Economic overview

NSW and Australian Government infrastructure spending will see over $1 billion invested into Eurobodalla. Private developments are further supporting a strong tourism economy, housing demand is high and job opportunities are expanding.

In 2021-2022, there was a $40 million increase in gross regional product and an additional 565 jobs created.

• View our full economic profile.

Fast facts

As of 30 June 2023:

• Population (2022): 40,732
• Population forecast (2023): 41,433
• Land area: 3,427 km²
• Gross regional product (2021): $1.86 billion
• Number of businesses (2023): 3,433
• Key industries (value added):
  • health care and social assistance
  • construction
  • retail trade
• Employment (FTE): 12,446
• Key industries:
  • construction
  • health care and social assistance
  • retail trade.

NIEIRD-ID data is adjusted each year, using updated employment estimates. Each release may change the previous year's figures.

Spending by non-residents and non-resident businesses accounts for 41.4% of the total spend in Eurobodalla with an average transaction value of $84.

Ongoing building as part of the bushfire reconstruction effort and desirability of the coastal location saw $152M in residential building approvals granted in 2020-21. This trend continues with the realisation of new land releases with $147M in approvals granted in 2021-22.

Business Confidence Research 2021

Our first business confidence questionnaire was conducted in June-July 2021 to help Council understand local business sentiments.

The online questionnaire was undertaken anonymously by businesses with independent analysis to create the report. This statistically sound format will help Council in economic development decisions.

Key findings:

• 46% of businesses predict annual revenue to increase over the next 12 months – only 22% predict a decrease
• 30% of businesses predict the number of employees to increase – only 11% predict a decrease
• 19% of businesses are considering selling or closing in the next 12 months
• 52% of businesses have a business resilience/continuity plan.

In addition to the quantitative findings, there were several free text questions that have been aggregated into themes to provide some meaning. To build trust in the process, comments from businesses have not been altered, although a context is required.

• Eurobodalla Business Confidence Report (1.9 MB)

More information