Costco Expands in Australia with New Store in $33 Million Shopping Center Development
Costco is expanding its presence in Australia with a new store located at the Alkimos Central Home X Trade Hub in Perth’s northern suburbs. This development is part of a $33 million retail precinct.
Costco’s New Store in Western Australia
The store will be part of a larger retail complex appealing to various consumers and will feature a range of bulky goods retail outlets. The development covers 24 hectares, with the first stage expected to launch in 2027.
Previous Store Openings
- Costco’s first Western Australia location opened at Perth Airport in 2020.
- The second store was established at Casuarina, located in the south of Perth, in 2022.
Government and Community Impact
WA Planning and Lands Minister John Carey emphasized the anticipated impact of Costco on the local economy. He noted that the City of Wanneroo’s population could almost double by 2036, necessitating better amenities to support this growth. The Home X Trade Hub is expected to generate local jobs and boost services.
Costco’s expansion in Australia highlights the retailer’s commitment to catering to a growing customer base while also contributing positively to the economy and community development.
