Residents

Glebe Point Road

Glebe Point Road village had an estimated population of 20,692 in 2014.

The area is home to a diverse group of residents of various nationalities and ethnic groups, including a significant Aboriginal and Torres Strait Islander population and also a significant number of students.

The average household income at the time of the 2011 Census was moderate, being 4.8% above the Metro Sydney average but 3.9% below the City of Sydney average.

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Recent population growth

In 2014 Glebe Point Road village had an estimated population of 20,692 people. As shown in Chart 2, over the period 2006 to 2014 population growth in the village averaged 1.6% per annum, which is slightly below the City of Sydney local area average of 1.9% per annum over the same period.

Chart 2 – Estimated Resident Population

Chart 2 – Estimated Resident Population

Figure 3 illustrates the population density by block throughout Glebe Point Road village. As the map shows, population density tends to be fairly uniform throughout most of the village. The most notable exceptions are pockets of high density in the south-west corner of the village, near the corner of Broadway and Wattle Street, and in the south-west corner near the intersection of Parramatta Road and Booth Street. There is also a patch of low density either side of The Crescent south of Jubilee Park. 

Figure 3 – Population Density, 2011

Figure 3 – Population Density, 2011

Demographics

Residents of the village are a diverse group. The area is home to people of various nationalities and ethnic groups, including a significant Aboriginal and Torres Strait Islander population. There is also a significant student population due to the proximity of some major educational institutions, including The University of Sydney and the University of Technology, Sydney. Table 1 shows some of the key demographics of the resident population, with highlights including:

  • Median household incomes are below both the City of Sydney local area and Metro medians, reflecting the mix of higher-income professionals with students and public housing tenants.
  • The average age is below that of both the City of Sydney local area and Metro Sydney.
  • There is a high proportion of residents with tertiary education qualifications.
  • There is also a relatively high proportion of students, with 20% of residents currently undertaking tertiary education.
  • The proportion of renters in the village is high, but in line with the City of Sydney local area average. 15% of all residents are renters of public housing.

Table 1 – Key Demographic Indicators, 2011

Glebe Point Road City of Sydney Metro Sydney
Median Household Income $73,678 $84,941 $75,451
Av. Age 35.6 36.1 37.1
Av. Household Size 2.0 1.9 2.7
% White Collar Workers 88% 87% 74%
% Born Overseas 42% 49% 36%
Education
Bachelor Degree or Higher* 52% 48% 27%
Studying at University/TAFE 20% 17% 8%
Housing Status
Owner 15% 14% 31%
Purchaser 22% 24% 36%
Renter - Public 15% 10% 5%
Renter - Private 47% 51% 27%
Household Structure
Couples with No Kids 26% 28% 24%
Families (inc single parent) 21% 18% 49%
Singles 41% 40% 23%
Groups 11% 14% 4%
Source: Census of Population and Housing, 2011 – ABS

Chart 3 illustrates the distribution of household incomes in the village compared to the distribution across the City of Sydney local area and Metro Sydney. This shows that household incomes in the village are fairly evenly spread, with above-average proportions in the bottom 2 brackets, but also the top bracket. This reflects the diversity of village residents with students and public housing tenants contributing to the high proportion of low income households while well paid professionals contribute to the high proportion of wealthy households.

Chart 3 – Household Income Distribution, 2011

Chart 3 – Household Income Distribution, 2011

Figure 4 illustrates average household income by block across the village. From this map it is apparent that the majority of high income housing is located to the north of St Johns Road.

Figure 4 – Average Household Income, 2011

Figure 4 – Average Household Income, 2011

Resident retail spending

Chart 4 shows the estimated level of retail spending per capita in the village for 2012, based on Marketinfo modelling. This chart shows that retail spending per capita in the village is estimated to be above the City of Sydney average for all categories with the exception of the food catering category, which covers cafés, restaurants and take-away food. This can possibly be explained by the slightly higher presence of families and students in the village, as both groups tend to spend less on eating out.

Village residents spend the largest portion of their money on the food retail category with the average spend marginally above the City of Sydney average. This category includes groceries and other supermarket-type goods and therefore covers the more essential shopping items, which are important for residents of all income groups.

Chart 4 – Resident Retail Spending Per Capita, 2012

Chart 4 – Resident Retail Spending Per Capita, 2012

What does this mean for my business?

Understanding the characteristics of the local resident population is important for both retail and non-retail businesses. For retailers, local residents usually make up a core part of their market and are a key source of repeat business. Local residents also often make up a large part of the workforce of local businesses.

Glebe Point Road village contains a fairly diverse group of residents who will have fairly distinctive demands. The significant number of high-income white-collar residents in the area will create more demand for high-end cafés, restaurants and retail goods.

Meanwhile residents with lower incomes will support demand for more value-oriented businesses. This end of the market will also be supported by the student market who will also demand more entertainment services. Understanding the location of each segment within the village will help local businesses cater better to their demands. 

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