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City of SydneyCommunity profile

Potts Point

Industry sector of employment

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More Potts Point residents worked in professional, scientific and technical services than any other industry in 2021.

Potts Point's industry statistics identify the industry sectors in which the residents work (which may be within the residing area or elsewhere). This will be influenced by the skill base and socio-economic status of the residents as well as the industries and employment opportunities present in the region.

When viewed in conjunction with Residents Place of Work data and Method of Travel to Work, industry sector statistics provide insights into the relationship between the economic and residential role of the area.

Q:

Derived from the two Census questions:

'What best describes the business of your employer?' and 'What are the main goods produced or main services provided by your employers business?'

Industry sector of employment
Potts Point - Employed persons (Usual residence)20212016Change
Industry sectorNumber%Paddington %Number%Paddington %2016 to 2021
Agriculture, Forestry and Fishing0--0.660.2---6
Mining40.1--0----+4
Manufacturing471.71.8481.52.2-2
Electricity, Gas, Water and Waste Services90.30.960.2--+3
Construction803.04.1772.43.3+2
Wholesale trade421.62.2551.72.6-14
Retail Trade1425.36.51845.67.0-42
Accommodation and Food Services1365.05.12146.56.4-78
Transport, Postal and Warehousing521.92.1702.12.2-18
Information Media and Telecommunications1194.45.61645.05.5-45
Financial and Insurance Services29110.811.93029.29.6-12
Rental, Hiring and Real Estate Services803.02.2802.43.30
Professional, Scientific and Technical Services60022.223.454516.622.3+54
Administrative and Support Services903.33.61063.24.2-17
Public Administration and Safety36313.44.877823.76.3-416
Education and Training1626.07.31725.36.1-11
Health Care and Social Assistance2318.69.91875.79.5+43
Arts and Recreation Services873.22.9822.53.9+4
Other Services652.42.0842.62.2-19
Inadequately described or not stated1013.73.31173.63.5-16
Total employed persons aged 15+2,701100.0100.03,284100.0100.0-584
Source: Australian Bureau of Statistics, Census of Population and Housing 2016 and 2021. Compiled and presented by .id (informed decisions).
Please refer to specific data notes for more information

Dominant groups

An analysis of the jobs held by the resident population in Potts Point in 2021 shows the three most popular industry sectors were:

  • Professional, Scientific and Technical Services (600 people or 22.2%)
  • Public Administration and Safety (363 people or 13.4%)
  • Financial and Insurance Services (291 people or 10.8%)

In combination, these three industries employed 1,254 people in total or 46.4% of the total employed resident population.

In comparison, Paddington employed 23.4% in Professional, Scientific and Technical Services; 4.8% in Public Administration and Safety; and 11.9% in Financial and Insurance Services.

The major differences between the jobs held by the population of Potts Point and Paddington were:

  • A larger percentage of persons employed in public administration and safety (13.4% compared to 4.8%)
  • A smaller percentage of persons employed in health care and social assistance (8.6% compared to 9.9%)
  • A smaller percentage of persons employed in education and training (6.0% compared to 7.3%)
  • A smaller percentage of persons employed in retail trade (5.3% compared to 6.5%)

Emerging groups

The number of employed people in Potts Point decreased by 583 between 2016 and 2021.

The largest changes in the jobs held by the resident population between 2016 and 2021 in Potts Point were for those employed in:

  • Public Administration and Safety (-416 persons)
  • Accommodation and Food Services (-78 persons)
  • Professional, Scientific and Technical Services (+54 persons)

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