Gold Coast & Coomera
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Artist impression only and subject to change. SHARE IN THE VISION A new era is coming. Westfield Coomera – the shopping centre reimagined. A place to live life. A place that aims to exceed expectations and celebrate life’s aspirations. Together with our retail partners, we intend to redefine the experience for shoppers, creating a benchmark retail, dining and lifestyle destination that will transform the northern Gold Coast. Coomera. The time has come. CALL OF THE GOLD COAST Currently home to more than half a million people, the THETHETHE GOLDGOLDGOLD Gold Coast is Australia’s sixth largest city and has one COASTCOASTCOAST ISISIS of the fastest growing populations in the country. Known for its casual and relaxed lifestyle, the AUSTRALIA’SAUSTRALIA’SAUSTRALIA’S THTHTH Gold Coast boasts an abundance of natural assets, 666 LARGESTLARGESTLARGEST with close proximity to urban infrastructure and facilities. Beyond lifestyle and tourism, the Gold CITYCITYCITY Coast is also well positioned as a destination for business, investment, study, sport and events. The Gold Coast is expected to continue to evolve into the future, with more than $13 billion in major infrastructure projects planned or currently underway. Source: www.goldcoast.qld.gov.au/thegoldcoast/default.html 581,400 GOLD COAST ESTIMATED POPULATION 2016 620,900 GOLD COAST FORECAST POPULATION 2019 699,200 GOLD COAST FORECAST POPULATION 2025 Source: Urbis 2017 SURFERS PARADISE SANCTUARY COVE WARNER BROS. MOVIEWORLD HOPE ISLAND SAINT STEPHEN’S COLLEGE GOLD COAST MARINA & SHIPYARD COOMERA STATE SCHOOL DREAMWORLD WET’N’WILD GOLD COAST COOMERA INDOOR SPORTS CENTRE WHITE WATER WORLD TAFE QLD COOMERA CAMPUS WESTFIELD COOMERA COOMERA RIVER COOMERA ANGLICAN COLLEGE UPPER COOMERA STATE COLLEGE FUTURE COOMERA,COOMERA, DEVELOPMENT ASSISI CATHOLIC COLLEGE COOMERA, FOXWELL ROAD HEARTHEARTHEART COOMERA INTERCHANGE OFOFOF THETHETHE GROWTHGROWTHGROWTH COOMERA TRANSPORT HUB FUTURE CORRIDORCORRIDORCORRIDOR DEVELOPMENT PACIFIC MOTORWAY (M1) COOMERA SPRINGS STATE SCHOOL Image Source: Wes Palmer, Skyepics.com.au, 2016 Sources: www.goldcoast.qld.gov.au/council/coomera-town-centre-structure-plan-2339.html; Situated within the Gold Coast’s exciting northern growth corridor, the proposed Coomera Town Centre is a greenfield site. Under the Gold Coast planning scheme, the vision for Coomera Town Centre is to become a major activity centre. It is expected to represent a regionally significant catchment with a considerable residential population and offer a range of business, service, retail and entertainment functions. A DYNAMIC DESTINATON Coomera is located approximately 25 km north of Surfers Paradise, approximately 50 km south of Brisbane and approximately 55 minutes to Brisbane Airport. It is home to the Dreamworld and White Water World theme parks, with Warner Bros. Movie World and Wet’n’Wild also nearby in Oxenford. A multi-million-dollar upgrade to the Pacific Motorway Coomera Interchange (Exit 54) was complete in late 2016 and is now delivering improved access to cater for the continuing growth in the Coomera area. Sources: www.goldcoast.qld.gov.au/council/coomera-town-centre-structure-plan-2339.html; www.tmr.qld.gov.au/projects/name/c/coomera-exit-54-upgrade-pacific-motorway PERFECTLY POSITIONED The proposed Westfield Coomera development within the Coomera Town Centre aims to respond to the growth that has already happened and which is forecast to continue in this exciting part of the North Gold Coast. Upon completion of the development, Westfield Coomera will be situated on a highly accessible site less than 500 metres from the Pacific Motorway (M1), the major artery connecting Brisbane and the Gold Coast. Westfield Coomera will also adjoin the Coomera railway station, which serves as a major transport hub for the Coomera region and is part of the Gold Coast rail line linking Varsity Lakes with Brisbane. A number of bus routes also operate in the area. Westfield Coomera will be well positioned to become the heart of the Coomera Town Centre. Source: www.goldcoast.qld.gov.au/council/coomera-town-centre-structure-plan-2339.html RESPONDINGRESPONDINGRESPONDING TOTOTO GROWTHGROWTHGROWTH INININ THETHETHE AREAAREAAREA Source: www.goldcoast.qld.gov.au/council/coomera-town-centre-structure-plan-2339.html EAGLEBY EDENS LANDING Beenleigh WATERFORD ALBERTON Marketplace HOLMVIEW BEENLEIGH MOUNT WARREN PARK BAHRS SCRUB EAGLEBY EDENS LANDING Secondary Beenleigh WATERFORD North ALBERTON BANNOCKBURN Marketplace HOLMVIEW BEENLEIGH ORMEAU MOUNT WARREN PARK BAHRS SCRUB % Secondary North PER ANNUM BANNOCKBURN YARRABILBA 3.7 TOTAL TRADE AREA POPULATION Primary ORMEAU East P GROWTH FORECAST 2016-19 a c WILLOW i f i VALE c M COOMERA t w y Primary Secondary West Westfield Coomera South East HOPE ISLAND % UPPER COOMERA PARADISE POINT PER ANNUM YARRABILBA 6.1 Runaway Bay TOTAL PRIMARY TRADE AREA POPULATION SPhorpipmingary VEillagset Secondary P COa OMBABAH GROWTH FORECAST 2016-19 c South West WILLOW i f i Go c VALE ld C o M COOMERA ast LEGEND: H t wy w y Brisbane Rd BIGGERA Westfield Coomera We Primary Westfield Helensvale WATERS Sub-Regional Centre MAIN Secondary West Westfield BEACH Tertiary South ARUNDCELoomera South East Supermarket Centre HOPE ISLAND LABRADOR PARKWOOD UPPER COOMERA PARADISE POINT Smith Street Mtwy y Smith St High St Australia Fair w t M 162,920 c i TOTAL TRADE AREA FORECAST f i c MOLENDINAR SOUTHPORT a P Runaway Bay POPULATION 2019 Shopping Village Secondary COOMBABAH South West Gold OVER HALF OF Co OVER HALF OF a OVER HALF OF s LEGEND: t H wy RECENTRECENTRECENT GOLDGOLDGOLDWestfield COASTCOASTCOAST Coomera Brisbane Rd BIGGERA Westfield Helensvale WATERS Sub-Regional Centre MAIN Tertiary South ARUNDEL BEACH POPULATIONPOPULATIONSupermarket Centre POPULATION LABRADOR 200,440 TOTAL TRADE AREA FORECAST PARKWOOD POPULATION 2025 Smith Street Mtwy GROWTHGROWTH HASHAS y Smith St GROWTH HAS High St Australia Fair w t M c i f i c MOLENDINAR SOUTHPORT MOVEDMOVED INTOINTO a MOVED INTO P COOMERACOOMERACOOMERA Map: Westfield Coomera Forecast Total Trade Area &&& SURROUNDSSURROUNDSSURROUNDS Key of Forecast Trade Areas: Main Trade Area (MTA): Primary Trade Area: Primary and Secondary Trade Areas combined. Secondary Trade Area: Total Trade Area (TTA): Source: Urbis 2017, Trade Area based on forecast by Urbis. © 2016. PSMA Australia Tertiary Trade Area: Primary, Secondary and Tertiary Trade Areas combined. Ltd, HERE Pty Ltd. ABS. Produced by Urbis Pty Ltd ABN 50 105 256 228, Nov 2016 Source: Urbis 2017, Trade Area based on forecast by Urbis, Brisbane Metro is defined as the ABS Greater Capital City Statistical Area: 3GBRI. Gold Coast is The Westfield Coomera Forecast Total Trade Area was forecast by Urbis based on intended retail mix on completion of the 2018 development. It is comprised of 2 Primary, 3 Secondary and 1 Tertiary Trade Area sectors. defined based on ABS Statistical Areas (SA4) EAGLEBY EDENS LANDING Beenleigh WATERFORD ALBERTON Marketplace HOLMVIEW BEENLEIGH MOUNT WARREN PARK BAHRS SCRUB The Gold Coast population now totals over 580,000 residents, with 118,000 new Secondary residents in the last 10 years. Over half these new residents have moved into the North BANNOCKBURN Westfield Coomera Total Trade Area (61,000). ORMEAU The forecast Total Trade Area for Westfield Coomera spans from Beenleigh and Woongoolba in the north to parts of Arundel and Pacific Pines in the south. FORECAST TRADE AREA GROWTH YARRABILBA Primary East P a c WILLOW i f i VALE c M COOMERA The Westfield Coomera Total Trade Area Population was estimated at 146,130 in 2016, t w y Primary and is forecast to reach 162,920 in 2019, and extend to 200,440 residents by 2025. Secondary West Westfield Coomera South East HOPE ISLAND The total trade area population growth is steady and is forecast to grow at 3.7% per annum between 2016 – 2019, which is above both the Brisbane Metro (1.7%) and the UPPER COOMERA PARADISE POINT Gold Coast (2.2%) averages. Runaway Bay Forecast population growth between 2016 and 2019 is highest amongst Primary East Shopping Village (11.4% per annum), Primary West (3.3%, per annum) and Secondary North (3.8% per Secondary COOMBABAH South West annum) Trade Area Sectors. Go ld C oas LEGEND: t H wy Westfield Coomera Brisbane Rd BIGGERA Westfield Helensvale WATERS Sub-Regional Centre MAIN Tertiary South ARUNDEL BEACH Supermarket Centre LABRADOR PARKWOOD Source: Urbis 2017, Trade Area based on forecast by Urbis, Brisbane Metro is defined as the ABS Greater Capital City Smith Street Mtwy y Smith St Statistical Area: 3GBRI. Gold Coast is defined based on ABS Statistical Areas (SA4) High St Australia Fair w t M c i f i c MOLENDINAR SOUTHPORT a P SPEND ON THEIR FAMILIES As at the 2011 Census, 39% of households in the Westfield Coomera Total Trade Area were families with children under 15 years, which is above the Brisbane Metro average (29%). As at the 2011 Census, the average income per household in the Westfield Coomera Total Trade Area was $89,458 per annum, broadly in line with the Brisbane Metro average of $88,027. This was highest amongst the Primary East ($92,590 per annum), Secondary South East ($91,752 per annum) and Tertiary South ($91,159 per annum) trade area sectors. The total retail spend by the Westfield Coomera Total Trade Area was estimated at $1.9 billion in 2016 and is estimated to reach $2.2 billion in 2019, extending to $2.9 billion in 2025. The estimated total retail spend for the Westfield Coomera Total Trade Area is forecast to grow at 4.9% per annum between 2016-2019 and is highest amongst the Primary Trade Area at 7.5% per annum. This is above the estimated total retail spend percentage growth forecasts for the Brisbane Metro (2.9% per annum) and Gold Coast (3.5% per annum) averages. Source: Urbis 2017; ABS Census 2011. Trade Areas based on forecast by Urbis Refer to pages 9-10 for Trade Area definition AVERAGEAVERAGEAVERAGE INCOMEINCOMEINCOME PERPERPER HOUSEHOLDHOUSEHOLDHOUSEHOLD INLINEINLINEINLINE WITHWITHWITH BRISBANEBRISBANEBRISBANE AVERAGEAVERAGEAVERAGE $2.2 billion TOTAL TRADE AREA FORECAST RETAIL SPEND 2019 $2.9 billion TOTAL TRADE AREA FORECAST RETAIL SPEND 2025 Source: Urbis 2017; ABS Census 2011.