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Mackay Economic Profile MACKAY ECONOMIC PROFILE DISCLAIMER All figures and data presented in this document are based on data sourced from the Australian Bureau of Statistics (ABS), and other government agencies. Using ABS datasets, the regional economic modelling software ‘REMPLAN Economy’, has been applied to generate industrial economic data estimates. This document is provided in good faith with every effort made to provide accurate data and apply comprehensive knowledge. However, REMPLAN does not guarantee the accuracy of data nor the conclusions drawn from this information. Economic Development Department (07) 5689 1499 / (03) 5444 4788 1300 MACKAY (622 529) www.remplan.com.au [email protected] www.mackay.qld.gov.au OVERVIEW EMPLOYMENT DEMOGRAPHICS INDUSTRY HOUSING TRENDS TOURISM SUMMARY 02 The region’s expanding employment, investment and development opportunities, buoyant economy and lifestyle attributes are just some of the many positive aspects that encourage people to live, work and play in the Mackay region. The Mackay Regional Local Government Area is one of the fastest- growing in Queensland, with a population of over 120,000. The region’s growth is fuelled by strong activity in the resources sector, resurgence in agribusiness, and growth in construction, logistics and tourism. The Mackay region is the gateway to the rich coal deposits in the Bowen and Galilee Basins. It is one of the largest sugar-producing regions in Australia and hosts much of the engineering, manufacturing and mining services industries supporting the wider Mackay- Isaac-Whitsunday economy. Only an hour’s flight from Brisbane, the Mackay region boasts an enviable lifestyle and a buoyant economy with the benefits of a fast-growing coastal city. Its coastal location is complemented by its spectacular natural environment. This includes 31 beaches, a picturesque blue river and a pristine rainforest hinterland. This website presents economic and demographic data for the Mackay region. For further information on the Mackay region, please contact the Mackay Regional Council’s Economic Development team – phone: 1300 Mackay (622 529) or (07) 4961 9444. The industry sectors which are the key drivers of the Mackay region’s economy in terms of regional exports, employment, value-added and local expenditure on goods and services (backward linkages) are recognised as key propulsive industries. At the 114 industry sector level, the industry sectors which ‘ranked’ in the top 10 in terms of regional exports, employment, value- added and local expenditure on goods and services (backward linkages) are: Mackay Region Construction Services > Heavy & Civil Engineering Construction GRP - $6.962b > Wholesale Trade Population – 123,724 > Pre-School, Primary, Secondary & Special Education Strong population growth forecast, heading towards 200,000 over the coming decades Professional, Scientific & Technical Services > Gateway to the Bowen and Galilee Basins Sugar & Confectionery Manufactiring > Located an hour’s flight to Brisbane Health Care Services > Great Barrier Reef located just off shore Retail Trade Coal Mining Agriculture, Forestry & Fishing Support Services Mackay Economic Profile | June 2016 The estimated resident population in the Mackay region as at June 30, 2015 was 123,724 people. Between 2005 and 2015 the Mackay region (estimated resident) population increased by 23,823 people (23.9%), with an average annual compound population growth of 2.16% between 2005 and 2015. 120,000 100,000 80,000 60,000 106,026 108,644 111,455 113,669 115,960 119,162 121,768 123,335 123,724 40,000 99,901 103,567 20,000 0 2005 2006 2007 2008 2009 2010 2011 2012r 2013r 2014r 2015p # BETWEEN 2005 AND 2015, the population of the Mackay region increased by 23,823 people. Between 2005 and 2015, the population of the Mackay region increased by 23,823 people. The majority of population increase during this time occurred in Eimeo-Rural View, which increased by 5,147 people, an annual average increase of 5.8%. Pioneer Valley (3,309) and Mount Pleasant – Glenella (2,909) experienced the next highest levels of population increase over the 10 year period. Eimeo-Rural View and Pioneer Valley experienced the highest rates of growth, followed by Ooralea-Bakers Creek and Mackay Harbour. Population (ERP JUNE 30) Population Change (Ann. Avg) Statistical Area Level 2 2005 2010 2015 05-10 10-15 05-15 Andergrove - Beaconsfield 13,861 14,743 15,910 1.2% 1.5% 1.4% East Mackay 3,674 3,767 3,904 0.5% 0.7% 0.6% Eimeo - Rural View 6,865 9,632 12,012 7.0% 4.5% 5.8% Eungella Hinterland 0 0 4 0.0% 0.0% 0.0% Mackay 3,787 4,106 4,397 1.6% 1.4% 1.5% Mackay Harbour 350 536 538 8.9% 0.1% 4.4% Mount Pleasant - Glenella 8,838 10,874 11,747 4.2% 1.6% 2.9% North Mackay 6,323 6,934 7,143 1.9% 0.6% 1.2% Ooralea - Bakers Creek 3,159 3,907 4,986 4.3% 5.0% 4.7% Pioneer Valley 5,133 6,902 8,442 6.1% 4.1% 5.1% Sarina 10,660 11,690 12,256 1.9% 1.0% 1.4% Seaforth - Calen 7,834 8,519 8,630 1.7% 0.3% 1.0% Shoal Point - Bucasia 4,389 5,291 6,014 3.8% 2.6% 3.2% Slade Point 3,905 3,998 4,022 0.5% 0.1% 0.3% South Mackay 7,189 7,557 7,839 1.0% 0.7% 0.9% Walkerston - Eton 7,600 8,528 8,937 2.3% 0.9% 1.6% West Mackay 6,334 6,685 6,943 1.1% 0.8% 0.9% Mackay Region 99,901 113,669 123,724 2.6% 1.7% 2.2% Source: ABS, Estimated Resident Population, 3218.0, Table 3. Mackay Economic Profile | June 2016 Queensland Government population projections, 2015 edition (medium series) were released in April 2016. Between 2016 and 2036, the population of the Mackay region is projected to increase by 44,943 people. The average annual projected population growth between 2016 and 2036 of 1.5% is lower than the average growth rates experienced over the previous 10 years (2.2%). Apart from Eungella Hinterland (which has a large increase from a small population base), between 2016 and 2036, the highest growth is projected for Ooralea – Bakers Creek (3.5%) which is projected to increase by approximately 4,956 people from 2016 to 2036. POPULATION PROJECTIONS – MACKAY (R) Avg Annual Change Statistical Area Level 2 2016 2021 2026 2031 2036 2016-2026 2026-2036 Andergrove - Beaconsfield 16,298 17,680 18,447 19,666 21,548 1.2% 1.6% East Mackay 3,900 4,110 4,397 4,576 4,628 1.2% 0.5% Eimeo - Rural View 12,297 14,950 17,648 19,765 22,853 3.7% 2.6% Eungella Hinterland 3 5 8 13 19 10.3% 9.0% Mackay 4,463 4,717 5,122 5,832 6,213 1.4% 1.9% Mackay Harbour 539 549 589 669 687 0.9% 1.6% Mount Pleasant - Glenella 12,030 12,753 13,800 14,807 15,516 1.4% 1.2% North Mackay 7,341 7,468 7,687 8,012 8,145 0.5% 0.6% Ooralea - Bakers Creek 5,090 6,084 7,246 8,732 10,046 3.6% 3.3% Pioneer Valley 8,737 9,403 10,432 11,635 13,965 1.8% 3.0% Sarina 12,615 13,000 13,984 15,131 15,775 1.0% 1.2% Seaforth - Calen 8,738 8,924 9,333 9,790 10,119 0.7% 0.8% Shoal Point - Bucasia 6,202 6,834 7,827 9,220 10,390 2.4% 2.9% Slade Point 4,049 4,126 4,284 4,428 4,540 0.6% 0.6% South Mackay 7,943 8,082 8,180 8,307 8,411 0.3% 0.3% Walkerston - Eton 9,188 9,429 9,742 10,135 10,480 0.6% 0.7% West Mackay 6,940 7,196 7,542 7,746 7,978 0.8% 0.6% Mackay Region 126,373 135,310 146,268 158,464 171,313 1.5% 1.6% Source: Queensland Government population projections 2015 edition; (medium series), by Statistical Area 2 (SA2), SA3 and SA4 Queensland, 2011 to 2036. POPULATION PROJECTIONS BY AGE COHORT – MACKAY (R) 0-14 15-29 30-49 50-64 65-79 80+ Total 2016 26,818 25,352 36,077 23,537 11,300 3,286 126,370 2021 28,825 25,717 38,263 25,161 13,501 3,845 135,312 2026 30,560 27,672 41,067 26,202 15,987 4,782 146,269 2031 32,507 29,985 44,335 27,432 18,027 6,178 158,464 2036 34,727 32,289 46,967 29,803 19,773 7,754 171,313 2016-2036 7,909 6,937 10,890 6,266 8,473 4,468 44,943 2016 2026 2036 50,000 40,000 30,000 19,773 20,000 15,987 11,300 26,818 30,560 34,727 25,352 27,672 32,289 36,077 41,067 46,967 23,537 26,202 29,830 10,000 7,754 4,782 3,286 0 0-14 15-29 30-49 50-64 65-79 80+ From 2016 to 2036, the Mackay LGA is projected to be the 9th largest growing LGA from a total of 78 LGAs in Queensland. 2016 - 2026 2026 - 2036 180,000 160,000 140,000 120,000 100,000 80,000 60,000 46,721 42,514 73,241 86,055 40,000 135,753 168,230 109,953 178,584 128,380 128,488 97,079 89,337 72,543 106,068 33,572 30,501 25,044 20,714 19,899 20,000 19,143 0 Gold Coast Ipswich Brisbane Logan Moreton Sunshine Townsville Cairns Mackay Toowoomba Bay Coast Mackay Economic Profile | June 2016 RESIDENT 0 to 4 1,216 DEMOGRAPHIC 5 to 9 312 OVERVIEW (2011 10 to 96 CENSUS) AGE 15 to 764 Analysis of the community profile of the Mackay 20 to 932 region in 2011 compared to the Mackay Statistical Division (SD) (Mackay Statistical Area 4 (SA4), 25 to 2,501 comprising the Mackay, Isaac and Whitsunday LGAs) shows that the age structures are in line with 35 to 1,401 one another.
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