Workforce

King Street

The University of Sydney and Royal Prince Alfred Hospital are the major drivers of employment in King Street village, accounting for over half of all jobs.

There are also a significant number of food and drink and retail workers located along King Street. This mix of health and education professionals and service workers means that average worker incomes in the village vary and are generally in line with Metro Sydney averages.

A large proportion of workers live in the City of Sydney and surrounding council areas. 

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Employment by industry

Table 8 summarises the total employment in the village by each of the city-based industry sectors.

Higher education and research is the largest industry of employment within the village due largely to The University of Sydney, employing 6,735 people – 38.3% of total employment.

The industry sector with the second highest number of employees is health, primarily through Royal Prince Alfred Hospital, employing 19.6% of total employment.

Table 8 – Employment by City-Based Industry Sector, 2012

Sector Employment % of Total Employment
Community 212 1.2%
Creative Industries 767 4.4%
Finance and Financial Services 58 0.3%
Food and Drink 1,078 6.1%
Government 195 1.1%
Health 3,441 19.6%
Higher Education and Research 6,735 38.3%
ICT 102 0.6%
Life Science (Bio-tech) 37 0.2%
Manufacturing 324 1.8%
Motor Vehicle 85 0.5%
Natural Resource-Based Industries 0 0.0%
Other 214 1.2%
Professional and Business Services 1,549 8.8%
Property Development and Operation 211 1.2%
Retail and Personal Services 770 4.4%
Social Capital 373 2.1%
Tourist, Cultural and Leisure 741 4.2%
Transport and Logistics 671 3.8%
Utilities 9 0.1%
Total 17,572 100.0%
Source: Floor Space and Employment Survey, 2012 – City of Sydney

Income of workers

The Journey to Work data produced by the Australian Bureau of Statistics can be analysed to show the annual personal incomes of those who work in King Street village. Chart 5 shows that people working within this village have personal incomes in line with the Metro Sydney average, however the village does not have the same concentration of workers in the highest income bracket as the City of Sydney local area overall, which encompasses the city centre. This moderate distribution of worker incomes is consistent with the mix of white-collar professional jobs and retail and hospitality jobs observed within the village.

Chart 5 – Workers' Weekly Personal Income

Chart 5 – Workers' Weekly Personal Income

Workers’ place of residence

As would be expected, the majority of people working within King Street village also reside within the City of Sydney local area. Chart 6 shows the top 10 council areas of residence for workers within this village. Outside of the City of Sydney, where 19% of village workers reside, a large number of workers come from the inner west local council areas of Marrickville (11%), Canterbury (5%) and Leichhardt (5%). The village also attracts workers from throughout Sydney due to the wide reach of The University of Sydney and good train access.

Chart 6 - Workers' LGA of Residence (Top 10), 2011

Chart 6 - Workers' LGA of Residence (Top 10), 2011

Workers’ mode of transport

Journey to Work data can also be used to show the modes of transport used by workers within the village to get to work. As show in Chart 7, workers within the village are less reliant on cars than the rest of the Metro Sydney workforce, but more than double the City of Sydney average. Use of trains and buses to get to work is below the City of Sydney average, a reflection of more available parking. Walking and cycling levels are also above average, which can be attributed to the large number of students and people who live in close proximity to their workplace.

Chart 7 – Workers' Mode of Transport

Chart 7 – Workers' Mode of Transport

Location of workers

Figure 9 shows the density of workers by block throughout the village based on FES 2012 data. This map shows that employment density is higher around the northern area of the village, particularly around The University of Sydney, Royal Prince Alfred Hospital and King Street, in areas that are well-serviced by public transport infrastructure.

Figure 9 – Employment Density

Figure 9 – Employment Density

What does this mean for my business?

As with local residents, local workers can be a key source of revenue for many businesses. The presence of educational and health professionals provide opportunities to tap into higher-paid workers. Analysis of the location and characteristics of the local workforce may assist retail and service providers in determining how best to benefit from this group of customers.

From an employer’s perspective the proximity to The University of Sydney provides opportunities to tap into the student population for worker needs. Students are generally looking for flexible working arrangements such as casual employment outside school hours.

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