Sydney: succesful place

Question 1

Summarise why Sydney is considered a successful place.

Question 2

What is the median age and median weekly income of a household in Sydney?

Answer 2

Median age: 37.
Median weekly household income: $2,225 (£1,100).

Question 3

What parts of the city contribute to its strong sense of identity and how does this influence success?

Answer 3

Iconic landmarks: The Opera House, Harbour Bridge, Tower Eye, Bondi Beach.

Creates opportunities for tourism. Good climate promotes good quality of life (motivation for migration)

Question 4

What percentage of the population are migrants?

Answer 4

38.6%.
(from places such as the UK, India, China, Phillipenes).

Question 5

10.9% of people in Greater Sydney work in what sector?

Answer 5

“Professional, Scientific and Technical services” (quaternary)

Question 6

What factors have contributed to Sydney’s successful financial sector?

Answer 6

-Deregulation f the financial market has attracted over 40 foreign offices to set up head offices.
-Strict migration policy results in highly skilled workers
-Young economically active population

Question 7

What was the average annual output from Sydney’s financial and insurance service industries?

Answer 7

$76billion

Question 8

Why might Sydney not be considered successful?

Answer 8

-High living costs (housing particularly, lack of public transport=congestion)
- Increased risk of wildfires (climate change)
- Socioeconomic division between east and west- Red Rooster line.

Question 9

What is the comparison of house prices between East and West Sydney?

Answer 9

Vaucluse (East)- $6,200,000
Penrith (West)- $600,000