Port Stephens Economic Profile
The Economic Profile produced by the Economic Development unit of Council provides an insight into the local economy of Port Stephens. Based on key economic indicators including Demographics, Employment, Industry, Housing, Tourism and Business Activity, this publication aims to promote investment and economic opportunity within the LGA.
Compiled in conjunction with Remplan - leading specialists in detailed demographic and economic data – the Economic Profile is an invaluable resource for investors, business owners, developers and the wider community. The data in this profile is current as of January 2017 and is representative of Port Stephens as a whole. Please contact the Economic Development unit via email at firstname.lastname@example.org or by phoning (02) 4988 0255 to ensure you have the latest figures or for assistance in obtaining further information.
|City Area||85847.3 Ha or nearly 1,000 square kilometres|
|Population||71,406 people (ERP, March 2017)|
|Employment||22,689 Jobs (ABS, 2011)|
|Unemployment Rate||4.6% (SALM, March Quarter, 2017)|
|Number of Businesses||4,787 businesses (ABS, June 2016)|
|Tourism (visitors per year)||Over 1.3 million (Tourism Research Australia, 2014)|
|Gross Regional Product||$4.203 billion (ABS, June 2016)|
|Output||$10.032 billion (ABS, June 2016)|
|Key Propulsive Sectors||Manufacturing Sector and Public Administration & Safety Sector|
- A diverse industry base linked to the pristine natural environment and key strategic location in the Hunter.
- Access to key markets with a two hour drive north of Sydney and 30 minutes from the Port of Newcastle.
- Home to Newcastle Airport - a major economic driver for the Hunter Region.
- Australia's premier pilot training facility, the Royal Australian Air Force (RAAF), is located adjacent to the Airport at Williamtown.
- A significant defence and aviation hub leading the way in aerospace research and development.
- A robust global manufacturing sector located at Tomago in the south, alongside Heatherbrae, a major commercial bulky goods precinct.
- A major regional visitor destination in NSW attracting on average 1.3 million visitors per year.
- A buoyant residential and non-residential construction market.
- A vibrant business community with key commercial centres at Raymond Terrace, Nelson Bay and Salamander Bay.
- A quality lifestyle offering including the bushland suburbs of Medowie, Seaham, Bobs Farm and Salt Ash; and sublime coastal locations on the Tomaree Peninsula and the Tilligerry Peninsula.