Snapshots, Edition 11, September 2007.pdf - Hastings Council
Snapshots, Edition 11, September 2007.pdf - Hastings Council
Snapshots, Edition 11, September 2007.pdf - Hastings Council
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EDITION ELEVEN<br />
SEPTEMBER 2007<br />
<strong>Snapshots</strong><br />
A PUBLICATION ON ECONOMIC DEVELOPMENT IN THE GREATER PORT MACQUARIE REGION<br />
Phone 02 6581 8<strong>11</strong>1<br />
Fax 02 6581 8107<br />
Email council@pmhc.nsw.gov.au<br />
Website www.pmhc.nsw.gov.au<br />
Address PO Box 84, Port Macquarie NSW 2444<br />
Cnr Lord & Burrawan Streets
FORETHOUGHT<br />
Ideas, Trends and Practices on the Business Horizon<br />
A profound change is coming our way. It will affect growth, profits, customer bases and workforces. And it<br />
is one from which businesses can either lose or profit. It is hoped that this article will assist Port<br />
Macquarie-<strong>Hastings</strong>’ businesses to profit from these changes. The following is a summary of a presentation<br />
provided to the Economic Development Board by Chris Cormack, Group Managing Director, Senioragency<br />
Australia (www.senioragency.com.au)<br />
In Port Macquarie-<strong>Hastings</strong> there are more than 5,000 people or 12.2% of the population between the age of 55 and 64 (3%<br />
higher than the national average). There are 9000 people aged 65 years or older, which is 23.5% of the population (twice the<br />
national rate). This means that currently one in every three people is over 55, representing a significant commercial opportunity.<br />
The future<br />
Locally the number of residents aged 55+ is expected to increase by around 210% to 42,000 people by 2020. This group have<br />
money and they want to spend it with you. The world’s biggest advertisers are saying – IGNORE THEM AT YOUR PERIL!<br />
In industrial countries, between 1990 and 2020, numbers of people under 20 will increase by 1% and those over 50 will increase<br />
by a whopping 75%. Over 55’s control an estimated 39% of Australia’s wealth and this is predicted to grow by 61% over the<br />
next 10 years. As for Generation X, they hold an estimated 19% - SO WHO DO YOU WANT TO DO BUSINESS WITH?<br />
What are the over-fifties purchasing?<br />
* 45% of all new cars sold * 50% of food oils (60% of Olive Oil)<br />
* 80% of top of the range cars * 40% of yogurts and dairy products<br />
* 50% of face care cosmetics * 35% of total travel<br />
* 55% of total coffees * 80% of all cruises<br />
* 50% of mineral waters<br />
What do I have to do to get them spending more with me?<br />
Seniors crave respect<br />
You are in front of very experienced, rational consumers, eager for information and suspicious about the claimed performance<br />
of any brand that they do not trust. You should be very thorough with seniors and ask them lots of questions. Respect + Retail<br />
= Revenue.<br />
Seniors crave quality<br />
They won’t take risks as they have more than likely been the victims of poor quality and misleading brands. And the more they<br />
age the more they seek reassurance. They consume heavily in food, health and services and are very brand conscious.<br />
Seniors crave quality service<br />
Employ older staff. Why do you think Bunnings is one of the most respected retailers in Australia? They have mature staff who<br />
relate well to the needs of their customers. Make sure you train your younger employees to relate well to the needs of<br />
mature consumers. Make your store a destination for baby boomers….<br />
Seniors crave comfort<br />
Audit and correct your lack of retail comfort – a water fountain goes a long way with baby boomers!<br />
If you have a large, mature customer base refl ect that in the presentation of your store. More lights (your eyes peak at age 7!),<br />
more air conditioning, clean toilets, brochures they can read, point of sale they can read and more importantly UNDERSTAND.<br />
NEVER EVER print a brochure designed at the mature without testing it first. And......<br />
Promote and tell people that you accept Seniors Card<br />
Utilise slow times and days to offer a little extra for seniors<br />
For a full copy of the presentation, contact Trevor Sargeant on (02) 6581 8660.<br />
Port Macquarie Inside Front Cove1 1<br />
16/8/07 12:39:37 PM
INTRODUCTION<br />
A Word from the Mayor<br />
<strong>Council</strong>lor Rob Drew<br />
Mayor & Chairman, <strong>Hastings</strong><br />
Economic Development Board<br />
Recently Port Macquarie-<strong>Hastings</strong> <strong>Council</strong> hosted an economic development conference, with the<br />
primary theme of ‘growth from within’. That is, rather than employing the traditional approach<br />
to economic development that relies on luring fi rms from elsewhere, a more effective approach is<br />
that of developing and supporting local entrepreneurs. These efforts frequently depend on improving<br />
quality of life in the community and creating an attractive business environment. This theme enjoyed<br />
widespread support from conference delegates - so much so that a regular conference on “economic<br />
gardening” at different locations around Australia is now being planned.<br />
While recognising that big fi rms are important to job creation, particularly through innovation, our<br />
<strong>Council</strong> believes that focussing on organic growth is the most effective economic development<br />
strategy for our area. Consequently, we have specific programs in place, including the Key Business<br />
Development and Industry Development Programs, each of which are having encouraging levels of<br />
success. Of course the hope is that some of these businesses grow to become large businesses,<br />
assisting to further diversify the local economy.<br />
Supporting this concept Mr Kelly Edmiston, a senior economist with the Federal Reserve Bank of Kansas City, recently<br />
provided some fi gures on the source of job creation in the US. Interesting summary points were:<br />
• Firms employing less than 20 people were responsible for 80% of the net new jobs from 1994 - 2003.<br />
• Firms over 500 employees created only 7% of the net new jobs during that period<br />
• Firms over 500 employees have been net job destroyers since 2000<br />
• A relocation of a fi rm of 1000 employees will only create 285 net new jobs after subtracting failures of competitors<br />
• An expansion of an existing business by 1000 jobs yields 2000 net new jobs throughout the economy<br />
Good food for thought as you peruse this edition of <strong>Snapshots</strong> which continues to provide contemporary data to assist<br />
intending and established business to comprehend trends and issues of importance. As always your feedback is welcome so as<br />
to ensure that future editions are as relevant as possible.<br />
If you would like to discuss a particular business opportunity or require further information please do not hesitate to contact<br />
<strong>Council</strong>’s specialist economic development staff, Mr Trevor Sargeant on (02) 6581 8660 or Ms Liz Giles on (02) 6581 8633.<br />
Email trevor.sargeant@pmhc.nsw.gov.au<br />
Focus on Local Business<br />
Haire Civil Constructions<br />
53 Jindalee Road Port Macquarie 2444<br />
Phone 02 6581 1074<br />
Email hairecc@bigpond.net.au<br />
Haire Civil Constructions is a leading local fi rm established by Doug and Sue Haire in 1980 to<br />
undertake civil engineering construction of residential land developments in the Port Macquarie-<br />
<strong>Hastings</strong> Region. Doug started his career as a grader operator with the then Department of<br />
Main Roads and decided to establish his business in Port Macquarie because of the considerable<br />
growth prospects that the area offered.<br />
The Company employs an Integrated Management System (IMS) that ensures all of its operations<br />
are undertaken with a high level of consistency and accuracy. The IMS also enables Haire Civil<br />
Constructions to address all of its quality, safety, rehabilitation and environmental responsibilities to the highest level.<br />
According to Doug Haire the implementation of the IMS, “has been a resounding success as it has enabled us to efficiently<br />
respond to the requirements of our customers. Since 1998 the Company’s turnover has increased by more than 500% and<br />
we have grown to become one of the area’s largest employers, operating throughout NSW on projects including bridges,<br />
roadworks, water storage, canal developments, sewer systems and treatment plants, industrial and residential developments,<br />
highways and golf courses.<br />
“Equally as importantly, the Integrated Management System, together with our very capable staff, almost all of whom have been<br />
sourced locally, has ensured a high level of repeat business and an almost total elimination of defects in our work. We are very<br />
proud of this fact as it has allowed us to achieve a high standard of workmanship and environmental responsibility. We are<br />
indeed proud to be a Port Macquarie- <strong>Hastings</strong> local company and recognise a bright future in this wonderful business climate”<br />
concluded Mr Haire.<br />
01<br />
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POPULATION – CENSUS 2006<br />
Population & Age Distribution<br />
As at the 2006 Census, there were 68,430 persons counted as residing in the Greater Port Macquarie region (excluding overseas<br />
visitors). Between the previous Census in 2001 and 2006, the population of the Greater Port Macquarie region increased by<br />
5,518 persons (or 8.8%), representing average annual growth of 1.7% over the period. In 2006, the proportion of the population<br />
of Greater Port Macquarie comprising males was 48.1%, whilst females represented 51.9% of the total.<br />
Population by Sex<br />
Greater Port Macquarie<br />
2006<br />
2001<br />
1996<br />
Males<br />
Females<br />
0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 55,000 60,000 65,000 70,000<br />
Source: ABS 2006 Census<br />
The average age of residents in the Greater Port Macquarie region was 43.1 years in 2006, which was greater than the averages<br />
for both the Mid North Coast (41.4 years) and New South Wales (37.5 years). The average age of Greater Port Macquarie<br />
increased by 1.3 years between 2001 and 2006.<br />
%<br />
25<br />
Age Distribution<br />
Greater Port Macquarie<br />
1996 2001 2006<br />
20<br />
15<br />
10<br />
5<br />
Source: ABS 2006 Census<br />
0<br />
0-14 15-19 20-34 35-49 50-64 65+<br />
Population & Age Distribution, 2006 Census<br />
Greater Port Macquarie Mid-North Coast New South Wales<br />
No. % of total No. % of total No. % of total<br />
Person Characteristics<br />
Total persons (excluding overseas visitors) 68,430 - 284,676 - 6,549,177 -<br />
Males 32,915 48.1 139,226 48.9 3,228,451 49.3<br />
Females 35,515 51.9 145,450 51.1 3,320,726 50.7<br />
Average age 43.1 - 41.4 - 37.5 -<br />
Selected Characteristics<br />
Australian citizenship 62,600 91.5 260,766 91.6 5,615,961 85.8<br />
Persons born overseas 7,155 10.5 26,389 9.3 1,555,841 23.8<br />
Overseas visitors 314 0.5 1,186 0.4 57,045 0.9<br />
Country of Birth – Australia 57,224 83.6 241,869 85.0 4,521,152 69.0<br />
Language spoken at home – English only 64,355 94.0 266,053 93.5 4,846,672 74.0<br />
Source: ABS 2006 Census<br />
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INCOME – CENSUS 2006<br />
Individual, Household & Family Income<br />
The average weekly individual income for the Greater Port Macquarie region was $485.59 in 2006, equating to an annual income<br />
of approximately $25,250. The average weekly income for Greater Port Macquarie was higher than the figure for the Mid-North<br />
Coast ($460.13), but lower than the average for New South Wales ($621.80). Within Greater Port Macquarie, the 25-44 year<br />
age group recorded the highest average weekly individual income of $628.54, followed by the 45-64 year age group ($572.36).<br />
%<br />
24<br />
22<br />
Weekly Individual Income Distribution<br />
2006<br />
Greater Port Macquarie Mid-North Coast NSW<br />
20<br />
18<br />
16<br />
14<br />
12<br />
10<br />
8<br />
6<br />
4<br />
2<br />
0<br />
-ve/Nil $1- $149 $150- $24<br />
9<br />
$250-<br />
$399<br />
$400-<br />
$599<br />
$600-<br />
$799<br />
$800-<br />
$999<br />
$1,000-<br />
$1,299<br />
$1,300-<br />
$1,599<br />
$1,600-<br />
$1,999<br />
$2,000or<br />
more<br />
NotStated<br />
Source: Lawrence Consulting<br />
The average weekly household and family incomes for the Greater Port Macquarie region in 2006 were $904.74 and<br />
$1,050.05, respectively, again higher than the averages for the Mid-North Coast but lower than the State averages.<br />
%<br />
18<br />
16<br />
Weekly Household Income Distribution<br />
2006<br />
Greater Port Macquarie<br />
NSW<br />
%<br />
18<br />
16<br />
Weekly Family Income Distribution<br />
2006<br />
Greater Port Macquarie<br />
NSW<br />
14<br />
14<br />
12<br />
12<br />
10<br />
10<br />
8<br />
8<br />
6<br />
6<br />
4<br />
4<br />
2<br />
2<br />
0<br />
-ve/Nil $1-$149 $150-<br />
$249<br />
$250-<br />
$349<br />
$350-<br />
$499<br />
$500-<br />
$649<br />
$650-<br />
$799<br />
$800-<br />
$999<br />
$1,000-<br />
$1,199<br />
$1,200-<br />
$1,399<br />
$1,400-<br />
$1,699<br />
$1,700-<br />
$1,999<br />
$2,000-<br />
$2,499<br />
$2,500 - $3,000<br />
$2,999 ormore<br />
0<br />
-ve/Nil $1-$149 $150-<br />
$249<br />
$250-<br />
$349<br />
$350-<br />
$499<br />
$500-<br />
$649<br />
$650-<br />
$799<br />
$800-<br />
$999<br />
$1,000-<br />
$1,199<br />
$1,200-<br />
$1,399<br />
$1,400-<br />
$1,699<br />
$1,700-<br />
$1,999<br />
$2,000-<br />
$2,499<br />
$2,500 - $3,000<br />
$2,999 ormore<br />
Source: ABS 8731.1 Source: ABS 8731.1<br />
Weekly Income Characteristics, 2006 Census<br />
Greater Port Macquarie Mid-North Coast New South Wales<br />
Income (Population aged 15 years and over):<br />
Median individual income ($/weekly) 361 344 461<br />
Average individual income ($/weekly) 485.59 460.13 621.80<br />
15-24 years 234.39 226.42 289.24<br />
25-44 years 628.54 574.29 793.47<br />
45-64 years 572.36 540.24 728.40<br />
65 years and over 353.32 338.89 380.75<br />
Median household income ($/weekly) 679 642 1,036<br />
Average household income ($/weekly) 904.74 859.50 1,246.81<br />
Median family income ($/weekly) 891 821 1,181<br />
Average family income ($/weekly) 1,050.05 994.27 1,410.93<br />
Source: ABS 2006 Census<br />
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LABOUR MARKET<br />
The estimated number of employed persons in the Greater Port Macquarie region in the March Quarter 2007 was 27,604,<br />
representing a quarterly increase of 2.3% and an annual increase of 6.8% from the level recorded in the March Quarter 2006<br />
(25,845). The size of labour force increased annually by 3.4% whilst the number of unemployed persons fell significantly by 10.0%.<br />
%<br />
10.0<br />
9.5<br />
Unemployment Rate<br />
Greater Port Macquarie NSW Australia<br />
9.0<br />
8.5<br />
8.0<br />
7.5<br />
7.0<br />
6.5<br />
6.0<br />
5.5<br />
5.0<br />
4.5<br />
4.0<br />
3.5<br />
3.0<br />
Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07<br />
Source: DEWR, Lawrence Consulting<br />
The unemployment rate in Greater Port Macquarie was 6.1% in the March Quarter 2007, which was 0.1 percentage points<br />
lower than the previous quarter and 1.0 percentage points lower than the rate recorded in the March Quarter 2006 (7.1%).<br />
Greater Port Macquarie’s unemployment rate has steadily fallen since peaking at a level 7.6% in the <strong>September</strong> Quarter 2005,<br />
although it is still higher than the averages for New South Wales (5.2%) and Australia (4.7%).<br />
No.<br />
Labour Force<br />
GreaterPort Macquarie<br />
35,000<br />
30,000<br />
Unemployed persons<br />
Employed persons<br />
25,000<br />
20,000<br />
15,000<br />
10,000<br />
5,000<br />
0<br />
Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07<br />
Source: DEWR, Lawrence Consulting<br />
Labour Market, March Quarter 2007<br />
Greater Port Macquarie<br />
New South Wales<br />
Level Qtrly % chg Ann % chg Level Qtrly % chg Ann % chg<br />
Employed persons (no.) 27,604 2.3 6.8 3,301,300 0.4 1.4<br />
Unemployed (no.) 1,803 1.5 -10.0 181,800 -1.4 2.8<br />
Unemployment rate (a) (%) 6.1 0.0 -1.0 5.3 0.1 0.1<br />
Labour force (no.) 29,407 2.2 3.4 3,483,100 0.3 1.1<br />
Note: (a) Unemployment rate changes are percentage point changes.<br />
Source: DEWR, Lawrence Consulting<br />
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BUILDING & CONSTRUCTION<br />
The number of building approvals in the Greater Port Macquarie region increased by 14.0% to 98 in the June Quarter 2007,<br />
although this was 8.4% lower than the level for the June Quarter 2006. The total value of residential building approvals in the<br />
Greater Port Macquarie region was $25.5 million in the June Quarter 2007, representing an increase of 13.9% from the<br />
previous quarter, but a small annual decline of 1.6% from the level recorded in the June Quarter 2006.<br />
No.<br />
DwellingApprovals<br />
Greater Port Macquarie Region<br />
$'000<br />
Valueof BuildingApprovals<br />
Greater Port Macquarie Region<br />
250<br />
200<br />
OtherDwelling Units<br />
New Houses<br />
55,000<br />
50,000<br />
45,000<br />
Alterations & Addtions<br />
Other Residential<br />
New Houses<br />
40,000<br />
150<br />
35,000<br />
30,000<br />
100<br />
25,000<br />
20,000<br />
15,000<br />
50<br />
10,000<br />
5,000<br />
0<br />
0<br />
Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 Jun-07<br />
Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 Jun-07<br />
Source: ABS 8731.1 Source: ABS 8731.1<br />
The value of non-residential building approvals in Greater Port Macquarie was $29.0 million in the June Quarter 2007,<br />
representing a considerable quarterly increase of 187.7% and a substantial annual rise of 583.5% from the fi gure recorded in<br />
the June Quarter 2006.<br />
$'000<br />
Valueof Non-Residential BuildingApprovals<br />
Greater Port Macquarie Region<br />
30,000<br />
25,000<br />
20,000<br />
15,000<br />
10,000<br />
5,000<br />
0<br />
Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 Jun-07<br />
Source: ABS 8731.1<br />
Building Approvals<br />
Level Qtrly Ann Level Ann<br />
Jun Qtr 2007 % chg % chg Yr to % chg<br />
Jun Qtr 2007<br />
Number<br />
Dwellings: 98 14.0 -8.4 456 -20.8<br />
New houses 81 37.3 -13.8 331 -4.1<br />
Other dwellings 17 -37.0 30.8 125 -45.9<br />
VALUE ($’000)<br />
DWELLINGS: 25,478.7 13.9 -1.6 104,729.4 -22.1<br />
NEW HOUSES 19,174.6 21.2 -9.5 74,801.7 1.9<br />
OTHER DWELLINGS 3,391.1 -7.2 84.4 19,337.1 -62.1<br />
ALTS & ADDS 2,912.9 0.9 1.1 10,590.5 6.4<br />
NON-DWELLING 29,007.1 187.7 583.5 80,663.7 9.9<br />
TOTAL BUILDING 54,485.8 67.9 80.8 185,393.0 -10.8<br />
SOURCE: ABS 8731.1<br />
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PROPERTY MARKET<br />
Median Sales Prices<br />
The median sales price for separate houses in Port Macquarie was $355,000 in the March Quarter 2007, which represented a<br />
quarterly increase of 0.3% and annual growth of 5.7% from the March Quarter 2006. The annual increase in median house prices<br />
was in contrast to the decline experienced by the Sydney metro area (-0.2%). The median sales price for flats and units in Port<br />
Macquarie increased annually by 8.0% to a level of $266,000 in the March Quarter 2007.<br />
$'000<br />
Median Sales Prices<br />
Separate Houses and Flats / Units<br />
600<br />
550<br />
500<br />
PortMacquarie (Separate house)<br />
Sydney (Seperate house)<br />
NSW (Seperate house)<br />
Port Macquarie (Flat/unit)<br />
Sydney (Flat/unit)<br />
NSW (Flat/unit)<br />
450<br />
400<br />
350<br />
300<br />
250<br />
200<br />
Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07<br />
Source: NSW Department of Housing<br />
Median Sale Prices, March Quarter 2007<br />
Separate Houses<br />
Flats & Units<br />
Level ($’000) Qtrly % change Ann % change Level ($’000) Qtrly % change Ann % change<br />
Port Macquarie 355 0.3 5.7 266 -1.8 8.0<br />
Sydney Metro Area 459 -6.3 -0.2 372 -4.0 -1.6<br />
New South Wales 362 -2.3 0.4 349 -3.1 -1.7<br />
Source: NSW Department of Housing<br />
Median Weekly Rents<br />
Median weekly rents for three bedroom separate houses in Port Macquarie were $275 in the June Quarter 2007, representing an<br />
annual increase of 5.8%. Rental prices for two bedroom flats / units in Port Macquarie rose annually by <strong>11</strong>.8% to $190.<br />
$<br />
MedianWeekly Rents<br />
Separate Houses and Flats / Units<br />
350<br />
325<br />
PortMacquarie (3bd house)<br />
Sydney Metro (3bd house)<br />
PortMacquarie (2bd unit)<br />
Sydney Metro (2bd unit)<br />
300<br />
275<br />
250<br />
225<br />
200<br />
175<br />
150<br />
Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 Jun-07<br />
Source: NSW Department of Housing<br />
Median Weekly Rents, June Quarter 2007<br />
Separate Houses (3 bedrooms)<br />
Flats & Units (2 bedrooms)<br />
Level ($) Qtrly % change Ann % change Level ($) Qtrly % change Ann % change<br />
Port Macquarie 275 5.8 5.8 190 8.6 <strong>11</strong>.8<br />
Sydney Metro Area 280 0.0 5.7 330 3.1 10.0<br />
New South Wales 255 2.0 6.3 280 3.7 7.7<br />
Source: NSW Department of Housing<br />
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TOURISM<br />
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TOURISM<br />
Visitor Numbers<br />
The total number of overnight visitors to the Greater Port Macquarie region over the year to the March Quarter 2007 was<br />
approximately 742,000, representing an increase of 5.4% from the number of visitors for the year to the March Quarter 2006.<br />
The increase in visitors to the Greater Port Macquarie region was greater than the annual growth experienced in Coffs Harbour<br />
(up 0.4%), but lower than the increase for the Great Lakes (up 9.4%).<br />
'000s<br />
350<br />
OvernightVisitors<br />
Greater Port Macquarie<br />
Greater Port Macquarie Coffs Harbour Great Lakes<br />
300<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
Mar-04 Sep-04 Mar-05 Sep-05 Mar-06 Sep-06 Mar-07<br />
Source: National Visitor Survey<br />
National consumer research undertaken by Tourism NSW in the December Quarter 2006 sought responses to the question<br />
“When you think of NSW what holiday destinations can you think of?” Port Macquarie recorded the second highest proportion<br />
of responses (17%), behind Coffs Harbour, indicating signifi cant destination awareness for the Greater Port Macquarie region.<br />
Visitor Numbers<br />
Greater Port Macquarie Coffs Harbour Great Lakes<br />
Mar Ann Yr to Ann Mar Ann Yr to Ann Mar Ann Yr to Ann<br />
Qtr % chg Mar %chg Qtr % chg Mar % chg Qtr % chg Mar % chg<br />
2007 2007 2007 2007 2007 2007<br />
Overnight Trips (‘000) 215 -<strong>11</strong>.9 742 5.4 216 2.4 802 0.4 175 24.1 500 9.4<br />
Visitor Nights (‘000) 901 8.2 2,744 14.1 803 -4.5 2,829 8.6 733 20.6 1,892 16.6<br />
Source: National Visitor Survey<br />
Tourism Accommodation<br />
The room occupancy rate for all hotels, motels & serviced apartments with 5 or more rooms in the Greater Port Macquarie<br />
region increased annually by 0.7 percentage points over the year to the March Quarter 2007 to 64.5%. By comparison, the site<br />
occupancy rate for caravan parks rose annually by 1.7 percentage points to 57.4%, although the unit occupancy rate for holiday<br />
fl ats, units & houses in the Greater Port Macquarie region fell by 10.0 percentage points to 55.0%.<br />
%<br />
70<br />
65<br />
Occupancy Rates<br />
Greater Port Macquarie<br />
Hotels, Motels & Serviced Apartments ( 5+ rooms) Caravan Parks HolidayFlats, Units & Houses<br />
60<br />
55<br />
50<br />
45<br />
40<br />
35<br />
30<br />
25<br />
20<br />
Mar-05 Jun-05 Sep-05 Dec-05 Mar-06 Jun-06 Sep-06 Dec-06 Mar-07<br />
Source: ABS Survey of Tourist Accommodation<br />
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TOURISM<br />
Tourism Accommodation cont…<br />
The average length of stay in Greater Port Macquarie in the March Quarter 2007 was 2.0 nights in hotels, motels & serviced<br />
apartments and 6.5 nights in holiday fl ats, units & houses, which compared favourably with the rates for the North Coast<br />
Tourism Region (2.0 nights and 5.5 nights, respectively). Total takings from accommodation in the Greater Port Macquarie<br />
region increased by 3.3% to $15.3 million in the March Quarter 2007, although this was a marginal decline of 0.2% from the<br />
level recorded in the March Quarter 2006.<br />
$<br />
150.00<br />
140.00<br />
130.00<br />
120.00<br />
<strong>11</strong>0.00<br />
100.00<br />
90.00<br />
80.00<br />
70.00<br />
60.00<br />
50.00<br />
40.00<br />
30.00<br />
20.00<br />
10.00<br />
0.00<br />
Takings per Room/Site/Unit Night Occupied<br />
Greater Port Macquarie<br />
Hotels, Motels & Serviced Apartments ( 5+ rooms) Caravan Parks HolidayFlats, Units & Houses<br />
Mar-05 Jun-05 Sep-05 Dec-05 Mar-06 Jun-06 Sep-06 Dec-06 Mar-07<br />
Source: ABS Survey of Tourist Accommodation<br />
The number of hotels, motels & serviced apartments increased by 1 and the number of caravan parks remained unchanged<br />
in the March Quarter 2007, although there was a small decrease of 2.7% in the number of holiday fl ats, units & houses for let.<br />
Tourism capacity in the region grew during the quarter, with increases in the number of bed spaces available in hotels, motels<br />
& serviced apartments (up 2.3%), the total capacity of caravan parks (up 0.2%) and the number of bed spaces available in<br />
holiday fl ats, units & houses (up 4.5%).<br />
Tourist Accommodation, March Quarter 2007<br />
Greater Port Macquarie<br />
North Coast Tourism Region<br />
Level Qtrly % chg Ann % chg Level Qtrly % chg Ann % chg<br />
Hotels, Motels & Serviced Apartments<br />
(5+ rooms)<br />
Establishments 48 2.1 2.1 247 -1.2 -2.4<br />
Guest Rooms 1,351 3.6 2.7 6,458 0.5 0.3<br />
Bed Spaces 4,385 2.3 1.4 20,679 -0.6 -0.5<br />
Employment 476 4.8 -1.0 2,761 0.2 -8.1<br />
Room occupancy (%) 64.5 0.7 0.4 57.9 2.3 -0.3<br />
Average stay (nights) 2.0 5.3 0.0 2.0 5.3 0.0<br />
Takings from accomm ($’000) 10,129.6 2.4 4.2 43,655.0 10.6 7.7<br />
Takings per room night occupied ($) 130.90 1.2 2.2 130.00 8.3 8.2<br />
Caravan Parks<br />
Establishments 18 0.0 0.0 105 -0.9 -1.9<br />
Total Capacity 2,363 0.2 -5.0 16,340 -1.4 -1.9<br />
Employment 109 -1.8 5.8 797 -2.0 7.1<br />
Site occupancy (%) 57.4 5.7 1.7 63.3 6.9 1.7<br />
Takings from accomm ($’000) 3,447.0 3.9 6.9 22,917.0 12.7 5.8<br />
Takings per site night occupied ($) 28.26 -4.4 9.3 24.60 4.0 4.9<br />
Holiday Flats, Units & Houses<br />
Establishments 359 -2.7 -18.2 3,556 -0.3 -2.9<br />
Bed Spaces 1,823 4.5 -4.8 19,713 2.6 5.0<br />
Employment 7 75.0 40.0 <strong>11</strong>2 -1.8 0.9<br />
Unit occupancy (%) 55.0 7.9 -10.0 50.3 6.1 1.4<br />
Average stay (nights) 6.5 14.0 30.0 5.5 31.0 7.8<br />
Takings from accomm ($’000) 1,682.1 7.0 -28.4 18,741.2 17.6 5.5<br />
Takings per unit night occupied ($) 94.68 -3.7 3.6 <strong>11</strong>6.36 5.9 5.5<br />
Source: ABS Survey of Tourist Accommodation<br />
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TOURISM<br />
Visitor Profi les<br />
Visitor Age Profile<br />
The largest age group is that between 35-44 yrs (20%) followed by 45-54 yrs (18%) and >65 years (18%).<br />
Visitor Age Profile<br />
Age Group<br />
% of total<br />
15 – 19 years 7%<br />
20 – 24 years 6%<br />
25 – 29 years 6%<br />
30 – 34 years 8%<br />
35 – 39 years 8%<br />
40 – 44 years 12%<br />
45 – 49 years 9%<br />
50 – 54 years 9%<br />
55 – 59 years 9%<br />
60 – 64 years 7%<br />
65 – 69 years 7%<br />
70 years or older <strong>11</strong>%<br />
total 100%<br />
Source: National Visitor Survey<br />
Lifecycle Analysis of Visitors<br />
Older working couples and retirees make up the largest segment at 37%, followed by families at 32 % of visitors. The “Double<br />
Income No Kids” (DINKS) market is comparatively small.<br />
Visitor Profile<br />
% of total<br />
Young single living at home 8%<br />
Young single living alone or in shared accommodation 2%<br />
Midlife single 7%<br />
Young/midlife couple, no kids (DINKS) <strong>11</strong>%<br />
Parent with youngest child aged 5 or less <strong>11</strong>%<br />
Parent with youngest child aged 6-14 <strong>11</strong>%<br />
Parent with youngest child aged 15+ still living at home 10%<br />
Older working single 2%<br />
Older working married person <strong>11</strong>%<br />
Older non-working single 6%<br />
Older non-working married person 20%<br />
Source: National Visitor Survey<br />
Travelling Party Type<br />
The largest travelling party is the adult couple, mainly retired, followed by the family group.<br />
Travelling Party Type<br />
% of total<br />
Travelling alone 15%<br />
Adult couple (in a relationship sense) 36%<br />
Family group - parents and children 24%<br />
Friends or relatives travelling together - with children 5%<br />
Friends or relatives travelling together - without children 16%<br />
Business associates travelling together - without spouse 2%<br />
School/uni/college group (incl. sporting)
For More Information<br />
PORT MACQUARIE HASTINGS COUNCIL<br />
Economic Development Section<br />
T: (02) 6581 8660<br />
F: (02) 6581 8107<br />
E: trevor.sargeant@pmhc.nsw.gov.au<br />
W: www.pmhc.nsw.gov.au<br />
Note: Greater Port Macquarie Region = Port Macquarie <strong>Hastings</strong> Local Government Area (LGA)<br />
Disclaimer: Port Macquarie-<strong>Hastings</strong> <strong>Council</strong> is not liable for the content or accuracy of the information contained in this document or for any information<br />
referred to. The document merely serves the purpose of information exchange. Port Macquarie-<strong>Hastings</strong> <strong>Council</strong> does not act as a broker, nor does it participate<br />
in any investment negotiations or business transactions.<br />
© Copyright 2007 This publication produced by Port Macquarie-<strong>Hastings</strong> <strong>Council</strong> Economic Development Section<br />
Prepared by Lawrence Consulting<br />
Email: reuben@lawrenceconsulting.com.au<br />
Port Macquarie Outside Back Cove1 1<br />
16/8/07 12:40:05 PM