Costco Australia has just announced future store locations as the popular wholesale discount retailer expands its nationwide footprint.

Currently the US giant operates eight stories across Australia, and plan to open three new buildings in 2016.  Current Costco locations include:

  • NSW – Crossroads, Auburn
  • QLD – North Lakes
  • SA – Kilburn
  • VIC – Moorabbin, Ringwood, Docklands
  • ACT – Canberra

Of the three planned to be opened this year, locations announced include Marsden Park in Sydney, Brisbane, QLD and the third in the Victorian suburb of Epping.

Costco Australia’s CEO Patrick Noone. Picture: Luis Ascui, Source:News Corp Australia
Costco Australia’s CEO Patrick Noone. Picture: Luis Ascui, Source:News Corp Australia

Costco Australia’s Managing Director Patrick Noone told A Current Affair that after opening in these locations, they aim to focus on“second-tier cities” such as Newcastle, Wollongong and Darwin.

After turning over $1.3 billion in sales, Mr Noone said the success of the business can be attributed to Costco’s “efficient business model”.

“We have an extremely efficient business model. If you look at everything it’s on a pallet, we have an open framed ceiling, we have concrete floors, we have very low costs and overheads and we continue to drive prices down rather than drive prices up,” he said.

Future Costco stores are aiming to have a petrol station onsite, offering a cheaper fuel alternative to consumers, often at between 10 – 20c per litre less than mainstream service stations.

“Every Costco in the future will likely have a petrol station on site. The growth has been spectacular,” Mr Noone said.

The retailer has become an instant hit with shoppers, who pay an annual membership fee of $55 – $60 per year.  It doesn’t take long to recoup the fee with high quality merchandise and bulk purchase pricing.

Selling everything from petrol to fresh meat, fruit & veg, bakery, hardware, furniture, liquor, toys, electronics and more.

Here’s our rundown on the best ways to get bang for buck with your Costco membership!

Costco-Tyres
Costco sells a full range of tyres and petrol, at very competitive prices.
Author

Belinda's a passionate advocate for community and connection. As the founder of the Mum Central Network she’s committed to celebrating the journey that is Australian parenthood. Mum to two cheeky boys, and wife to her superstar husband, they live a busy but crazy lifestyle in Adelaide. Great conversation, close friends and good chocolate are her chosen weapons for daily survival. Oh, and bubbles. Champagne is key.

2 Comments

  1. Clarrisani Reply

    Nothing for those of us who live in the Western half of Vic again.

  2. Only 1 in SA, in the northern suburbs nothing anywhere else at all. They would do a huge trade down south. Not all prices are lower there than other places. Even some food prices are more expensive. Certainly not clothes dryers….not when we looked. You need to know normal prices at other places.

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