Regional Development Australia

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CENTRAL COAST REGIONAL SNAPSHOT 2016 | 3
Key Statistics.................................................................................................................................................................................................................. 4
Central Coast Regional Map........................................................................................................................................................................ 6
Regional Overview....................................................................................................................................................................................................7
Five Determinants of Long-Term Regional Economic Growth..............................................................................9
Human Capital...................................................................................................................................................................................................10
School Education...........................................................................................................................................................................10
Education Profile of the Workforce..................................................................................................................................... 12
Fields of Qualifications................................................................................................................................................................13
Education Providers......................................................................................................................................................................14
Sustainable Communities and Population Growth.......................................................................................................................15
Average Household Income ....................................................................................................................................................15
Unemployment and Employment Status....................................................................................................................... 17
Income Support...............................................................................................................................................................................18
SEIFA Index of Disadvantage.................................................................................................................................................18
Industry Composition – Total Employment ...................................................................................................................19
Industry Composition – Full-Time Equivalent Employment................................................................................ 21
Changes in Industry Composition .......................................................................................................................................22
Employment – Hours worked ................................................................................................................................................23
Workforce Occupations – All Industries ..........................................................................................................................24
Workforce Age Structure – All Industries........................................................................................................................ 25
Business Analysis...........................................................................................................................................................................26
Journey to Work..............................................................................................................................................................................28
Value Added Industries ...............................................................................................................................................................29
Visitor Economy...............................................................................................................................................................................31
Tourism & Hospitality Workforce .......................................................................................................................................... 33
Agriculture...........................................................................................................................................................................................35
Water and Environmental Management..........................................................................................................................36
Urban Growth Pressures...........................................................................................................................................................38
Residential Housing Activity....................................................................................................................................................38
Central Coast Dwelling Approvals and Net Dwelling Completions...............................................................39
Dwelling Approvals and Completions Compared to the Projected Housing Demand....................40
2015 State of the Land Report – UDIA...........................................................................................................................41
Housing Prices Compared to Sydney/NSW................................................................................................................42
Housing Rental .................................................................................................................................................................................43
Cultural Diversity and Indigenous Population..............................................................................................................44
Household and Family Types ..................................................................................................................................................45
Age Structure - Five Year Age Groups............................................................................................................................. 46
Population Growth.........................................................................................................................................................................48
Population Projections................................................................................................................................................................49
Access to International, National and Regional Markets..........................................................................................................50
Proximity to Sydney & Newcastle........................................................................................................................................50
Consumer Catchment.................................................................................................................................................................51
NorthConnex Project...................................................................................................................................................................52
Export Industries.............................................................................................................................................................................52
Regional Infrastructure Priorities...........................................................................................................................................54
Regional Communications....................................................................................................................................................... 55
Regional Networks and Industry Clusters..................................................................................................................... 55
Comparative Advantage and Business Competitiveness.........................................................................................................56
Regional Arts, Creative and Sporting Industries........................................................................................................ 56
Regional Competitiveness........................................................................................................................................................58
TABLE OF CONTENTS