Retail

Retail Tales – Adapting for Change.

The Harvey Region’s retail industry has successfully adapted to the changing landscape of convenience shopping and online trading, while still providing traditional bricks-and-mortar stores.

The sector has seen significant growth in recent years, with economic output increasing by 34% from 2015/16 to 2020/21, and more than 600 local jobs created in 2020/21 alone.

New Treendale Home & Lifestyle Centre
Treendale Woolworths

The local retail industry is vibrant and diverse, with a wide range of businesses offering services such as repair and maintenance, personal grooming, and healthcare. As the Harvey Region’s population continues to grow, and tourism remains a focus, businesses that embrace technology and changing consumer trends will be well-positioned for success.

Smart Shoppers

With a growing population (more than 30,000 with access to 100,000) and a focus on the tourism industry, the future of retail in the Harvey Region is bright.
The Harvey Region boasts multiple shopping centres, providing a one-stop-shop for visitors looking to browse a range of stores in one location.

The Bottom Line

Economic output by retail trade in the Harvey Region grew by 34% from 2015/16 to 2020/21, totalling $117.6 million.
Retail trade creates over 600 local jobs.
The value of the retail industry in Western Australia was $9.2 billion in 2020/21.

Opportunities on Offer

Expansion of retail offerings in new commercial developments, such as Treendale Light Commercial and the Australind Community Hub, are providing opportunities for new businesses to establish themselves in the Harvey Region and for existing businesses to expand their customer base.
Revitalisation of Yarloop, following the devastating bushfire in 2016, presents opportunities for the establishment of new retail businesses to serve the local community and surrounding areas.
The Fiveight Binningup development provides opportunities for new businesses to establish themselves in a growing community with a small retail outlet and ancillary uses planned for the town centre.
The Village Shopping Centre in Australind presents opportunities for new businesses to establish themselves in a busy shopping centre with a large customer base. An additional bakery option would be well received by customers looking for fresh bread and pastries.
Treendale Shopping Centre presents opportunities for new businesses to establish themselves in a growing residential area, with food-based businesses such as butchery and beauty-related businesses being in high demand.
As the Harvey Region is home to several natural attractions such as national parks, beaches and wineries, there is an opportunity for eco-tourism retail businesses to flourish, selling locally-made artisanal products, souvenirs, and specialty foods.
With the growth of online shopping, there is an opportunity for local retail businesses to expand their online presence and tap into the global market. The Harvey Region has the advantage of a lower cost of living and lower overheads compared to larger cities, which can make it attractive to entrepreneurs looking to establish online retail businesses.
With an increasing focus on health and wellness, there is an opportunity for businesses to cater to this market. This could include health food stores, natural beauty products, and fitness equipment retailers.
As consumers become more discerning, there is an opportunity for niche retail businesses to thrive. This could include specialty stores selling items such as vintage clothing, handmade crafts, or sustainable luxury goods.