Business Indicators

Economic profile

There were 7479 businesses located in the Hurstville Local Government Area at June 2007. The available residential labour force was 39,800 people, including employed and unemployed people, at the September Quarter 2008.

Property

The median weekly rent for a three bedroom house was $420 in the September Quarter 2008, compared to $348 for the Sydney region and $285 for NSW.

The median weekly rent for a two bedroom unit was $320, compared to $390 for the Sydney region and $340 for NSW.

In the June Quarter 2008, the median price for a house in Hurstville was $580,000 and the median unit price was $341,000.

The median monthly housing loan repayment was $1742 compared to $1300 nationally.

The average household size was 2.8 persons.

Employment

At the September Quarter 2008, there were an estimated 37,998 employed persons in the Hurstville local government area, with an annual growth rate of 0.2 per cent from September Quarter 2007. At the September Quarter 2008 Quarter the unemployment rate was 4.5 per cent.

At the 2006 Census there were 19,662 people working in Hurstville City.

Gross Regional Product

The Gross Regional Product of the Hurstville local government area for the year 2007-2008 was $2.3 billion, representing an annual growth rate of 9.7 per cent, which was greater than the average growth for both the Sydney region (8.0%) and NSW (7.2%).

Transport

There were 63,635 motor vehicle registrations in the Hurstville region at March 2008, an increase of 4.4 per cent from the level recorded in March 2007 (60,966 vehicles).