Albury Economic Indicators - eservice.alburycity.nsw.gov.au

Albury Economic Indicators

December 2019

Introduction 2Local Government Areas 3

Area Snapshot 4

Economy 6Key Findings 7

Economic Structure 8

Value-Add by Sector 10

Business in Albury Wodonga 11

Employment Profile 12

Labour Force 13

Employee Percentage by Sector 14

Demographics and Population 16Key Findings 17

Population 18

Forecast Population 19

Demographics 20

Educational Profile 22

University Student Enrolments 22

Development 24 Key Findings 25

Construction Certificates 27

Property Trends 27

Appendices 28Appendix 1 - Employment Profile 28

Appendix 2 - Labour Force 30

Appendix 3 - Employee Numbers by Sector 31

Appendix 4 - Population 32

Appendix 5 - Forecast Population 32

Appendix 6 - Demographics 34

Contents

1

Splitters Creek

East Albury

SouthAlbury

Albury

North Albury

Lavington

Glenroy

Hamilton Valley

Springdale Heights

Lake Hume Village

Leneva

Castle Creek

Huon Creek

WodongaBandiana

Baranduda

Staghorn

Ebden

Bonegilla

Gateway Island

West Wodonga

Albury

New South Wales

Victoria

Wodonga

Barawartha North

Killara

Table Top

Ettamogah

Thurgoona

Wirlinga

West Albury

Introduction

The Economic Indicators Report provides a range of valuable economic, demographic and development statistics for a variety of users. Updated biannually, this report is an important source of timely and relevant statistical data.

The information contained in the Albury Economic Indicators is provided for the Albury Local Government Area (LGA) and the combined LGAs of Albury and Wodonga. Where appropriate, these datasets are benchmarked against other major regional LGAs in New South Wales, Victoria and Queensland.

Local Government Areas

Albury Economic Indicators December 2019 3

Area Snapshot

53,767 Albury population (2018)

95,196 Albury Wodonga population (2018)

19th largest city in AustraliaAlbury Wodonga

1.5% Albury annual population growth rate in the 2017-18 financial year

67,427Albury population expected by 2036

180,000 Regional catchment population

39 yearsAlbury median age

4,619 Albury businesses

7,496 Albury Wodonga businesses

24,243 Albury jobs

307km2 Size of Albury local government area

$1,185Albury median weekly household income

$344,000 Albury median house price

$3.8 billionAlbury Gross Regional Product (value of final goods and services produced in one year)


The economic information in this report has been compiled using a variety of data sources, including:

• REMPLAN Regional Economic Modelling software. This program utilises national account data, which is modified to reflect the cross-border economic influence.

• Australian Bureau of Statistics (ABS), 2016 Australian Census.

• Department of Jobs and Small Business – jobs.gov.au

Economy

Key Findings

Gross Regional Product

• As at June 2018, the Albury and Wodonga LGAs had a combined Gross Regional Product (GRP) valued at approximately $7.2 billion.

• As at June 2018, the Albury LGA had a GRP valued at approximately $3.8 billion.

• The Albury Wodonga economy is dominated by the ‘Public Administration & Safety,’ ‘Rental, Hiring & Real Estate Services’ and ‘Health Care & Social Assistance’ sectors in terms of value- added.

• Between 2017 and 2018, the most significant percentage growth was experienced in the ‘Mining’, ‘Agriculture, Forestry & Fishing,’ Wholesale Trade’, ‘Administrative & Support Services’ and ‘Construction’ sectors.

• The sectors that experienced a softening in value-added performance between 2017 and 2018 included ‘Manufacturing’ and Information Media & Telecommunications’.

Employment

• 16.2% of Albury Wodonga’s employment is provided by the ‘Health Care & Social Assistance’ sector closely followed by the ‘Retail’, ‘Public Administration & Safety’ and ‘Construction’ sectors.

• The most prominent types of positions held by the Albury Wodonga population are ‘Professionals’ (18.2%) and ‘Technicians & Trade Workers’ (15.5%).

• The largest percentage change in Albury Wodonga’s employment profile from the 2011 to 2016 Census was the decrease in the number of people employed in the ‘Manufacturing’ sector, down 3.6 percentage points to 9.2%, and ‘Retail Trade’ employees down 2.6 percentage points to 11.7%

• As at June 2018, Albury’s labour force was 24,243 compared to 22,818 in June 2017, an increase of 6.2%.


Economic Structure

AlburyRegional Output

($M)Regional

Imports ($M)Regional

Exports ($M) Employment

(No.)Wages &

Salaries ($M)

Manufacturing 1,343 757 748 1,888 164

Construction 1,094 164 224 2,347 168

Rental, Hiring & Real Estate Services 758 62 40 387 38

Financial & Insurance Services 430 49 96 631 78

Wholesale Trade 266 38 41 660 86

Public Administration & Safety 436 43 168 2,184 228

Retail Trade 395 39 121 3,394 157

Health Care & Social Assistance 599 56 189 4,612 351

Professional, Scientific & Technical Services 326 49 13 1,202 115

Accommodation & Food Services 330 103 128 2,352 94

Transport, Postal & Warehousing 327 73 93 1,123 75

Education & Training 358 32 89 2,352 218

Information Media & Telecommunications 169 35 26 310 27

Other Services 161 26 48 1,166 50

Administrative & Support Services 221 24 23 831 108

Electricity, Gas, Water & Waste Services 195 25 33 243 26

Agriculture, Forestry & Fishing 94 23 41 246 9

Arts & Recreation Services 39 9 2 220 9

Mining 10 2 6 15 1

Total $7,551 $1,609 $2,127 26,163 $2,002

Source: REMPLAN Economic Modellling Software Published August 2019 (2018 Release 2)

Economic Structure

Albury WodongaRegional Output

($M)Regional

Imports ($M)Regional

Exports ($M) Employment

(No.)Wages &

Salaries ($M)

Manufacturing 3,150 1,749 1,802 4,227 373

Construction 2,050 314 240 4,354 319

Rental, Hiring & Real Estate Services 1,272 131 61 584 56

Financial & Insurance Services 610 81 138 904 113

Wholesale Trade 474 70 73 1,178 153

Public Administration & Safety 1,536 180 969 4,798 687

Retail Trade 630 76 134 5,406 250

Health Care & Social Assistance 969 98 245 7,467 570

Professional, Scientific & Technical Services 518 90 20 1,910 183

Accommodation & Food Services 473 127 116 3,447 137

Transport, Postal & Warehousing 676 132 193 2,304 154

Education & Training 631 58 157 4,140 386

Information Media & Telecommunications 249 67 33 458 42

Other Services 283 50 72 1,991 89

Administrative & Support Services 410 52 53 1,548 200

Electricity, Gas, Water & Waste Services 304 43 41 385 39

Agriculture, Forestry & Fishing 185 46 80 465 20

Arts & Recreation Services 74 19 4 409 17

Mining 22 5 10 42 4

Total $14,516 $3,389 $4,439 46,017 $3,791



Value-Add

Albury2017

Value-add ($M)

2018Value-add

($M)%

Manufacturing 253 251 -0.7%

Construction 319 327 2.7%

Rental, Hiring & Real Estate Services 493 515 4.4%

Financial & Insurance Services 268 285 6.6%

Wholesale Trade 125 138 9.8%

Public Administration & Safety 269 274 2.0%

Retail Trade 236 241 2.4%

Health Care & Social Assistance 400 413 3.2%

Professional, Scientific & Technical Services 149 160 7.4%

Accommodation & Food Services 141 142 0.9%

Transport, Postal & Warehousing 137 139 1.4%

Education & Training 239 247 3.2%

Information Media & Telecommunications 66 66 -0.4%

Other Services 69 73 7.1%

Administrative & Support Services 126 129 2.8%

Electricity, Gas, Water & Waste Services 85 88 4.4%

Agriculture, Forestry & Fishing 35 42 20.2%

Arts & Recreation Services 14 14 3.3%

Mining 3 5 48.5%

Total $3,425 #3,550 3.6%


Albury Wodonga2017

Value-add ($M)

2018Value-add

($M)%

Manufacturing 658 620 -5.7%

Construction 615 626 1.8%

Rental, Hiring & Real Estate Services 839 876 4.4%

Financial & Insurance Services 382 407 6.5%

Wholesale Trade 224 246 9.8%

Public Administration & Safety 882 923 4.6%

Retail Trade 375 385 2.4%

Health Care & Social Assistance 648 669 3.2%

Professional, Scientific & Technical Services 236 254 7.4%

Accommodation & Food Services 204 206 0.9%

Transport, Postal & Warehousing 298 305 2.6%

Education & Training 423 437 3.3%

Information Media & Telecommunications 98 97 -1.0%

Other Services 122 131 7.0%

Administrative & Support Services 232 239 2.8%

Electricity, Gas, Water & Waste Services 131 136 4.2%

Agriculture, Forestry & Fishing 70 83 18.1%

Arts & Recreation Services 25 26 3.2%

Mining 8 11 40.7%

Total $6,470 $6,674 3.2%

Businesses in Albury Wodonga

4,619Albury

7,496 Albury Wodonga

2,718 Albury non-employing

businesses

5Albury businesses

with 200+ employees

127Albury businesses with 20-199 employees

1,769Albury businesses

with 1-19 employees


Employment Profile

Albury Albury Wodonga

Managers

2%

0%

4%

6%

8%

10%

12%

14%

16%

18%

20%

Professionals Technicians & trade

workers

Inadequately described

Community & personal

service workers

Clerical & administrative

workers

Sales workers

Machinery operators &

drivers

Labourers

Labour Force Trends

Employment Type

Perc

enta

ge June 2015

10,000

0

20,000

30,000

40,000

December 2015

June 2016

December 2016

June 2018

June 2017

December 2017

Num

ber o

f Peo

ple

June 2015

December 2015

June 2016

December 2016

June 2018

June 2017

December 2017


10,000

0

20,000

30,000

40,000

50,000

60,000

Num

ber o

f Peo

ple

Refer to Appendix 1 for more details.



Employee Percentage by Sector

Albury

Hea

lth C

are

Soc

ial A

ssis

tanc

e

2%

0%

4%

6%

8%

10%

12%

14%

16%

18%

20%

Educ

atio

n Tr

aini

ng

Oth

er S

ervi

ces

Who

lesa

le T

rade

Fina

ncia

l In

sura

nce

Serv

ices

Rent

al, H

iring

Rea

l Est

ate

Serv

ices

Info

rmat

ion

Med

ia

Tele

com

mun

icat

ions

Agr

icul

ture

, For

estr

y F

ishi

ng

Elec

tric

ity, G

as, W

ater

W

aste

Ser

vice

s

Art

s R

ecre

atio

n Se

rvic

es

Min

ing

Acc

omm

. Foo

d Se

rvic

es

Con

stru

ctio

n

Publ

ic A

dmin

istr

atio

n S

afet

y

Man

ufac

turin

g

Prof

essi

onal

, Sci

entifi

c Te

chni

cal S

ervi

ces

Sector

Perc

enta

ge



Reta

il Tr

ade


Demographics and Population

The following demographic information has been compiled using a variety of data sources including:

• Australian Bureau of Statistics (ABS).

• 2016 Census of Population and Housing.

• Profile ID - an online demographic modelling tool designed to enable Local Governments to understand current population characteristics.

• Forecast ID - an online demographic forecasting tool designed to enable Local Governments to understand future population trends.

Key Findings

Population

• As at 2018, the combined LGAs of Albury and Wodonga had an Estimated Resident Population of 95,196. This represents an annual average increase of 1.6% since 2012.

• As at 2018, the Albury LGA had an estimated resident population of 53,767. This represents an annual average increase of 1.3% since 2012.

• Albury’s population is expected to reach 67,427 by 2036, while Wodonga’s population is expected to reach 57,314 over the same period.

• The 2016 Census data shows that 63.3% of Albury Wodonga’s population were classified as being in the ‘workforce’ age bracket, i.e. aged between 15 and 64 years.

Education

• Albury Wodonga has a large and well-educated workforce:

o Data from the 2016 Census indicates that the most significant change from the 2011 Census was a 30% increase in the number of post graduate qualifications obtained.

o The number of residents with vocational qualifications increased by 16.3% (+2,132) and a Bachelor or higher degree by 18.1% (+1,086) between the 2011 and 2016 Censuses.


Surrounding LGA Population

June 2012 June 2013 June 2014 June 2015 June 2016 June 2017 June 2018Avg. Annual

% Change 2012-2018

Alpine 12,160 12,233 12,286 12,339 12,450 12,638 12,730 0.8%

Greater Hume 10,162 10,219 10,319 10,440 10,509 10,608 10,686 0.8%

Indigo Shire 15,431 15,556 15,663 15,834 16,035 16,333 16,490 1.1%

Towong 5,926 5,933 5,942 5,953 5,973 6,039 6,054 0.4%

Wangaratta 27,437 27,640 27,860 28,144 28,559 28,853 29,087 1.0%

Wodonga 36,478 37,478 38,238 39,057 39,844 40,812 41,429 2.1%

Source:Cat. 3218.0 - Australian Bureau of Statistics

Forecast Population

20190

40,000

20,000

60,000

80,000

100,000

120,000

140,000

2023 2027 2031 2036

Albury Wodonga Albury Wodonga Albury Albury Wodonga

June 2012

June 2012

10,000

10,000

0

0

20,000

20,000

30,000

30,000

40,000

40,000

50,000

50,000

60,000

60,000

70,000

80,000

90,000

100,000

June 2013

June 2013

June 2014

June 2014

June 2015

June 2015

June 2018

June 2018

June 2016

June 2016

June 2017

June 2017

Sector

Sector

Year

Popu

latio

n

Num

ber o

f peo

ple

Num

ber o

f peo

ple

Population

Refer to Appendix 5 for more details.Refer to Appendix 4 for more information on benchmarked LGA populations.


Demographics


Age Characteristics

0-4

10

0%

20

30

5-14 15-19 65-74 75-84 85 & over20-24 25-34 35-44 45-54 55-64

Years of Age

Perc

enta

ge o

f pop

ulat

ion

53,767 People

48.3% Male

51.7% Female

12,829 Families

1.9 average children per family

23,369 All private dwellings

2.3 Average people per household

$1,185 Median weekly household income

$1,421 Median monthly mortgage

$231 Median weekly rent

1.7 Average motor vehicles per dwellingRefer to Appendix 6 for more details.


Educational Profile

Albury Albury Wodonga Ballarat Bathurst

RegionalGreater Bendigo

Greater Shepparton

Tamworth Regional Townsville Wagga

Wagga

Current Attendance No.

Pre-school 864 1,671 1,731 771 1,765 956 1,198 2,193 1,198

Infants/Primary 4,150 7,725 8,584 3,676 9,149 5,459 5,301 16,391 5,588

Secondary 3,242 5,843 6,582 2,924 7,029 4,404 3,978 12,295 4,193

Technical or Further Educational Institution 1,209 2,351 1,435 905 1,954 1,211 1,173 3,138 1,570

University or other Tertiary Institutions 1,712 2,696 5,084 2,070 3,917 1,196 1,061 10,492 3,017

Other type of educational institution 357 357 734 211 698 487 267 1,369 423

Highest Tertiary Qualification Obtained No.

Postgraduate Degree 1,047 1,652 2,747 951 2,187 922 853 4,051 1,434

Graduate Diploma and Graduate Certificate 843 1,463 2,275 645 2,255 968 648 2,275 810

Bachelor Degree 4,703 7,591 10,556 3,759 10,134 4,348 4,428 17,093 6,065

Advanced Diploma and Diploma 3,530 6,561 6,969 2,672 7,320 3,955 3,719 11,677 3,831

Certificate 9,869 17,766 16,964 7,856 20,038 10,166 11,327 34,767 12,072

Source: 2016 Census - Australian Bureau of Statistics

University Student Enrolments Albury Wodonga 2014 2015 2016 2017 2018

University

Charles Sturt - On-campus 1,761 1,619 1,532 1,430 1,286

Charles Sturt - Off-campus 1,826 2,022 2,157 2,148 2,141

LaTrobe – Full time 671 602 673 594 444*

LaTrobe – Part time 157 160 162 179 137*

Total 4,428 4,407 4,524 4,354 4,008

*provisional figures - yet to be confirmedSource: La Trobe University and Charles Sturt University


Development

The following development information has been compiled using a variety of data sources, including:

• AlburyCity Construction Statistics – information is sourced from AlburyCity’s internal Construction Certificates data monitoring system.

• Property Trends Report – this data sourced from Estate Agents Co-operative Red Square.

Key Findings

Construction Certificates

• In 2018/19 the value of construction for the city was estimated at approximately $163 million, down from $190 million in 2017/18. This represents an average annual decrease of 4.5% over the last five years.

• Residential projects outweighed commercial construction in 2018/19 with a combined 685 construction and complying development certificates issued throughout the year at a value of almost $136 million.

Property Trends

• Residential property prices and sales volumes remained steady with 874 sales and the median house price fetching $344,000 in the 2018/19 financial year.

• The number of units sold for the 2018/19 financial year softened, decreasing from 244 to 211 however the median price increased to $212,500.

• While the number of vacant land sales dropped by 5.5% for the year, the median price increased by 6.9% to $155,000 for the 2018/19 financial year.


Construction Certificates

Albury 2014/15 2015/16 2016/17 2017/18 2018/19 Avg. Annual % Change

Residential Construction 904 942 799 742 685 -4.8

Non-Residential Construction 98 107 104 106 82 -2.0

Total 1002 1049 903 848 767 -4.0

Source: Albury City Council

Albury 2014/15 $

2015/16$

2016/17$

2017/18$

2018/19$

Avg. Annual % Change

Residential Construction 145,041,967 162,033,528 134,542,071 121,908,670 135,797,930 -1.6

Non-Residential Construction 51,006,154 41,320,685 44,998,419 68,217,148 27,383,156 -14.4

Total 196,048,121 203,354,213 179,540,490 190,125,818 163,181,086 -4.5

Source: Albury City Council

Property Trends

Dwellings Units Vacant House Lots

Albury No. Sales Median Price ($) No. Sales Median Price

($) No. Sales Median Price ($)

2014/2015 716 311,500 234 185,000 320 124,000

2015/2016 830 322,750 212 180,000 404 128,000

2016/2017 805 330,000 243 210,000 323 140,500

2017/2018 981 332,000 244 210,000 272 145,000

2018/2019 874 344,000 211 212,500 257 155,000

Source: Red Square, Estate Agents Co-operative


Appendix 1Employment Profile

Albury Albury Wodonga Ballarat Bathurst Regional Greater Bendigo Greater Shepparton Tamworth Regional Townsville Wagga Wagga

Value % Value % Value % Value % Value % Value % Value % Value % Value %

Employment by Occupation

Managers 2,508 10.9 4,423 10.8 4,848 10.8 2,173 12.0 5,349 11.0 3,911 14.5 3,399 13.1 8,364 9.7 3,634 14.0

Professionals 4,502 19.7 7,461 18.2 9,735 21.8 3,437 18.9 9,794 20.1 4,613 17.1 4,559 17.5 16,269 18.8 5,877 22.6

Technicians & trade workers 3,364 14.7 6,387 15.5 6,440 14.4 2,626 14.5 7,064 14.5 3,685 13.7 3,740 14.4 13,093 15.1 4,667 18.0

Community & personal service workers 2,820 12.3 5,215 12.7 5,615 12.6 2,446 13.5 5,904 12.1 2,821 10.5 2,747 10.6 12,719 14.7 3,868 14.9

Clerical & administrative workers 3,004 13.1 5,297 12.9 5,618 12.6 2,182 12.0 6,033 12.4 3,176 11.8 3,113 12.0 11,662 13.5 3,657 14.1

Sales workers 2,504 10.9 4,388 10.7 4,795 10.7 1,776 9.8 5,100 10.5 2,774 10.3 2,557 9.8 8,349 9.7 3,061 11.8

Machinery operators & drivers 1,542 6.7 2,918 7.1 2,345 5.2 1,162 6.4 2,947 6.1 1,806 6.7 1,786 6.9 6,504 7.5 1,627 6.3

Labourers 2,328 10.2 4,367 10.6 4,621 10.3 2,074 11.4 5,758 11.8 3,759 13.9 3,678 14.1 8,261 9.6 3,072 11.8

Inadequately described 333 1.5 636 1.5 696 1.6 292 1.6 729 1.5 440 1.6 418 1.6 1,244 1.4 374 1.4

Employment by Industry

Agriculture, forestry & fishing 312 1.4 563 1.4 701 1.6 698 3.8 1,294 2.7 2,227 8.3 1,731 6.7 612 0.7 1,220 4.7

Mining 47 0.2 80 0.2 334 0.7 258 1.4 798 1.6 56 0.2 280 1.1 2,069 2.4 59 0.2

Manufacturing 2,110 9.2 4,022 9.8 3,516 7.9 1,499 8.3 4,208 8.6 2,698 10.0 1,953 7.5 4,037 4.7 2,005 7.7

Electricity, gas, water & waste services 179 0.8 318 0.8 417 0.9 228 1.3 623 1.3 694 2.6 251 1.0 1,325 1.5 333 1.3

Construction 2,110 9.2 3,671 8.9 3,972 8.9 1,511 8.3 4,398 9.0 2,170 8.0 2,037 7.8 7,066 8.2 2,364 9.1

Wholesale trade 535 2.3 959 2.3 911 2.0 305 1.7 856 1.8 621 2.3 746 2.9 1,877 2.2 746 2.9

Retail trade 2,631 11.5 4,652 11.3 5,068 11.3 1,914 10.5 5,569 11.4 2,995 11.1 2,882 11.1 8,538 9.9 3,257 12.5

Accommodation & food services 1,926 8.4 3,143 7.6 3,454 7.7 1,311 7.2 3,381 6.9 1,482 5.5 1,759 6.8 6,581 7.6 2,131 8.2

Transport, postal & warehousing 1,050 4.6 1,872 4.6 1,551 3.5 632 3.5 1,605 3.3 1,089 4.0 1,256 4.8 4,122 4.8 1,213 4.7

Information media & telecommunications 268 1.2 418 1.0 917 2.1 273 1.5 566 1.2 271 1.0 262 1.0 1,049 1.2 284 1.1

Financial & insurance services 435 1.9 769 1.9 770 1.7 253 1.4 1,870 3.8 422 1.6 490 1.9 1,305 1.5 530 2.0

Rental, hiring & real estate services 296 1.3 496 1.2 535 1.2 235 1.3 513 1.1 283 1.0 365 1.4 1,377 1.6 348 1.3

Professional, scientific & technical services 990 4.3 1,581 3.8 2,396 5.4 727 4.0 2,013 4.1 1,071 4.0 953 3.7 3,785 4.4 1,181 4.5

Administrative & support services 690 3.0 1,281 3.1 1,102 2.5 546 3.0 1,371 2.8 831 3.1 814 3.1 2,673 3.1 851 3.3

Public administration & safety 1,678 7.3 3,957 9.6 2,730 6.1 1,587 8.7 2,890 5.9 1,167 4.3 1,584 6.1 11,810 13.7 3,044 11.7

Education & training 2,194 9.6 3,583 8.7 4,890 10.9 2,180 12.0 4,348 8.9 2,175 8.1 2,330 9.0 8,277 9.6 3,122 12.0

Health care & social assistance 3,480 15.2 6,148 15.0 7,531 16.8 2,442 13.4 8,113 16.7 4,105 15.2 3,900 15.0 12,659 14.6 4,704 18.1

Arts & recreation services 219 1.0 383 0.9 906 2.0 241 1.3 694 1.4 252 0.9 258 1.0 1,146 1.3 278 1.1

Other services / Inadequately described 1,976 8.6 3,352 8.2 3,015 6.7 1,326 7.3 3,557 7.3 2,358 8.7 2,144 8.2 6,145 7.1 2,168 8.3

Source: 2016 Census - Australian Bureau of Statistics

Appendices


No.

June 2015

December 2015

June 2016

December 2016

June 2017

December 2017

June 2018

Albury 23,635 23,478 22,075 21,690 22,818 23,246 24,243

Albury Wodonga (combined LGAs) 45,263 45,968 56,724 56,767 57,683 56,953 58,817

Ballarat 50,799 44,812 51,374 52,579 54,503 54,655 52,880

Bathurst Regional 21,203 43,936 23,055 22,924 22,738 22,399 22,129

Greater Bendigo 57,239 44,872 54,251 56,085 53,838 52,334 54,435

Greater Shepparton 32,028 45,937 34,188 33,936 33,978 34,305 33,768

Tamworth Regional 29,374 46,165 29,589 30,112 28,793 28,640 29,453

Toowoomba 77,375 47,270 80,349 81,194 84,648 85,118 85,054

Wagga Wagga 35,508 34,203 34,649 35,077 34,865 33,707 34,574

Wodonga 21,628 22,490 22,737 22,246 22,054 22,691 21,922

Source: jobs.gov.au - Small Area Labour Data

Appendix 2Labour Force

Albury Albury - Wodonga (2018 Release1)

Industry Sector Jobs %

Health Care Social Assistance 4,612 17.60

Retail Trade 3,394 13.00

Education Training 2,352 9.00

Accommodation Food Services 2,352 9.00

Construction 2,347 9.00

Public Administration Safety 2,184 8.30

Manufacturing 1,888 7.20

Professional, Scientific Technical Services 1,202 4.60

Other Services 1,166 4.50

Wholesale Trade 660 2.50

Financial Insurance Services 631 2.40

Rental, Hiring Real Estate Services 387 1.50

Information Media Telecommunications 310 1.20

Agriculture, Forestry Fishing 246 0.90

Electricity, Gas, Water Waste Services 243 0.90

Arts Recreation Services 220 0.80

Mining 15 0.10

Total 26,163


Appendix 3Employee Numbers by Sector


Appendix 4Population

Albury LGA & Benchmarked LGAs June 2012

June 2013

June 2014

June 2015

June 2016

June 2017

June 2018

Avg. Annual % Change 2012-2018

Albury 49,802 50,354 51,021 51,525 52,165 52,989 53,767 1.3

Albury Wodonga (combined LGAs) 86,517 87,832 89,259 90,582 92,009 93,450 95,196 1.6

Ballarat 96,730 98,323 99,917 101,506 103,407 105,422 107,325 1.7

Bathurst Regional 40,345 40,798 41,272 41,844 42,389 42,806 43,206 1.1

Greater Bendigo 103,830 105,779 107,732 109,626 111,783 114,091 116,045 1.9

Greater Shepparton 62,577 63,256 63,960 64,555 65,076 65,554 66,007 0.9

Tamworth Regional 58,723 59,263 59,917 60,487 60,998 61,615 62,156 1.0

Townsville 183,771 186,808 189,304 190,726 192,058 192,944 194,072 0.9

Wagga Wagga 62,163 62,509 62,924 63,520 64,085 64,312 64,820 0.7

Source: Australian Bureau of Statistics - Cat. 3218.0

Appendix 5Forecast Population

2019 2023 2027 2031 2036 Delta change 2019-2036

Avg. Annual % Change 2017-2036

Albury 54,627 57,746 60,713 63,657 67,427 12,800 1.2

Wodonga 42,575 45,987 49,412 52,824 57,314 14,739 1.7

Albury Wodonga 97,202 103,733 110,125 116,481 124,741 27,539 1.4

Source: Forecast ID


Appendix 6Demographics

Albury Albury Wodonga Ballarat Bathurst

RegionalGreater Bendigo

Greater Shepparton

Tamworth Regional Townsville Wagga

Wagga

Value % Value % Value % Value % Value % Value % Value % Value % Value %

Age Characteristics

0-4 Years 3,286 6.4% 6,114 6.8% 6,615 6.5% 2,546 6.2% 7,075 6.4% 4,218 6.6% 3,906 6.5% 12,635 6.8% 4,206 6.7%

5-14 Years 6,328 12.4% 11,609 12.8% 12,853 12.6% 5,571 13.5% 14,123 12.8% 8,489 13.3% 8,206 13.8% 25,073 13.4% 8,490 13.6%

15-19 Years 3,248 6.4% 5,931 6.6% 6,603 6.5% 2,980 7.2% 7,066 6.4% 4,328 6.8% 3,757 6.3% 13,258 7.1% 4,357 7.0%

20-24 Years 3,508 6.9% 6,205 6.9% 7,544 7.4% 3,148 7.6% 7,580 6.9% 3,571 5.6% 3,195 5.4% 15,741 8.4% 4,960 8.0%

25-34 Years 6,498 12.7% 11,915 13.2% 13,120 12.9% 5,171 12.5% 13,739 12.4% 7,850 12.3% 7,190 12.1% 27,731 14.8% 8,609 13.8%

35-44 Years 6,205 12.1% 11,059 12.2% 12,416 12.2% 4,878 11.8% 13,101 11.9% 7,777 12.2% 6,927 11.6% 24,836 13.3% 7,532 12.1%

45-54 years 6,497 12.7% 11,545 12.8% 12,884 12.7% 5,238 12.7% 14,091 12.8% 8,548 13.4% 7,626 12.8% 24,477 13.1% 7,551 12.1%

55-64 years 6,372 12.5% 11,061 12.2% 12,080 11.9% 4,991 12.1% 14,036 12.7% 7,911 12.4% 7,694 12.9% 20,507 11.0% 7,210 11.6%

65-74 years 4,907 9.6% 8,294 9.2% 9,723 9.6% 3,862 9.4% 10,859 9.8% 6,169 9.7% 6,161 10.3% 13,761 7.4% 5,124 8.2%

75-84 years 2,913 5.7% 4,635 5.1% 5,449 5.4% 2,019 4.9% 6,065 5.5% 3,497 5.5% 3,566 6.0% 6,417 3.4% 2,979 4.8%

85 years & over 1,329 2.6% 2,074 2.3% 2,409 2.4% 892 2.2% 2,743 2.5% 1,484 2.3% 1,437 2.4% 2,305 1.2% 1,372 2.2%

Family Structure Characteristics

Couple Families (inc. children) 5,160 40.2% 9,348 40.6% 10,460 41.0% 4,308 42.5% 11,516 40.4% 6,855 42.7% 5,961 38.8% 19,900 41.8% 6,648 42.1%

Couple Families (no children) 5,235 40.8% 9,210 40.0% 9,821 38.5% 3,885 38.3% 11,327 39.7% 6,197 38.6% 6,263 40.7% 18,327 38.5% 6,094 38.6%

One-Parent Families 2,267 17.7% 4,183 18.2% 4,817 18.9% 1,811 17.9% 5,211 18.3% 2,800 17.4% 2,912 18.9% 8,609 18.1% 2,783 17.6%

Other Family 167 1.3% 127 0.6% 396 1.6% 131 1.3% 464 1.6% 206 1.3% 235 1.5% 809 1.7% 250 1.6%

Avg. Household Size (Persons) 2.3 2.3 2.4 2.5 2.4 2.5 2.5 2.6 2.5

Financial Characteristics

Median Weekly H'hld Income $1,185 NA $1,160 $1,310 $1,184 $1,163 $1,180 $1,424 $1,354

Median Mthly Mortgage Repayment $1,421 $1,350 $1,670 $1,387 $1,300 $1,500 $1,733 $1,517

Median Weekly Rent Payments $231 $250 $280 $250 $220 $260 $300 $265

H'hlds Fully Owning Home 5,438 23.3% 9,278 29.1% 12,350 27.4% 4,691 27.0% 13,671 27.9% 7,515 28.0% 7,372 28.3% 14,991 24.6% 6,540 30.1%

H'hlds Purchasing Home 6,405 27.4% 11,307 35.5% 12,696 28.1% 4,854 28.0% 14,679 30.0% 7,533 28.0% 6,763 26.0% 23,085 37.9% 7,484 34.5%

H'hlds Fully Renting Home 6,077 26.0% 11,162 35.1% 12,069 26.8% 4,420 25.5% 11,563 23.6% 6,490 24.1% 6,729 25.8% 25,313 41.5% 7,503 34.6%

Source: Australian Bureau of Statistics - 2016 Census


Further Information

AlburyCity also publishes the following reports on an annual basis: — Albury Development Monitor — Albury Wodonga Visitor Economy Trends

These reports are available for download from InvestAlburyWodonga.com.au. Alternatively, contact the Economic Development team on 02 6023 8214 for assistance.

Albury Economic Indicators - eservice.alburycity.nsw.gov.au

Documents