Westfield Southland

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Westfield Southland

Westfield Southland is one of the largest shopping centres in Victoria. Located 16 kilometres from the Melbourne CBD, the centre is defined by a broad retail offer and caters to a trade area population of 587,000 residents.

Westfield Southland is home to a many of Australia’s most well-known retailers including David Jones, Myer, Harris Scarfe, Big W, Kmart, Target, Coles, Woolworths, ALDI and Apple. There is a Village cinema complex on site and a broad mix of approximately 100 apparel, footwear and accessories stores.

The total retail spend by the Westfield Southland Total Trade Area was estimated at $8.7 billion in 2017 while the total retail spend by the Main Trade Area was estimated at $4.8 billion.

At $15,225 per annum in 2017, the retail spend per capita in the Main Trade Area is 7% higher than the Melbourne Metro average ($14,247). Westfield Southland’s Main Trade Area also has a high average annual household income* of $106,871 per annum in 2016, which is 7% above the Melbourne Metro average.  There is also a high rate of home ownership with 76% of households owning their own homes or paying a mortgage compared to the Melbourne Metro average of 69%.

The Main Trade Area is characterised by managers, professionals or other white collar workers; with 79% of workers falling in to these categories, higher than the Melbourne Metro average of 73%.
 

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KEY STATS AND FIGURES

DISCLAIMER AND SOURCES

Sources:        Urbis; ABS (incl. Census 2016); and Quantium Market Info (Quantium Market Blueprint®  information sourced from NAB transactions representing 10%-15% of the market which is weighted using the ABS 2011 Census to be demographically and nationally representative of the Australian market). Refer to applicable Westfield Centre Trade Area Maps for further trade area information.
Disclaimer:    The portfolio information on this webpage is produced by Scentre Shopping Centre Management Pty Ltd ACN 000 712 710 and its related bodies corporate, as applicable (Scentre Group). The information is provided in good faith and is believed to be correct as at February 2018.  The information does not constitute any offer, warranty or representation as to the profitability of the Centre or any premises.  You should make your own enquiries and obtain your own legal, business and financial advice about your participation in the Centre and you must satisfy yourself as to the correctness of the information set out on this webpage before acting on it.  Any forward looking statements on this webpage are not assured or guaranteed and may be affected by a number of unforeseen circumstances.  The extent of any redevelopment and its timing may change dependent on a range of issues.  Any retailers, location of tenancies, depiction of usage or category of retailers represented are for illustrative purposes only and do not constitute any representation as to the final tenancy mix of any redevelopment or otherwise.  Neither Scentre Group, the lessor, nor any of their related bodies corporate will be liable or otherwise responsible for any loss or damage (whether from negligence or otherwise) suffered as a result of any decision that you may make to act on the information contained in this presentation.

LEASING CONTACTS
Michael Harrison

Leasing Executive, Leasing

0438 061 012

Email
Kari Hunt

Leasing Executive, Kiosks, Leasing

0439 585 536

Email
Michelle Johns

Regional Manager, Leasing

0419 124 293

Email
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CENTRE LOCATION
1239 Nepean Hwy
Cheltenham, VIC 3192

(03) 9582 5600

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