Attachment 7 - Economic Need and Impact Assessment · MCU13/0251

Table 4.1: Weekly Retail Expenditure Patterns of Trade Area Households, 2013-2021 (2013
dollars)
 Trade Area                                       2013       2015       2017        2019        2021

 Groceries & take home food                     $171.45    $173.17    $174.90     $176.66     $178.43
 Dining (incl. on-premise liquor)                $31.43     $31.75     $32.06      $32.39      $32.71
 Fast food & take-away food                      $26.74     $27.01     $27.28      $27.55      $27.83
 Clothing, footwear & apparel                    $42.90     $43.33     $43.76      $44.20      $44.64
 Personal & other goods                          $67.48     $68.15     $68.84      $69.53      $70.22
 Core bulky goods                                $58.70     $59.29     $59.88      $60.48      $61.09
 Ancillary bulky goods                           $52.90     $53.43     $53.97      $54.51      $55.06
 Hardware                                        $33.68     $34.02     $34.36      $34.70      $35.05
 Takeaway liquor                                 $20.86     $21.07     $21.28      $21.49      $21.71
 Fuel & Related                                  $61.78     $62.40     $63.02      $63.65      $64.29
 Total Grocery & Specialty                     $422.63    $426.87    $431.15     $435.47     $439.83
 Total Bulky Goods                             $145.28    $146.74    $148.21     $149.69     $151.19
 Total                                         $567.91    $573.60    $579.35     $585.16     $591.03

Source: Derived from ABS (2010) Household Expenditure Survey, 2009-10 and the 2011 Census of Population & Housing.


Table 4.2 below provides a detailed breakdown of the anticipated available retail expenditure by
retail category. Annual available retail expenditure in the trade area is projected to increase from
$51.35 million in 2013 to $57.77 million in 2021, or by 1.5% per annum.
Table 4.2: Annual Available Retail Expenditure in Trade Area, 2013-2021 ($M, 2013 dollars)

 Trade Area                                       2013       2015       2017        2019        2021

 Groceries & take home food                      $15.50     $15.98     $16.47      $16.95      $17.44
 Dining (incl. on-premise liquor)                 $2.84      $2.93      $3.02       $3.11       $3.20
 Fast food & take-away food                       $2.42      $2.49      $2.57       $2.64       $2.72
 Clothing, footwear & apparel                     $3.88      $4.00      $4.12       $4.24       $4.36
 Personal & other goods                           $6.10      $6.29      $6.48       $6.67       $6.86
 Core bulky goods                                 $5.31      $5.47      $5.64       $5.80       $5.97
 Ancillary bulky goods                            $4.78      $4.93      $5.08       $5.23       $5.38
 Hardware                                         $3.05      $3.14      $3.24       $3.33       $3.43
 Takeaway liquor                                  $1.89      $1.94      $2.00       $2.06       $2.12
 Fuel & Related                                   $5.59      $5.76      $5.94       $6.11       $6.28
 Total Grocery & Specialty                      $38.22     $39.40     $40.61      $41.79      $42.99
 Total Bulky Goods                              $13.14     $13.54     $13.96      $14.36      $14.78
 Total                                          $51.35     $52.95     $54.56      $56.15      $57.77

Source: Derived from Table 2.2 and Table 3.1


4.1.1 Available Supermarket Expenditure
The major driver of supermarket expenditure is household expenditure on groceries and take-
home food. Sales of groceries and take-home food account for between 90% and 95% of a
supermarket’s gross retail sales.
Supermarkets generally capture approximately 80% of available household expenditure on
groceries and take home food, with the remaining 20% of household expenditure on groceries
and take home food being captured by specialty food retailers (e.g. bakeries, butchers, green
grocers, etc). Household expenditure on grocery and take home food items in the trade area is
estimated at approximately $15.50 million in 2013 and is anticipated to increase to $17.44 million



Peregian Village Market Economic Need and Impact Assessment                                                          18
December 2013 13034 Report Rev 0