MCU14/0106 Appendix J - Retail Needs Assessment

1           Introduction
Noosa Civic is located within the Noosa Shire Business Centre (NSBC) and, in planning terms, has the
highest order activity centre designation in the Noosa Shire. The centre is yet to realise its planned role
in the centre’s network.

This report accompanies a development application for the expansion of Noosa Civic, incorporating
additional retail and commercial floorspace. The proposed expansion will ensure that the NSBC fulfils its
important role in Noosa.


1.1         OBJECTIVES
The principal objectives of this retail need and impact assessment are to:

     examine the future need for retail and related facilities at Noosa Civic;

     consider the complementary role these facilities may play within the surrounding network of centres;
      and

     determine the potential economic impact of the proposed development.


1.2         ANALYSIS
     Analysis Years – Analysis throughout this report relates to financial years unless otherwise stated.

     GST – All current and future retail expenditure estimates and turnover figures provided in this report
      are expressed in constant $2014, inclusive of GST.


1.3         ASSUMPTIONS
In undertaking the analysis in this report, a number of important assumptions are made, as follows:

     There are no major shocks to the Australian or Queensland economies over the forecast period.

     Population and retail expenditure forecasts are as outlined in Section 5 of this report.

     The existing and future network of centres is as outlined in Section 4 of this report.


1.4         SOURCES
For the purposes of this report, the following sources have been utilised:

POPULATION
Historical and forecast population trends have been prepared based on a range of sources outlined
below:

     The historic population figures for Australia and Queensland have been sourced from ABS Catalogue
      3101.0 Australian Demographic Statistics.

     The historic population figures for South East Queensland and the Sunshine Coast Region have been
      sourced from the ABS Catalogue 3218.0 - Regional Population Growth, Australia. South East
      Queensland includes the Local Government Areas of Brisbane, Gold Coast, Ipswich, Lockyer Valley,
      Logan, Moreton Bay, Redland, Scenic Rim, Somerset and Sunshine Coast (including Noosa Shire).

     The forecast population figures for Australia and Queensland have been sourced from ABS
      Catalogue 3222.0 - Population Projections, Australia, 2012 (base) to 2101 (Series B). These
      forecasts have been rebased to the December 2013 ERPs by applying the growth rates of Catalogue
      Series B to the December 2013 ERPs in Catalogue 3101.0.



10     INTRODUCTION
                                                                                                                          URBIS
                                                                   NOOSA CIVIC - RETAIL NEEDS ASSESSMENT DEC 2014 MASTER - FINAL