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

Table of                             Contents

1.0     Introduction ................................................................................................................................................................ 2

  1.1   Scope ......................................................................................................................................................................... 2

2.0     Context Review........................................................................................................................................................... 4

  2.1   Proposed Development .............................................................................................................................................. 4

  2.2   Sector Context ............................................................................................................................................................ 6

3.0     Trade Area Analysis .................................................................................................................................................... 7

  3.1   Trade Area Delineation ............................................................................................................................................... 7

  3.2   Socio-demographic Profile.......................................................................................................................................... 9

  3.3   Population Projections .............................................................................................................................................. 12

4.0     Competitive Supply .................................................................................................................................................. 13

  4.1   Existing Supply ......................................................................................................................................................... 13

5.0     Demand and Gap Assessment .................................................................................................................................. 18

  5.1   Gym Demand ........................................................................................................................................................... 18

  5.2   Pilates Demand......................................................................................................................................................... 20

  5.3   Yoga Demand ........................................................................................................................................................... 21

  5.4   Sports Recovery Demand ......................................................................................................................................... 22

6.0     Need and Impact Implications .................................................................................................................................. 23