<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="-31.8971626" data-lng="115.8992309" data-map-catchment-data-value="{&quot;lat&quot;:&quot;-31.8971626&quot;,&quot;lng&quot;:&quot;115.8992309&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:369924}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5-10 km radius km&quot;,&quot;description&quot;:&quot;Primary area serving the mall, centered in Morley, Perth&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;10-20 km radius km&quot;,&quot;description&quot;:&quot;Extended area including broader north-east Perth suburbs&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;369,924 People&quot;,&quot;description&quot;:&quot;Total trade area population as per Vicinity Centres data, indicating potential customer base&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.8&quot;,&quot;description&quot;:&quot;Annual growth rate for Greater Perth metropolitan area, applicable to north-east corridor&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;35 Years&quot;,&quot;description&quot;:&quot;Average age in the total trade area, from leasing fact sheet&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.5 People per household&quot;,&quot;description&quot;:&quot;Estimated average household size based on Morley and Greater Perth ABS data&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;28.0&quot;,&quot;description&quot;:&quot;Percentage of population with bachelor degree or higher in Western Australia, per ABS&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;80,274 AUD per year&quot;,&quot;description&quot;:&quot;Average household income in total trade area, from Vicinity Centres leasing fact sheet&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.9&quot;,&quot;description&quot;:&quot;Current unemployment rate in Western Australia, per ABS 2023 data&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;100 Index&quot;,&quot;description&quot;:&quot;Perth cost of living index relative to Australian average of 100&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;12,000 AUD per year&quot;,&quot;description&quot;:&quot;Estimated annual retail expenditure per person in Australia, based on total retail sales data&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,200 AUD per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on clothing and apparel in Australia&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,000 AUD per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on food and groceries, adjusted for household size&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800 AUD per capita per year&quot;,&quot;description&quot;:&quot;Estimated annual per capita spending on consumer electronics, based on Statista data&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;9,100,000 Visitors&quot;,&quot;description&quot;:&quot;Annual visitor numbers to the centre, from Vicinity Centres leasing fact sheet&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Estimated average time visitors spend in the mall, typical for regional centres&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making a purchase, standard for Australian malls&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;7,000 AUD per sqm per year&quot;,&quot;description&quot;:&quot;Estimated annual sales turnover per square meter, based on regional mall benchmarks&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;190 Stores&quot;,&quot;description&quot;:&quot;Total number of tenants including majors and specialties&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Anchored by Myer, Kmart, Coles, Woolworths, and others&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Low Density&quot;,&quot;description&quot;:&quot;Dominant regional centre in north-east Perth with limited direct competition&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;Mix of fashion, food, entertainment, and services across 154 specialty retailers&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Includes unique dining and entertainment options, enhanced by redevelopment&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;75,352 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area of the shopping centre&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Two-level structure for retail and parking&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;500 AUD per sqm per year&quot;,&quot;description&quot;:&quot;Estimated average prime retail rent in Perth regional malls&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;4.0&quot;,&quot;description&quot;:&quot;Estimated vacancy rate, low due to strong performance&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Standard 3-5 years Years&quot;,&quot;description&quot;:&quot;Typical lease terms with options for renewal&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;Increasing sqm&quot;,&quot;description&quot;:&quot;Additional space becoming available with ongoing redevelopment&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Adjacent Distance&quot;,&quot;description&quot;:&quot;Direct access to Tonkin Highway and Bayswater Road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;High Access&quot;,&quot;description&quot;:&quot;Served by multiple bus routes and proximity to Morley train station&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;4,086 Spaces&quot;,&quot;description&quot;:&quot;Total undercover and open parking available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;Strong pedestrian access within the centre and surrounding area&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;E-commerce accounts for ~15% of Australian retail sales&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated adoption rate for click-and-collect services in Australian malls&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;92.0&quot;,&quot;description&quot;:&quot;Household internet penetration rate in Australia&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2 Incidents per 1,000 visitors&quot;,&quot;description&quot;:&quot;Low retail crime rate typical for secure Australian malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;CCTV, guards, patrols Measures&quot;,&quot;description&quot;:&quot;Comprehensive security including 24/7 monitoring and on-site personnel&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple annual Events&quot;,&quot;description&quot;:&quot;Regular events including seasonal promotions and community activities&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated participation in mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital screens throughout the centre for advertising&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Expected growth post-redevelopment and with population increase&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;100 New stores&quot;,&quot;description&quot;:&quot;Planned new tenants as part of $240 million redevelopment&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;$240 million redevelopment AUD&quot;,&quot;description&quot;:&quot;Major revamp including new entertainment precinct, completion 2026&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:6470,&quot;slug&quot;:&quot;morley-galleria&quot;,&quot;name&quot;:&quot;Morley Galleria&quot;,&quot;lat&quot;:&quot;-31.897169&quot;,&quot;lng&quot;:&quot;115.899292&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Morley Galleria is a two-level major regional shopping centre located at the corner of Collier and Walter Roads in Morley, approximately 8 kilometres northeast of Perth CBD. With a gross leasable area (GLA) of 75,352 square metres, it serves as a key retail hub for the northeastern suburbs. The centre features anchor tenants including Myer department store, Kmart, Target discount department stores, Coles and Woolworths supermarkets, ALDI (adjacent), and Event Cinemas (with closure announced for September 2025). It hosts over 95 specialty stores across categories such as fashion, footwear, health and beauty, homewares, and food and beverage, though total retailers number around 140 including majors. The catchment area encompasses a trade population of 381,352 residents, drawing from diverse suburbs like Bayswater, Embleton, and Noranda. Accessibility is supported by the Galleria Bus Station on the Transperth network, proximity to Tonkin Highway for vehicular access, and over 3,000 parking spaces, though recent drainage works have reduced some surface parking. Market position reflects a historically strong performer since opening in 1994, but recent years show decline due to aging infrastructure and competition from upgraded centres like Westfield Carousel. Occupancy has trended lower with visible vacancies, particularly on the upper level, contributing to reduced footfall. A $240 million redevelopment commenced in September 2025, approved by Vicinity Centres, aims to revitalize the mall with a new entertainment and lifestyle precinct, mall upgrades, and refreshed tenant mix to enhance appeal. Leasing advantages include established anchors driving traffic, potential for repositioning post-redevelopment, and a growing regional population projected to increase 5.38% by 2031. However, current challenges involve high vacancy risks and market saturation in discount retail. Rent levels are not publicly detailed but inferred to be elevated to facilitate redevelopment transitions. Overall, the property offers balanced opportunities for retailers targeting middle-income families, balanced by operational and competitive pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;Myer, Kmart, Coles, ALDI, Event Cinemas&quot;,&quot;distance&quot;:0.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;190&quot;,&quot;gla_sqm&quot;:&quot;75352&quot;,&quot;anchor_tenants&quot;:&quot;Myer, Kmart, Coles, ALDI, Event Cinemas&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:6476,&quot;slug&quot;:&quot;centro-midland&quot;,&quot;name&quot;:&quot;Centro Midland&quot;,&quot;lat&quot;:&quot;-31.889&quot;,&quot;lng&quot;:&quot;116.007&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Centro Midland, rebranded as Midland Gate Shopping Centre, is situated at 274 Great Eastern Highway in Midland, 18 km northeast of Perth CBD, Western Australia. Spanning 68,600 sqm GLA, it hosts over 140 retailers, anchored by Kmart, Target, Big W, Coles, Woolworths, and Aldi. Tenant mix encompasses discount department stores, full-line supermarkets, fashion (e.g., H\u0026M, Cotton On), beauty and health services, electronics (JB Hi-Fi), home goods, and a food court with 15+ options including international cuisine. As the premier regional destination in Perths eastern suburbs, it draws from a 265,630-person trade area growing 1.8% annually to 318,560 by 2031, characterized by middle-income households (median ~AUD 1,800 weekly) favoring value retail. Accessibility is strong with 3,000+ free parking spaces, adjacent to Midland Station on the Transperth network. Perth regional retail market shows robust metrics: occupancy ~98.9%, sales growth 6% y-o-y, rents up 4%. Advantages include high footfall from local loyalty and population influx; drawbacks involve car dependency, potential saturation in discount categories, and online competition impacting non-essentials. Recent $465m sale underscores asset strength amid WA boom.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;Coles,Woolworths,ALDI,Kmart,Big W,Target,Ace Cinemas&quot;,&quot;distance&quot;:10.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;68600&quot;,&quot;anchor_tenants&quot;:&quot;Coles,Woolworths,ALDI,Kmart,Big W,Target,Ace Cinemas&quot;}},{&quot;id&quot;:6517,&quot;slug&quot;:&quot;hawaiian-s-forrestfield&quot;,&quot;name&quot;:&quot;Hawaiian&#39;s Forrestfield&quot;,&quot;lat&quot;:&quot;-31.9867346&quot;,&quot;lng&quot;:&quot;116.0091661&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Hawaiian&#39;s Forrestfield is a neighbourhood shopping centre located at 20 Strelitzia Avenue in Forrestfield, a suburb 16 km southeast of Perth CBD. Acquired by Hawaiian in 2015 for approximately $40 million, it underwent a major refurbishment to integrate the Forum and Marketplace components, resulting in a refreshed layout with modern amenities. The centre spans approximately 22,000 square metres of gross leasable area and features over 70 tenancies, anchored by full-line Coles and Woolworths supermarkets, which drive consistent traffic. Key mini-majors include Priceline Pharmacy, The Reject Shop, and Dome Cafe, complemented by a diverse tenant mix of national chains, independent retailers, dining options like Taste of Italy and The Cheesecake Shop, and community services such as the Forrestfield Library operated by the City of Kalamunda. Additional facilities include an outdoor playground, landscaped gardens, and a dining precinct, enhancing its role as a family-oriented community hub. Accessibility is strong with 865 shaded parking bays offering three hours free, proximity to the Roe Highway, and public transport links, including nearby Forrestfield Airport Station on the Transperth network. The surrounding Forrestfield area has a population of around 20,000, with demographics skewed towards families and couples, median age of 36, and household incomes above the Perth average at $1,800 weekly. In the broader Perth retail market, neighbourhood centres like this one benefit from robust sales growth of 5.9% year-on-year as of Q2 2025, driven by population expansion and low vacancy rates around 5%. Leasing advantages include flexible options for permanent, short-term, and casual spaces, supported by Hawaiian&#39;s management expertise in fostering retailer success through targeted marketing and community events. However, potential drawbacks involve competition from larger regional malls like Carousel and Maddington Central, which may draw comparison shoppers, and occasional access congestion during peak hours near the highway. Overall, it offers stable, convenience-driven performance for retailers targeting local everyday needs, with occupancy estimated at 95% based on Perth suburban trends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;Coles, Woolworths&quot;,&quot;distance&quot;:14.38,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;50&quot;,&quot;gla_sqm&quot;:&quot;13705&quot;,&quot;anchor_tenants&quot;:&quot;Coles, Woolworths&quot;}},{&quot;id&quot;:6545,&quot;slug&quot;:&quot;claremont-quarter&quot;,&quot;name&quot;:&quot;Claremont Quarter&quot;,&quot;lat&quot;:&quot;-31.9823648&quot;,&quot;lng&quot;:&quot;115.779715&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Claremont Quarter is a premium retail destination located in the affluent suburb of Claremont, approximately 9.5 kilometers southwest of Perth CBD along Stirling Highway. Opened in 2008, it spans 29,766 square meters of gross leasable area over two levels, featuring over 140 specialty stores anchored by major tenants including David Jones department store, Coles supermarket, and Jacks Whole Foods \u0026 Groceries. The tenant mix emphasizes luxury fashion, lifestyle brands, and dining options, with boutiques such as Zimmermann, Country Road, and Sass \u0026 Bide, alongside casual eateries and upscale restaurants. The property includes 1,500 parking bays with three hours free parking, enhancing accessibility via road and public transport links to the Claremont train station. Market positionally, it serves as a sub-regional hub in Western Suburbs, drawing from a primary catchment of around 150,000 residents within a 10-kilometer radius, characterized by higher-than-average incomes and professional demographics. Occupancy stands at approximately 98 percent as of recent reports, supported by strong tenant productivity levels that position it well for rental growth amid Perths recovering retail sector. Leasing advantages include flexible space options from 50 to 1,000 square meters, competitive base rents averaging $650 per square meter annually, and turnover rents tied to sales performance, which benefit high-end retailers. However, challenges include proximity to larger competitors like Karrinyup Shopping Centre and potential market saturation in luxury categories. Overall footfall is estimated at 6 million annual visitors, bolstered by community events and seasonal promotions, though economic pressures on discretionary spending pose risks to performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;David Jones, Coles, Jack&#39;s Whole Foods \u0026 Groceries&quot;,&quot;distance&quot;:14.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;David Jones, Coles, Jack&#39;s Whole Foods \u0026 Groceries&quot;}},{&quot;id&quot;:6287,&quot;slug&quot;:&quot;karrinyup-shopping-centre&quot;,&quot;name&quot;:&quot;Karrinyup Shopping Centre&quot;,&quot;lat&quot;:&quot;-31.8773477&quot;,&quot;lng&quot;:&quot;115.7781686&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Karrinyup Shopping Centre is a major regional shopping destination located at 200 Karrinyup Road in the suburb of Karrinyup, approximately 12 kilometres northwest of Perth CBD in Western Australia. Opened in 1973 and significantly redeveloped with an $800 million investment completed in 2021, the centre spans over 106,000 square metres of gross leasable area and houses more than 290 specialty stores. Key anchors include the David Jones department store, Kmart discount department store, and three supermarkets: Coles, Woolworths, and Aldi, alongside a Palace Cinemas complex and various dining options. The tenant mix emphasizes fashion brands such as H\u0026M, Zara, and UNIQLO, lifestyle services, wellness facilities, and a fresh food precinct, creating an integrated lifestyle offering that attracts aspirational shoppers. In the Perth retail market, Karrinyup holds a premium position as the first Western Australian centre to achieve $1 billion in annual turnover as of May 2025, supported by 13.4 million annual visitors. Occupancy rates remain strong at approximately 99 percent, reflecting robust demand in the affluent northern suburbs. Leasing opportunities benefit from high footfall and sales productivity, with specialty turnover exceeding industry averages, though base rents are elevated due to the centres market-leading status. Surrounding demographics feature a catchment of over 250,000 residents with median household incomes above $2,000 per week and an average age of 41 years, drawn from upscale coastal communities. However, retailers should consider potential challenges like increasing competition from nearby centres such as Innaloo and Garden City, as well as broader market pressures from e-commerce saturation in fashion categories. Accessibility is enhanced by proximity to the Mitchell Freeway and public bus routes, with over 4,000 parking spaces available, though peak-hour traffic congestion poses minor risks to northern access.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;Myer, David Jones, Big W, Woolworths, Coles, Aldi, Hoyts&quot;,&quot;distance&quot;:11.64,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;290&quot;,&quot;gla_sqm&quot;:&quot;109000&quot;,&quot;anchor_tenants&quot;:&quot;Myer, David Jones, Big W, Woolworths, Coles, Aldi, Hoyts&quot;}},{&quot;id&quot;:6338,&quot;slug&quot;:&quot;westfield-carousel&quot;,&quot;name&quot;:&quot;Westfield Carousel&quot;,&quot;lat&quot;:&quot;-32.0194963&quot;,&quot;lng&quot;:&quot;115.9382998&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Westfield Carousel in Cannington, Perth, spans 109,795 square metres of gross leasable area across three levels with 362 stores, making it Western Australias largest shopping centre. Anchors include Myer, David Jones, Kmart, Target, Coles, and Woolworths, alongside diverse tenants in fashion, beauty, electronics, discount retail, homeware, and services. Dining features a food court, alfresco precinct with 12 restaurants, and entertainment includes a 14-screen Hoyts cinema and arcade. Located 12 km southeast of Perth CBD on Albany Highway, accessibility is strong with proximity to Cannington railway station (600 metres), multiple Transperth bus routes, and 4,300 parking spaces. The total trade area population is 743,900 in 2024, main trade area 360,400, with Cannington suburb population of 6,875, median age 30, 50% overseas-born, reflecting a young, multicultural demographic supportive of varied retail. Market position benefits from 2018 redevelopment boosting fashion and leisure, amid Perths 5.1% retail trade growth. Leasing advantages encompass high occupancy near 99%, net face rents at $1,384 per sqm (up 4.3% year-on-year), and population-driven demand. Drawbacks involve competition from Karrinyup and Booragoon expansions, suburban retail saturation risks, and access challenges during peak hours.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;Coles, Woolworths, Kmart, Target, Myer, David Jones, Rebel Sport&quot;,&quot;distance&quot;:14.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;362&quot;,&quot;gla_sqm&quot;:&quot;109795&quot;,&quot;anchor_tenants&quot;:&quot;Coles, Woolworths, Kmart, Target, Myer, David Jones, Rebel Sport&quot;}},{&quot;id&quot;:6477,&quot;slug&quot;:&quot;centro-warwick&quot;,&quot;name&quot;:&quot;Centro Warwick&quot;,&quot;lat&quot;:&quot;-31.8441609&quot;,&quot;lng&quot;:&quot;115.8104644&quot;,&quot;property_type&quot;:&quot;Sub Regional&quot;,&quot;description&quot;:&quot;Centro Warwick, now operating as Warwick Grove, is a sub-regional shopping centre in the Warwick suburb of Perth, Western Australia, situated 15 km north of the CBD at the corner of Beach and Erindale Roads. The property spans 31,763 sqm of gross leasable area and hosts 90 tenants, anchored by Woolworths, Coles, ALDI, Kmart, and HOYTS Cinemas. Tenant mix allocation includes 29% supermarkets, 21% discount department stores, 22% specialties, 20% other retail, 1% mini-majors, and 6% non-retail. It serves a trade area of 105,000 residents, recording 4.5 million annual visits and generating $296.4 million in moving annual turnover with sales of $10,148 per sqm overall and $9,931 per sqm for specialties. Occupancy is robust at 99.5%, supported by a 4.8-year weighted average lease expiry. The centre holds a convenience-oriented market position in the expanding northern Perth corridor, benefiting from accessible road networks and proximity to residential growth. Leasing opportunities are enhanced by high tenant retention and moderate occupancy costs of 11.7% for specialties, though challenges include competition from larger regional malls like Karrinyup and potential saturation in value retail segments amid e-commerce pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;Kmart,ALDI,Coles,Woolworths,HOYTS Cinemas&quot;,&quot;distance&quot;:10.25,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;31763&quot;,&quot;anchor_tenants&quot;:&quot;Kmart,ALDI,Coles,Woolworths,HOYTS Cinemas&quot;}},{&quot;id&quot;:6546,&quot;slug&quot;:&quot;dfo-perth&quot;,&quot;name&quot;:&quot;Dfo Perth&quot;,&quot;lat&quot;:&quot;-31.9384407&quot;,&quot;lng&quot;:&quot;115.9486475&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;DFO Perth is a single-level outlet shopping center located at 11 High Street in the Perth Airport precinct, approximately 13 kilometers east of the Perth CBD in Western Australia. Opened in 2018 as a joint venture between Vicinity Centres and Perth Airport, it spans 23,464 square meters of gross lettable area with 112 tenants, achieving 100% occupancy as of December 2024. The tenant mix comprises 22% mini-majors and 78% specialty stores, featuring over 100 international and Australian brands such as Adidas, Calvin Klein, Coach, GANT, Kate Spade, Michael Kors, Polo Ralph Lauren, Swarovski, Industrie, and Tommy Hilfiger, focusing on fashion, accessories, and lifestyle outlets offering up to 70% discounts. It includes a casual dining precinct and a children&#39;s playground, supported by 1,621 car parking spaces, including EV charging. Performance metrics indicate robust sales with moving annual turnover of $202.6 million, equating to $9,034 per square meter, and specialty occupancy costs at 11.6%, which is competitive in the Perth market. The trade area encompasses 1.96 million residents, drawing from the broader Perth metropolitan region, including Belmont, Redcliffe, and airport-adjacent suburbs, with additional tourist and traveler traffic from Perth Airport handling over 15 million passengers annually. Market position as Western Australia&#39;s leading outlet center benefits from the strong Perth retail sector in 2025, where retail investment volumes rose 23.6% year-over-year and occupancy rates hover near 99%. Leasing advantages include short weighted average lease expiry of 2.4 years allowing flexibility, low occupancy costs supporting profitability, and high footfall from airport proximity, estimated at several million annual visitors based on similar outlets. However, challenges include limited public transport access requiring car dependency, competition from more central outlets like Watertown Brand Outlet Centre, and occasional criticism in reviews for inconsistent discount depths compared to eastern state DFOS. Infrastructure is modern with 4-Star Green Star and 5-Star NABERS Energy ratings, but the peripheral location may limit non-traveler draw in a saturated fashion retail market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;Adidas, Bonds Outlet, Converse Authentic Factory Outlet, COTTON ON MEGA, Jim Kidd Sports, Polo Ralph Lauren, Skechers, Strand, Under Armour&quot;,&quot;distance&quot;:6.54,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;118&quot;,&quot;gla_sqm&quot;:&quot;23464&quot;,&quot;anchor_tenants&quot;:&quot;Adidas, Bonds Outlet, Converse Authentic Factory Outlet, COTTON ON MEGA, Jim Kidd Sports, Polo Ralph Lauren, Skechers, Strand, Under Armour&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:6339,&quot;slug&quot;:&quot;westfield-whitford-city&quot;,&quot;name&quot;:&quot;Westfield Whitford City&quot;,&quot;lat&quot;:&quot;-31.7967214&quot;,&quot;lng&quot;:&quot;115.7496595&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Westfield Whitford City is a super sub-regional shopping centre located in Hillarys, a coastal suburb 20 kilometres north of Perth CBD, at the corner of Marmion Avenue and Whitfords Avenue. The property spans 88,880 square metres of gross leasable area, featuring four major anchors: Kmart, BIG W, Coles, and Woolworths, the latter being the states top-performing supermarket. It includes 272 specialty stores across fashion, health, beauty, and services, complemented by a 2017 $80 million redevelopment that added an outdoor dining, lifestyle, and entertainment precinct with an 8-screen Event Cinemas and bowling alley. The tenant mix emphasizes convenience retail, discount variety, and leisure, serving a total trade area population of over 453,000 residents with a main trade area of 157,000. Annual retail expenditure in the total trade area reaches $8.6 billion, while the main trade area accounts for $3.3 billion, supported by per capita spending of $20,572, 11 percent above the Perth metropolitan average. Occupancy exceeds 95 percent, indicating robust demand amid limited new supply in northern Perth suburbs. Leasing opportunities benefit from stable anchor tenancies that drive consistent footfall of approximately 7.2 million annual visits, high vehicle exposure of over 6.8 million passes yearly on Whitfords Avenue, and proximity to Whitfords railway station and bus routes for accessibility. The centres market position as a community hub in an affluent area with median household incomes above regional norms supports resilient performance, with 2023 turnover at $513 million. However, absence of a flagship department store like Myer or David Jones limits luxury appeal, and competition from larger centres such as Lakeside Joondalup poses risks to category-specific sales. Operational quality remains high post-redevelopment, though some pre-2017 infrastructure may require maintenance. Rent levels are competitive for sub-regionals, around $600 per square metre annually for A-grade spaces, with incentives available for extended leases to mitigate market saturation in grocery and discount segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;BIG W, Coles, Woolworths, Kmart, Target, Rebel&quot;,&quot;distance&quot;:18.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;278&quot;,&quot;gla_sqm&quot;:&quot;85048&quot;,&quot;anchor_tenants&quot;:&quot;BIG W, Coles, Woolworths, Kmart, Target, Rebel&quot;}},{&quot;id&quot;:6992,&quot;slug&quot;:&quot;garden-city-booragoon&quot;,&quot;name&quot;:&quot;Garden City Booragoon&quot;,&quot;lat&quot;:&quot;-32.0339503&quot;,&quot;lng&quot;:&quot;115.836029&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Garden City Booragoon, now operating as Westfield Booragoon, is a major regional shopping centre located at the corner of Marmion Avenue and Riseley Street in the southern Perth suburb of Booragoon, Western Australia. Opened in 1972 as part of the Melville Civic Centre complex, it spans a gross leasable area of 72,843 square metres across three levels on approximately 300,000 square metres of land, featuring over 174 specialty stores and services. Ownership is split 50/50 between Dexus and Scentre Group, with management by Scentre Group since 2019. Anchor tenants include Myer, David Jones, Kmart, Coles, and Woolworths, providing a balanced tenant mix across fashion, department stores, discount variety, and supermarkets. The centre includes an 8-screen Hoyts cinema, a food court, and external facilities such as a public library, council offices, and a major bus interchange serving southern suburbs. Market position: It serves as a key sub-regional retail node in Perths southern corridor, drawing from a catchment of affluent suburbs like Applecross, Murdoch, and Willetton, with a moving annual turnover reported at approximately $559 million in recent assessments. Accessibility is strong via the Booragoon bus station and nearby major roads, with ample undercover and rooftop parking. Leasing advantages include competitive positioning in a growing population area, high visibility for retailers, and potential for expansion through approved redevelopment plans valued at up to $800 million, aiming to increase GLA to 114,620 square metres with new fresh food precincts, dining areas, and additional stores. However, drawbacks involve current aging infrastructure in parts, potential short-term disruptions from redevelopment, and market saturation in comparison retail amid rising online competition. Occupancy remains robust at near-full levels typical for prime Perth centres, supported by diverse categories including health, beauty, and entertainment. Operational quality is solid, with sustainable features added in past upgrades, though access issues during peak hours on surrounding roads can impact footfall. Overall, it offers stable performance for tenants in essential and experiential retail, balanced against regional economic sensitivities.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;David Jones, Myer, Kmart, Woolworths, Coles, Hoyts Cinema&quot;,&quot;distance&quot;:16.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;72000&quot;,&quot;anchor_tenants&quot;:&quot;David Jones, Myer, Kmart, Woolworths, Coles, Hoyts Cinema&quot;}},{&quot;id&quot;:6284,&quot;slug&quot;:&quot;westfield-booragoon&quot;,&quot;name&quot;:&quot;Westfield Booragoon (Formerly Garden City)&quot;,&quot;lat&quot;:&quot;-32.0339503&quot;,&quot;lng&quot;:&quot;115.836029&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Westfield Booragoon is a major regional shopping centre located approximately 13 kilometres south of Perth CBD in the suburb of Booragoon, Western Australia, at the intersection of Marmion and Riseley Streets. Spanning 72,346 square metres of gross leasable area, it features 234 specialty stores alongside major anchors including David Jones, Myer, Kmart, Coles, and Woolworths supermarkets, as well as a Hoyts cinema complex. The tenant mix emphasizes fashion, electronics, and lifestyle retail, with prominent brands such as Apple and JB Hi-Fi. The centre serves a total trade area population exceeding 581,000 residents, with a main trade area characterized by affluent demographics where 81 percent of workers are professionals or white-collar, surpassing the Perth metropolitan average of 69 percent. Annual retail sales reach $696.4 million, supported by 8.3 million customer visits. Total retail spend in the trade area is estimated at $11 billion, with per capita spending in the main area at $20,690, 11 percent above the metro average. Accessibility is provided via major arterial roads, with 4,047 parking spaces, though traffic congestion on Riseley Street can pose challenges. As part of Scentre Groups portfolio, the centre maintains high operational standards and near-full occupancy at around 99.4 percent. A development application approved in 2022 aims to expand retail, dining, and entertainment offerings, potentially enhancing its position as a lifestyle destination. Leasing opportunities benefit from strong demand and positive rent escalations, but retailers should consider competition from nearby centres and the need to align with the centres focus on mid-to-upper market positioning. Market reports indicate stable Perth retail conditions, with regional centre rents rising 2.8 percent year-over-year in 2024, though economic pressures like inflation may impact discretionary spending in non-essential categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;David Jones, Myer, Kmart, Woolworths, Coles&quot;,&quot;distance&quot;:16.34,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;228&quot;,&quot;gla_sqm&quot;:&quot;72346&quot;,&quot;anchor_tenants&quot;:&quot;David Jones, Myer, Kmart, Woolworths, Coles&quot;}},{&quot;id&quot;:8316,&quot;slug&quot;:&quot;whitford-city&quot;,&quot;name&quot;:&quot;Whitford City&quot;,&quot;lat&quot;:&quot;-31.7967214&quot;,&quot;lng&quot;:&quot;115.7496595&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Westfield Whitford City is a super sub-regional shopping centre located in Hillarys, approximately 20 km north of Perth CBD at the intersection of Whitfords Avenue and Marmion Avenue. Spanning 85,063 sqm of gross leasable area, it hosts 277 retailers, including key anchors such as Woolworths, Coles, Kmart, Big W, and Bunnings Warehouse, alongside a diverse mix of fashion, dining, entertainment, and services. The centre attracts 7 million annual customer visits and generates $557 million in retail sales, benefiting from a main trade area population of 163,700 residents projected to grow within a total trade area of 464,200 by 2025. Positioned in Perth&#39;s affluent northern coastal corridor, it serves families and professionals with above-average incomes, where median household income in Hillarys reaches $2,333 weekly, 55% higher than the Greater Perth average. Accessibility is strong via major arterial roads and public transport, including the Whitfords train station nearby, supporting high footfall. Leasing advantages include stable occupancy, typically above 95% for Scentre Group assets, and competitive net rents around $400-600 per sqm annually, influenced by strong sales productivity of over $6,500 per sqm. However, the absence of a full-line department store limits prestige anchoring compared to larger regional malls. Market factors show robust performance in discount and grocery categories amid Perth&#39;s retail recovery, with vacancy rates in suburban centres dropping to 5.3% in 2025, though economic pressures may impact discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Perth&quot;},&quot;anchor_tenants&quot;:&quot;BIG W, Coles, Woolworths, Kmart, Target, ALDI&quot;,&quot;distance&quot;:18.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;220&quot;,&quot;gla_sqm&quot;:&quot;83000&quot;,&quot;anchor_tenants&quot;:&quot;BIG W, Coles, Woolworths, Kmart, Target, ALDI&quot;}}]}" data-map-update-url-value="/malls/galleria-shopping-centre" id="mall-map-wrapper"><div data-city="Perth" data-current-mall="true" data-id="galleria-shopping-centre" data-lat="-31.8971626" data-lng="115.8992309" data-map-target="mall" data-name="Galleria Shopping Centre" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5-10 km radius km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">10-20 km radius km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">369,924 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.8</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">80,274 AUD per year</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.9</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">100 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">12,000 AUD per year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,200 AUD per capita per year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,000 AUD per capita per year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800 AUD per capita per year</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">9,100,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">7,000 AUD per sqm per year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">190 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Low Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">75,352 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">500 AUD per sqm per year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">4.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Adjacent Distance</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">High Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">4,086 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Competition</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">92.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2 Incidents per 1,000 visitors</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">CCTV, guards, patrols Measures</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Multiple annual Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">100 New stores</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">$240 million redevelopment AUD</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>