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Stockland Merrylands is a sub-regional shopping centre located in Merrylands, approximately 24 km west of the Sydney CBD, serving as a community hub since 1972. The property features 59,511 sqm of gross leasable area (GLA) with 2,836 parking spaces, anchored by major retailers including Kmart, Coles, Woolworths, ALDI, Target, and Big W. The tenant mix comprises six majors, eight mini-majors such as JB Hi-Fi and Rebel Sport, and over 180 specialty stores focused on food, fashion, and services, with a rooftop childcare facility.
It benefits from adjacency to Merrylands railway station, enhancing public transport accessibility via Sydney Trains. The trade area population stands at 187,316 (2021 Census), projected to reach 201,016 by 2026 with 1.4% annual growth, characterized by a diverse demographic where 51.1% are overseas-born, primarily from Asia (25.3%), and 50.7% of families are couples with dependent children. Average household income is $102,438, below the non-metro NSW average, supporting value-oriented retail.
Performance metrics include moving annual total (MAT) traffic of 11.45 million visitors and MAT sales of $484.33 million, with specialty sales per sqm at $10,184. In the context of Western Sydney's retail market, which saw a 217% surge in transactions in FY24/25 amid population growth of 32% projected by 2041, the centre holds a stable neighborhood position.
Leasing advantages include resilient essentials-based tenancy (over 70% of sales), potential for re-leasing spreads of 3.3%, and specialty occupancy costs around 15.2% aligned with industry norms. However, challenges encompass softening discretionary sales due to cost-of-living pressures and competition from larger regional malls like Westfield Parramatta. Infrastructure in the area is aging in parts, with ongoing urban renewal in Merrylands potentially impacting access during developments.
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Hours of Operation
Hours
| Monday | 09:00 AM — 05:30 PM |
| Tuesday | 09:00 AM — 05:30 PM |
| Wednesday | 09:00 AM — 05:30 PM |
| Thursday | 09:00 AM — 09:00 PM |
| Friday | 09:00 AM — 05:30 PM |
| Saturday | 09:00 AM — 05:00 PM |
| Sunday | 10:00 AM — 04:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Catchment Profile
The primary trade area encompasses 138,165 residents (2026 forecast) within a 5 km radius, with a total trade area of 201,016 by 2026. Average age is 35.3 years, with 21.5% aged 0-14 and 16.6% aged 20-29, reflecting a family-oriented community. Household size averages 3.0, and 52.8% own or are purchasing homes, while 45.7% rent. Diversity is high, with 53.6% overseas-born, supporting multicultural retail demand. Average household income of $102,438 indicates sensitivity to pricing, favoring discount and essential categories over luxury. This profile drives consistent footfall for everyday needs but limits high-end tenant viability.
Performance Metrics and Occupancy
MAT traffic reached 11.45 million visitors, with average spend per customer at $39.30, contributing to MAT sales of $484.33 million. Specialty sales per sqm stand at $10,184, reflecting solid turnover in a 59,511 sqm GLA. Occupancy is estimated above 95% based on portfolio averages for similar assets, with specialty occupancy costs at 15.2%, within sustainable levels. Comparable sales growth was 3.2% in FY24, supported by essentials categories amid post-COVID recovery. Risks include 1.1% specialty sales growth lagging broader retail at 3.3% y-o-y in Q2 2025, influenced by economic pressures in Western Sydney.
Competition and Market Factors
Western Sydney's retail sector experiences saturation in neighborhood centres, with competition from nearby facilities like Stockland Green Hills and larger anchors such as Westfield Parramatta (over 200,000 sqm GLA). Market reports indicate a shift of CBD retailers westward due to 32% population growth by 2041, increasing demand but also rivalry for tenants. Rent levels in sub-regional centres average $200-684 per sqm annually, with cap rates at 5.75-7.00%. Challenges include aging infrastructure in Merrylands, potential access disruptions from urban renewal, and online competition eroding discretionary sales, which grew slower at 1-2% versus essentials at 4-5%. Overall, the market favors resilient, community-focused leasing over speculative opportunities.
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Sydney, NSW
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Sydney, NSW
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