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MEASURING URBAN LIVEABILITY ACROSS SYDNEY Mark McCrindle Developed for Urban Taskforce Australia Thursday 10 December 2015

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Page 1: Urban living index McCrindle slideshare

MEASURING URBAN LIVEABILITY ACROSS SYDNEY

Mark McCrindleDeveloped for Urban Taskforce Australia

Thursday 10 December 2015

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AUSTRALIA’S POPULATION

24m

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SYDNEY: A CENTURY OF GROWTH

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SYDNEY: A CENTURY OF GROWTH

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SYDNEY: A CENTURY OF GROWTH

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SYDNEY: A CENTURY OF GROWTH

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SYDNEY: A CENTURY OF GROWTH

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SYDNEY’S GROWTH COMPARED:

1.7%

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SYDNEY’S GROWTH COMPARED:

IN THE LAST 12 MONTHS, SYDNEY HAS GROWN BY 86,000 PEOPLE

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SYDNEY’S GROWTH COMPARED:

1.7%TASMANIA GREW BY AROUND 1,400 PEOPLE

IN THE LAST 12 MONTHS, SYDNEY HAS GROWN BY 86,000 PEOPLE

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SYDNEY’S GROWTH COMPARED:

1.7%SYDNEY IS GROWING BY MORE PEOPLE EVERY 6 DAYS

THAN TASMANIA ADDS IN A WHOLE YEAR

TASMANIA GREW BY AROUND 1,400 PEOPLE

IN THE LAST 12 MONTHS, SYDNEY HAS GROWN BY 86,000 PEOPLE

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% OF STATE POPULATION LIVING IN THE CAPITAL CITY

48%

Brisbane

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% OF STATE POPULATION LIVING IN THE CAPITAL CITY

63%

Sydney

48%

Brisbane

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3/4 1/4AUSTRALIA

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2/3 1/3SYDNEY

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1/3 2/3NEW APPROVALS

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HOUSE PRICES EXCEEDING WAGES GROWTH

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HOUSE PRICES EXCEEDING WAGES GROWTH

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HOUSE PRICES EXCEEDING WAGES GROWTH

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METHODOLOGY

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METHODOLOGY

• Data collected from 228 SA2s (suburbs) across Sydney (SUA)

• Analysis of ABS Census data (cat. 2010.0)• Analysis of ABS Business data (cat. 8165.0)• Online survey of 1,020 Sydney-siders: in field

from 29th September to 4th October 2015

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URBAN LIVING INDEX

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INDEX EXPLAINED

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INDEX EXPLAINED

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INDEX EXPLAINED

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INDEX EXPLAINED

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COMBINED CATEGORY SCORECARD

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CORRELATION

Urban Living Index

0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 1000

5

10

15

20

25

30

35

40

45

50

55

60

65

70

75

80

85

90

95

100

Proportion of High Density Dwellings

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CORRELATION

Urban Living Index

Proportion of High Density Dwellings

0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 1000

5

10

15

20

25

30

35

40

45

50

55

60

65

70

75

80

85

90

95

100

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CORRELATION

Urban Living Index

Proportion of High Density Dwellings

0 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 1000

5

10

15

20

25

30

35

40

45

50

55

60

65

70

75

80

85

90

95

100

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PLANNING REGIONS

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PLANNING REGIONS

CENTRAL 73

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PLANNING REGIONS

CENTRAL 73

NORTH 65

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PLANNING REGIONS

CENTRAL 73

NORTH 65

SOUTH 60

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PLANNING REGIONS

CENTRAL 73

NORTH 65

SOUTH 60

WEST CENTRAL 57

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PLANNING REGIONS

CENTRAL 73

NORTH 65

SOUTH 60

WEST 49

WEST CENTRAL 57

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PLANNING REGIONS

CENTRAL 73

NORTH 65

SOUTH 60

WEST 49

WEST CENTRAL 57

SOUTH WEST 48

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Region

Average Urban Living Index

ScoreCentral 73North 65South 60West Central 57West 49South West 48

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Region

Average Urban Living Index

Score

Average Proportion of High Density

DwellingsCentral 73 52%North 65 29%South 60 29%West Central 57 15%West 49 5%South West 48 7%

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Planning RegionCentral

Surry HillsNorthCrows Nest - WavertonWest Central

Parramatta - RosehillSouth

HurstvilleSouth West

Liverpool - Warwick Farm

WestSpringwood - Winmalee

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Planning Region Urban Living IndexCentral

Surry Hills 85NorthCrows Nest - Waverton 85West Central

Parramatta - Rosehill 80South

Hurstville 76South West

Liverpool - Warwick Farm 66

WestSpringwood - Winmalee 59

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Planning Region Urban Living IndexUrban Living Index Rank

CentralSurry Hills 85 1

NorthCrows Nest - Waverton 85 1West Central

Parramatta - Rosehill 80 13South

Hurstville 76 31South West

Liverpool - Warwick Farm 66 74

WestSpringwood - Winmalee 59 108

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URBAN LIVING INDEX SCORES

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1. CROWS NEST – WAVERTON 851. SURRY HILLS 85

5. NORTH SYDNEY – LAVENDAR BAY 825. RANDWICK 82

5. CHATSWOOD (EAST) – ARTARMON 825. LEICHHARDT – ANNANDALE 82

3. PYRMONT – ULTIMO 833. MARRICKVILLE 835. POTTS POINT – WOOLLOOMOOLOO 82

URBAN LIVING INDEX SCORES

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TOP 10 URBAN LIVING INDEX SUBURBS

Suburb (SA2) Index Index Rank

Proportion of dwellings that

are High Density

HD Rank

Crows Nest – Waverton 85 1 71% 11Surry Hills 85 1 70% 14Pyrmont – Ultimo 83 3 91% 3Marrickville 83 3 40% 62Potts Point – Woolloomooloo 82 5 92% 2North Sydney - Lavender Bay 82 5 78% 5Randwick 82 5 68% 17Chatswood (East) – Artarmon 82 5 64% 25Leichhardt – Annandale 82 5 25% 91Neutral Bay – Kirribilli 81 10 76% 7

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HIGHEST DENSITY SUBURBS

High densit

y Rank

Suburb (SA2)Proportion of

dwellings that are high

density

Urban Living Index

Urban Living Index Rank

1Sydney - Haymarket - The Rocks 92% 77 26

2 Potts Point - Woolloomooloo 92% 82 53 Pyrmont - Ultimo 91% 83 34 Parramatta - Rosehill 82% 80 135 North Sydney - Lavender Bay 78% 82 56 Darlinghurst 76% 80 137 Neutral Bay - Kirribilli 76% 81 10

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HIGHEST DENSITY SUBURBS

High densit

y Rank

Suburb (SA2)Proportion of

dwellings that are high

density

Urban Living Index

Urban Living Index Rank

1Sydney - Haymarket - The Rocks 92% 77 26

2 Potts Point - Woolloomooloo 92% 82 53 Pyrmont - Ultimo 91% 83 34 Parramatta - Rosehill 82% 80 135 North Sydney - Lavender Bay 78% 82 56 Darlinghurst 76% 80 137 Neutral Bay - Kirribilli 76% 81 10

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HIGHEST DENSITY SUBURBS

High densit

y Rank

Suburb (SA2)Proportion of

dwellings that are high

density

Urban Living Index

Urban Living Index Rank

1Sydney - Haymarket - The Rocks 92% 77 26

2 Potts Point - Woolloomooloo 92% 82 53 Pyrmont - Ultimo 91% 83 34 Parramatta - Rosehill 82% 80 135 North Sydney - Lavender Bay 78% 82 56 Darlinghurst 76% 80 137 Neutral Bay - Kirribilli 76% 81 10

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HIGHEST DENSITY SUBURBS

High densit

y Rank

Suburb (SA2)Proportion of

dwellings that are high

density

Urban Living Index

Urban Living Index Rank

1Sydney - Haymarket - The Rocks 92% 77 26

2 Potts Point - Woolloomooloo 92% 82 53 Pyrmont - Ultimo 91% 83 34 Parramatta - Rosehill 82% 80 135 North Sydney - Lavender Bay 78% 82 56 Darlinghurst 76% 80 137 Neutral Bay - Kirribilli 76% 81 10

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HIGHEST DENSITY SUBURBS

Affordability

Community

Employability

Amenity

Accessibility

Sydney - Haymarket - The Rocks 6 15 16 20 20

Potts Point - Woolloomooloo 9 16 19 18 20

Pyrmont - Ultimo 7 17 20 20 19

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INDEX MEASURES

MeasureAffordability Community Employabilit

y Amenity Accessibility

Home cost Dynamic community

Full-time employment

Educational attendance Access to work

Rental cost Language diversity

Higher education qualification

Arts and Recreation

Population density

Rental population Volunteer work Professionals Restaurants

and cafesWalking to work

Household income

Workforce participation

Employing businesses Shopping Transport

sustainability

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SURVEY RESULTS

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SENTIMENT TOWARD HIGH DENSITY HOUSING

CentralNorthSouth

West CentralSouth West

West

69%66%

56%47%

40%30%

Proportion of Sydney-siders who have never lived in a unit / apartment however would

consider living in one.

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CentralNorthSouth

West CentralSouth West

West

69%66%

56%47%

40%30%

Proportion of Sydney-siders who have never lived in a unit / apartment however would

consider living in one.

SENTIMENT TOWARD HIGH DENSITY HOUSING

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GENERATIONAL SENTIMENT

Generation Y

Generation X

Baby Boomers

63%

41%

53%

Q. Of those who have never lived in a unit / apartment: I would consider living in a unit /

apartment in the future

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GENERATIONAL SENTIMENT

Generation Y

Generation X

Baby Boomers

63%

41%

53%

Q. Of those who have never lived in a unit / apartment: I would consider living in a unit /

apartment in the future

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HIGH DENSITY HOUSING SENTIMENT

0 1 2 3 4 5 6 7 8 9 102% 1% 2% 2% 4%

20%

11%

20% 18%

10% 10%

Q. Thinking about the high density hous-ing in which you live, how likely would

you be to recommend this type of hous-ing to other people?

89%

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AFFORDABILITY

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AFFORDABILITY SENTIMENT

I could definitely afford to buy into my area

I could probably afford to buy into my area

I could possibly afford to buy into my areaI would probably be unable to buy into my

areaI would definitely be unable to buy into my

area

8%

13%

19%

24%

37%

Q. If you were starting over and had to buy into your area in the current property market, to

what extent could you afford to?

61%

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Much more affordableSame

Much less affordable

4%7%

39%26%

25%

Q. Compared to today, based on the costs of living balanced with employment

opportunities, how affordable do you think it will be for you and your house-hold to live in your area in three years'

time? 51%

  Generation Y Generation X Baby Boomers% who think it will be less

affordable in 3 years 56% 53% 47%

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Much more affordableSame

Much less affordable

4%7%

39%26%

25%

Q. Compared to today, based on the costs of living balanced with employment

opportunities, how affordable do you think it will be for you and your house-hold to live in your area in three years'

time? 51%

  Generation Y Generation X Baby Boomers% who think it will be less

affordable in 3 years 56% 53% 47%

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Massive challenge

Significant challenge

Somewhat a challenge

Slight challenge

Not a challenge at all

59%

29%

7%

3%

2%

Q. To what extent do you think Sydney's housing affordability is a challenge for your children and

the next generation?88%

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Significantly assists affordability

Somewhat assists affordability

Does not have an impact on affordability

Somewhat inhibits affordability

Significantly inhibits affordability

12%

45%

32%

6%

5%

Q. To what extent does the increase in the number of units and apartments in Sydney

create affordability options, when compared to building detached homes only?

57%

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COMMUNITY

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PRIORITISE COMMUNITY FIRST

Q. When looking for a place to call home which of the following matters most to you,• the building and fittings or • the location and community?

62%

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CURRENT LIVEABILITY MATTERS MOST

64%

Q. In thinking about a possible place to live, which of the following matter more,•the long term property price growth opportunities or•the current liveability of your area?

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WALKABLE COMMUNITIES

59%

Q. Thinking about where you do most of your shopping and recreational activities, how far is this from where you currently live?

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AMENITY

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Educational attendance: Proportion of an area currently attending a post-school higher educational institution.

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Arts and recreation: Number of arts and recreation organisations and facilities in an area.

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Restaurants and cafes: Count of the number of accommodation and food services businesses in an area.

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Shopping: Count of the number of retail and trade businesses in an area.

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SINGLE CATEGORY SCORECARD

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urbanlivingindex.com

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[email protected]+61 2 8824 3422

McCrindle Researchurbanlivingindex.com