GOLD COAST CITY ECONOMIC PROFILE by lindayy

VIEWS: 26 PAGES: 2

More Info
									                                                                              GOLD COAST CITY
                                                                              ECONOMIC PROFILE
                                                                                                                              June 2008



                                                                              ECONOMIC QUICKFACTS

                                                                               Economic Quick Facts
                                                                               Population (June 2007)                                        483,212
                                                                               Population (June 2006)                                        466,651
                                                                               Population Growth Rate (96-07)                                   4.5%
Source: Gold Coast City Council                                                Unemployment Rate (April 2008)                                   3.7%
                                                                               Gross Regional Product (2008)                                  $15.6B
MAJOR PROJECTS                                                                Source: ABS Labour Force Survey April 2008; National Institute of Economic
                                                                              and Industry Research (NIEIR) SEQ 2007; Gold Coast City Council Social
                                                                              Profiling ID
Major Projects in Excess of $10M
(As at October 2007)
Type                                                    Value ('000)
Apartment Types                                                $15,731        GRP GROWTH
Residential Projects                                           $22,749
Land Projects                                                   $6,877                      Gross Regional Product ($ billion)
Retirement Projects                                             $1,753         20.0
Commercial/Retail/Industrial Projects                           $5,716                                                                       17.3
                                                                               18.0
                                                                                                                             15.6
Resort/Hotel/Tourist                                            $4,070         16.0                         14.2
Refurbishment                                                     $853         14.0
                                                                               12.0
Infrastructure                                                  $8,606                      9.7
                                                                               10.0
Total                                                          $66,357          8.0
Source: Colliers International Economic Development Map 2007 .                  6.0
                                                                                4.0
                                                                                2.0
REGISTERED BUSINESSES                                                           0.0
                                                                                            2001            2006             2008            2011

                                                                                                           Years
                                           Number of Businesses
                                                                              Source: National Institute of Economic & Industry Research (NEIR) SEQ
Type of Business                           registered                         Nov 2007
Private Companies                                        38,523
Public Companies                                            855
Sole Traders                                            106,295               COMMERCIAL PROPERTIES
Limited Partnerships                                        199
Other Partnerships                                       12,537
                                                                               Commercial Property Market
Other Incorporated Entity                                 1,230
Other Unincorporated Entity                                 703                Average Capital Values
Co-operatives                                                42                (Yatala)                                         $1,270 -$2,350
Source: www.business.gov.au                                                    Prime Industrial Rentals
                                                                               (Yatala)                                               $115 -$125
Note: These figures were correct as at 14 May 2008. Figures represent those
businesses that had an active ABN on the above stated date. The above          Total Office Space                                        384,565
registered businesses are based on postcodes areas 4205 to 4230. Some
postcodes cross local government boundaries. Data is sourced from the ATO
                                                                               Office Vacancy Rates                                         6.3%
and while businesses are required by law to update information, the above     Source: Colliers International CBD Office Market Indicators Report Autumn
                                                                              2008; CBRE Richard Ellis Market View Gold Coast 3Q 2007.
figures may not be complete or accurate.




                                                            www.businessgc.com.au
 INDUSTRY OF EMPLOYMENT
 Gold Coast City
 Industry                                   Feb 08 ('000)                              %
 Agriculture, Forestry and
                                                                                                     EMPLOYMENT
 Fishing                                                     200                  0.1%                                                                           Mar-08           Apr-08
 Mining                                                      900                  0.3%                                                                            (‘000)           (‘000)
                                                                                                     Gold Coast City
 Manufacturing                                          21,500                    8.3%               Employed Full Time                                           183.3            179.5
 Electricity, Gas and                                                                                Employed Part Time                                            75.1              78.1
 Water Supply                                              700                   0.3%                Employed Total                                               258.4            257.7
 Construction                                           41,200                  15.9%                Unemployed - f/t                                               5.4                 7
 Wholesale Trade                                          9,600                   3.7%               Unemployed - p/t                                               2.5               2.8
                                                                                                     Unemployed Total                                               8.0               9.8
 Retail Trade                                           42,400                  16.3%
                                                                                                     Labour Force                                                 266.4            267.5
 Accommodation, Cafes
                                                                                                     Not in Labour Force                                          141.0            140.8
 and Restaurants                                        18,800                    7.2%
                                                                                                     Civilian Population                                          407.4            408.3
 Transport and Storage                                  12,900                    5.0%               Unemployment Rate (%)                                        3.0%              3.7%
                                                                                                     Participation Rate (%)                                      65.4%            65.5%
 Communication Services                                   3,300                   1.3%               Source: ABS Regional Labour Force Survey April 2008


 Finance and Insurance                                    6,900                   2.7%
 Property and Business
 Services                                               35,600                  13.7%
 Government
 Administration and                                                                                      POPULATION
 Defence                                                  6,200                   2.4%
 Education                                              10,300                    4.0%                                                    Gold Coast City Population 1996 -2007
 Health and Community
 Services                                               24,700                    9.5%                                          600,000
                                                                                                            Number of Persons




 Cultural and Recreational                                                                                                      500,000

 Services                                               13,100                    5.1%                                          400,000

 Personal and Other                                                                                                             300,000
                                                                                                                                200,000
 Services                                               11,200                    4.3%
                                                                                                                                100,000
 Total                                                259,353                 100.0%
                                                                                                                                     0
   Source: ABS Regional Industry of Employment Data                                                                                           1996        2001           2006       2007
                                                                                                                                                                  Year               Populat ion

 QUALIFICATIONS
                                                                                                        Source: Gold Coast City Council Social Profiling ID.
 Highest Qualification
 Achieved (persons aged
 15 years and over)                                          2006                      %
 Bachelor or Higher degree                                  39,929              11.3%
 Advanced Diploma or                                        26,470
 Diploma                                                                         7.5%
 Vocational                                                67,046               18.9%
 No qualifications                                        165,796               46.8%
 Not Stated                                                55,002               15.5%
 Total                                                    354,243               100%
   Source: Gold Coast City Council Social Profiling ID


Disclaimer: Any representation, statement, opinion or advice, expressed or implied in this publication is made in good faith but on the basis that the Gold Coast City Council, its agents and
employees are not liable (either by reason of negligence, lack of care or otherwise) to any person for any damage or loss whatsoever which has occurred or may occur in relation to that
person taking or not taking (as the case may be) action in respect of any representations, statement or advice referred to above.


                                                                   www.businessgc.com.au

								
To top