Survey provides key indicators on Australia’s marina sector
According to a recent survey on the Australian marina sector presented at the Marinas 19 Conference recently held on the Gold Coast, an average of 41.5% marinas located in six Australian states were expecting revenue growth last year.
The survey from Club Marine provides the latest statistics available on the Australian marina sector, with a breakout of the number of marinas per state, occupacy rates and a number of other indicators on the health of the sector.
|State||Number of marinas||% of total||Average number of berths|
|New South Wales||113||35%||138|
Findings included projected increases in both revenue and employment growth (for 2018) to varying degrees across marinas in six states covered by the survey (no figures for Northern Territories):
|State||Revenue growth||Employment growth|
|New South Wales||59%||18%|
A review of the average occupancy rates and waiting lists for berths in summer across six states showed relatively high occupancy and demand rates at Australian marinas:
|State||Occupancy of berths||% marinas with waiting lists|
|New South Wales||88.7%||45.8%|
The survey also assessed annual gross revenues for marinas by state as well as by cost centres as a percentage of gross revenue. The average gross revenue per marina across the six states surveyed was A$2.4m, with Queensland marinas yielding the highest average revenues of A$3.5m, followed by Victoria at A$2.7m.
|State||Average gross revenues (A$ mil)||Payroll (%)||Taxes & leases (%)||Capital expenditures (%)||Operations/other (%)|
|New South Wales||2.21||20||20||31||29|