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Economic and Business Profile 2018

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Economic and Business Profile 2018 2018 ECONOMIC AND BUSINESS PROFILE for the Mid-Western Region Mudgee Rylstone Kandos Gulgong MayorFROM THE On behalf of the community, I would like to A key feature of the Region’s economy is welcome all new and prospective residents, its diversity. We offer jobs and business businesses and visitors to the Mid-Western opportunities in a number of industries, Region. including agriculture, retail, tourism and mining. People in the Region are vibrant, We are privileged to live in one of the most energetic, artistic and intelligent. The blessed regions in Australia with outstanding quality and diversity of the local labour tourist delights, investment opportunities force provides a real competitive edge. Our and lifestyle attractions. Add to this a four- commercial, residential and retail diversity all season climate, picturesque scenery, fine make the Region an outstanding place to visit wine and locally grown food produce and a and an even better place to live. real community with heart and soul; we have a perfect lifestyle envied by others. Our town centres in Gulgong, Kandos, Mudgee and Rylstone are alive with visitors Almost 25,000 people call the Mid-Western and families. The Region has open spaces, Region home and genuinely love where they parks and sporting facilities to enjoy outdoor live. We are welcoming and friendly, which activities and a large number of community is why the Region has become a popular and private events held each year. Local location for tree changers who have had markets celebrate our culture by way of enough of traffic jams, congestion and long fresh local food, craft and gifts for sale. There work hours. It offers the best of metropolitan are activities for the kids and a range of lifestyle conveniences, whilst maintaining entertainment for the whole family. the safe, clean, affordable, comfortable and convenient lifestyle of a friendly country The Mid-Western Region has a great deal community. going for it and I invite you to come and experience, in person, one of the truly most One of regional NSW’s fastest growing areas, liveable and enjoyable regions in NSW. the Mid-Western Region is the gateway to For those of you who have made the the Central West and Far West Regions of the Mid-Western Region your new home or place state. Just over 3 hours drive from Sydney and of business - congratulations and welcome! Newcastle, it is easily accessible and centrally For those of you who are visiting - enjoy! located to other major regional centres. Cr Des Kennedy Mayor Mid-Western Regional Council 2 2018 ECONOMIC AND BUSINESS PROFILE FOR THE MID-WESTERN REGION – JUNE, 2018 A prosperous COUNCIL DETAILS and progressive community Council name Mid-Western Regional Council Street address 86 Market Street, Mudgee, NSW 2850 we proudly Postal address PO Box 156, Mudgee, NSW 2850 call home. Email [email protected] Telephone 02 6378 2850 Fax 02 6378 2815 Mayor Councillor Des Kennedy General Manager Brad Cam Mendooran Coolah Coolah Tops National Park Dunedoo Cassilis Leadville G Uarbry O L A Y D E N H I G H W Birriwa Turill to Muswellbrook/ Newcastle to Dubbo Goulburn River Ulan National Park Goolma Gulgong Munghorn Gap Nature Wollar Reserve to Muswellbrook/ to Wellington/Orange Bylong Newcastle Cooyal Y A W Y D E R L L A N A L V U G N O Wollemi Mudgee R D L L U E Y National Park B Grattai Avisford Lake Nature Burrendong Reserve C Lue A S T L E R E Lake Windamere A G Hargraves H H I Rylstone Windeyer G H W A Y Dunns Swamp Pyramul Kandos Ilford Wollemi National Park Hill End Running Stream Glen Alice Sofala Glen Davis to Bathurst/Orange Capertee Newnes SCALE 5 10 1 5 20k m to Lithgow/Sydney COUNCIL STATISTICS Total population 24,826 Council area 8,752.3km² Roads network 2,448km Source: ABS 2016 Census, ABS 3218.0 Estimated Residential Population 2018 ECONOMIC AND BUSINESS PROFILE FOR THE MID-WESTERN REGION – JUNE, 2018 3 4 2018 ECONOMIC AND BUSINESS PROFILE FOR THE MID-WESTERN REGION – JUNE, 2018 The Mid-Western Region is located just over three hours from Sydney in Central West NSW. It has a dynamic and friendly community and a strong and diverse economic base, providing RegionalSNAPSHOT opportunities for future business development and growth. The Region also attracts over 528,000 visitors each year to experience local wine, food, sporting and cultural events. ESTIMATED REGIONAL RESIDENT TOWNS GROSS PRODUCT TOTAL POPULATION KEY Mudgee Gulgong $1.941 24,826 RYLSTONE BILLION KANDOS ROADS MAJOR NETWORK INDUSTRIES • AGRICULTURE • MINING 2,448 • TOURISM KILOMETRES • CONSTRUCTION • RETAIL MID-WESTERN STRONG REGION AREA COVERED TRANSPORT LINKS Skilled DIVERSE Workforce 8,752.3 ECONOMIC SQUARE KILOMETRES BASE FriendlyCOMMUNITY Source: REMPLAN Economic Profile, ABS 2016 Census, ABS 3218.0 Estimated Residential Population 2018 ECONOMIC AND BUSINESS PROFILE FOR THE MID-WESTERN REGION – JUNE, 2018 5 The Mid-Western Region is renowned for its elegant country charm, fine dining, picturesque views and a real community with heart and soul. Almost 25,000 people call the Mid-Western Region home, based in the towns of Mudgee, Gulgong, Kandos, Rylstone, surrounding LIVE settlements and villages. The lifestyle available to residents is second to none easily accessible and centrally located to other major with a wide and diverse range of services, facilities regional centres. and employment opportunities. The community is welcoming and friendly, which is why the Region The Region offers a range of housing options to has become a popular location for tree changers suit all tastes, budgets and family types. From urban who have had enough of traffic jams, congestion residential to large rural acreage, there is a wide and long work hours. selection of affordable property types. 32% of the residents in the Region own their home outright, It offers the best of metropolitan conveniences, whilst 38% have a mortgage. 27% currently rent whilst maintaining the safe, clean, affordable, and their home. convenient lifestyle of a friendly country community. The Region has a strong family-friendly focus with One of regional NSW’s fastest growing areas, the 26% of the population under 19 years of age. Mid-Western Region is the gateway to the Central West and Far West regions of the State. Just over 3 hours drive from Sydney and Newcastle, it is FUTURE GROWTH The Mid-Western Region has experienced New residential developments continue to strong population growth, with an annual expand to cater for the growing population. average rate of population growth over the With an adequate supply of vacant land in all last 10 years of 1.2%. Based on the annual towns, there are a range of land and housing average growth rate, the Region is projected options to suit individual tastes and budget to have over 30,000 residents by 2034. requirements. The Mid-Western Region’s population There are plans under way for a number continues to grow due to major project of infrastructure projects to be completed developments, quality lifestyle offerings, which will enhance local service delivery, proximity to major cities and affordable real including redevelopment to Mudgee estate markets. Hospital, local school expansions and new seniors living developments. 6 2018 ECONOMIC AND BUSINESS PROFILE FOR THE MID-WESTERN REGION – JUNE, 2018 2017Total POPULATION 24,826 KEYINDICATORS GENDER OF THE POPULATION AGE OF THE POPULATION 21.2% FEMALE MALE 20.3% 20.3% 19.7% 50.3%49.7% 18.5% 0-14 15-34 35-49 50-64 65+ POPULATION BY TOWN POPULATION GROWTH MUDGEE 46% GULGONG 24,826 8% 24,569 24,412 24,090 23,759 23,355 KANDOS 23,020 5% 22,774 22,469 22,186 RYLSTONE 3% NON-URBAN AREAS 38% 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 PEOPLE PER HOUSEHOLD PEOPLE AVE NO. PER HOUSEHOLD +06 242 05 551 04 1,110 03 1,219 2.4 02 3,124 PEOPLE 01 2,531 PER HOUSEHOLD 0 500 1,000 1,500 2,000 2,500 3,000 3,500 Source: ABS 2016 Census, ABS 3218.0 Estimated Residential Population 2018 ECONOMIC AND BUSINESS PROFILE FOR THE MID-WESTERN REGION – JUNE, 2018 7 The Mid-Western Region has a skilled and diverse workforce employed in various industries including mining, retail, agriculture, healthcare and construction. The Region has a strong sense of community and flexible work opportunities for career driven WORK individuals, young families and tree changers. The size of the labour force in the Mid-Western have been created in this sector with 3 large mining Region continues to increase in line with local projects located in the Ulan area. These projects economic opportunities. At the 2016 Census there have combined approval to extract up to 57 million were 10,369 people in the labour force, compared to tonnes per annum, with current approvals in place to 8,618 in 2011. 2039. 39% of the labour force are aged between 25 and The retail and health industries are the next biggest 44 years old, and 40% are aged between 45 and 64 employers in the Region, comprising 10.6% and 9.8% years. 47% of the labour force have certificate or of the labour force respectively. Whilst employment diploma level educational qualifications, whilst 14% numbers have remained relatively stable in the retail have a bachelor degree or above. sector at 1,069 jobs, the health sector has increased Job diversity remains a key feature of the local by 174 jobs in the last 5 years. The construction economy, with the labour force employed across 114 sector has also experienced significant job growth, different industry sectors.
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