King Street

King Street

Village characteristics

  • King Street village is located in the south western part of the City of Sydney local area and shares its boundary with Inner West Council. The area includes parts of the suburbs of Camperdown, Newtown, Erskineville and Alexandria.  It is bounded by Parramatta Road to the north, Euston Road and Campbell Road to the south and King Street and Church Street to the west.
  • The retail heart of the village area is concentrated along King Street, stretching from the south of Darlington to Sydney Park. 
  • Residential pockets are dispersed throughout the village area. Terrace houses and Victorian cottages continue to characterise the eastern half of the village in Erskineville and Newtown. Multi-unit developments built in the past 10 years are located in the southern half of the village area opposite Sydney Park.
  • King Street Village is also home to 2 of Sydney’s key health and educational institutions, The University of Sydney and Royal Prince Alfred (RPA) Hospital.

Total Figures

In 2017, in the village area there were:

  • 4,443 buildings
  • 759 business establishments employing workers
  • 15,499  workers
  • 2,331,684m² of internal floor area surveyed
  • 12,689 residential dwellings.

Businesses

Between 2012 and 2017 there were 45 fewer businesses, representing a decrease of 5.6%. The top 6 sectors by number of businesses:

City-based industry sector Businesses
Food and drink
205
Retail and personal services
143
Higher education and research
68
Health 56
Tourist, cultural and leisure
51
Creative industries
46

In 2017 the sector with the largest growth was food and drink, which increased by 23 businesses (12.5% increase) in the past 5 years. Small businesses (1–19 workers) accounted for 88.9% of all businesses employing 20.9% of workers in the village.

Workforce

There were 15,499 workers down 5.0% from 2012. The top 6 sectors by number of workers:

City-based industry sector Workers
Higher education and research
6,548
Health
4,494
Food and drink 1,133
Tourist, cultural and leisure 624
Retail and personal services
486
Professional and business services
466

The sector with the largest growth in worker numbers was health, which grew by 1,053 workers (30.6% increase) followed by higher education and research, which grew by 902 workers (16.0% increase) and food and drink, which grew by 35 workers (3.2% increase) since the 2012 survey. The sector with the largest decrease in worker numbers was professional and business services, which decreased by 1,022 workers (68.7% decrease).

Floor area

In 2017 the business floor area increased by 4.3% to 910,843m² and accounted for 39.1% of total floor space in the village. The top 6 sectors by floor area:

City-based industry sector Floor area (m²)
Higher education and research
351,463
Health
242,501
Transport and logistics
75,957
Tourist, cultural and leisure 49,070
Community
43,234
Food and drink
38,290

Significant growth sectors in the village by business floor area were higher education and research, which grew by 64,182m² (22.3% increase) followed by health, which grew by 56,614m² (30.5% increase). Negative growth sectors included creative industries, which declined by 32,667m² (73.0% decrease) and professional and business services, which declined by 18,939m² (54.5% decrease) in the past 5 years.

Work space ratio 

Work space ratios are calculated by dividing the total internal area (m²) by the total number of employees. The average work space ratio for all industry sectors increased from 53.6m² per worker in 2012 to 58.8m² per worker in 2017. The most intensive use of work space occurred in the food and drink sector with 33.8m² for every worker, an increase from the 2012 figure of 29.5m² per worker. It is noted that while there was an increase to the area per worker between 2012 and 2017, the food and drink sector still had the smallest area per worker in 2017 when compared to all other sectors.

Visitor accommodation

In 2017 there were 192 hotel rooms (28.1% decrease), 55 serviced apartment units (no change) and 90 backpacker beds (37.5% decrease). 

Links

  • Housing, pipeline development and forecasts can be found on the City Monitors page.
  • For information on the classifications for city-based industry sectors and space use divisions, please see the floor space and employment survey page.

Last updated: Tuesday, 2 April 2019