MCU14/0106 Appendix J - Retail Needs Assessment

    Over 70% of employed trade area residents work in the main trade area, which represents a relatively
     high level of employment containment within the trade area. Currently, Noosa Civic trade area
     residents are required to drive approximately 30 minutes to the higher order activity centres of
     Maroochydore and Nambour respectively, or a 1-hour round trip.

    In total, almost $400 million of retail expenditure is estimated to be escaping to online channels as
     well as other regions, particularly other areas of the Sunshine Coast, Brisbane as well as the Gold
     Coast which make up over 50% of escape expenditure. The proposed development at Noosa Civic
     represents a significant opportunity to retain some of this escape expenditure that is currently leaking
     out of the main trade area to other regions.




URBIS
NOOSA CIVIC - RETAIL NEEDS ASSESSMENT DEC 2014 MASTER - FINAL                         NOOSA CIVIC MARKET ANALYSIS   95