Retail Property Analysis Silverwater Report
Added on 2020-04-15
18 Pages3949 Words41 Views
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Retail Property Analysis Silverwater Economic Research AssessmentStudent Name:Student ID:Subject Name:Subject ID:Date Due:Professor Name:1 | P a g e
Executive SummaryProperty market analysis depicts economic situations prevailing within an area that can generateimpacts from major macro-economic factors. The scope of current analysis includes retail marketanalysis of Silverwater, located in New South Wales. Globalisation, technological developmentand increase in competition has led to emergence of Silverwater as being a warehouse andfactory facility for major companies since a prolonged period of 50 years. The location hasdeveloped currently to support major economic activities in the region along withaccommodation of retail, commercial and other spaces. The current analysis depicts trends frompast, present and the future. 2 | P a g e
Table of ContentsExecutive Summary.........................................................................................................................21.0 Introduction................................................................................................................................42.0 Retail Segment : Silverwater.....................................................................................................43.0 Happenings in past, present and future predictions...................................................................84.0 Economic Climate.....................................................................................................................95.0 Analysis according to Property Clock.....................................................................................136.0 Conclusion...............................................................................................................................15Reference Lists..............................................................................................................................173 | P a g e
1.0 IntroductionProperty economic analysis of a location allows detailed understanding in regards to a particularlocality. Silverwater is located in western Sydney in New South Wales, Australia in the suburbs.It is situated almost 20 kilometers away from Sydney on southern banks of ParramattaRiver[ CITATION You17 \l 1033 ]. The place provides a good location to multiple medium and smallbusinesses with its low rental, lease rates the location provides immense space for warehousefacility. There are multiple number of companies that are operating in the place for over 50 yearsdue to its connectivity to central Sydney location. The location was developed primarily toprovide for medium and heavy industrial areas. It mainly caters to industrial locations with a fewresidential areas[ CITATION Bau081 \l 1033 ]. Red Yard primarily houses a number of restaurantsand commercial complexes. The scope of the current study analyses economics related to thelocation in retail property segment of Silverwater. It also encompasses its current analysis inProperty Clock and further depiction as to where it is expected to reach in future. 2.0 Retail Segment : SilverwaterSilverwater offers steady connectivity to Sydney which offers immense opportunity for growthand developments[ CITATION Ash10 \l 1033 ]. City of Paramatta Council has taken UrbanGrowthNSW development with state and local government agencies. The development of ParramattaRoad Corridor Strategy have further led to development of Retail and Commercial MarketDemands. The Council’s strategy planning has established long-term vision along with planningframework that incorporates transport, infrastructure, economic measures, public domain and4 | P a g e
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