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Hume's Small Business Landscape: A Comprehensive Ranking of Suburbs by Annual Aggregated Turnover
The number of businesses with an annual aggregated turnover of between $50,000 and $200,000. Aggregated turnover is the sum of the annual business income and the income of any connected or affiliated business.
The data on small businesses with an annual turnover of $50,000 to $200,000 can be useful for property investors and those looking to move to a new suburb. For property investors, this data can provide insights into the economic activity of a suburb, which can impact the demand for rental properties and the potential for capital growth. For those looking to move, this data can provide insights into the availability of local businesses and services, which can impact the quality of life in a suburb. For example, a suburb with a high number of small businesses may offer more diverse shopping and dining options, while a suburb with a low number of small businesses may have limited local services.
Data from 2020