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Latrobe's Medium+ Businesses: A Comprehensive Ranking of Suburbs by Aggregated Turnover
The number of businesses with an annual aggregated turnover of between $2 million and $5 million. Aggregated turnover is the sum of the annual business income and the income of any connected or affiliated business.The data on Medium+ businesses ($2-5m turnover) in different suburbs can be useful for property investors and those looking to move to a new area. This information can give insights into the economic health of a suburb, as well as the potential for job growth and business opportunities. For example, a suburb with a high number of Medium+ businesses may indicate a thriving local economy and a strong demand for housing. Additionally, this data can also provide insights into the livability of a suburb, as areas with a diverse range of businesses may offer a wider range of amenities and services for residents. Overall, this data can be a valuable resource for those looking to make informed decisions about where to invest or relocate. Data from 2020
| Area | Value |
|---|---|
| 1. Baw Baw | 209 |
| 2. Latrobe (Vic.) | 194 |
| 3. Wellington | 154 |
| 4. East Gippsland | 136 |
| 5. South Gippsland | 131 |
| 6. Mansfield | 29 |
| 7. Unincorporated Vic | 4 |
