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By Raj Malhotra | 14 October 2024

Centuria Acquires 35m Taree Subregional Shopping Centre

Manning Mall provides value-add, counter-cycle opportunityManning Mall secured at 62% discount to replacement cost1, anchored by Coles and TargetUnderpins a single-asset unlisted wholesale fund; forecast 8% distribution yield2, initial five-year termValue-add counter-cyclical investment opportunity, supported by strong population growth forecastsCenturia Capital Group (ASX: CNI or “Centuria”) has secured a $34.85 million subregional shopping centre for a new single-asset, closed-endedwholesalefund, Centuria Manning Mall Fund (CMMF).Located in Taree on NSW’s central coast, the c.10,800sqm Manning Mall shopping centre was secured at a 62% discount to replacement cost1. It is anchored by a high-performing Coles Supermarket, which generates annual sales well above the supermarket chain’s store average3with a long-term lease expiry ending 2034.The centre also includes a Target, 27 specialty stores, four kiosks and 422 on-grade car parks. ASX-listed and national retailers comprise 64% of asset’s gross annual income. The asset provides a 4.95-year WALE and 94% occupancy.Jason Huljich, Centuria Joint CEO, said, “Manning Mall provides a counter-cyclical investment opportunity for our broad network of wholesale and high net worth investors, aiming to capture the strong investment appetite we experienced with our over-subscribed Centuria Halls Head Central Fund earlier this year. Through Centuria’s proactive inhouse management capabilities, we aim to upgrade the Centre and capture positive rental revisions.”Bruce McCully, Centuria Head of Retail, added, “Centuria has significant experience in successfully executing value-add strategies across the retail sector. In addition to capturing tailwinds from an expanding local population, we believe Manning Mall will benefit from repositioning its tenancy mix to better align with local customer demographics.”Taree’s population is anticipated to increase c.25% by 20414with retail expenditure, in turn, expected to increase at an average rate of 3.7%pa to $1.59 billion across the same period5.In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Centuria Capital Group (ASX: CNI or “Centuria”) has secured a $34.85 million subregional shopping centre for a new single-asset, closed-endedwholesalefund, Centuria Manning Mall Fund (CMMF).Located in Taree on NSW’s central coast, the c.10,800sqm Manning Mall shopping centre was secured at a 62% discount to replacement cost1. It is anchored by a high-performing Coles Supermarket, which generates annual sales well above the supermarket chain’s store average3with a long-term lease expiry ending 2034.The centre also includes a Target, 27 specialty stores, four kiosks and 422 on-grade car parks. ASX-listed and national retailers comprise 64% of asset’s gross annual income. The asset provides a 4.95-year WALE and 94% occupancy.Jason Huljich, Centuria Joint CEO, said, “Manning Mall provides a counter-cyclical investment opportunity for our broad network of wholesale and high net worth investors, aiming to capture the strong investment appetite we experienced with our over-subscribed Centuria Halls Head Central Fund earlier this year. Through Centuria’s proactive inhouse management capabilities, we aim to upgrade the Centre and capture positive rental revisions.”Bruce McCully, Centuria Head of Retail, added, “Centuria has significant experience in successfully executing value-add strategies across the retail sector. In addition to capturing tailwinds from an expanding local population, we believe Manning Mall will benefit from repositioning its tenancy mix to better align with local customer demographics.”Taree’s population is anticipated to increase c.25% by 20414with retail expenditure, in turn, expected to increase at an average rate of 3.7%pa to $1.59 billion across the same period5.In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Located in Taree on NSW’s central coast, the c.10,800sqm Manning Mall shopping centre was secured at a 62% discount to replacement cost1. It is anchored by a high-performing Coles Supermarket, which generates annual sales well above the supermarket chain’s store average3with a long-term lease expiry ending 2034.The centre also includes a Target, 27 specialty stores, four kiosks and 422 on-grade car parks. ASX-listed and national retailers comprise 64% of asset’s gross annual income. The asset provides a 4.95-year WALE and 94% occupancy.Jason Huljich, Centuria Joint CEO, said, “Manning Mall provides a counter-cyclical investment opportunity for our broad network of wholesale and high net worth investors, aiming to capture the strong investment appetite we experienced with our over-subscribed Centuria Halls Head Central Fund earlier this year. Through Centuria’s proactive inhouse management capabilities, we aim to upgrade the Centre and capture positive rental revisions.”Bruce McCully, Centuria Head of Retail, added, “Centuria has significant experience in successfully executing value-add strategies across the retail sector. In addition to capturing tailwinds from an expanding local population, we believe Manning Mall will benefit from repositioning its tenancy mix to better align with local customer demographics.”Taree’s population is anticipated to increase c.25% by 20414with retail expenditure, in turn, expected to increase at an average rate of 3.7%pa to $1.59 billion across the same period5.In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

The centre also includes a Target, 27 specialty stores, four kiosks and 422 on-grade car parks. ASX-listed and national retailers comprise 64% of asset’s gross annual income. The asset provides a 4.95-year WALE and 94% occupancy.Jason Huljich, Centuria Joint CEO, said, “Manning Mall provides a counter-cyclical investment opportunity for our broad network of wholesale and high net worth investors, aiming to capture the strong investment appetite we experienced with our over-subscribed Centuria Halls Head Central Fund earlier this year. Through Centuria’s proactive inhouse management capabilities, we aim to upgrade the Centre and capture positive rental revisions.”Bruce McCully, Centuria Head of Retail, added, “Centuria has significant experience in successfully executing value-add strategies across the retail sector. In addition to capturing tailwinds from an expanding local population, we believe Manning Mall will benefit from repositioning its tenancy mix to better align with local customer demographics.”Taree’s population is anticipated to increase c.25% by 20414with retail expenditure, in turn, expected to increase at an average rate of 3.7%pa to $1.59 billion across the same period5.In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Jason Huljich, Centuria Joint CEO, said, “Manning Mall provides a counter-cyclical investment opportunity for our broad network of wholesale and high net worth investors, aiming to capture the strong investment appetite we experienced with our over-subscribed Centuria Halls Head Central Fund earlier this year. Through Centuria’s proactive inhouse management capabilities, we aim to upgrade the Centre and capture positive rental revisions.”Bruce McCully, Centuria Head of Retail, added, “Centuria has significant experience in successfully executing value-add strategies across the retail sector. In addition to capturing tailwinds from an expanding local population, we believe Manning Mall will benefit from repositioning its tenancy mix to better align with local customer demographics.”Taree’s population is anticipated to increase c.25% by 20414with retail expenditure, in turn, expected to increase at an average rate of 3.7%pa to $1.59 billion across the same period5.In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Bruce McCully, Centuria Head of Retail, added, “Centuria has significant experience in successfully executing value-add strategies across the retail sector. In addition to capturing tailwinds from an expanding local population, we believe Manning Mall will benefit from repositioning its tenancy mix to better align with local customer demographics.”Taree’s population is anticipated to increase c.25% by 20414with retail expenditure, in turn, expected to increase at an average rate of 3.7%pa to $1.59 billion across the same period5.In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Taree’s population is anticipated to increase c.25% by 20414with retail expenditure, in turn, expected to increase at an average rate of 3.7%pa to $1.59 billion across the same period5.In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

In May, Centuria acquired Halls Head Central in WA, a subregional shopping centre providing a 40% discount to its replacement cost.The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

The single-storey Manning Mall is positioned in the heart of the Taree Central Business Area on a 29,740sqm freehold island site bordered by Manning Street (west), Wynter Street (north), Macquarie Street (east) and Albert Street (south). It is well-serviced by public transport including Taree Station, which is 500m away.Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Taree is the largest town in NSW’s Mid-North Coast Council Area and is conveniently located only 4km from the Pacific Highway providing connectivity to Newcastle (170km) and Sydney’s CBD (320km).CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

CMMF will provide an initial five-year term and is expected to be offered towholesaleinvestors from early November 2024, with a forecast average annual distribution of 8.00%2, paid monthly. The Fund has a targeted equity raise of c.$21 million with investments starting from $100,000.Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Settlement of the property is anticipated in December 2024.Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

Colliers’ James Wilson and Ben Wilkinson facilitated the transaction.1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

1CBRE Replacement Cost Assessment based on replacement cost of $56.61million plus land costs2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

2Distribution will be paid if declared by Centuria Property Funds No.3 Limited and will be subject to the terms, assumptions and risks set out in the IM3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

3Source: Urbis research4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article

4Source: LocationIQ Report: Taree’s Main Trade Area population is currently estimated at 54,963 (2024) and over the period to 2041 is projected to grow to 68,563 persons at an average of 1.3% per annum (over double the Non-Metropolitan NSW average rate of 0.5%)5Source: LocationIQ ReportPrevious ArticleNext Article


Raj Malhotra

About the Author: Raj Malhotra

Raj dissects consumer movement, strip mall evolution, and experiential retail. A passionate street food critic, he blends satellite tracking with cultural cues to forecast retail hotspots.