9. Appendix F - Economic Impact Assessment

CHART 2.1. TOTAL TRADE AREA NEW DWELLING APPROVALS, 2011/12 – 2017/18

1400
          Other Dwellings
                                                                                     1200
1200      New Houses
                                                                       1045
                                                                                                    971
1000
                                           795
                                                         749
 800
               641
 600                            512


 400


 200


   0
          2011/12           2012/13      2013/14       2014/15        2015/16       2016/17        2017/18
 Source: ABS




2.3.      Resident Socio-Economic Profile

  i.      Table 2.2 summarises the socio-economic profile of the total trade area population compared with the
          South-East Queensland and Australian benchmarks. This information is based on the 2016 Census
          of Population and Housing, with key points to note including:

          ­      The average age of total trade area residents at 42.2 years is older than the benchmark of 37.7
                 years. The primary sector population contains the oldest residents with an average of 42 years,
                 well above the South-East Queensland benchmark. This reflects the popularity of Noosa and the
                 surrounding region with retirees.

          ­      Total trade area residents earn average per capita and household incomes which are lower than
                 the South-East Queensland benchmarks. This is particularly evident in the tertiary sector.

          ­      The total trade area population is predominantly Australian born, with this trend evident across
                 all sectors.

          ­      A review of the household structure of the total trade area population indicates an above average
                 proportion of couples without children and lone persons.




        Noosa Marketplace, Queensland
        Economic Impact Assessment                                                                            28
        May 2019