Market at a glance

• $1.86 billion in estimated retail sales across the Total Trade Area in 2020. Forecast to increase to $2.6 billion by 2031, reflecting an average annual growth rate of 3.2%.

• 119,520 residents estimated in the Main Trade Area by 2026, including 57,220 in the Primary Trade Area.

• $74,636 is the average household income in the Main Trade Area.

• 34% of Main Trade Area residents are aged between 20 to 49.

• 27% of residents are aged 60 and above.

• Target customer segments include young families, couples without children and seniors.

• Greater Shepparton region’s dominant fully enclosed sub-regional shopping centre.

^{Source: Location IQ Report, January 2021. Estimates are pre COVID-19.}

Fast facts

• 14,876 sqm of retail space.

• Home to Woolworths, Big W and Priceline Pharmacy.

• Over 35 specialty stores.

• Average $12,741 specialty sales per square metre Vs Urbis benchmark $8,898.

• Over 2.4 million people movements per year.

• Located alongside Bunnings.

• The largest fully enclosed shopping centre in Shepparton.

^{Source: Dexus sales report, January 2021.}