Eli Waters Shopping Centre
Key Features
Address Ibis Blvd, Eli Waters QLD
Telephone (02) 9908 0344
Total Retail Space 6,082m²
Gross Lettable Area Total: 6,082m²
Number of Retailers 25
Car Parking Spaces 336
Centre Type Neighbourhood Shopping Centre
Major Retailers Woolworths
Opening Hours
Monday 9.00am - 5.30pm
Tuesday 9.00am - 5.30pm
Wednesday 9.00am - 5.30pm
Thursday 9.00am - 9.00pm
Friday 9.00am - 5.30pm
Saturday 9.00am - 5.00pm
Sunday 10.00am - 4.00pm
Public Holidays 10.00am - 5.00pm
*Some stores may vary.
Property Overview
Hervey Bay is a dynamic coastal urban centre approximately 300 kilometres north of Brisbane.
Hervey Bay is renowned for its natural features and environment including calm waters, beaches, the annual whale migration, world heritage listed Fraser Island and the Southern Great Barrier Reef.
With a growing resident population estimated to be in excess of 48,000, Hervey Bay is experiencing strong economic growth making it one of the fastest growing communities in Australia.
The new shopping centre at Eli Waters (opened September 2007) offers retailers high exposure from the highway as well as being the first neighbourhood shopping centre people see as they enter the town and the last as they are leaving along the Maryborough Hervey Bay Road. Add to this the new housing developments surrounding the centre being purchased by young families, the fact that Eli Waters is the only Shopping centre on the Fraser Coast with all elements of Fresh Food and the presence of some of Australia’s premier retailers making Eli Waters Shopping Centre the most unique modern and convenient shopping experience anywhere within the Fraser Coast region.
Catagory: Neighbourhood Centres
Location
Trade Area Demographics
Within 5km - Urraween, Pialba, Kawungan The predominant age group in the area is 25-54 representing 32.7% of the total Primary Trade Area. The predominant income group is $26000 - $41548 representing 23.5% of the total Primary Trade Area.
Median age is 44
Within 10km - Scarness, Torquay, Point Vernon The predominant age group in the area is 25-54 representing 32.7% of the total Secondary Trade Area. The predominant income group is $26000 - $41548 representing 24.0% of the total Secondary Trade Area.
Median age is 37
Total retail market of the trade area population is currently estimated at $449.6 million. Projected to increase by 85% within 10 years. Residential population in excess of 48,000 growing at approximately 2,500 each year
Tourist population – estimated at 1 million each year
Primary sector is younger than the main trade area population, reflecting recent housing development in the vicinity of Eli Waters Shopping Centre, and younger home buyers.
Total retail market of the trade area population is currently estimated at $449.6 million, projected to increase to $834 million by 2016.
Tourists currently spend an estimated $106 million on retail items in Hervey Bay each year.
Demographic and Expenditure
AGE
| Primary | ||
|---|---|---|
| Age | Total | % |
| 0-14 | 2,788 | 19.19 |
| 15-24 | 1,532 | 10.56 |
| 25-54 | 4,756 | 32.74 |
| 55-64 | 1,938 | 13.34 |
| 65+ | 3,512 | 24.17 |
| Total | 14,526 | |
| Secondary | ||
|---|---|---|
| Age | Total | % |
| 0-14 | 2,564 | 18.22 |
| 15-24 | 1,517 | 10.78 |
| 25-54 | 4,600 | 32.72 |
| 55-64 | 2,010 | 14.28 |
| 65+ | 3,376 | 24.00 |
| Total | 14,067 | |
Expenditure
| Primary | ||
|---|---|---|
| Income | Total | % |
| $0-12,948 | 98 | 2.7 |
| $13k-25,948 | 717 | 19.4 |
| $26k-41,548 | 867 | 23.5 |
| $41,600-62,348 | 761 | 20.6 |
| $62,400-88,348 | 419 | 11.3 |
| $88,400-129,948 | 284 | 7.7 |
| $130k+ | 148 | 4.0 |
| Partial Income | 303 | 8.1 |
| Not Stated | 99 | 2.7 |
| Total | 3,696 | |
| Secondary | ||
|---|---|---|
| Income | Total | % |
| $0-12,948 | 133 | 3.4 |
| $13k-25,948 | 748 | 19.3 |
| $26k-41,548 | 928 | 24.0 |
| $41,600-62,348 | 869 | 22.5 |
| $62,400-88,348 | 424 | 11.0 |
| $88,400-129,948 | 244 | 6.3 |
| $130k+ | 116 | 3.0 |
| Partial Income | 302 | 7.7 |
| Not Stated | 107 | 2.8 |
| Total | 3,871 | |