Analysing regional locations – What investment principles can be gleaned from the highest performing regions in each state? Comparing capital city vs regional performance from 2003 – before and after covid (Ep.164)

 

 

Regional NSW – Highest performers

Drivers of regional growth – Lower Hunter

1. Proximity to the major capital city – 50 mins to Newcastle, 1 hr 50 mins to Sydney
2. Proximity to beach – 49 mins
3. Ave climate – winter 18-20 degrees
4. Population – est 94,734 (2020) / Newcastle 322,278 (2016) / Sydney 6.13M (2021)
5. Median age – 8 (2020) / 38 years NSW (2016)
6. Median income – $52,252 (2020)/ $51,389 NSW (2019)
7. Older towns – 1830
8. Quality of local nature –national parks, lakes, world heritage wilderness area. Vinyards one of Australia’s oldest grape-growing regions. Dining – artisan foods and farm-fresh produce, farmers markets. Day spas, golf courses, hunter valley zoo
9. Towns in the region –
   1. Singleton
   2. Cessnock
   3. Branxton
10. Industry – The Hunter is Australia’s largest regional economy, valued at over $40 billion. The region prospers economically and socially, supported by a highly professional and skilled workforce and strong research, health, tourism, manufacturing and defence sectors.
    1. Farming – Herbs, Apples, Turkeys, Sweet corn, Lettuce, Pears, Plantation fruits, Nurseries, outdoor Mushrooms, Almonds, Bananas, Tomatoes, Macadamias, Grapevines, Cut flowers, Pecans, Grapes for wine, Avocados, Cultivated Turf Raspberries, Strawberries, Mangoes
    2. The Port of Newcastle is the largest coal export port in the world, with its overall exports valued at almost $18.5 billion in 2016-17.
    3. Williamtown RAAF base sits at the heart of the region’s defence sector and is supported by a hub of important defence and aerospace companies. It is co-located with the Newcastle Airport, currently servicing 1.2 million passengers annually.

Regional VIC

Drivers of regional growth – Colac-Corangamite

1. Proximity to the major capital city – 60 mins to Geelong, 1 hr 50 to Melbourne
2. Proximity to beach – 48 mins to Lorne
3. Ave climate – winter 4-13 degrees
4. Population – est 37,498 (2020) / Geelong 253,269 (2016) / Melbourne 5.08M (2019)
5. Median age – 46.2 (2020) / VIC 38 (2021)
6. Median income – $43,674 (2019) / $51,027 (2019)
7. Older towns – proclaimed a shire in 1864, by 1870’s almost 700 people lived there
8. Towns in the region –
   1. Apollo bay
   2. Cobden
   3. Camperdown
   4. Terang
9. Quality of local nature – rural town set amongst picturesque volcanic plains and 30+ lakes, surrounded by quaint townships and offering a smorgasbord of things to do and see, botanic gardens, rainforest and tree top walk, heritage buildings, bird sanctuary, museums, cycling track following Old Beechy Rail Trail, wining and dining

Regional QLD

Drivers of regional growth – Gold Coast Hinterland

1. Proximity to the major capital city – 23 mins to Surfers paradise, 1 hr to Brisbane
2. Proximity to beach – 23 mins to Surfers Paradise
3. Ave climate – winter 9-21 degrees
4. Population – est 20,350 (2020) / Surfers paradise 23,689 (2016) / Brisbane 2.28M (2016)
5. Median age – 46.1 (2020) / QLD 38.5 (2021)
6. Median income – $48,596 (2019) / $50,298 (2019)
7. Older towns – 1865
8. Quality of local nature – premier holiday destination/activities, theme parks, beaches, shopping, night life, vinyards, waterfalls, national parks, outdoor activities (high ropes/zipline)

Regional SA

Drivers of regional growth – Limestone Coast

1. Proximity to the major capital city – 3 hrs 30 mins to Adelaide, 2 hr 20 mins to Horsham VIC
2. Proximity to beach – on the beach
3. Ave climate – winter 5-14 degrees
4. Population – est 67,365 (2020) / Horsham 14,453 (2016) / Adelaide 1.3M (2016)
5. Median age – 6 (2020) / 41 (2021)
6. Median income – $45,601 (2019) / SA $49,888 (2019)
7. Older towns – settled since 1840’s
8. Towns in the region –
   1. Mount Gambier
   2. Penola
   3. Coonawarra
   4. Naracoorte
   5. Kingston
9. Industry – It is built from traditional agriculture based activities, but has now expanded to include forestry, manufacturing, tourism, engineering, transport, retail, health, education and service industries.
10. Quality of local nature – The Limestone Coast has jaw-dropping natural wonders, lush wine country, sprawling sandy-white beaches and unique experiences to spark your curiosity – lakes, sink holes, beach, caves, national parks, wine regions (Coonawarra). Mount Gambier – second largest town in South Australia

Regional TAS

Drivers of regional growth – South East Coast

1. Proximity to the major capital city – 1 hr to Hobart
2. Proximity to beach – on the beach
3. Ave climate – winter 4-13 degrees
4. Population – est 7,199 (2020) / Hobart 206,097 (2016)
5. Median age – 56.6 (2020) / 42 (2021)
6. Median income – $37,487 (2019) / TAS $47,352 (2019)
7. Older towns – settled since 1831
8. Towns in the region –
   1. Orford
   2. Triabunna
   3. Swansea
   4. Coles Bay
9. Industry – Tasmania is truly the breadbasket of Australia – the carrots, broccoli, peas, beans, cauliflower, potatoes, barley, wheat, oats, apples, pears, apricots and cherries, Vinyards, meat and dairy
10. Quality of local nature – vinyards, beach, national parks, Island national parks

Regional WA

Drivers of regional growth – Manjimup

1. Proximity to the major capital city – 1 hr 30 mins to Bunbury, 3 hr 15 mins to Perth
2. Proximity to beach – on the beach
3. Ave climate – winter 7-15 degrees
4. Population – est 23,253 (2020) / Bunbury 43,310 (2021) / Perth 1.98M (2016)
5. Median age – 48.1 (2020) / 36 (2016)
6. Median income – $39,670 (2019) / WA $54,220 (2019)
7. Older towns – settled since 1856, took off in 1910 as a result of railway line that was built
8. Towns in the region –
   1. Manjimup
   2. Pemberton
   3. Northcliffe
   4. Donnybrook
9. Industry – agriculture, timber, tourism and public administration.
10. Quality of local nature – Margaret River, State forests, lake, beach