in ARMSTRONG CREEK - Microsoft · 2016. 9. 15. · Bunge Bunge, one of the worlds biggest grain traders is building a new bulk grain export terminal in Geelong at a cost of $20 million

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Contents

About Armstrong Creek

Demographics

Reasons To Invest

Geelong Job Creation

Infrastructure Investments

Education

Lifestyle

Epworth Hospital Waurn Ponds

Simonds Stadium Geelong

Deakin University Centre for Advanced Design

in Engineering Training

Baanip Boulevard ring road link to Surf Coast Hwy

Geelong Library and Heritage Centre

Barwon Health Geelong Base Hospital

Princes Highway duplication from Geelong to Colac

About Armstrong

Creek


Mt Hotham

Geelong

BendigoHorsham

Moe

06

Armstrong Creek

Portland

Apollo Bay

Armstrong Creek

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Located 7kms from Geelong CBD, Armstrong

Creek urban growth area is the largest

contiguous growth area in Victoria. Consisting

of 2,500 hectares of developable land,

Armstrong Creek's population is expected

to grow by 148% over the next 20 years.

As the primary growth area for

Greater Geelong, Armstrong Creek

is expected to attract more than

54,000 people at capacity and

around 22,000 dwellings.

Seen as Victoria's sixth growth area

alongside the Growth Areas

Authority Councils Wyndham,

Hume, Casey-Cardinia, Melton and

Whittlesea, Armstrong Creek can

be accessed via road or rail with a

commute time to Melbourne of just

over an hour.

Located only a stone throw away

from great schools, shopping

centres, recreational facilities, cafes

and of course the Marshall Train

Station, Armstrong Creek has

become a highly sought-after

location for living, working and

recreation, forming an attractive

addition to Geelong.


Demographics

$ 1,842

$ 1025

$ 383

$ 600,000

Weekly Median Advertised Rent

Median House Hold Income

Demographics

Suburb Snap Shot

10

Median Mortgage Repayment

Median House Price

67 4.4 %

47Unemployment Rate

Median Age of Person

2,500

2016

22,496

2036Projected Population

Demographics

Demographics

12

Main Occupations

12 %

9.8 %

12.7 %

9.2 %

17.2 %

13.7 %

17.5 %

6.1 %

1.8 %

Community and Personal Service

Clerical and Administrative

Sales

Machinery Operators / Drivers

Technicians and Trade Workers

Labourers

Managers

Other

Professional 64

23

13

Separate House

Unit

Other

Demographics

13

Dwelling ( )Structure %

Nature of ( )Occupancy %

House Hold ( )Type %

13

14.540.732.7

13.8

2364

14.5

12

16.3

31.2

40.8

12

40.7

32.7

Other14.5

Rented

Owned with Mortage

Fully Owned

40.8

31.2

16.3

3.6

4.5

3.7 Group House Hold

Reasons ToInvest

The Geelong Economy is currently undergoing a rapid

transformation with a renewed emphasis on a technology

and health driven economy. Roads, hospitals, residential,

arts and retail projects worth $1.3 Billion are underway

and further regional projects worth $2.3 Billion are

waiting a start or are on the drawing board.

Reasons to Invests

Infrastructure Investment Boom

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Population GrowthThe City of Greater Geelong is set to experience

significant population growth over the next 17 years. It is

estimated that the current population of 220,000 will

Increase to almost 300,000 by 2031

(source:forcast.id.com.au)

Despite the media report, Geelong has been transforming

and revitalising its economy for the past decade,

transitioning away from low-skilled manufacturing and

towards services. Since 2006 there has been an increase

of approximately 10,000 jobs in Geelong.

Reasons to Invests

Job Creation Bonanza

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Strong Demand forRentals Due to its proximity to schools, shopping precincts,

recreational facilities and public transport, there is a very

strong rental demand by families for rental properties in

Armstrong Creek. With an average rental yield close to

6% it makes for a hassle free investment.

Geelong Job Creation Bonanza


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The people of the Geelong Region have

been aware that Ford, Alco and Shell faced

uncertain futures for more than a decade,

and the recent announcement of job

closures didn't catch the city or its residents

by surprise. Thanks to the foresight of both

sides of parliament, the council and its

residents, a transition plan has been in place

since 2006, which has seen an increase in

employment of 9,264 in the Geelong Region.

The Geelong job landscape has and

continues to undergo a dramatic

transformation, with almost 2/3 of

the economy now currently being

comprised of jobs in the service

sector, with an emphasis in the

health and education fields.

As a result, large scale private and

public companies have moved and/

or relocating to Geelong due to its

affordability, accessibility and future

growth prospects:

- Energy Australia relocated its call

centre in early 2014 creating 300 jobs

loyees 1300 people at its Geelong

HQ.

- The NDIS HQ launched in May 2014.

- Target's national HQ is located in

Geelong's employing 850 people.

- The TAC relocated its HQ to

Geelong in 2009. It was the biggest

relocation in the history of Victoria.

·- Workcover will be relocating its

office and with it 550 jobs to

Geelong by 2017, providing a $50 M

benefit to the region.

- Cotton on created 500 new jobs in

Geelong in 2012, & currently employees

1300 people at its Geelong HQ.


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The Geelong Region

Innovation and

Investment Fund

The Geelong Region Innovation and

Investment Fund (GRIIF) has just

committed to assisting Carbon

Revolution Pty Ltd undertake a $24

million project for a carbon wheel

manufacturing facility in Geelong

which will create more than 100

jobs.

Bunge

Bunge, one of the worlds biggest

grain traders is building a new bulk

grain export terminal in Geelong at

a cost of $20 million and will create

100 new jobs.

Epworth Hospital

Geelong

Epworth's new Geelong Hospital w i ll

b e in operation from July 2016.

D uring the construction phase 900

fulltime construction jobs will be

created & once completed there will

be 700 permanent full time health

jobs.

Geelong Health Capital

Investment Fund

The Geelong Health Capital

Investment Fund allocated to

Geelong, is creating 400 new jobs.

Food Manufacturing

Industry

The Food Manufacturing industry

accounts for over 2500 jobs & this

is posed to increase exponentially

over the next 3-5 years with the

announcement of the agreement

signed between Hainan Airlines will

commence freight flights from

Avalon to China within 18 months,

providing the local food producers

with direct access to the Burgeoning

Chinese Market.


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More than $1.3 billion of major construction

is underway or nearing completion across

the Geelong region with a further $2.3 billion

worth of investment either awaiting

commencement or in the planning stages.

Projects completed across the thriving

region in the last year reached a total of

$645 million.

Some Key Projects Underway

Stage 1 Epworth Hospital Waurn Ponds

$ 277 MBaanip Blvd ring road link

to Surf Coast Hwy

$ 9 0 M $ 374 MPrinces Highway duplication (Winchelsea to Colac)

Geelong Hospital expansion

9 3$ M

45 M$

Geelong Library and heritage

Centre upgrade

Centre for Advanced Design in Engineering Training, Deakin Waurn Pond

$55 M


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Some Projects in the Pipeline

Geelong Performing Arts

Centre (GPAC) redevelopment

40 M $ 1

Drysdale bypass

(continuation of the

Geelong Ring Road)

110 $ M $ 500MInfrastructure works for the Port of Geelong (to 2050)

Balmoral Quay

Development

(Rippleside)

$ 80M St Mary’s Terrace

residential and

commercial develop-

ment, Geelong

$65 M

$90 M

Simonds Stadium Stage

4 redevelopment


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Recently Completed Projects

St John of God Hospital

redevelopment

$ 67M

Waurn Ponds Shopping

Centre expansion

$ 220MPrinces Hwy duplication from Geelong Ring Road in

Waurn Ponds Winchelsea

Deakin Waterfront

Campus

redevelopment

$ 40M

$36 M University Hospital Geelong ICU

65 $ M

Deakin University

Waurn Ponds student

accommodation

$ M39

$3 M4Carbon Nexus facility

$ 100M

Epworth Hospital Waurn Ponds

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Infrastructure Investment

Construction of Epworth Geelong

commenced in April 2014 with the first stage

on track to be completed by June 2016.

Once complete the $447 million

teaching hospital will offer state-of-

the-art operating theatres, an

emergency department, intensive

care unit, delivery suites, cancer and

renal dialysis units and will be

integrated with Deakin University's

training and research activities

providing a Centre for clinically-based

teaching for medical, nursing and

allied health students.

Stage one of the project will create

over 430 full time equivalent (FTE)

staff positions and provide a fully

functional hospital to meet the needs

of the growing community of Greater

Geelong and the Colac-Otway, Golden

Plains, Queenscliff and Surf Coast

regions of southwest Victoria.

$ 447М

Completed: June 2016


Funding of $150m is being sought for the

final stages of the Simonds Stadium

redevelopment.

The $90m Stage 4 and $60m Stage

5 for further stand replacements &

refurbishment would complete its

transformation into Victoria's third

national multi-purpose stadium.

Simonds Stadium Geelong

The investment will provide the

infrastructure required to attract

nationally significant events including

AFL, T20 Big Bash, NRL, Super 15

Rugby, A-League Soccer & concerts.

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Deakin University Centre for Advanced Design in Engineering Training

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Work is well underway on Deakin University's

$55 M Centre for Advanced Design in

Engineering Training (CADET) building at its

Waurn Ponds campus.


In partnership with the Gordon TAFE

& local Secondary Schools, the

facility aims to address critical skill

shortages in engineering by

focusing on product design &

development through virtual&

physical modelling , simulation &

prototyping programs.

The Centre will offer programs to

students from secondary schools

through to PhD level. Supported by

the Federal Government's Education

Investment Fund, CADET is entirely

designed in the Computer-Assisted

Design (CAD) program, allowing

engineering students to install CAD

on their tablet device and use their

tablets like a portable x-ray to see

services such as power, water, data,

beams etc.

Once complete CADET will feature

highly advanced equipment

including a high-voltage lab (faraday

cage), high-speed cameras, 3D

printing devices for several

materials, and wire, laser & waterjet

cutters.

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The $90 million Baanip Boulevard was

opened up in June 2015, 6 months a head

of schedule.


Baanip Boulevard ring road link to Surf Coast Hwy

Construction on the 4.5 km two-lane

arterial road began in December

2013 to connect the Geelong Ring

Road, Princes Freeway and Surf

Coast Highway providing a more

effective route for freight and tourist

traffic heading for the Surf Coast as

well as a more direct route for

commuters heading to Melbourne.

Named out of respect for local

Wathaurung man, Willem Baanip,

who was well known to the Geelong community during the 1800s, the

new east-west road also services

the Armstrong Creek Urban Growth

Area.

$ 90 M

Jun 2015

4.5 km section

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Construction of the new $45 m Geelong

Library and Heritage Centre began in 2013

on the same site as the former library in

Johnstone Park.

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Geelong Library and Heritage Centre

The new dome centre designed by

ARM Architecture has nine-storeys

and will include youth discovery and

multi-media zones, community IT

areas, up to 100,000 library collection

items, training and study spaces,

community lounges, meeting spaces,

a dedicated heritage centre reading

room & exhibition and display areas.

Over the past 2 years the project has

created approximately 100 jobs

during construction with 17 ongoing

jobs and expects to reach 1 million

visits per annum within 5 years of

operation. Construction of the new

building is expected to be complete

by the end of 2015.

Barwon Health Geelong Base Hospital


Construction of 3 new wards at the Barwon

Health Geelong Base Hospital is well

underway at a cost of $93 million.

The build will increase bed capacity

at the hospital with a 32 bed acute

ward, a 32-bed oncology ward and a

24-bed palliative care ward,

including 8 Geriatric Evaluation

Management beds.

Princes Highway duplication from Geelong to Colac

The next stage of the Princes Highway

duplication between Winchelsea and Colac

has now begun with the $363 million project

expected to be complete by mid-2019.

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The Princes Highway is the major

inter-regional transport corridor that

connects the communities of south

western Victoria to ports, airports,

rail connections and capital cities.

The Highway directly services over

350,000 people and a number of

important industries including

logging, agriculture, grain, dairy and

smelter products.

The duplication involves widening &

upgrading the highway to a four-lane

divided road that will improve safety,

travel times and reliability. The works

were split into two separate

projects: Geelong to Winchelsea &

Winchelsea to Colac have been&

jointly funded by the Victorian and

Australian governments.

Construction of the $220 million

duplication from Geelong to

Winchelsea was completed in 2015.

$ 363М

Complete: mid-2019

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Education

Only a stone throw away, Armstrong Creek

has some of the finest educational facilities

at its finger tips including top ranked primary

and secondary schools and several high-

quality tertiary education institutions.

Education

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Home to Deakin University and the

Gordon TAFE institute, Geelong also

offers over 60 primary & secondary

schools to choose from including

Geelong Grammar and The Geelong

College.

Tertiary Education

Deakin University - Geelong and

Waurn Ponds Campuses

Gordan Institute of TAFE

Victorian Fitness Academy

Marcus Oldham Farm

Management College

Primary and

Secondary Education

Geelong High School

Fyans Park Primary

Geelong Grammer

Matthew Flinders Girls Secondary

Geelong College

Christian College

Belmont Primary

Belmont High School

Geelong Lutheran College

Grovedale Primary

Lifestyle

Geelong Show Grounds Market

Torquay Cowrie Community Market

Barwon Heads Market

Portairlington Mussel Festival

Markets

Famous for its big city feel, the stunning

coastline, diverse nightlife and great food

culture, Geelong is a place for everyone.

With easy to navigate road networks, regular

train services and intelligent bus routes,

Geelong is a highly accessible city.

The large regional City has a thriving

entertainment scene, quality

hospitality venues and some

seriously cool places to shop.

Famous for its sport and leisure,

Geelong is home to the second

oldest Australian Football Club, the

Geelong Cats.

Cinemas

Major Shopping Complexes

Sporting Grounds &Recreation Facilities

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Village Cinemas

Reading Cinemas

Bell Park Sport & Recreation

Geelong Lawn Tennis Club

Leisurelink Aquatic & Recreation Centre

Simonds Stadium

Royal Geelong Yacht Club

Eastern Beach Swimming Enclosure

Kardinia Park

Lonsdale golf Course

Waurn Ponds Shopping Centre

Westfield Geelong

Pako' Pakington Street

Market Square Geelong

Pubs

Theatres

Resturants

The Commun na Feine

Sir Charles Darling

Sir Charles Hotham

The Bush Inn

The Yardz

The Cremorne

The Great Western

The Valley Inn

The Carlton Hotel

The Sporting Globe

The Belmont Hotel

La Vista Authentic Italian Restaurant

Tulip Bar and Restaurant

Kanitar Thai Restaurant Flavors Castle Indian Restaurant Geelong Boat House Fish and Chips

Jack and Jill

Black Salt Restaurant

Geelong Performing Arts Centre

Geelong Repertory Theatre Company

Potato Shed Drysdale

Medical

Cafes

Tourist Attractions

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Kardinia Health

Health Medical Centre

University Hospital Geelong

Geelong Hospital (Public)

St John of God Hospital

The Cottage Medical Centre

Little Creatures Brewery

AFL game at Simonds Stadium

Adventure park Geelong

Geelong Gaol Ghost Tours

Aqua Orbs Water Park

Rock Adventure Centre

National Wool Museum

A maze n Games

Cunningham PierGeelong Gallery

The Carousel

Bistrot St Jean

Fuel Café

Casse-Croute

The French Corner Café

Pakington Pantry

Disclamer

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While every effort is made by us to

ensure that accurate information is

provided in this brochure, we make

no representation about the content

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All artist impressions contained in

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visual aid only. We give no warranty

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the accuracy of these images.

Information, products and services

published are subject to change

without notice. To the extent

permitted by law, we exclude all

warranties, conditions and

representations whether express,

implied, statutory or otherwise,

relating in anyway to this brochure,

your use of this brochure and the

information, products and services

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advertised through this brochure;

and liability (including for negligence)

to you or anyone else in respect of

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COPYRIGHT 2015

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in ARMSTRONG CREEK - Microsoft · 2016. 9. 15. · Bunge Bunge, one of the worlds biggest grain traders is building a new bulk grain export terminal in Geelong at a cost of $20 million