedite investment enquiries.<br />

> Assistance with the identification <strong>of</strong> potential land or buildings to<br />

suit business needs.<br />

> Introductions to peak industry bodies, local networking groups,<br />

infrastructure providers, education & research organisations and<br />

other regional businesses.<br />

> Linkages to business support programs.<br />

> Provision <strong>of</strong> local knowledge and market research information.<br />

> Business visits to support individual business needs.<br />

> Advocacy on behalf <strong>of</strong> local businesses to support local industry<br />

and jobs.<br />

Design & Production: GSDM JN 9357<br />

Photography: GSDM, Katrina Lawerence, <strong>Geelong</strong> Otway<br />

Tourism, Victorian Regional Channels Authority<br />

and <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong>.<br />

© Copyright <strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

useful websites<br />

For additional data resources and information on business<br />

support services, visit the following websites:<br />

Local<br />

www.geelongaustralia.com.au<br />

(related resources: ‘Monthly Key Economic Indicators’,<br />

‘<strong>Geelong</strong> Community Pr<strong>of</strong>ile’ & ‘<strong>Geelong</strong> Population Forecast’)<br />

www.g21.com.au<br />

(related resource: ‘G21 Community, Health<br />

& Wellbeing Pr<strong>of</strong>ile 2009’)<br />

www.geelongotway.org<br />

(<strong>Geelong</strong> Otway Tourism)<br />

www.centralgeelong.com.au<br />

(Central <strong>Geelong</strong> Marketing)<br />

www.geelongchamber.com.au<br />

(<strong>Geelong</strong> Chamber <strong>of</strong> Commerce)<br />

www.committeeforgeelong.com.au<br />

(Committee for <strong>Geelong</strong>)<br />

http://users.tpg.com.au/gmc/<br />

(<strong>Geelong</strong> Manufacturing Council)<br />

State<br />

www.business.vic.gov.au<br />

(Business Victoria)<br />

www.diird.vic.gov.au<br />

(Department <strong>of</strong> Innovation, Industry and Regional Development)<br />

www.sbms.com.au<br />

(Small Business Mentoring Service)<br />

www.dpcd.vic.gov.au<br />

(related resource: ‘Victoria in Future 2008’)<br />

www.land.vic.gov.au<br />

(related resource: ‘A Guide to Property Values’)<br />

www.transport.vic.gov.au<br />

(related resource: ‘Victorian Transport Statistics Portal’)<br />

www.tourism.vic.gov.au (Tourism Victoria)<br />

www.investvictoria.com.au (Invest Victoria)<br />

www.ausindustry.gov.au (AusIndustry)<br />

www.austrade.gov.au (AusTrade)<br />

www.sbc.vic.gov.au (Small Business Commissioner)<br />

www.icn.org.au (Industry Capability Network)<br />

FEDERAL<br />

www.abs.gov.au (Australian Bureau <strong>of</strong> Statistics)<br />

www.enterpriseconnect.gov.au (Enterprise Connect)<br />

www.ato.gov.au/business (Australian Taxation Office)<br />

www.deewr.gov.au<br />

(related resource: ‘Small Area Labour Markets’)<br />

/51<br />

<strong>economic</strong> <strong>indicators</strong> bulletin 2008/09 - city <strong>of</strong> greater geelong section 9 - business services & Useful websites


other<br />

publications<br />

The <strong>City</strong>’s ECONOMIC INDICATORS<br />

BULLETIN is one <strong>of</strong> many<br />

publications outlining opportunities<br />

in <strong>Geelong</strong>. More information can<br />

be obtained by visiting our website<br />

or contacting us directly via phone<br />

or email.<br />

<strong>City</strong>Scope - <strong>Geelong</strong><br />

Investment News<br />

Discover<br />

<strong>Geelong</strong> DVD<br />

<strong>Geelong</strong><br />

Fast Facts<br />

<strong>Geelong</strong>:<br />

Open for Business<br />

<strong>Geelong</strong> Employment<br />

and Land Opportunities<br />

Invest<br />

<strong>Geelong</strong><br />

Lifestyle<br />

<strong>Geelong</strong><br />

Skilled<br />

Migration<br />

<strong>City</strong> <strong>of</strong> <strong>Greater</strong> <strong>Geelong</strong><br />

Economic Development, Planning<br />

& Tourism<br />

131 Myers Street, <strong>Geelong</strong> Victoria 3220<br />

PO BOX 104 <strong>Geelong</strong> Victoria 3220<br />

Telephone: (03) 5272 4888<br />

Facsimile: (03) 5272 4855<br />

Email: ecoinfo@geelongcity.vic.gov.au<br />

Have your say online now - click here<br />

We would welcome any feedback on the<br />

Economic Indicators Bulletin to help with our<br />

objective <strong>of</strong> continual improvement.<br />

<strong>Geelong</strong> Economic Development<br />

Strategy 2005-2010<br />

Careers in<br />

Biotechnology<br />

WWW.GEELONGAUSTRALIA.COM.AU<br />

WWW.GEELONGAUSTRALIA.COM.AU

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