Western Sydney business district soaring with potential to go to level of Sydney and Melbourne CBDs

Western Sydney is well and truly "booming", according to the Future City Minds report commissioned by a recruitment agency.

“Smart, forward-thinking businesses can capitalise on Western Sydney’s growth by targeting the 65% of Western Sydney professionals who would prefer to work outside the CBD rather than within it,” says Adrian Oldham NSW managing director of the Michael Page agency (pictured above). 

The report states that 64% of Australian professionals believe that in the next five years the area has the potential to progress economically to the level of the CBD areas of Sydney or Melbourne.

The report provides statistics on the region’s growth and advice from local experts on how businesses can make the most of the thriving business district.

It notes things like 64% of Australian professionals would personally like to be part of the area’s progression and 91% of Australian professionals in the region would like to change their jobs to work closer to home, given the right opportunity.

The area is already Australia’s third largest economic region, home to 47% of Sydney’s population and it is projected to have a 1.9% population growth each year for the next 20 years.

Michael Page anticipates Western Sydney will provide 200,000 new jobs by 2020 and anticipates growth in sectors across property, infrastructure and construction, manufacturing, sales and service-related industries.