Noosa Medihub - Economic Need Assessment (Mar-26) · MCU25/0119

                                                                    ECONOMIC NEEDS ASSESSMENT
                                                                                     MARCH 2026




4.0         Competitive Supply
4.1         Existing Supply
This section provides detail of existing Indoors Sports and Recreation facilities in the
defined trade area. This supply assessment does not include all Indoor Sport and
Recreation uses, rather it has focused on specific uses (i.e. gyms, Pilates and yoga studios as
well as sports recovery centres) that are considered common within the sector and that
represent potential future tenant opportunities at the subject site. These facilities vary in
scale, format and offer, noting some overlap between Pilates and yoga studios with some
facilities offering both practices.


Gyms:
There are currently 17 gyms within the trade area with a single approved gym (a 98 Gym
franchise) along Noosa Drive. Most gyms in the trade area range from 200 to 670sqm,
which is typical for most small format commercial gyms within the Australian market. It is
noted that there are none of the large format gyms that offer a complete range of fitness
equipment and scheduled classes (i.e. Goodlife, EMF, etc.), within the trade area (noting
that this is the scale of gym that is aligned with the scale of indoor sport and recreation uses
supported onsite by the Noosa Plan 2020).


Pilates:
There are 24 Pilates studios in the trade area, some of them offering small scale reformer
classes (max of 12 persons) with other larger studios offering yoga and Mat Pilates classes
as well. A large percentage of these studios offer one off passes suitable for tourists in
central Noosa locations appealing to visitors wanting a wellness activity during their visit to
the area.


Yoga
For the purpose of this report, we have assessed Pilates and yoga studios separately noting
that there is an overlap between some the studios. There are currently 19 studios or private
operators offering yoga services (excluding yoga in parks) in the catchment. Majority of the
studios offering yoga practices by itself are smaller scale sole instructors/operators.




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