2022-11-14 GC Agenda - Item 4 - Attachment 1 - Short Term Accommodation Monitoring Report 2022

unlikely to be committed to the local area and will therefore not want to contribute to its image
or identity. They are likely to expect the local community and businesses to treat them as
guests (i.e., a ‘take’ vs ‘give’ mentality).
A permanent resident has a vested interest in contributing to the image and identity of the local
area and to maintain or enhance the local environment and community. They are likely to
support local businesses and key services outside of the hospitality sector, thereby not only
being an available labour source but also providing support to a diversity of economic sectors
that enables a variety of job opportunities to be offered across the region. This includes critical
services such as health, education and community care and support.
From a land use planning perspective, all aspects of the economy and community must be
considered to ensure that both the economy and community are functioning and sustainable
and achieving (or able to achieve) desired corporate planning objectives.


Impact Assessment
    Economic impacts
   Analysis of visitor, short term rental dwelling and general property market data highlights
    that the local economy has bounced back very strongly with visitor nights in short term
    rentals having returned to pre-COVID-19 levels. There is insufficient evidence to suggest
    making short term accommodation an inconsistent use in LDR zones within NP2020 has
    had any impact on the performance of the local economy, with visitation to Noosa
    outperforming the broader SEQ experience. Further, there is insufficient evidence to
    suggest making short term accommodation an inconsistent use in LDR zones within
    NP2020 has had any impact on the availability of dwellings for either short stay
    accommodation or permanent rental.
   More broadly, the increasing allocation of housing stock for use as short stay
    accommodation over the past decade has resulted in a constrained operating environment
    for local businesses with an imbalance between the demand for local workers and the
    supply of local workers across all sectors of the economy impacted by the lack of available
    and affordable housing. Making short term accommodation an inconsistent use in LDR
    zones within NP2020 will ensure that no additional housing within LDR zones will be
    allocated to short stay accommodation with any new stock available for residents and
    workers to support improved functioning of the local economy.
    Social Impacts
   There is a significant impact on traditional residential neighbourhoods from the increased
    level and type of activity associated with short stay accommodation, much of which is
    focussed on noise disturbances, amenity, safety and security. Most of the impacts relate
    to resident health and residential amenity, with amenity referring to the ability for residents
    to enjoy their homes in a peaceful manner with feelings of community and safety.
   AEC’s Cost Benefit Assessment prepared for Council’s Short Stay Letting and Home
    Hosted Accommodation Local Law identified the costs and benefits associated with the
    controls included within the Local Law to better manage the adverse effects on
    predominantly permanently occupied residential communities from the increased
    utilisation of residential properties for short stay accommodation. It was identified that
    10,610 residential properties consisting of an estimated 26,525 persons would benefit from
    the Local Law. The quantified resident health and residential amenity benefits were
    estimated at $9.56 million per annum and the benefit-cost ratio within Noosa was in excess
    of 30 (a value greater than 1 indicates the benefits outweigh the costs). Residents were
    also identified as having an enhanced feeling of safety and security as a consequence of
    the Local Law.
   The Local Law has in part dealt with the residential amenity and liveability issues
    associated with short stay accommodation occurring within residential zones. The most
                                                                                           pg. 133
Noosa Council Monitoring Report 2022/23