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

                                                                   ECONOMIC NEEDS ASSESSMENT
                                                                                   MARCH 2026




5.0         Demand and Gap                               Assessment
This section assesses existing and forecast demand for the specified Indoor Sports and
Recreation facilities within the defined trade area. A gap analysis is then undertaken by
comparing projected demand against current provision to determine a gap. The findings
are related to the need conditions for planned and potential Indoor Sport and Recreation
uses at the subject site.



5.1         Gym Demand
According to the Ausplay survey by the Australian Sports Commission 2025, 31% of adults
(aged 15 years and older) regularly attend gyms and fitness classes. It is noted that this
participation rate correlates with household income. In the Fiscal year 2024/2025 if the
annual household income for a family was between $150,000-$199,999, the participation
rate increased to 38.7% and increases further to 42.1% if the household income was in
excess of $200,000.


In this context, if a conservative approach is taken and 31% of the population aged 15+ in
the trade area is assumed to regularly attend gyms/fitness classes, it equates to 14,645
people. This analysis does not include any demand attributed to tourists, with the location
of existing supply indicating that tourists likely have limited to influence on demand for
most gyms in the area.


The following membership to floorspace assumptions are based on a review of relevant
membership and studio supply data of national branded gyms, grouped into average size
of the studios. Some of the portfolios reviewed include Fernwood, F45, Anytime Fitness,
World Gym and Goodlife:


•   Small (<400sqm) & Specialist: 1 member per square metre
•   Medium (400-1,000sqm) & 24hr gyms: 2 members per square metre
•   Large (>1,000sqm): 3 members per square metre


Table 5.1 provides an estimate of the membership base supported by the existing gym
supply in the trade area. This demonstrates that there are only three gyms with a floorspace



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