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The picturesque Oberon shire currently has one of the lowest unemployment rates in the Central West region and relative to its size contributes considerably to the regional economy.
- Less than 3 hours drive from Sydney.
- Supportive and proactive Council.
- Access to a skilled and loyal workforce.
- A comparatively high number of residents in Oberon are qualified to Post Graduate level.
- Excellent facilities and services for families.
- Oberon is classified as an Inner Regional Area (RA2) by the Department of Health and Ageing. Medical professionals moving from major city areas to Oberon may be entitled to relocation and retention benefits from the General Practice Rural Incentives Program.
Download the Oberon Regional profile
Population – 5,270 persons live in the Oberon region
Employment – 2,320 persons are employed
Average age – 39.8 years
Education – 49% of the population is Tertiary Qualified
Household Composition – 63% of families are a Couple with dependent children
Weekly Wage – $858
Median House Price – $231,000
Sources: ABS Census (2011) ERP (2013), Cat 8731, DEEWR (2014), NIEIR (2014), Housing NSW (2014)
Gross Regional Product
The Oberon economy represents around 2.3% of the Central West regional economy.
Oberon’s economy is dominated by the State significant timber industry, including the growing and processing of timber, which underpins the large manufacturing sector in Oberon. The manufacturing sector accounts for almost a quarter of the economy.
Key Industry Sectors
The largest sectors in the Oberon economy by total output include:
- Agriculture & Forestry
- Public Administration
- Transport & Warehousing
|Industry Sector||GRP Value||GRP %|
|Agriculture & Forestry||$40.9 million||18.4%|
|Transport & Warehsouing||$10.5 million||4.7%|
Sources: ABS Census (2011) ERP (2013), Cat 8731, DEEWR (2014), NIEIR (2014), Housing NSW (2014), , A.P.SHEERE CONSULTING (2015)
Oberon’s Top 5 Employers
The main industries by employment in Oberon are:
- Public Administration
|Industry Sector||% Employed|
Sources: ABS Census 2011, NIEIR (2014), A.P.SHEERE CONSULTING (2015)
The largest employers in the area include the Timber Complex, comprising of Highland Pine, Woodchem and Borg Manufacturing.
Agriculture has historically been the focus of the economy with strengths in not only timber but prime lamb and beef cattle, horticulture and nut trees. The economy today still maintains a strength in agriculture, which is complemented by a strong manufacturing sector.
Prime lambs and beef cattle are the main rural industries although vegetable production, tree nurseries, nut tree plantations and bulb farms all play their role.
Mushroom harvesting is also a popular pursuit in the local forests with the potential to further develop this as a key tourism activity and for those looking to supply niche Sydney markets with highly sought after truffles.
OBERON’S TIMBER INDUSTRY
Timber processing by CSR and Boral Timber is a significant secondary industry with wood taken from NSW State Forests, radiata pine plantations and private forest growers.
The plentiful supply of softwood in Oberon has underpinned the region’s economic growth for some time. Resources exist to process timber through to the finished product. Support businesses have been established over time to form a rich timber industry supply chain within the Oberon region.
Opportunities exist for firms in the timber supply chain. The timber industry in Oberon consists of a variety of activities including the growing, processing and manufacturing of timber. A local supply chain has been established to provide tools, transport and other services associated with the timber industry. However, there are likely to be still more value-add opportunities for businesses to capture. These generate flow-on benefits for the region, supporting economic and population growth.
NICHE FURNITURE/TIMBER MANUFACTURING
Given current levels of timber industry development, opportunities to focus on niche sectors including furniture and customised residential housing timber could be developed further.
There is potential to develop a large-scale tourist/accommodation/conference centre in Oberon and further develop the region’s tourism sector including product experiences relating to cycling, mushrooming and heritage.
- Alternative energy sectors – specifically wind farms
Gaps in Facilities and Services
- Cinema or theatre
- Indoor heated pool
Incentives and Land Availability
Local investment incentives
Oberon Council has a Business and Community Development Policy which provides assistance to businesses looking to establish or expand in the region depending on eligibility. This may include assistance in preparing applications for State and Federal Government support, meeting the costs of relocation expenses for key personnel, waiving or reducing the Council component of Development Application fees and the provision of land or buildings at a reduced rental under lease.
Land availability and business locations
Oberon Council offers quality, fully serviced industrial zoned land for sale at $29-$32 per metre square (2010 figures). This is in a prime central location and provides an ideal investment opportunity in this vibrant region.
Commercial sites are available within the Oberon CBD presenting a number of opportunities for businesses to address the perceived gaps in the local market.
There are various residential land opportunities in Oberon, many of which are located on ‘lifestyle acreage blocks’. Residential lots are currently available in the centrally located Tasma street subdivision.
Who to Contact
General Manager – Gary Wallace
137-139 Oberon St, Oberon, NSW 2787
Phone 02 6329 8100