Planning Economic Report MCU13/0087 (attachment to Email 4 of 5)

                                                          Section 2: Trade area analysis




     2.2 Trade area population

     Table 2.1 details the existing and projected population levels within the identified
     trade area. Population forecasts are based on a number of sources, including the
     following:


     • Population data from the Australian Bureau of Statistics (ABS), including the
       recently released results from the 2011 Census of Population & Housing; and


     • Population Projections prepared by the Queensland Office of Economic and
       Statistical Research, released in May 2012.


     As shown, the recent and projected population levels within the Noosa Bowls Club
     trade area is currently estimated at 34,540 people, including approximately
     12,650 people within the primary sector.


     Recent population growth throughout the Noosa Bowls Club trade area has been
     moderate, with annual growth for the MTA averaging 102 residents between 2006
     and 2011.


     This growth trend is set to continue over the forecast period, with the trade area
     population estimated to reach 35,630 people by 2026, reflecting average annual
     growth of 0.1% for the MTA.


     Noosa also attracts a significant tourist population as highlighted in Table 2.2.
     When comparing the current estimated resident population of 34,540 residents
     with the average number of visitors per day at 10,733 it is understood that
     tourists add up to an additional 30% on average to the base population.


     Given a large proportion of tourists and visitors to Noosa stay in self catering
     accommodation, there is likely to be significant add on trade to the proposed
     retail facilities estimated in the order of 20% - 30%.




                                                      Noosa Heads Bowls Club, QLD
10
                                                              First Choice Assessment       10
                                                                           Coles Group