Workforce

Oxford Street

The largest employer in Oxford Street village is the health industry, followed closely followed by creative industries.

This results in a mix of worker incomes predominantly focused around the middle brackets.

The majority of workers within this village live in the City of Sydney local area and neighbouring council areas, allowing them to use public transport and walking to get to and from their place of work.

For more information

Employment by industry

Table 9 summarises total employment in Oxford Street village by each of the city-based industry sectors. Largely due to St Vincent’s Hospital and the Garvan Institute being located within the village, the health sector is the largest employer, accounting for 3,522 workers, or 20.2% of total employment.

Creative industries was second with almost 16% of the workforce, while higher education and research accounted for 10.1%. The latter sector experienced strong growth between 2007 and 2012, almost tripling its workforce over this period.

Table 9 – Employment by City-Based Industry Sector, 2012

Sector Employment % of Total Employment
Community 593 3.4%
Creative Industries 2,710 15.5%
Finance and Financial Services 454 2.6%
Food and Drink 1,677 9.6%
Government 922 5.3%
Health 3,522 20.2%
Higher Education and Research 1,768 10.1%
ICT 845 4.8%
Life Science (Bio-tech) 32 0.2%
Manufacturing 13 0.1%
Motor Vehicle 160 0.9%
Natural Resource-Based Industries 0 0.0%
Other 55 0.3%
Professional and Business Services 1,387 7.9%
Property Development and Operation 268 1.5%
Retail and Personal Services 864 4.9%
Social Capital 395 2.3%
Tourist, Cultural and Leisure 1,599 9.2%
Transport and Logistics 181 1.0%
Utilities 10 0.1%
Total 17,455 100.0%

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

Income of workers

Journey to Work data produced by the Australian Bureau of Statistics can be analysed to show the weekly personal incomes of those who work in Oxford Street village, which is presented in Chart 5. The chart shows that incomes of workers in the area tend to be above the Metro Sydney average, but there is not the same concentration of high-income workers seen elsewhere in the City of Sydney. This type of income distribution is to be expected from an area which has a large number of workers in fields such as health, which is characterised by white-collar professionals on moderate salaries.

Chart 6 – Workers’ Personal Income (Annual)

Chart 6 – Workers’ Personal Income (Annual)

Workers’ place of residence

Chart 7 shows that the majority of people working in Oxford Street village also reside within the City of Sydney local area. The chart shows the top 10 council areas of residence for workers within the village with 23% of workers living within the City of Sydney. Other significant sources of workers include the nearby council areas of Randwick, Waverly, Woollahra and Marrickville.

Chart 7 – Workers’ LGA of Residence (Top 10), 2011

Chart 7 – 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 in Oxford Street village to get to work and this data has been presented in Chart 8. Although the largest proportion of work trips (42%) are by car, this is still significantly below the Metro Sydney average (67%). The concentration of activity within the village also allows a significant proportion of workers to walk to work (13%), particularly with many workers living in the village or nearby. Despite the fact that there are no train stations within the village, 16% of workers still travel to work by train, while 13% of workers rely on buses.

Chart 8 – Workers' Mode of Transport

Chart 8 – Workers' Mode of Transport

Location of workers

Figure 10 shows the density of workers by individual block throughout Oxford Street village, based on the FES 2012 data. The map shows the majority of employment is located in the northern half of the village, particularly between William and Oxford streets, and extending along Oxford Street to the east.

Figure 10 – Employment Density

Figure 10 – 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. While worker incomes in Oxford Street village are not extremely high, they are still above the Metro Sydney average, and will help support many retailers, particularly those who service the daytime population (for example, cafés, convenience stores, dry cleaners and so on). 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 existing presence of a large number of health workers in the area, and the fact that a large number of workers also live nearby, suggests there may be advantages for health-related businesses in locating in this village.

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