Morisset: Strategic Centre for Growth and Investment

Located within the South-West Growth Area of Lake Macquarie, Morisset contributes $4.2 billion in output making up 13.3% of Lake Macquarie’s total. Morisset’s prime position along the M1 Pacific Motorway and Northern Rail Line places it within comfortable reach of Greater Newcastle, Central Coast, and Sydney. With 39 daily trains and a 50-minute commute down the M1 connecting Morisset to Western Sydney, a 50-minute drive to Newcastle airport, Morisset offers exceptional access to local, national, and global markets. Connectivity is further enhanced by proximity to the Port of Newcastle resulting in Morisset being an ideal location for business growth.

Key Facts

• One of three strategic regional centres in Lake Macquarie.
• Morisset Station is undergoing upgrades as part of the NSW Government’s Transport Access Program to improve rail service capacity.

Morisset-Cooranbong economic landscape is set for major expansion, with population growth projected to nearly triple from 18,067 in 2021 to 50,000 by 2033. The area supports a strong employment base with a 91.2% employment rate, steadily rising from 89.4% in 2016. Employment is expected to grow significantly, with 3,500 new industrial and 600 commercial jobs anticipated by 2041. Mining is currently the leading industry, generating $1.8 billion or 42.9% of Morisset’s total output and also provides a substantial proportion of the Region’s mining activity. Healthcare and social assistance is the largest employer, with 1,284 jobs and $245 million in output, reflecting the area’s evolving industry profile. Emerging sectors include freight and logistics, retail, hospitality, and tourism. Future-focused industries such as renewable energy and hydrogen infrastructure present new investment pathways aligned with sustainability and innovation.

Morisset offers a diverse mix of competitive commercial and industrial properties, making it an attractive option for start-ups, SMEs, and growing enterprises. The area features a wide range of property types, from warehousing and industrial units to retail and office spaces, suited for various business needs. With property sizes catering to both small operations and larger developments, businesses have the flexibility to scale. Morisset also provides a cost-effective alternative to nearby metropolitan areas, with lower rental prices than Newcastle of Sydney.

Key Facts

• Developments include the Morisset Business Park, attracting logistics and light industrial tenants.
• Industrial zoned land is available near the M1, ideal for freight, warehousing, and agri-business facilities.

Morisset benefits from proximity to Lake Macquarie’s strong education sector, feeding a highly skilled and diverse workforce. The University of Newcastle, a top 200 global university, contributes over 8,000 graduates annually across disciplines such as construction, architecture, business, and law. TAFE NSW supports nearly 10,000 students residing in Lake Macquarie, delivering qualifications from certificates I–IV for both white- and blue-collar roles. More specifically, Morisset benefits directly from the presence of Avondale University, located in the broader Morisset-Cooranbong region. UoN contributes to local economic growth, fosters community engagement, and supports research and innovation that strengthens the region’s development and future potential.

Key Facts

Avondale University is located in Cooranbong

• 4,559 students or 15.2% of University of Newcastle reside in Lake Macquarie
• 9,790 students enrolled in TAFE reside in Lake Macquarie

Morisset is recognised by the NSW Government and Lake Macquarie City Council as a strategic growth centre. Over $100 billion in renewable generation and storage proposals have been registered in the wider Hunter Renewable Energy Zone, placing Morisset in a prime position to benefit. Major developments like Trinity Point luxury marina, which includes accommodation, restaurants, and function spaces in addition to the 5,000-capacity outdoor amphitheatre and 10,000-capacity indoor venue, Cedar Mill entertainment precinct further emphasis why Morisset is considered one of Australia’s fastest growing suburbs. With upgraded infrastructure, growing demand, and government support, Morisset offers unmatched opportunities for businesses seeking sustainable growth and long-term success.