Railpage

 

Transport for NSW Opal data reveals Newcastle light rail patronage in opening weeks

About this thread
 
    •   Search thread   Image gallery

    News article: Transport for NSW Opal data reveals Newcastle light rail patronage in opening weeks

    NEWCASTLE light rail has proven more than just a hit on its opening day with an average of 4259 trips taken on each day of operation in February, according to Transport for NSW data.

      x31 Chief Commissioner

    Location: gallifrey
    What an unbelievable statement from the government.

    Doing a few calculations and assuming the project cost $1.2b which has been reported on this site and confirmed in media reports, that $1.2b would be amortised over the 25 years of the network.

    That is an annualised repayment of capital of $48m per annum based on 25 years and assumes no borrowing costs nor opportunity cost.

    We need to get back at least $8m per annum in benefits to just break even.  Now looking at operating cost I have assumed 5% of capital over the life of the project (25 years) which is $60m or $2.4m per annum to operate the network.

    Based on 657,000 trips per annum at a price of $2.20 per adult (discounting for children would make the numbers even worse) we are looking at revenue of $1,445,400 per annum.

    Yes, you guessed it, this is roughly a PER TRIP subsidy of $75!!!!!!!  Yes $75.00 per trip.

    Looking at it another way, if the length of the service is 2400 metres that is a subsidy of  $3.20 PER METRE.

    These guys have rocks in their head if they are calling this a worthwhile project.

    Transport for NSW Opal data reveals Newcastle light rail patronage in opening weeks
    Posted: 12 Mar 2019 15:56

    Last edited by x31 on 13 Mar 2019 13:39; edited 2 times in total

    Sponsored advertisement

      x31 Chief Commissioner

    Location: gallifrey
    How the business case could have ever been prepared on less patronage is astounding.
    Posted: 12 Mar 2019 15:58
      mikesyd Chief Commissioner

    Location: Lurking
    You failed Mathematics miserably it seems.

    You need much more editing than the one you have had so far.
    Posted: 12 Mar 2019 16:23
      RTT_Rules Oliver Bullied, CME

    Location: Dubai UAE
    4259/day

    Divided by 16h a day of operation and a trip every 10min is around 44 people per trip.

    Looking back to the 2014 Sydney Trains Corundum data, the combined patronage of both Newcastle and Civic Stations was about 2000 per day (1150 + 890 respectively), which was probably the numbers used for the business case. I'm guessing this would have to be one of the lowest numbers ever used to build a Greenfield tram line in the world.

    Anyway, lets hope for the sake of the project and future tram projects the numbers not only stay at +4000/day, but continue to grow.
    Posted: 12 Mar 2019 16:59
      kitchgp Chief Commissioner

    On weekdays there are 96 trips timetabled each way, giving a total of 192. That averages out to about 22 passengers per trip. Tram capacity is about 210 passengers.

    The cost of the project is hard to determine but some estimates appear to be as low as $500 - $600 million; half for dismantling the railway and half for the light rail.



    ……………………………………………………………..

    Based on 657,000 trips per annum at a price of $2.20 per adult (discounting for children would make the numbers even worse) we are looking at revenue of $1,445,400 per annum.

    ..............................................................................
    x31
    The cost for full-fare passengers interchanging to or from a train, bus or ferry is 20c. These will be the bulk of the passengers by far.


    There’s a thread ‘Newcastle Light Rail Opening’ (amongst others) in Trams and Light Rail:
    https://www.railpage.com.au/f-t11399286-0-asc-s0.htm
    Posted: 12 Mar 2019 18:06

    Last edited by kitchgp on 12 Mar 2019 18:15; edited 1 time in total
      arctic Deputy Commissioner

    Location: Zurich
    The Auditor General puts the cost of construction of Newcastle light rail at $368M as of March 2017. Where is 1.2bn coming from?

    https://www.audit.nsw.gov.au/our-work/reports/newcastle-urban-transformation-and-transport-program
    Posted: 13 Mar 2019 01:49
      kitchgp Chief Commissioner

    plus $226M for the closure of the railway.
    Posted: 13 Mar 2019 11:02
      x31 Chief Commissioner

    Location: gallifrey
    The Auditor General puts the cost of construction of Newcastle light rail at $368M as of March 2017. Where is 1.2bn coming from?

    https://www.audit.nsw.gov.au/our-work/reports/newcastle-urban-transformation-and-transport-program
    arctic

    I do need to apologise for the $1.2b amount which is took from https://www.railpage.com.au/news/s/new-1-2bn-blowout-for-nsw-lightrail-project realising now that would be the Sydney Light Rail project.

    Let's call the light rail project in Newcastle a $600m investment.
    Posted: 13 Mar 2019 11:07
      mikesyd Chief Commissioner

    Location: Lurking
    There is more than that mathematical blunder in your original post x31, read it again...carefully.
    Posted: 13 Mar 2019 11:53
      x31 Chief Commissioner

    Location: gallifrey
    With the change to capital amount without repayment or capital cost burden the amount of subsidy per trip now becomes $37.98 still based on operating costs of 10% of capital over the period.
    Posted: 13 Mar 2019 13:43
      kitchgp Chief Commissioner

    Addendum: The current headway headway between 7am & 7pm weekdays is 10 mins. The Newcastle Light Rail website lists one of the benefits as ‘Frequent and reliable services during peak times’ with a 7.5 in the adjacent icon. A 7.5 min headway would add an extra 24 services each way, reducing the passenger average per trip to 17.

    Ostensibly the 7.5 min headway, which requires 4 LRVs, couldn’t be introduced because, of the fleet of six, one LRV had a damaged pantograph and another a cracked windscreen, meaning there would be no reserves. It would appear the good folks of Newcastle are being softened up for after the election.

    Anyway, it is what it is; whatever that is. Significant savings in the project cost could have been made by dispensing with the ‘Please do not talk to the Driver’ signs.
    Posted: 13 Mar 2019 19:15
      Lockspike Chief Commissioner

    The cost of the project (whatever it may be) is irrelevant. The railway HAD to close no matter what.
    The land was needed as a gift to the developers, end of story
    Posted: 13 Mar 2019 20:51
      a6et Minister for Railways

    The cost of the project (whatever it may be) is irrelevant. The railway HAD to close no matter what.
    The land was needed as a gift to the developers, end of story
    Lockspike
    Too true.

    How long before the old Newcastle station will be pulled down for developers as well?  The area is a ghost town precinct, unless things have changed over the last month or so, the restaurant area has closed, the filling up of the old tracks with concrete had done nothing to entice people to go there.

    The only residents that will be there is mice, rats and cockroaches in abundance and they wont be disturbed until the wrecking balls come in.
    Posted: 14 Mar 2019 09:56
      RTT_Rules Oliver Bullied, CME

    Location: Dubai UAE
    plus $226M for the closure of the railway.
    kitchgp
    $226M to close 3km of track? It would have cost less to build it greenfield including the stations and O/H.
    Posted: 14 Mar 2019 14:32
      kitchgp Chief Commissioner

    Newcastle Interchange (nee Wickham), perhaps the bus interchange, etc
    Posted: 14 Mar 2019 17:42

    Last edited by kitchgp on 14 Mar 2019 18:24; edited 1 time in total
      a6et Minister for Railways

    Newcastle Interchange (nee Wickham), perhaps bus interchange, etc
    kitchgp
    For those not going onto the trams, and wanting to catch buses to other areas, its now over 1/2kilometre walk if going to locations along & near the Industrial drive.  The so called interchange is now only for train to tram or visa versa. Another step backwards.
    Posted: 14 Mar 2019 18:17
      kitchgp Chief Commissioner

    Supposedly there will be a bus interchange on the site of The Store in Hunter Street. Hard to find any information on how it is progressing. Some of the light rail increased patronage mentioned above will be from the truncated bus routes.

    https://revitalisingnewcastle.nsw.gov.au/what-we-are-doing/newcastle-bus-interchange/
    Posted: 14 Mar 2019 18:31
      a6et Minister for Railways

    Supposedly there will be a bus interchange on the site of The Store in Hunter Street. Hard to find any information on how it is progressing. Some of the light rail increased patronage mentioned above will be from the truncated bus routes.

    https://revitalisingnewcastle.nsw.gov.au/what-we-are-doing/newcastle-bus-interchange/
    kitchgp
    I wondered what was going on there, thing is that as the buses go out, they will still have the old bogie issue of the trams and streets with level crossings to get through.  That will still be an issue and was one of the big reasons said in the public arena regarding delays when the trains ran into Ncle.
    Posted: 14 Mar 2019 18:45
      kitchgp Chief Commissioner

    Given it involves a private developer who will probably want to pre-sell 80% of the office and residential space before commencing construction, it is unlikely the interchange will be completed in the next 3 years. There are no schematics or completion date on the website, just the developer's artist impression of the interchange without buses in it and a group of people who appear to have no idea what is going on.
    Posted: 14 Mar 2019 20:38

    Sponsored advertisement

    •   Search thread   Image gallery

    Subscribers: a6et, RTT_Rules

    Display from:   

    Quick Reply

    We've disabled Quick Reply for this thread as it was last updated more than six months ago.

      Reply