PwC report ranks Sydney suburbs as places to 'live, work, play'
PwC has released its CityPulse Sydney report, revealing the top 25 places to ‘live, work and play’ in Sydney as part of its national CityPulse campaign.
The CityPulse index, with key data points categorised into ‘Live, Work, Play’, identifies opportunities for new investment and where improved planning can play a role to make residents’ day to day lives better.
The priority themes of CityPulse Sydney are:
The opportunity to create a more skilled and fulfilled Greater Western Sydney
The opportunity to transform areas around Sydney’s transport corridors, which are seeing significant investment
The need for continued investment into health infrastructure across Greater Sydney
The Live index measures the overall amenity of a locality based on everyday lives. These include housing affordability, crime rates and access to services such as health care and schools, with the findings ranking Epping-North Epping as number one.
“With the top 10 areas to ‘live’ spread across diverse inner and middle-ring suburbs up to 25 kilometres from the Harbour CBD, the results show that what is important is a suburb’s proximity to amenities, services and a sufficient supply of housing, regardless of their distance from the CBD,” said PwC Sydney Managing Partner Joseph Carrozzi.
“The highest scoring suburb, Epping, is 23 km from the CBD and yet is a well-established place to live. It has good transport, parks, schools and quality community services, while also scoring well for average property prices.”
“CityPulse also highlights the direct link between health and geography. As you move further away from the Harbour CBD, health performance across the city tends to decrease. This is both due to accessibility to health facilities and the community health score. This should turn around in areas such as Rouse Hill when construction is complete on the Sydney Metro NorthWest, connecting people to more hospitals and medical centres. However we also need to find ways to encourage healthier, active living - and we think investment into activating our open spaces for community use in the Western City can do this.”
The Work index assesses a range of economic factors such as business activity, employment rates, access to jobs and economic performance, ranking Sydney- Haymarket -The Rocks as number one. This reflects the concentration of established employment opportunities in Sydney’s CBD and its high economic output.
CityPulse also reveals that precincts are thriving economically beyond the Harbour CBD.
“Noteworthy areas for economic output are Parramatta -Rosehill, Homebush Bay -Silverwater and Macquarie Park -Marsfield. This is due to substantial investment in essential infrastructure, transport, housing and services over the last decade,” Mr Carrozzi explained.
“We also believe there is an opportunity for the Harbour CBD to leverage its success and raise its global standing. We think Sydney needs a strategy and commitment to innovation hubs as our knowledge economy grows. The Camperdown - Ultimo precinct is ‘innovation-ready’ and would be an ideal area to kick off a CBD innovation hub, centred on health, education and research.
“Westmead and Liverpool should also be developed into world-class medtech precincts to put our city on the global map for innovation and STEM.”
The Play index measures aspects of the locality that make it an appealing place for leisure activities, such as entertainment, dining and cultural or sporting activities, with Sydney-Haymarket-The Rocks named number one again.
“Unsurprisingly, access to entertainment and cultural facilities scores highest in and around the Harbour CBD. The Eastern Harbour City has the largest cultural institutions which receive substantial funding, however we are seeing more investment going into cultural facilities for Western Sydney. We believe that everyone in Greater Sydney should be able to access museums, galleries, theatres and zoos, because these enrich families and communities.”
“The development of these cultural facilities will in time improve the scores of Western Sydney as access to attractions and cultural facilities is improved.
“The report also reveals access to open spaces is generally higher in the outer reaches of Greater Sydney than the inner city suburbs, partly due to density, as well as the vast areas of national park and beaches at the edge of Greater Sydney. This is a great result for the outer ring suburbs and so we need to make sure these assets are able to be enjoyed by everyone.”
The report, CityPulse Sydney: Building three cities of the future, can be downloaded at: www.pwc.com.au/citypulse/sydney