Port Canal Shopping Centre is positioned within the heart of one of Adelaide's oldest, historical ports, Port Adelaide. It is a unique shopping centre positioned to meet the everyday needs of its community in an area rich in history, culture and opportunity. The Centre is located on Commercial Road, offering 1,140 car spaces for shoppers and is a 5 minute walk from the Port River. It is surrounded by historic landmarks and buildings and with a solid industrial and residential base, the Centre provides everyday services to a growing population of over 75,000 residents (which is expected to grow to 86,000 by 2026) and over 7,000 businesses.
Port Canal Shopping Centre is located approximately 12km northwest of the CBD. Proposed residential developments in the Port Adelaide area will ensure continued growth and revitalisation over the coming years. Two significant residential developments include:
Newport Quays - proposed for vacant wharf land on the southern edge of the Lefevre Peninsula adjacent to the Gawler Reach waterfront. Newport Quays is expected to include over 2,000 new dwellings and 4,000 new residents over the next 10-15 years.
St Clair - located on the former Cheltenham Park Racecourse and former Actil factory, St Clair will include 1,200 new dwellings and approximately 3,000 new residents.
Centre Type: Sub-Regional
Total GLA: 19,079sqm
Major Tenants: Rite Price, Coles, Kmart
Traffic MAT: 45,000* per week
The primary catchment area includes Port Adelaide, Queenstown, Rosewater, Alberton, Ottoway, Gillman, Semaphore Park and continues through Outer Harbour to the Lefevre Peninsula.
The current population is over 75,000, which is expected to increase to 79,000 by 2016 and 86,000 by 2026
The total retail spending market in the Port Canal trade area was estimated at $862m for the year ending June 2012. The total retail spending market for the trade area is forecast to increase to $1,052m by 2021. This equates to total growth of $190m (or +22%).
Average age of residents: 35-64 years
Average household size: 2.3
Occupation: predominantly white collar workers (65%) and blue collar workers (35%)
Household/Landlord type: in line with State averages for SA, fully owned (32%), part owned/mortgaged (34%), renting (32%)
The information contained here was obtained from the following sources:
ABS Census of Population and Housing 2011;
ABS Regional Population Growth Australia 2011;
ABS Population Projections Australia 2006-2101;
Government of South Australia 2011 'Projected Population, 2006-2026";
Urbis Market Assessment 2013