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Welkom Insightsas of Oct 2026
Population size
240 K People
Household size
3.4 People
Median household income
180,000 ZAR per year
Dominant industries
Mining sector
Cost of living index
85 index (national=100)
Retail sales per capita
12,000 ZAR per year
Disposable income
8,500 ZAR per month
Existing retail mix
Mixed type
Number of competitors
50 stores
Market saturation
Medium level
Presence of anchor tenants
Yes presence
Foot traffic from nearby businesses
High level
Rent costs
8,000 ZAR per month
Property values
1,200,000 ZAR
Zoning laws
Municipal regulations
Business permits
Available status
Availability of retail space
Moderate level
Proximity to major roads
High access
Public transportation access
Medium level
Parking availability
High spaces
Pedestrian traffic
Medium level
Vehicle traffic
High vehicles per day
Public transport accessibility
Bus services type
Commute times
25 minutes
Work patterns
Shift-based type
Shopping preferences
Value-oriented preference
Brand affinity
National chains brands
Consumer loyalty
Medium level
Entertainment and leisure trends
Malls and sports activities
Crime statistics
High level
Shoplifting rates
12 incidents per 1,000
Public safety measures
Police patrols measures
Tourist spending
Low ZAR per year
Tourist footfall
5,000 visitors per year
Major local events
Mining festivals events
Seasonal attractions
Gold mines tours attractions
Total retail space
50,000 sqm
Retail space per capita
0.21 sqm per person
Sustainable retail demand
Medium level
Major upcoming retail projects
None major projects
Consumer spending patterns
Essential-focused patterns
Luxury retail performance
Low level
Top mall shopping preferences
Goldfields Mall mall
Key drivers for mall visits
Convenience drivers
Preferred brand categories
High preference
Number of existing malls
3 malls
Total retail footfall
14,400,000 visits
Retail market gaps
Luxury and specialty gaps
Trade area population
500,000 people
Retail potential in catchment area
High potential
Preferred mall layouts
Single-level layout
Public transport access
Bus routes access
Walkability score
60 score out of 100
Road infrastructure & car access
Good access
Parking capacity in comparable malls
1,500 spaces
Surrounding land use & future developments
Mixed residential commercial use
Retail Destinations in Welkom
Browse 1 retail destination in Welkom, South Africa. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Welkom at a Glance
- Total Properties1
- CountrySouth Africa
