Buy Lease Buy or Lease Recent Transactions
You must specify a region, suburb, postcode or property ID ×
Any property type Agribusiness Health, Retirement & Aged Care Hotel & Leisure Industrial & Logistics Land & Development Site Office Retail Showroom & Bulky Goods Any Business Category Accommodation/Tourism Automotive Beauty/Health Education/Training Food/Hospitality Franchise Home/Garden Import/Export/Whole Industrial/Manufacturing Leisure/Entertainment Professional Real Estate Retail Rural Services Tech & Media Transportation/Distribution
Consulting firm Urbis has released its annual report into the state of the retail industry in ...
Consulting firm Urbis has released its annual report into the state of the retail industry in Western Australia.
Based on the market turnover for the financial year ending June 30 2011, the research shows a number of interesting features that could impact on commercial property over the medium term.
The report recognises that retail growth has slowed over the last few years, with year-end measurements of 2.6 per cent in 2011 compared to 3.7 per cent in 2010 and seven per cent in 2007 Australia wide.
However, a number of industry sectors in WA have proved to be remarkably resilient, being only one of two states to outperform the national average with a growth rate of four per cent.
In particular, the convenience sector showed remarkable growth when compared to the discretionary spending market across both regional and sub-regional areas - perhaps showing that consumers still place value in having their shopping needs met sooner rather than later.
While some of the more boutique fresh produce categories were shown to struggle a little in the face of this pattern, food and beverage retail businesses stood out from the pack across all regional and neighbourhood measures.
This shows that - while discretionary and boutique spending may be down in the short term, there is still room in the retail market for businesses that offer customers convenient alternatives.
Please enter Office Name
Please enter Agent Name
Please enter your Name
Please enter your valid Email Address
Please enter a valid Contact Number (Either Home Phone or Mobile/Cell)
Please enter your Enquiry
Subscribe to our newsletter for more eBooks, latest research, market updates, suburb reports, offers & more
Thank you for downloading this book. It will arrive in your inbox shortly!
We thought you might enjoy the following from our blog and resource library
Please enter your message
Send me financing information
Thank you for your enquiry.
We will be in touch soon.
State NSW/ACT VIC/TAS SA/NT QLD WA Please select your state
I agree to subscribe to our newsletter for more eBooks, latest research, market updates, suburb reports, offers & more Please check I agree for subscribe to our newsletter
Subscribe to our newsletter
We will not post anything without your consent
By signing up, I agree to the Privacy Policy and Conditions of Use
Forgot your password?
Forgot your password? Don't worry we'll email you instructions to reset your password. Enter your email address here.
Please enter your First Name
Please enter your Last Name
Please enter your Postcode
Area of
Industrial
Office
Retail
International
Development
Projects
Please check one or more of Area
Receive email alert