Businesses

Glebe Point Road

Glebe Point Road village is mainly residential in nature and a large proportion of businesses in the village are aimed at catering to the resident population.

This includes a significant number of businesses in retail and food and drink.

A large proportion of the business floor space in the village is focused on the Broadway/Parramatta Road and Glebe Point Road corridors, with the remainder of the village being mainly residential in character.

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Employing businesses by type and size

Table 2 displays data from the City of Sydney's Floor Space and Employment Survey, 2012 (FES) showing the number of employing businesses within Glebe Point Road village, broken up by their city-based industry sector and size in terms of number of employees.

In 2012 the village had an estimated 877 businesses. This is evidence of the mostly residential character of the village.

The village economy was dominated by small businesses, with the average number of employees per business in the village being 11.4. Businesses with less than 20 employees also accounted for 90.4% of all businesses, compared to the City of Sydney local area average of 84.8%.

In terms of number of businesses, the village was dominated by food and drink, and retail. The food and drink industry sector accounted for 25.9% of all businesses, while retail and personal services accounted for another 19.7%. The next largest sector was creative industries at 8.7% of all businesses. Given that Glebe Point Road village has a largely residential character, it is unsurprising that the majority of businesses in the area should be retail and food and drink, as these businesses are the type that are aimed at servicing local residents.

Over the period 2007 to 2012, the total number of businesses in Glebe Point Road village saw a net increase of 24%. Industries to experience the largest net increase included food and drink (47 more businesses than in 2007) and creative industries (30 more businesses than in 2007).

Table 2 – Number of Employing Businesses by Size, 2012

Very Small (1–4) Small(5–19) Medium (20–199) Large (200+) Total Total(%)
Community 5 12 6 0 23 2.6%
Creative Industries 35 32 7 2 76 8.7%

Finance & Financial Services

11 8 0 1 20 2.3%

Food & Drink

122 95 9 1 227 25.9%

Government

6 7 4 0 17 1.9%

Health

24 24 2 0 50 5.7%

Higher Education & Research

4 3 6 1 14 1.6%

ICT

14 17 2 1 34 3.9%

Life Science (Bio-Tech)

7 7 2 0 16 1.8%

Manufacturing

6 4 0 0 10 1.1%

Motor Vehicle

6 8 3 0 17 1.9%

Natural Resource-Based Industries

0 0 0 0 0 0.0%

Professional & Business Services

29 22 12 0 63 7.2%

Property Development & Operation

16 11 6 0 33 3.8%

Retail & Personal Services

106 61 6 0 173 19.7%

Social Capital

17 11 10 0 38 4.3%

Tourist, Cultural & Leisure

18 27 3 0 48 5.5%

Transport & Logistics

6 11 0 0 17 1.9%

Utilities

0 1 0 0 1 0.1%

Total

432 361 78 6 877 100.0%

Source: Floor Space and Employment Survey, 2012 – City of Sydney

Food and drink

Food and drink businesses are an important part of Glebe Point Road village in terms of the number of businesses and workers, however as shown in Table 3, the amount of floor space associated with this business type is fairly low. This is unsurprising as the village contains many small restaurants and take away shops that take up a relatively small amount of floor space.

Between 2007 and 2012, the amount of restaurant/eating floor space in the village increased by approximately 4,000 sqm, or 14%. The number of employees associated with this space use also increased by 24%, however their share of total employment actually decreased slightly.

Table 3 – Restaurant/Eating Floor Space and Employees

2007 2012
Internal Floor Space (sqm) 28,907 32,881
% of Total Floor Area 1.4% 1.5%
Employees 1,020 1,268
% of Total Employment 14.0% 12.6%
Source: Floor Space and Employment Survey, 2012 – City of Sydney

Table 4 summarises the change in restaurant and café seating capacity between 2007 and 2012. This shows that restaurant seating increased by a strong 38.3%, however café seating increased by an even larger 71.6%. Both outpaced the growth in floor space, pointing to an intensification of the utilisation of existing floor space. The strong growth in café seating capacity is indicative of the burgeoning café culture along Glebe Point Road and elsewhere in the village.

Table 4 – Restaurant/Eating Capacity Measures

2007 2012 % Change 2007–2012
Restaurant Seating 2,321 3,210 38.3%
Café/Coffee Lounge Seating 965 1,656 71.6%
Source: Floor Space and Employment Survey, 2012 – City of Sydney

Figure 5 shows the distribution of restaurant/eating floorspace throughout the village. From this map it is apparent that the dispersal is fairly limited, with the main concentration being along Broadway and Glebe Point Road. There is also a thinner concentration along Parramatta Road on the southern border of the village.

Figure 5 – Restaurant Floor Space

Figure 5 – Restaurant Floorspace

Retail

Table 5 shows the amount of floor space and employment in the shop/showroom category as counted by the Floor Space and Employment Survey in 2007 and 2012. With 68,804 sqm of shop/showroom floor space in 2012, Glebe Point Road village had a relatively high provision, representing around 7% of the total provision in the City of Sydney local area. 

Between 2007 and 2012, the amount of shop/showroom floor space in the village actually decreased by 8%, however the number of employees associated with this space use remained essentially unchanged. This points towards an intensification of use in the remaining space.

Table 5 – Shop/Showroom Floor Space and Employees

2007 2012
Internal Floor Space (sqm) 74,404 68,804
% of Total Floor Area 3.7% 3.2%
Employees 1,443 1,485
% of Total Employment 19.8% 14.8%
Source: Floor Space and Employment Survey, 2012 – City of Sydney

The distribution of shop/showroom floor space throughout the village is shown in Figure 6. This shows that the main concentration of floor space in the village is on the southern border along Broadway and Parramatta Road, with a particular cluster in the south-east corner around Broadway Shopping Centre. There is also a significant amount of shop/showroom floor space along Glebe Point Road.

Figure 6 – Shop/Showroom Floor Space

Figure 6 – Shop/Showroom Floorspace

Entertainment/Leisure

As shown in Table 6, in 2012 the Glebe Point Road village had 41,984 sqm of entertainment/leisure floor space. This was the third-lowest provision of all 10 villages, representing under 5% of the total City of Sydney local area supply.

Between 2007 and 2012, the amount of space in the entertainment/leisure category increased by a moderate 5%. The amount of workers associated with this floor space more than doubled, but this was off a low base.

Table 6 – Entertainment/Leisure Floor Space and Employees

2007 2012
Internal Floor Space (sqm) 40,008 41,984
% of Total Floor Area 2.0% 2.0%
Employees 100 211
% of Total Employment 1.4% 2.1%
Source: Floor Space and Employment Survey, 2012 – City of Sydney

Figure 7 shows the distribution of entertainment/leisure floor space throughout the village. This map shows pockets of entertainment floor space in the south-east corner around Broadway Shopping Centre and in the west of the village, along Pyrmont Bridge Road and Minogue Crescent.

Figure 7 – Entertainment/Leisure Floor Space

Figure 7 – Entertainment/Leisure Floorspace

Office

As shown in Table 7, the amount of office floor space in the village increased by 38,787 sqm, or 28%, between 2007 and 2012. However despite this increase Glebe Point Road village had the lowest provision of office floor space of all 10 villages in 2012, representing only 2% of the City of Sydney local area total.

The increase in office floor space was accompanied by a 55% increase in employees associated with this space use. The share of village workers in office workspaces also increased from 56.7% to 64.0%. Again though this is low compared to the City of Sydney local area average of 80.8%.

Table 7 – Office Floor Space and Employment

2007 2012
Internal Floor Space (sqm) 140,162 178,949
% of Total Floor Area 7.0% 8.4%
Employees 4,136 6,430
% of Total Employment 56.7% 64.0%
Source: Floor Space and Employment Survey, 2012 – City of Sydney

The distribution of office floor space throughout the village is shown in Figure 8. It shows that the main concentration of floor space is along Parramatta Road and Broadway, with a significant amount in the south-western corner between Wattle Street and Bay Street.

Figure 8 – Office Floor Space

Figure 8 – Office Floorspace

Industrial

Industrial businesses do not have a significant presence in Glebe Point Road village. Table 8 shows that in 2012 there was 17,756 sqm of industrial floor space in the village.

Between 2007 and 2012, industrial floor space increased by 5%, however the workforce associated with this space use remained essentially unchanged.

Table 8 – Industrial Floor Space and Employment

2007 2012
Internal Floor Space (sqm) 16,845 17,756
% of Total Floor Area 0.8% 0.8%
Employees 235 243
% of Total Employment 3.2% 2.4%
Source: Floor Space and Employment Survey, 2012 – City of Sydney

Figure 9 shows the distribution of industrial floor space throughout Glebe Point Road village. This shows that industrial floor space is mainly concentrated along Paramatta Road and Broadway in the south of the village, with some provision in the north-west corner around Jubilee Park.

Figure 9 – Industrial Floor Space

Figure 9 – Industrial Floorspace

What does this mean for my business?

This section can assist both existing businesses and those considering locating in the village in identifying the presence of competing and/or complementary businesses.

For some businesses, the presence of complementary businesses can be an important factor in deciding location due to the benefits of ‘agglomeration economies’. For instance, restaurants and cafés tend to cluster together due to the advantages of being located in a food and drink precinct, which attracts a large number of visitors – the food and drink grouping on Glebe Point Road is one such example.

Conversely, other types of business may prefer to locate far away from competitive business. Examples here would include supermarkets and cinemas, businesses which benefit from a ‘captive’ market. The provision of each of these businesses in Broadway Shopping Centre appears to have precluded similar businesses locating nearby.

Disclaimer

This information has been compiled from various sources. The publisher and contributors accept no responsibility for any injury, loss or damage arising from the use, error or omissions therein. While all care is taken to ensure a high degree of accuracy, users are invited to notify the City of Sydney of any discrepancies. No part of this information, including maps or data, may be reproduced without written permission.

Last updated: Tuesday, 16 June 2015