Glossary

Heirisson Island

Filters

Geography

  • AUS – Australia
  • WA – Western Australia
  • Greater Perth – Boundary (Greater Capital City Statistical Area) 
  • City of Perth – Boundary  (Local Government Area)

Business Size

  • Large: +200 employees
  • Medium: 20-199 employees
  • Small: 5-19 employees
  • Micro: 1-4 employees

Industry: Activities that combined factors of production (facilities, supplies, work, knowledge) to produce material goods intended for the market.

Property

Property Development

Building Approvals: Under the Building Code of Australia (BCA) and Building Act 2011, a building approval (also known as a building permit) is required for all building works to ensure that a development complies with applicable national standards for construction. For this purpose, a ‘building’ refers to a built-structure regardless of how such a structure is used. A permit is required to be obtained from the City of Perth’s Building Services Unit for works or alterations proposed to be undertaken either to a building (or part thereof) and may include improvements to land on which a building is located or proposed.

Planning Approvals: Under the State and City of Perth’s planning framework developers may be required to obtain planning approval undertaking a development project or activity. A planning approval (also known as a development application) is a formal request to undertake a proposed development or to change the use of a site from one activity or land use to another. Such an application is determined with consideration for the relevant planning framework i.e. City of Perth or other authority.

Commercial Leasing
Commercial leasing: The lease of any non-residential property used solely for business purposes.


Premium & A-Grade Office: The highest quality office space, often newer and in high-visibility locations attracting the highest rates per square metre (sqm); such buildings have high environmental ratings and modern facilities that attract tenants such as end-of-trip facilities, gyms and cafes. A-Grade buildings typically have larger floor-plates i.e. 800sqm or greater.

B-Grade Office: B-Grade buildings often share similar high-visibility locations to Premium & A-Grade; however, B-Grade buildings typically attract lower average market rates per sqm and usually do not have the same standard of fit-out as Premium & A-Grade, offering lower standards of environmental ratings, facilities and amenity.

C/D-Grade Office: Typically, older buildings consisting of five storeys or less with floor-plates between 500sqm to 800sqm. C/D-grade buildings often have lower environmental ratings, and generally offer less in terms of end-of-trip facilities and amenities.

Net Effective Rent: The actual liability for rent and outgoings after adjustments for any incentives to the face rent are considered.

Commercial Sales

Commercial sales: The sale of any non-residential property used solely for business purposes.

Residential Sales

Residential House Sales: The sale of a building that is used or suitable for use as a dwelling, or is in the process of being constructed or adapted for use as a dwelling. This includes any buildings or structures held in ‘green title’ or ‘survey-strata’ land.

Residential Unit Sales: The sale of a strata-titled building that is used or suitable for use as a dwelling, or is in the process of being constructed or adapted for use as a dwelling. Such dwellings are most commonly referred to as apartments (or units), or grouped or multiple dwellings.

Economy

Overview

GDP, GSP, GRP: A measure of size or net wealth generated by the economy for a geographic location. Changes in this figure over time can represent changes in employment, productivity or the types of industries in the area. GDP (Gross Domestic Product) refers to Australia’s economy, GSP (Gross State Product) refers to Western Australia’s economy, and GRP (Gross Regional Product) refers to City of Perth’s economy.

Economic Growth (%): A change in capacity of an economy to produce goods and services, compared from one period to another.

Industry Contribution
Industry growth (%): A change in capacity of an industry to produce goods and services, compared from one period to another.

Employment

Overview

Labour Force: Total persons employed or unemployed aged 15 years and over.

Participation Rate: Total persons employed or unemployed looking for work aged 15 years and over.

Demographics

Population
Population Forecast: A mathematical equation that calculates the estimated growth rate or change of future populations based on current populations.

Tourism

Avg spend per night: The total expenditure from all trips divided by the total number of nights.

Avg spend per trip: The total expenditure of all visitors divided by the total number of visitor trips.

Destination Perth region: A tourism region defined in consultation with the relevant national and state/territory tourism organisations. The Destination Perth region was constructed from allocations of whole Statistical Area Level 2s (SA2s), which are small spatial units of the Statistical Geography Standard (ASGS). The Destination Perth region includes the following local government authorities: Armadale, Bassendean, Bayswater, Belmont, Beverley, Boddington, Brookton, Cambridge, Canning, Chittering, Claremont, Cockburn, Corrigin, Cottesloe, East Fremantle, Fremantle, Gosnells, Joondalup, Kalamunda, Kwinana, Mandurah, Melville, Mosman Park, Mundaring, Murray, Nedlands, Northam, Peppermint Grove, Perth, Pingelly, Rockingham, Serpentine-Jarrahdale, South Perth, Stirling, Subiaco, Swan, Toodyay, Victoria Park, Vincent, Wandering, Wanneroo and Waroona.

TRA: Tourism Research Australia

Travel origin: International visitors are a visitor from a country or region of residence outside Australia; domestic visitors are a visitor of usual residence within Australia.

Visitors: The number of visitors to the Destination Perth region. Visitors can be broken down into:

  • Domestic visitors – Australian residents who spend at least one night, and at a place at least 50 kilometres, away from their usual place of residence. Domestic visitors can be further broken down into:
    • Intrastate visitors – Western Australian residents who spend at least one night, and at least 50 kilometres, away from their usual place of residence. Note, this data does not include daytrip intrastate visitors.
    • Interstate visitors – Australian residents (excluding Western Australian residents) who spend at least one night away from their usual place of residence.
  • International visitors – Visitors who visit the Destination Perth region from another country and are away from their home country for less than 12 months.
Visitor nights: For international visitors, the number of nights a visitor spent in the Destination Perth region; for domestic visitors, the number of nights a domestic visitor spent away from home in the Destination Perth region.


Visitor expenditure: Money spent on a visitor trip to the Destination Perth region, which contributes towards the revenue of the Destination Perth region. For international visitor expenditure, this includes money spent both in the Destination Perth region and before arrival to the Destination Perth region but only includes money spent on the Destination Perth part of the trip.

Year Ending (YE): The 12-month period prior to the month specified. Please note, there may a delay in reflecting the most recent tourism data updates due to a short lag time in receiving the new data from the data supplier.