This really sucks, because if the park does close, that means Sydney won't have any other permanent amusement park. It's ridiculous how Gold Coast has like 3 or 4 theme parks but Sydney only has one, which unfortunately has the possibility to close again. They should just build a new amusement park and hopefully Luna Park finds a new leaseholder, so Sydney has a variety of choices.
All business enterprises are governed by the immutable laws of economics. This also explains why iPhones and cars are not made in Australia. It is not realistic for all Australian capital cities not have amusement parks as the local population is too small to sustain these businesses. There will never be an Australian Disneyland for these reasons. Is Luna Park truly economically viable? Probably not.
I think part of the issue is Luna Park is a run down shithole. As someone who lives in Brisbane and has grown up going to the big 4 theme parks at the Coast. I grew up hearing about Luna Park and how special it was and then finally got to go in 2018 and it was just sooo shit. The rides are ancient, they're run down as hell, they've had no new attractions built. Barely any food options (that's a negligible complaint given its location but leaving the park to get lunch is silly) the best ride they have is an unthemed outdoor wild mouse which Movie World has with its themed Scooby Doo ride. Given that, my favourite part was the lil funhouse area they had. But it's more of a permanent dodgy carnival than a theme park. Don't get me wrong, if I grew up in Sydney and it was all I had I would've loved it growing up. Especially given ticket prices are much cheaper. But Because of its location they can't really expand the park either. The big 4 parks in QLD get a new ride/area every few years and in the case of Seaworld they have an attached resort. There's just a lot more investment gone into those parks that makes people want to visit that makes them make more money and invest back into the parks. Obviously they haven't always been profitable, Dreamworlds had a bit of a rough patch lately but they're all good in the long term and to me it's because they actually reinvest back into their parks and make them a place that is worth going to. I will still make yearly trips to the big 4 (partially cause I live here and it's easy) but even if I go to Sydney (which I do fairly often) I would still think twice about actually going to Luna Park. I think you can just buy single attraction tickets, might be worth going and just getting a funhouse attraction ticket Edit: I was writing this while watching and just got to the point where it said it was closed in 2021 and they built 9 new rides. I didn't think they would ever actually close the park to add new rides but hey covid happened so the timing worked out. I am genuinely excited to go check out all those new rides and legitimately really hope Luna Park doesn't close down as I wanna see the new and improved Luna Park because I never thought it would happen :( gotta stop writing comments before finishing videos. Shit just invalidated my whole essay of a comment
It's Surfer's Paradise, not Brisbane. Surfer's Paradise has always been a huge destination for families and children. It's a great escape, even during the colder months. Sydney has never had that same appeal. And Brisbane has never had anything like Luna Park, built right in the middle of it.
The Dream Circus is the dumbest decision ever made. What the park needs is a dark ride and a log flume. They would have been better off spending the money on those 2 things. The dark ride at Alton Towers for example is world class.
@@DF_Dante That was no accident. It was arson because a man named Abe Saffron aka Mr. Sin was suspected to have had the fire set up so he can take control of Luna Park.
this makes me glad i got the chance to work here during during the 2022/23 christmas/new years time, worked inside coney islands, was so much fun, but not worth the money the long hours we had to work...
Another top quality video. Uncertainty is the enemy here. Even if the park is protected in law at the moment, politics being politics things can change. With Sydney real estate being stupidly expensive and this being such a prime location, it's not too unrealistic to see a future government selling the site to pay for housing or leisure facilities elsewhere. I'm only a POM, but at those prices it's not really a facility for the poorer people in the Western Suburbs. Worrying times.
All business enterprises are governed by the immutable laws of economics. This also explains why iPhones and cars are not made in Australia. It is not realistic for all Australian capital cities not have amusement parks as the population is just not true to sustain these businesses. There will never be an Australian Disneyland for these reasons.
I went there in November 2022 a couple of hours before closing time and it kinda felt like it was closing. Probably because it was because we were closing in on the operating hours lol
@@lamzeem This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn, the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism. Yes, as the law currently stands it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed.
@@user-kc1tf7zm3b yeah probs. Idk if you live in Australia but if you do you definetly know about the laws and stuff but it’s very hard to unlist something
As a south Australian I feel its important for Luna Park sydney to continue due to its involvement in my home state's history as well. Nimbys were a big reason why why it left glenelg and it's important that doesn't happen again.
I go for a walk every evening which takes me along the boardwalk past Luna Park. It seems to be closed far more often than one would expect. Even when it's open the attendance is very thin. There are the obvious exceptions, of course, when there are special events. But the general sense is one of emptiness. I've wondered for a very long time how it can possibly be turning a profit.
Luna Park is not truly profitable. The NSW Government just cannot afford to allow the amusement park to close down due to heritage reasons, sentimentality and the aesthetic appeal of having the historic amusement park by Sydney Harbour. Luna Park is really just a tourist attraction to bring visitors to the harbour than rather a viable business in and of itself, as the signature Luna Park face and Ferris Wheel are major draws for both domestic and foreign visitors alike.
Thats pretty much all of Sydney if you actually look around and not blinded by the lights, there lots of empty building's everything is closed passed a certain time and the city turns off. If it wasn't for the amount of people it would be like living in any other country Australian town really
@@jamesfrench7299 Well of course. It's the Central Coast. It's suburbia. The same can be said for most Sydney suburbs. But Luna Park is a supposedly iconic, harbourside destination, drawing tourists and locals alike. So when on Friday and Saturday nights, week after week, it's not even open, or if open it's very underpatronised, it's clearly not in a healthy financial state.
We in Adelaide have to theme parks at all. So we totally rely on the annual Royal Adelaide Show. It was sad to see Wonderland close down in 2004. If Luna Park closes down, then Sydney people will have to rely on the Sydney Easter Show. And another thing. Since the early 1970’s over 97 percent of all theme parks have been lost forever.
I'm glad that I went earlier this year - the first time in 17 years - I had a full experience at Luna Park - lines (if any) weren't too long and it was open until 6pm. That being said, I was able to go on almost all the rides there in one day, didn't really feel like I missed out on anything, and thought that I probably wouldn't need to go there again for at least another 5 years.
I prefer the face of the Melbourne one even though I've never been there. It's more intimidating and evil looking. I remember the first time I went to Luna Park Sydney with my parents I was very young, and I was scared that I'd be eaten when we went under the entrance.
Is it possible the government/ council themselves could take on the running of the park if a buyer is not found? In Blackpool, a few of the attractions are owned by the council, and they simply have other operators running it for them. The government could also in theory right off any deight(yes I know I’m not sure how to spell it correctly😳)in order to help encourage any potential buyer.
It sat idle for years after Wonderland in Prospect opened in 85. Then it finally reopened as a more sterile version of it's former self in the 1990s some time attracting complaints from local toffs in nearby apartments so they had to stop using it's main attraction, the big dipper. Special interest groups spoil Sydney.
I think you’ll be ok for next year! The current operators are still running the place and even if it doesn’t sell, I think they should still be holding out by then even if my worst fears for the place are correct. Maybe there will even be a new owner by then!
@@MaloneysCoasters If Luna Park is not commercially viable, and there is no new buyer willing to accept stewardship of Luna Park, then the park may very well close in calendar year 2025 in order for the current operator to promptly stem their losses. If the park is not viable then no rational businessman would want to purchase the business and operate the park as a going concern for 2026 and beyond. Luna Park tragics have to realise that they do not have an inherent right to enjoy the park, no more than they had an imaginary right to enjoy Wonderland Sydney back in the 2000s. The immutable laws of economics will always prevail.
I loved Luna Park as a kid. Now, not so much. The first time I went was for my 10th birthday in 1982, not long after reopening. It cost a massive $2.50 for kids. That was it. And it was so much better than it is now. There was tonnes more rides, like the Big Dipper, the Pirate Ship, and the Zipper. Plus the old faves, Coney Island, the Wild Mouse and The Rotor ( my fave!) Now, it's a complete waste of money. There's not even half the rides, only the slides in Coney Island are in operation , and it's in dire need of a coat of paint! I hope whoever buys the lease can bring it back to even a fraction of its former glory - that'd still be a MASSIVE improvement compared to the shit-show it has become.
How about operating it as a co op or public company where you can buy shares in it. I would! And I'm not taking about time-share schemes . It would be sad to see it close down as generations have visited. Maybe they owners are not marketing it to its full potential. Maybe it should hould more events like the celebrity meet and greets or concerts . Maybe Luna Park needs to be partially if not fully enclosed to sound proof it as well as protect from weather to increase the hours it can operate year round without noise complaints from neighbours. I'm sure there are solutions to saving it and keeping it operating. I remember the SOCOG ( Olympics staff party was held there after the Sydney 2000 Olympics. I was working there - ah the memories!).
All business enterprises are governed by the immutable laws of economics. This also explains why iPhones and cars are not made in Australia. It is not realistic for all Australian capital cities not have amusement parks as the population is just not true to sustain these businesses. There will never be an Australian Disneyland for these reasons. Is Luna Park truly economically viable? Probably not.
@@user-kc1tf7zm3b So Melbourne won't ever get the Dusneyland deal? What about their Luna Park, it that a dying amusement park as well? How do you think amusement centres like Monopoly Dreams is doing doing in Melbourne? Look at what happened to The Star ( The giant ferris wheel that is not the Casino different story), wasn't that shut down but the structure is still there disused or is ?
@@dulcinealee3933 For a second time: there will *never* be a Disneyland in Australia. Ever. With a population of only 27 million, it would never be economically feasible for any Australian city to host a Disneyland. The worldwide locations which house a Disneyland service a massive local and neighbouring foreign countries population base. Australia is not Japan. As for Melbourne Luna Park, no one in Sydney bloody cares, it is not our concern.
@@dustystripe6949 This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism. Yes, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed. If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.
It could absolutely close. If there are no vendors capable of making it turn a profit, it will stay unprofitable and the closure is inevitable. Demolition, though, would be a whole other kettle of fish.
I will personally fist fight whoever tries to ahut down lunar park In all seriousness i was there for hallowscream last year and i thought the dj set in coney island was awesome and i thought to myself it would be cool of they did this all the time like a weekly or monthly think where local up and coming artist can play. It would be am awesome place for a rave
There was a free b-grade Hollywood action flick on RUclips last month which shot it's closing scene in the Coney Island at the back of Sydney Luna Park.
You did not watch the video at all, you are talking nonsense. Luna Park is protected under NSW state legislation where the site cannot be redeveloped for residential or accomodation purposes. This is discussed from 0:54 and in detail at 3:53.
This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn, the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism. Yes, as it stands, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed. If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.
@@strikerbowls791 Again, _nothing_ is forever with business, especially with a small and obsolete amusement park which is commercially dubious. The current operator may exit the business and no other operator may be willing to resume the lease. Yes, the attractions could be maintained in a mothballed state, but the NSW Government would have to pay for regular preventative maintenance and to secure the site 24 hours a day. This is all bloody expensive and perhaps not politically viable. If the attractions cannot be maintained then these structures have to be demolished to ensure safety.
I’m a fire safety professional, I am shocked each time I visit Luna Park. I expect that North Sydney Council will issue a Fire Order Upgrade on the site once North Sydney Council completes the sale. Once the fox is no longer guarding chooks, Luna Park can finally stop playing with fire, pun unintended
You know Luna Park in Sydney isn't the only one there's also one in Melbourne in St Kilda I wonder what once the original Luna Park the one in Melbourne or the one in Sydney
hi all just want to know what's going on with the security harassed an bullied kicking people out for fishing on the wharf. I'll been fishing at Luna Park since I was a kid,. is this a part of public or private land
This video is an excellent insight into decades of mismanagement, stupidity, and neglect. Given the fact that the people of NSW are the owners of Luna Park, it is way beyond time that transparency into the process were made public. It is my firm assertion that it is the responsibility of the trust To make all documentation freely available and to provide a plain English summary of exactly what has happened and what they expect. We own it and we have a right to know. Unfortunately, these government trusts (like the Sydney Opera House trust) excel at one thing. Keeping the people that actually employ them… At huge salaries… Completely in the dark.
Actually it’s not gonna close it’s a legally in the New South Wales the law has to stay an amusement park venue because of wild me after the Heritage ride and it can’t be removed
You are not paying attention. Luna Park was most certainly closed from 1988, through most of the 1990s and into 2004, the better part 2 decades. Is Luna Park truly economically viable? Probably not.
Melbourne is not the original. There are Luna Parks all over the world. The concept started in Coney Island New York. I believe, from memory, that the Melbourne one is the longest running globally. Hats off to that.
wanted to ride the wooden coaster at yours last time i visited but the wind was too strong, the 1930s dark ride was bloody brilliant though ! ours has the last operating 30s funhouse left in the world though :-]
@@justinm2697I really get exasperated at children, sorry adults that cannot see a point in a comment. The point was it was the original in Australia. We ARE talking about AUSTRALIA here aren’t we?
It’s a shame but I have to say that place is disgusting, terrible ticket organisations, half the rides were closed and I’m pretty sure my son I were walking through raw sewage at one point. I had to throw both of our brand new shoes out when we got back to the hotel. Luna park used to be way better.
Let’s be real here, the heritage listing is holding it back. Australia’s bizarre obsession with “heritage” conservation is unwarranted. Luna Park may have sentimental value to some, but that would be the only value it would have as an entity if it were to close. It serves no real value to sit there, closed, AGAIN, due to a lack of profitability or some other reason. It would just become a dilapidated eyesore. If it could be developed into a brand new amusement park, it might gain an audience with a new generation, but the heritage listing is holding it back from being truly great. It’s ugly and it’s dated and it’s just not really an appealing outing anymore for the cost. That said, developing it into housing would be even more tragic. Whatever the result, I doubt it will be one that makes the best use of the land for people who want to continue enjoying and using the site.
Forget it. This will *never ever* happen. Those who propose this bizarre Cockatoo Island theme park fantasy do not understand Sydney politics, culture and history at all.
@@user-kc1tf7zm3b You're right. The real estate potential on that island would be enormous and they're not going to turn such a historic site over to some low-rent amusement park. I could imagine the protests now. It will likely be maintained as a heritage protected site for the foreseeable future.
This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn, the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism. Yes, as it stands, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed. If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.
Hate to say it, but Luna Park is passè. Took my 8 year old twins and they didn't like it. Amusement parks expectation are different today. Its just old, no matter how many lick of paint its given. And expensive for average experiences, if not just lame.
Yes it's doomed, I'm 65 years old , and I've been going there since I was a small boy, The answer to your question is in plain sight, Hundreds of millionaires Apartment's The rich have wanted the park gone since before ABE- 666, had the kids burned up, there are ten times the number of apartment' s now since I was a teenager, 1970's Where there is Money there is an Evil plan.
Actually it’s not gonna close it’s a legally in the New South Wales the law has to stay an amusement park venue because of wild me after the Heritage ride and it can’t be removed
You are not paying attention. Luna Park was most certainly closed from 1988, through most of the 1990s and into 2004, the better part 2 decades. Is Luna Park truly economically viable? Probably not.
@@RomanSecundus This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism. Yes, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed. If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.
This really sucks, because if the park does close, that means Sydney won't have any other permanent amusement park. It's ridiculous how Gold Coast has like 3 or 4 theme parks but Sydney only has one, which unfortunately has the possibility to close again. They should just build a new amusement park and hopefully Luna Park finds a new leaseholder, so Sydney has a variety of choices.
All business enterprises are governed by the immutable laws of economics. This also explains why iPhones and cars are not made in Australia. It is not realistic for all Australian capital cities not have amusement parks as the local population is too small to sustain these businesses. There will never be an Australian Disneyland for these reasons.
Is Luna Park truly economically viable? Probably not.
I think part of the issue is Luna Park is a run down shithole.
As someone who lives in Brisbane and has grown up going to the big 4 theme parks at the Coast.
I grew up hearing about Luna Park and how special it was and then finally got to go in 2018 and it was just sooo shit. The rides are ancient, they're run down as hell, they've had no new attractions built. Barely any food options (that's a negligible complaint given its location but leaving the park to get lunch is silly) the best ride they have is an unthemed outdoor wild mouse which Movie World has with its themed Scooby Doo ride. Given that, my favourite part was the lil funhouse area they had. But it's more of a permanent dodgy carnival than a theme park.
Don't get me wrong, if I grew up in Sydney and it was all I had I would've loved it growing up. Especially given ticket prices are much cheaper. But
Because of its location they can't really expand the park either.
The big 4 parks in QLD get a new ride/area every few years and in the case of Seaworld they have an attached resort. There's just a lot more investment gone into those parks that makes people want to visit that makes them make more money and invest back into the parks. Obviously they haven't always been profitable, Dreamworlds had a bit of a rough patch lately but they're all good in the long term and to me it's because they actually reinvest back into their parks and make them a place that is worth going to. I will still make yearly trips to the big 4 (partially cause I live here and it's easy) but even if I go to Sydney (which I do fairly often) I would still think twice about actually going to Luna Park. I think you can just buy single attraction tickets, might be worth going and just getting a funhouse attraction ticket
Edit: I was writing this while watching and just got to the point where it said it was closed in 2021 and they built 9 new rides. I didn't think they would ever actually close the park to add new rides but hey covid happened so the timing worked out. I am genuinely excited to go check out all those new rides and legitimately really hope Luna Park doesn't close down as I wanna see the new and improved Luna Park because I never thought it would happen :( gotta stop writing comments before finishing videos. Shit just invalidated my whole essay of a comment
It's Surfer's Paradise, not Brisbane. Surfer's Paradise has always been a huge destination for families and children. It's a great escape, even during the colder months. Sydney has never had that same appeal. And Brisbane has never had anything like Luna Park, built right in the middle of it.
It's wonderland all over again..
there's raging waters in Western Syd but that's about it. would be sad.
In 2024, SA had its annual “teen parliament”. And the #1 matter brought up was not mental health but the need for a dedicated Adelaide theme park.
All teens are idiots. Even here in S.A.
The Dream Circus is the dumbest decision ever made. What the park needs is a dark ride and a log flume. They would have been better off spending the money on those 2 things. The dark ride at Alton Towers for example is world class.
didnt they have a dark ride years ago that had a huge accident?
@@DF_Dante Thats why i feel like i haven't put a new one there since
@@DF_Dante
That was no accident. It was arson because a man named Abe Saffron aka Mr. Sin was suspected to have had the fire set up so he can take control of Luna Park.
this makes me glad i got the chance to work here during during the 2022/23 christmas/new years time, worked inside coney islands, was so much fun, but not worth the money the long hours we had to work...
Another top quality video. Uncertainty is the enemy here. Even if the park is protected in law at the moment, politics being politics things can change. With Sydney real estate being stupidly expensive and this being such a prime location, it's not too unrealistic to see a future government selling the site to pay for housing or leisure facilities elsewhere. I'm only a POM, but at those prices it's not really a facility for the poorer people in the Western Suburbs.
Worrying times.
All business enterprises are governed by the immutable laws of economics. This also explains why iPhones and cars are not made in Australia. It is not realistic for all Australian capital cities not have amusement parks as the population is just not true to sustain these businesses. There will never be an Australian Disneyland for these reasons.
I went there in November 2022 a couple of hours before closing time and it kinda felt like it was closing. Probably because it was because we were closing in on the operating hours lol
Bro it has to stay as a theme park
Yeah it’s heritage listed
@@lamzeem This is utterly meaningless if the business is not economically viable. Luna Park probably isn’t.
@@user-kc1tf7zm3b not really. Like nobody can destroy the mouth, rotor or wild mouse. So sure it could close but it will always be there
@@lamzeem This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn, the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism.
Yes, as the law currently stands it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed.
@@user-kc1tf7zm3b yeah probs. Idk if you live in Australia but if you do you definetly know about the laws and stuff but it’s very hard to unlist something
As a south Australian I feel its important for Luna Park sydney to continue due to its involvement in my home state's history as well. Nimbys were a big reason why why it left glenelg and it's important that doesn't happen again.
I go for a walk every evening which takes me along the boardwalk past Luna Park. It seems to be closed far more often than one would expect. Even when it's open the attendance is very thin. There are the obvious exceptions, of course, when there are special events. But the general sense is one of emptiness. I've wondered for a very long time how it can possibly be turning a profit.
Luna Park is not truly profitable. The NSW Government just cannot afford to allow the amusement park to close down due to heritage reasons, sentimentality and the aesthetic appeal of having the historic amusement park by Sydney Harbour. Luna Park is really just a tourist attraction to bring visitors to the harbour than rather a viable business in and of itself, as the signature Luna Park face and Ferris Wheel are major draws for both domestic and foreign visitors alike.
Thats pretty much all of Sydney if you actually look around and not blinded by the lights, there lots of empty building's everything is closed passed a certain time and the city turns off. If it wasn't for the amount of people it would be like living in any other country Australian town really
Central Coast: hold my beer. Dead as a doornail after 8 Sun to Thu.
@@jamesfrench7299 Well of course. It's the Central Coast. It's suburbia. The same can be said for most Sydney suburbs. But Luna Park is a supposedly iconic, harbourside destination, drawing tourists and locals alike. So when on Friday and Saturday nights, week after week, it's not even open, or if open it's very underpatronised, it's clearly not in a healthy financial state.
It seems that NSW doesn’t do too well with fun or theme parks. I’m glad I’ve experienced most of them (for me between 1981 to 2003)
Another quality video. Can’t believe you don’t have more subscribers!
It's a scandal, isn't it?
We in Adelaide have to theme parks at all. So we totally rely on the annual Royal Adelaide Show. It was sad to see Wonderland close down in 2004. If Luna Park closes down, then Sydney people will have to rely on the Sydney Easter Show. And another thing. Since the early 1970’s over 97 percent of all theme parks have been lost forever.
I hate Melbourne for poaching the Australian grand prix off Adelaide, as though they don't get enough events.
@@jamesfrench7299 I hate Melbourne too. No real reason other than it's a s#ithole and it's full of flogs.
I'm glad that I went earlier this year - the first time in 17 years - I had a full experience at Luna Park - lines (if any) weren't too long and it was open until 6pm. That being said, I was able to go on almost all the rides there in one day, didn't really feel like I missed out on anything, and thought that I probably wouldn't need to go there again for at least another 5 years.
Sydney one is brilliant alot better than the one in Victoria 😊
I prefer the face of the Melbourne one even though I've never been there. It's more intimidating and evil looking.
I remember the first time I went to Luna Park Sydney with my parents I was very young, and I was scared that I'd be eaten when we went under the entrance.
Is it possible the government/ council themselves could take on the running of the park if a buyer is not found?
In Blackpool, a few of the attractions are owned by the council, and they simply have other operators running it for them.
The government could also in theory right off any deight(yes I know I’m not sure how to spell it correctly😳)in order to help encourage any potential buyer.
It sat idle for years after Wonderland in Prospect opened in 85. Then it finally reopened as a more sterile version of it's former self in the 1990s some time attracting complaints from local toffs in nearby apartments so they had to stop using it's main attraction, the big dipper. Special interest groups spoil Sydney.
Would be a shame if it closes as I was hoping to visit next year on a first long Australia trip
I think you’ll be ok for next year! The current operators are still running the place and even if it doesn’t sell, I think they should still be holding out by then even if my worst fears for the place are correct. Maybe there will even be a new owner by then!
@@MaloneysCoasters thanks dude appreciate the reply 👍🏻
@@MaloneysCoasters If Luna Park is not commercially viable, and there is no new buyer willing to accept stewardship of Luna Park, then the park may very well close in calendar year 2025 in order for the current operator to promptly stem their losses. If the park is not viable then no rational businessman would want to purchase the business and operate the park as a going concern for 2026 and beyond.
Luna Park tragics have to realise that they do not have an inherent right to enjoy the park, no more than they had an imaginary right to enjoy Wonderland Sydney back in the 2000s. The immutable laws of economics will always prevail.
I loved Luna Park as a kid. Now, not so much. The first time I went was for my 10th birthday in 1982, not long after reopening. It cost a massive $2.50 for kids. That was it. And it was so much better than it is now. There was tonnes more rides, like the Big Dipper, the Pirate Ship, and the Zipper. Plus the old faves, Coney Island, the Wild Mouse and The Rotor ( my fave!)
Now, it's a complete waste of money. There's not even half the rides, only the slides in Coney Island are in operation , and it's in dire need of a coat of paint!
I hope whoever buys the lease can bring it back to even a fraction of its former glory - that'd still be a MASSIVE improvement compared to the shit-show it has become.
How about operating it as a co op or public company where you can buy shares in it. I would! And I'm not taking about time-share schemes . It would be sad to see it close down as generations have visited. Maybe they owners are not marketing it to its full potential. Maybe it should hould more events like the celebrity meet and greets or concerts . Maybe Luna Park needs to be partially if not fully enclosed to sound proof it as well as protect from weather to increase the hours it can operate year round without noise complaints from neighbours. I'm sure there are solutions to saving it and keeping it operating. I remember the SOCOG ( Olympics staff party was held there after the Sydney 2000 Olympics. I was working there - ah the memories!).
All business enterprises are governed by the immutable laws of economics. This also explains why iPhones and cars are not made in Australia. It is not realistic for all Australian capital cities not have amusement parks as the population is just not true to sustain these businesses. There will never be an Australian Disneyland for these reasons.
Is Luna Park truly economically viable? Probably not.
@@user-kc1tf7zm3b So Melbourne won't ever get the Dusneyland deal? What about their Luna Park, it that a dying amusement park as well? How do you think amusement centres like Monopoly Dreams is doing doing in Melbourne? Look at what happened to The Star ( The giant ferris wheel that is not the Casino different story), wasn't that shut down but the structure is still there disused or is ?
@@dulcinealee3933 For a second time: there will *never* be a Disneyland in Australia. Ever. With a population of only 27 million, it would never be economically feasible for any Australian city to host a Disneyland. The worldwide locations which house a Disneyland service a massive local and neighbouring foreign countries population base. Australia is not Japan.
As for Melbourne Luna Park, no one in Sydney bloody cares, it is not our concern.
It’s heritage listed so it’s massively unlikely it’ll be closed lol
You are not paying attention. Luna Park was most certainly closed from 1988, through most of the 1990s and into 2004, the better part 2 decades.
@@user-kc1tf7zm3bthat was before the heritage listing, there was nothing stopping them
@@dustystripe6949 This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism.
Yes, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed.
If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.
It could absolutely close. If there are no vendors capable of making it turn a profit, it will stay unprofitable and the closure is inevitable. Demolition, though, would be a whole other kettle of fish.
I will personally fist fight whoever tries to ahut down lunar park
In all seriousness i was there for hallowscream last year and i thought the dj set in coney island was awesome and i thought to myself it would be cool of they did this all the time like a weekly or monthly think where local up and coming artist can play. It would be am awesome place for a rave
There was a free b-grade Hollywood action flick on RUclips last month which shot it's closing scene in the Coney Island at the back of Sydney Luna Park.
Some overseas investors will buy it, demo it and build ugly high rise units...
You did not watch the video at all, you are talking nonsense. Luna Park is protected under NSW state legislation where the site cannot be redeveloped for residential or accomodation purposes. This is discussed from 0:54 and in detail at 3:53.
@user-kc1tf7zm3b so what are they going to do with it then??
it's ok the new owners will remove the red train and secure world peace
What red train
@@lachlanjenkin1659 Everyone is annoyed that the Big Dipper has a red train instead of the old blue train
@@LavenderHaze301 um ok then
@@lachlanjenkin1659 the guy is just joking because the red train is terrible compared to the blue one, and i agree
Personally, I'd fight for the rights of self-determination of any coaster train to exist in whatever colour it is comfortable with. 😁
Is the park on Traditional Owner land ?
No it's never closing. It's an icon
You are not paying attention. Luna Park was most certainly closed from 1988, most of the 1990s and into 2004, the better part 2 decades.
This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn, the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism.
Yes, as it stands, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed.
If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.
@@user-kc1tf7zm3b there are already dozens of entertainment venues and parks on the harbour
@@user-kc1tf7zm3b I mean closing permanent. Replaced my apartment. Not happening
@@strikerbowls791 Again, _nothing_ is forever with business, especially with a small and obsolete amusement park which is commercially dubious. The current operator may exit the business and no other operator may be willing to resume the lease.
Yes, the attractions could be maintained in a mothballed state, but the NSW Government would have to pay for regular preventative maintenance and to secure the site 24 hours a day. This is all bloody expensive and perhaps not politically viable. If the attractions cannot be maintained then these structures have to be demolished to ensure safety.
I’m a fire safety professional, I am shocked each time I visit Luna Park. I expect that North Sydney Council will issue a Fire Order Upgrade on the site once North Sydney Council completes the sale. Once the fox is no longer guarding chooks, Luna Park can finally stop playing with fire, pun unintended
If it permanently closes, I wonder how many urban explorers will get in there and get the rollercoaster going and stuff.
Remember what happened to Australia’s wonderland
Children needs their theme parks
I like your videos !
It's very sad 😔 if it does close because more high-rise buildings in the city. I 😂 went there in the 70s ,
You know Luna Park in Sydney isn't the only one there's also one in Melbourne in St Kilda I wonder what once the original Luna Park the one in Melbourne or the one in Sydney
D milsons point pool is being renovated
What about converting this theme park into a pool annex
hi all just want to know what's going on with the security harassed an bullied kicking people out for fishing on the wharf. I'll been fishing at Luna Park since I was a kid,. is this a part of public or private land
That’s this is horrendous for Sydney
This video is an excellent insight into decades of mismanagement, stupidity, and neglect.
Given the fact that the people of NSW are the owners of Luna Park, it is way beyond time that transparency into the process were made public.
It is my firm assertion that it is the responsibility of the trust To make all documentation freely available and to provide a plain English summary of exactly what has happened and what they expect.
We own it and we have a right to know.
Unfortunately, these government trusts (like the Sydney Opera House trust) excel at one thing. Keeping the people that actually employ them… At huge salaries… Completely in the dark.
Your not wrong. It's disgusting and they continue to get away with this corruption. We are no free society. Just less oppressed than most.
Dream world:🗿
Movie world:🗿
Aussie world:🗿
Wet and wild:🗿
Universal:🗿
Actually it’s not gonna close it’s a legally in the New South Wales the law has to stay an amusement park venue because of wild me after the Heritage ride and it can’t be removed
You are not paying attention. Luna Park was most certainly closed from 1988, through most of the 1990s and into 2004, the better part 2 decades.
Is Luna Park truly economically viable? Probably not.
reduce prices and/to increase admissions
also put in a clown bordello
and also a bunch of nightclubs to take advantage of sydneys nightlife
Is it still free admission? I don’t ride just like to chill in the area.
Not sure, i have always paid lol
it’s been free to walk through for as long as i can remember, you jus’ have to pay for rides and/or access to coney island :-]
you should buy it
Got a spare 50-75 million I can borrow?
@@MaloneysCoasters depends
I wonder if the government could run it
No great loss to Melbourne....don't worry there will always be Luna Park in Melbourne...The Original!
Melbourne is not the original. There are Luna Parks all over the world. The concept started in Coney Island New York. I believe, from memory, that the Melbourne one is the longest running globally. Hats off to that.
wanted to ride the wooden coaster at yours last time i visited but the wind was too strong, the 1930s dark ride was bloody brilliant though ! ours has the last operating 30s funhouse left in the world though :-]
@@justinm2697I really get exasperated at children, sorry adults that cannot see a point in a comment. The point was it was the original in Australia. We ARE talking about AUSTRALIA here aren’t we?
@@xr6lad Get exasperated. I don't care.
It’s a shame but I have to say that place is disgusting, terrible ticket organisations, half the rides were closed and I’m pretty sure my son I were walking through raw sewage at one point. I had to throw both of our brand new shoes out when we got back to the hotel. Luna park used to be way better.
Let’s be real here, the heritage listing is holding it back. Australia’s bizarre obsession with “heritage” conservation is unwarranted. Luna Park may have sentimental value to some, but that would be the only value it would have as an entity if it were to close. It serves no real value to sit there, closed, AGAIN, due to a lack of profitability or some other reason. It would just become a dilapidated eyesore. If it could be developed into a brand new amusement park, it might gain an audience with a new generation, but the heritage listing is holding it back from being truly great. It’s ugly and it’s dated and it’s just not really an appealing outing anymore for the cost. That said, developing it into housing would be even more tragic. Whatever the result, I doubt it will be one that makes the best use of the land for people who want to continue enjoying and using the site.
It HAS to be about money.
What if someone developed world class theme park on the whole Cockatoo Island instead?
Forget it. This will *never ever* happen. Those who propose this bizarre Cockatoo Island theme park fantasy do not understand Sydney politics, culture and history at all.
@@user-kc1tf7zm3b You're right. The real estate potential on that island would be enormous and they're not going to turn such a historic site over to some low-rent amusement park. I could imagine the protests now. It will likely be maintained as a heritage protected site for the foreseeable future.
Interest Rates too high 😂
Luna parks and misfortune go together like bread and butter
No one is likely to miss it.
It’s not closing
This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn, the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism.
Yes, as it stands, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed.
If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.
Sydney is not for someone who looks like you anymore, its a different place now and depressing to be in
That's sad if it does, there always luna Park in Melbourne
:0
Hate to say it, but Luna Park is passè. Took my 8 year old twins and they didn't like it. Amusement parks expectation are different today. Its just old, no matter how many lick of paint its given. And expensive for average experiences, if not just lame.
Luna Park is way to fucking small
I think that the whole place is a waste of time. I could be wrong, this is just my opinion.
In Sydney not cool
Yes it's doomed, I'm 65 years old , and I've been going there since I was a small boy, The answer to your question is in plain sight, Hundreds of millionaires Apartment's The rich have wanted the park gone since before ABE- 666, had the kids burned up, there are ten times the number of apartment' s now since I was a teenager, 1970's Where there is Money there is an Evil plan.
:(
h
I agree
It's Luna Park not a woke arty farty entertainment political correct centre
Actually it’s not gonna close it’s a legally in the New South Wales the law has to stay an amusement park venue because of wild me after the Heritage ride and it can’t be removed
Yes, he goes through that if you watch the whole video.
the nsw law says that they can't be demolished, they can still be closed though
You are not paying attention. Luna Park was most certainly closed from 1988, through most of the 1990s and into 2004, the better part 2 decades.
Is Luna Park truly economically viable? Probably not.
@@RomanSecundus This thinking is odd. As the channel host stated, if Luna Park closes then the abandoned rides cannot stand indefinitely due no maintenance being effected, which means in turn the area becomes unsafe. The site would become a blight on the Milsons Point foreshore due to neglect and inevitable vandalism.
Yes, as the law currently stands does it does not allow for the site to be redeveloped. But, no law is truly forever as it can be repealed.
If it turns out that Luna Park is not commercially viable then the best that Luna Park tragics can hope for is for the site to be transformed into an entertainment venue, or a public green space.