PROFILE

MARCH 2016

City of LOGAN

PROUDLY

office of Economic Development

ContentsCity of Logan ............................... 3

Snapshot ...................................... 5

The City of Logan at a glance ..... 6

Population .................................... 9

Demographics ........................... 11

Employment and labour force .. 12

Business .................................... 15

Building and construction ......... 17

Residential market ......................... 19

Industrial market ......................... 21

Resources and definitions ........ 23

3

The City of Logan is located in South-East Queensland, situated between the City of Brisbane to the north and City of Gold Coast to the south.

The Logan local government area — the gateway to Queensland and the Asia Pacific region — covers 957 square kilometres and has a population of approximately 308,700 people, or 6.4% of Queensland’s population.

City of LOGAN

Brisbane

CITY OF

LOGAN

Tweed Heads

Caloundra

Surfers Paradise

BeaudesertBoonah

Gatton

Ipswich

Esk

Kilcoy

Mooloolaba

Coolum Beach

Noosa Heads

Beenleigh

Gold Coast

AUSTRALIALogan City

SUNSHINE COAST

Port of Brisbane

BrisbaneAirport

Rail link

Major arterial roads

Major roads

Gold CoastAirport

AUSTRALIA

CITY OF LOGAN

Looking ahead to the next 20 years, Logan will continue to be one of the fastest growing cities in Queensland. The population is expected to increase by close to 200,000 people and the City of Logan’s objective is to create at least 53,000 jobs to support this population growth.

Logan is a major economic destination within South-East Queensland. Key industries in the city’s economy include manufacturing and retail sectors,

business and community services, property and construction, and transport and logistics.

This already diverse economy has the potential to grow and diversify further with emerging sectors including AgTech, food and beverage processing, health and aged care. Given its central geographic location and available young workforce, Logan is ideally placed for continued growth in the South-East Queensland region.

3

5

Snapshot

The City of Logan is home to approximately 308,700 people from more than 215 different cultures. We celebrate our diversity and the rich and varied lifestyle it offers. The Logan local government area is also a very young city with around 50% of residents aged 30 or younger. This adds energy and enthusiasm to our community and gives us a real vibrancy.

The City of Logan’s residential neighbourhoods continue to flourish, giving locals a wide range of lifestyle options, from leafy suburbs to bushland acreage. Many older suburbs predating the city’s short history have been revitalised through urban and community renewal partnership projects between Logan City Council and the Queensland Government.

Given its strategic geographic location and capable young workforce, the City of Logan has thriving commercial, retail and manufacturing precincts, as well as healthy service and wholesale industries.

Logan is ideally located between Brisbane, Ipswich and the Gold Coast, and has direct access to the national highway and rail networks. It has thriving light industrial precincts at Marsden, Crestmead, Slacks Creek, Loganholme and Berrinba, which are continuing to expand to meet the demand of quality, responsible industry.

The City of Logan has nearly 950 environmental and recreational parks, many featuring dog off-leash areas, exercise facilities, play equipment and skate ramps. There are pristine bushland reserves and wetlands, as well as manicured waterfront parks along the Logan and Albert Rivers. The natural environment is an important facet to life in Logan, and a popular place to enjoy the bush and its wildlife is the Daisy Hill State Forest and Daisy Hill Koala Centre.

There is plenty to do in the City of Logan for lovers of sport and recreation. A wide range of activities are available around the city, from the traditional cricket, rugby, football, netball and tennis to ‘newer’ sports like futsal. We have everything from pigeon racing and model sail boating to bocce, kayaking, martial arts and rocket launching.

Our facilities include meticulously manicured golf courses, spectacular aquatic facilities and the multi-purpose Insports Centre, which features basketball courts as well as a gymnasium, rock-climbing wall, cafe and function room.

Logan has a range of attractions that capture the city’s history and cultural diversity. Visitors can step back in time at one of Logan’s oldest houses, Mayes Cottage, in Kingston, which has been converted into a house museum circa 1930s, or they can wander through the tranquil gardens of the Chung Tian Buddhist Temple at Priestdale, tucked away in a natural bushland setting.

Cultural pursuits feature strongly at the regional Logan Art Gallery which showcases the best works by local and visiting artists. Art can also be found on display in commercial galleries around town, as well as at the historic Kingston Butter Factory and Community Arts Centre. The Butter Factory is home to the Butterbox Theatre (used by local performing arts groups), the Buttermaid’s Kitchen, the Logan City Historical Museum and an arts and craft co-op.

The opening of the Logan Entertainment Centre in 2002 ushered in a new era for events and entertainment in the city. The city has its own venue for conferences, seminars and major functions. The centre allows locals to see major touring acts without having to leave the city.

The City of Logan at a glance

19,502 Businesses

(2014)

72,745 Jobs (2011)

GRP

$10.345bn (2014)

23.2% 9.5%

13.1% 20.2%

Loga

n

youth 0-14

Loga

n

seniors 65+

Que

en

sland youth 0-14

Que

en

sland seniors 65+

133,823Labour Force

Residents (2014)

$37,206GRP per capita (2014)

308,681Population (2015)

105,142Families (2011)

8.02%(unemployment Dec 2015)

Workforce Qualifications (2011)

3% Postgraduate Degree Level 2% Graduate

Diploma and Graduate Certificate Level

19% Bachelor Degree Level

17% Advanced Diploma and Diploma Level

58% Certificate Level

Logan’s Gross Regional Product (GRP) is estimated at $10.345

billion. Logan represents 5.80% of South East Queensland’s

GRP of $178.232 billion, 3.49% of Queensland’s Gross State

Product (GSP) of $296.341 billion and 0.65% of Australia’s Gross

Domestic Product (GDP) of $1.584 trillion.

Age breakdown of residents (2011)

Output$20.125b

(2014)

Value-added$9.221b

(2014)

Regional Exports$4.151b

(2014)

Regional Imports$4.747b

(2014)

2004 to 2014 population55,949increase

Change in Dwellings9,114increase

(2006 to 2014)

GRP ($B) Output ($B) Value Added ($B) Regional Exports ($B)

Regional Imports ($B)

City of Logan $ 10.345 $ 20.125 $ 9.221 $ 4.151 $ 4.747

South East Queensland $ 178.232 $ 364.050 $ 165.929 $ 100.524 $ 70.595

Queensland $ 296.341 $ 625.272 $ 277.652 $ 471.864 $ 101.591

Out of the 565 local governments in Australia, the City of Logan ranks fifth in population and has a budget allocation of $839 million in 2015/16 financial year.

By 2041 Logan will be home to two satellite cities — Yarrabilba (45,000 residents) and Greater Flagstone (120,000 residents).

Largest Job Growth

Sector2,753

Health Care & Social

Assistance

Largest Business Sector4,940

Construction

Largest Employing

Sector15.9%

Retail Trade

Emerging industries include:

• transport and logistics

• food manufacturing and processing

• advanced manufacturing

• health care

• education and training

• AgTech

Logan City Council is working with these industries to help the economy grow even further.

7

9

Population

Projections by age

The proportion of the City of Logan population aged 65-79 years is expected to continue to increase from 9.39% of Logan LGA’s total population in 2016 to 11.43% in 2036. The proportion of persons aged 80 years or more is expected to more than double during this time (from 2.13% to 4.78%).

Source: Queensland Government Population Projections, 2014 (QGSO)

The current population is 308,681 and is expected to increase by up to 200,000 people within the next 20 years and City of Logan’s objective is to create at least 53,000 jobs to support this population growth.

Population forecastBetween 2016 and 2036, the population of Logan LGA is projected to increase by 205,736 people. The average annual projected population growth between 2016 and 2036 of 2.54% is greater than the average growth rates experienced over the previous 10 years (2.11%).

0–14 15–29 30–49 50–64 65–79 80+ Total

2016 72,483 67,036 87,229 52,849 29,686 6,731 316,013

2021 83,999 73,185 100,193 59,931 37,682 9,207 364,197

2026 95,489 82,660 113,879 67,859 45,778 13,421 419,087

2031 105,400 93,417 126,565 75,875 52,312 19,358 472,927

2036 113,366 103,556 134,852 85,397 59,657 24,921 521,749

2016–2036 40,884 36,520 47,623 32,548 29,971 18,190 205,736

0

100,000

200,000

300,000

400,000

500,000

600,000

2001 2006 2011 2016 2021 2026 2031 2036

Actual

Projected

City of Logan Population

11

Demographics

Weekly individual income

Overall, 7.8% of the population earn a high income, and over 34% earn between $400–999 per week compared with 12.2% and 31.87% respectively for South-East Queensland.

Housing tenure

Compared with South-East Queensland, there is a higher proportion of households paying off their dwelling in Logan and a lower proportion of the population who own their properties freehold.

8.16%6.73%

7.48%6.46%

7.59%6.51%

7.78%6.80%

20.99%21.25%

21.09%21.57%

12.06%12.27%

5.30%5.49%

3.59%4.15%

4.97%7.08%

1.00%1.70%

0-4 years

5-9 years

10-14 years

15-19 years

20-34 years

35-49 years

50-59 years

60-64 years

65-69 years

70-84 years

85+ years

5% 10% 15% 20% 25% 30%

Logan

South East Queensland

Resident Age Profile

Nil income

0%

Logan

South East Queensland

7.55%7.31%7.54%7.20%10.20%9.52%9.32%9.49%11.99%11.89%12.70%11.07%10.03%8.91%8.83%8.44%5.41%5.85%4.85%6.48%2.99%5.72%7.94%7.55%

0.57%0.63%

2% 4% 6% 8% 10% 12% 14%

$1-$199

$200-$299

$300-$399

$400-$599

$600-$799

$800-$999

$1,000-$1,249

$1,250-$1,499

$1,500-$1,999

$2,000 or more

Negative income

Not stated

Weekly Individual Income

Logan

South East Queensland

1.36%

Owned with a mortgage

Rented

Owned outright

Not stated

Other Tenure type

0% 10% 20% 30% 40% 50%

1.80%

40.93%34.22%

29.91%31.27%

22.22%27.09%

5.57%5.62%

Housing Tenure

Resident age profile

Overall, 23.25% of the population is aged between 0 and 14, and 14.77% is aged 60 years and over, compared with 19.7% and 18.42%, respectively, for South-East Queensland.

Source: Logan City Council Online Community Profile: www.communityprofile.com.au/logan

Employment and labour force

Industry Sector Profile 2006 to 2011Despite a fall in some industries such as ‘Manufacturing’ (-603) and ‘Rental, Hiring and Real Estate Services’ (-102), there was an overall increase of 6,946 jobs in City of Logan between 2006 and 2011. The largest employment changes by industry were:

• Healthcare and Social Assistance (+2,753)

• Professional, Scientific and Technical Services (+839)

• Public Administration and Safety (+691)

0

Retail Trade -11,567

Health Care & Social Assistance - 9,226

Manufacturing - 8,549

Education & Training - 7,349

Construction - 6,720

Accommodation & Food Services - 4,574

Wholesale Trade - 3,652

Public Administration & Safety - 3,389

Professional, Scienti�c & Technical Services -3,274

Transport, Postal & Warehousing - 3,264

Other Services - 3,192

Administrative & Support Services - 2,394

Rental, Hiring & Real Estate Services - 1,522

Financial & Insurance Services - 1,423

Arts & Recreation Services - 707

Electricity, Gas, Water & Waste Services - 689

Agriculture, Forestry & Fishing - 589

Information Media & Telecommunications - 525

Mining- 140

2,000 6,000 10,000 14,000

Employment in Logan

It is estimated that 72,745 people work in Logan. Logan represents 6.14% of the 1,185,378 people working in South-East Queensland and 3.7% of the 1,967,425 people working in Queensland.

Source: Remplan

13

Work in Logan

Work in South East Queensland

0

Professionals

Clerical and Administrative Workers

Technicians and Trades Workers

Sales Workers

Managers

Community and Personal Service Workers

Labourers

Machinery Operators and Drivers

Not stated - Inadequately described

12.58%

16.49%22.57%

13.78%12.38%

10.67%

11.89%

10.14%

15.41%16.94%

13.48%10.60%

7.17%5.48%

10.21%8.30%

0.91%1.02%

5 10 15 20 25 30

Skills Profile

Of the 123,619 employed residents in the City of Logan, 45,009 live and work within the city. In addition to the daily export of 78,610 people, the City of Logan imports 27,736 people who come to work in the city each day.

Workers (working in Logan) by OccupationWorkers (working in Logan) by Age

0

15-1920-2425-3435-4445-5455-6465-7475-84over 84

7,262

15,169

16,639

6,097

15.695

9,995

1,742

140

6

5 10 15 20(1,000s)

0

ManagersProfessionalsTechnical and Trades workersCommunity and Personal Service workersClerical and Administrative workersSales workersMachinery Operators and DriversLabourersNot Stated - Inadequately described

11,998

10,021

7,762

8,651

11,212

9,804

5,213

7,424

661

2 4 6 8 10 12(1,000s)

Source: Remplan

15

Workforce sizeBetween June 2013 and June 2014, there was an increase in businesses employing between 1 to 4 staff of 3.7%. In the same period, there was also an increase in businesses employing between 20-199 staff of 3.10%. The number of businesses with at least 200 staff has increased from 12 to 18 in Logan. The largest fall in business counts occurred in non-employing businesses, with a decrease of -1.44% from 2013 to 2014. The decline in the number of self-employed businesses is in line with national trends.

Business

Business Counts by Industry

As at June 2014, there were 19,502 businesses operating in the City of Logan. The largest number of registered businesses is in the ‘Construction’ sector (4,924 businesses), followed by ‘Transport, Postal and Warehousing’ (1,929). Between 2012 and 2014, the number of registered businesses declined by 1,228 from 20,730. The ‘Construction’ sector experienced a decline in business numbers (-80). The manufacturing sector has increased by 44 businesses in a 12 month period to June 2014.

Number of Businesses:

19,502(2014)

Largest Employing Sector

15.90%

Retail Trade (2014)

Largest Sector by Business Count

25.40%

(Construction - 4,940 businesses) (2014)

0

Construction - 4924Transport, Postal and Warehousing - 1929

Professional, Scienti�c and Technical Services - 1766Rental, Hiring and Real Estate Services -1716

Retail Trade - 1303Manufacturing - 1224Other Services - 1175

Financial and Insurance Services - 1054Administrative and Support Services - 869

Wholesale Trade - 741Health Care and Social Assistance - 645

Accommodation and Food Services - 562Not Classi�ed - 465

Agriculture, Forestry and Fishing - 421Arts and Recreation Services - 209

Education and Training - 204Information Media and Telecommunications - 99

Public Administration and Safety - 90Electricity, Gas, Water and Waste Services - 63

Mining - 43

1,000 3,000 5,000 7,000

Business Counts by Industry

16,000

14,000

12,000

10,000

8,000

6,000

4,000

2,000

Non employing 1-4 staff 5-19 staff 20-199 staff 200+ staff0 12

,769

11,845

11,674

5,618

5,326

5,522

1,885

1,894

1,855

446

420

433

12 1812

2012

2013

2014

Business Counts by Industry

Source: Logan City Council Online Economic Profile: www.economicprofile.com.au/logan

17

Building and construction

There was a significant increase in the number and value of residential dwelling approvals between 2013/14 and 2014/15 rising from 1,540 approvals with a value of $344.9 million to 2,310 approvals with a value of $517.8 million.

Residential

Other

8.30%

3,000

2,500

2,000

1,500

1,000

500

02004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

85

673

195

638

202

827

242

780

200

1,066

219

873

839

1,874

424

855

516

844

355

1,185

320

2,310

Residential

Other

1,000

800

600

400

300

02004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

$216

.81

673

$192

.77

$222

.77

$286

.60

$269

.57

$235

.51

$387

.57

$246

.24

$282

.48

$153

.77

$226

.51

$143

.91

$590

.69

$208

.43

$260

.29

$118

.25

$296

.83

$283

.41

$344

.87

$142

.11

$517

.80

$144

.00

Building Approvals - Number

Building Approvals - Value

Source: Logan City Council Online Economic Profile www.economicprofile.com.au/logan

19

Residential market

Between 2006 and 2014, the highest number of annual lot approvals occured in 2011, a peak of 2,987 lots, with 82% of these being in larger projects of more than 50 lots. 2014 experienced an increase in new lot registrations.

There were 969 new lot sales in the City of Logan in 2014. Vacant land sales generally account for the majority of new lot sales, with house and land package lots generally accounting for approximately 20% of sales.

There were a total of 5,785 new and established house and unit sales.

Median sales prices for house and land have been relatively stable over the last 5 years.

Median rents in Logan have remained steady over the last four years.

Four bedroom houses attract the highest rents. Three bedroom product for houses and units attract a similar rental rate.

3,500

3,000

2,500

2,000

1,500

1,000

500

0

Total Lot Approvals Total Lot Registrations

2006 2007 2008 2009 2010 2011 2012 2013 2014

Lot Approvals and Registrations

Median Property Prices (Residential)

House $370,000

Unit $245,000

Median Rental Prices (Residential)

Two Bed Units / Flats $260

Three Bed Units / Flats $300

Three Bed Houses $340

Four Bed Houses $400

Two Bed Townhouses $280

Three Bed Townhouses $335

SEIFA

Index of Relative Socio-Economic Disadvantage 971

Source: Residential Land Development Activity Profile, June Quarter 2015, Logan

21

Industrial market

Gold Coast/Logan Corridor Prime Secondary

Low High Low High

Rental Net Effective ($/Sq m) 100 125 70 95

Yield Market (%) 7 7.75 8.75 9.5

IRR (%) 8.75 9.75 10 10.5

Outgoings - Total ($sq m) 15 25 15 20

Capital Value ($sq m) 1,300 1,800 750 1,250

Land Value 3000-5000 ($/Sq m) 225–300

Source: Savills, Spotlight Brisbane Industrial, Quarter 4, 2015

Logan Motorway Corridor Industrial Supply Summary

March 2014 March 2015

<3,000 Sq M >=3,000 Sq M Vacant >=3,000 Sq M

Properties No. 188 222 200 227

% 45.9% 54.1% 46.8% 53.1%

Floorspace NSQM 345,538 3,788,813 371,683 3,836,304

% 8.4% 91.6% 8.9% 91.1%

Source: Property Council of Australia - Queensland, Industrial Vacancy Report, April 2015, AEC

Industrial Sales– Logan City

Built Form Vacant Land

Sales Period 01/01/2005 to 24/04/2015 01/01/2005 to 24/04/2015

Price Area (Sq M) Price Area (Sq M)

Lowest $60000 75 20000 1039

Highest $9,415,000 43460 $14,135,000 61840

Average $894,306 2861 $1,697,812 7375

Median $550,000 429 $1,182,104 4159

No. Sales 355 82

Source: Property Data Solutions Pty Ltd 2015. The State of Queensland (Dept of Environment and Resource Management)

The Logan Motorway is strategically located less than 25 kilometres from Brisbane’s CBD and is adjacent to the Ipswich, Gateway and Pacific Motorways. It has easy access to Brisbane Airport and the Port of Brisbane.

The City of Logan is a nexus for industrial and road-dependent industries making it an attractive region for these businesses.

Logan Motorway Corridor

Between March 2014 and March 2015:• New Stock (Total: 73,636 Sq M)• New Stock (>=3,000Sq M): 47,491 Sq M• New Absorption: (>=3,000Sq M): 50,678 Sq M• Gross Absorption: 50,678 Sq M

Businesses that have moved to the area to capture the City of Logan’s geographical advantages:

• ATCO: Amalgamation of three separate facilities elsewhere to 97,000 Sq M site early 2014

• CEVA Logistics: Opened a 56,000 Sq M complex in Berrinba in December 2013

• Empirica Management Ltd: DA approval for 10,605 Sq M industrial facility in Berrinba (sold)

• Sigma Pharmaceuticals: Construction of new 14,990 Sq M warehouse and distribution centre commencing April 2016

• The GPT Group: Purchased 21ha of land in Berrinba to develop a transport and logistics park (2015)

23

Resources and Definitions• Logan City Council: www.logan.qld.gov.au

• Logan City Council Online Economic Profile: www.economicprofile.com.au/logan

• Logan City Council Online Community Profile: www.communityprofile.com.au/logan

• Queensland Government Population Projections, 2014 (QGSO)

• Australian Bureau of Statistics

• Department of Employment, Small Area Labour Markets Australia

• Residential Tenancies Authority Queensland

• Residential Land Development Activity Profile, Logan Regional Council, Queensland Treasury and Trade, Government Statistician

• Valuer-General’s 2015 Property Market Movement Report

• Savills, Spotlight Brisbane Industrial, Q4/2015

• King & Co Property Consultants, King’s Counsel, Issue 41, Winter 2014

• Property Council of Australia – Queensland, Industrial Vacancy Report, April 2015, AEC

• Property Data Solutions Pty Ltd 2015, The State of Queensland (Dept. of Environment and Resource Management)

Disclaimer: All figures and data presented in this document are based on data sourced from the Australian Bureau of Statistics (ABS), and other government agencies. Using ABS datasets, the regional economic modelling software ‘REMPLAN Economy’, has been applied to generate industrial economic data estimates. This document is provided in good faith with every effort made to provide accurate data and apply comprehensive knowledge. However, REMPLAN does not guarantee the accuracy of data nor the conclusions drawn from this information.

(07) 5689 1499 / (03) 5444 4788

www.remplan.com.au

Logan Office of Economic Development

www.loed.com.au

(07) 3412 4888

loed@logan.qld.gov.au