PPC Urban specialises in conducting medical centre needs assessments, which are known as medical centre market assessments.
With a fast-growing and ageing population in Australia, demand for health and general medical services is increasing. Selecting a right site is very important as an experienced operator will likely experience difficulties in making a profit in a market with too much competition or insufficient demand.
The key to a successful investment is to select a right site as an experienced operator will likely experience difficulties in making a profit in a market with too much competition or insufficient demand.
What Kind of Commercial Benefits of Conducting Medical Centre Needs Assessments?
Thorough investigations in assessing local demand and supply of health and general medical services now and in the future will effectively assist you in making informed investment and business decisions in many ways, as follows:
- Acquiring a site,
- Preparing a business plan,
- Supporting a town planning application,
- Supporting a rezoning proposal,
- Developing an appropriate sales or leasing campaign, or
- Operating a business.
Most importantly, medical centre needs assessments can help mitigate your investment risks.
What does a Medical Centre Market Assessment involve?
Our needs assessments are usually informed by the primary sources (i.e. interviews with key stakeholders) and the secondary sources (i.e. government published information).
To inform the marketability of a given proposal, our medical centre needs assessments usually include:
- Location and Site Context,
- Setting a Catchment Area,
- Key Demographic and Economic Outlook,
- Population and Household Growth (2021-2024-2026-2031-2036),
- Supply Assessment – Existing Medical Centres,
- Development Pipeline Information – New Medical Centres,
- Demand Assessment – informed by a high-level review of general health and medical, overall performance of the area and current GP’s provision ratio,
- Market Gap Estimates – estimating the number of GP’s needed to meet the demand, triggered by population growth and gender and age profiles (2024-2026 & 2024-2031), and
- 14-day turnaround with a PDF digital version sent via email.
PPC Urban provides specialist services in preparing medical centre needs assessments to evaluate if a medical centre could be economically viable.
We deliver our medical centre needs assessments (also called medical centre needs assessments) across Australia, including VIC, NSW, ACT, WA, QLD and TAS.
What must be Considered in Selecting a Site for a Medical Centre Development
If your project is located in Victoria, we can examine if your land can be physically and legally developed for a childcare centre. This will be built, leveraging our in-depth knowledge in town planning requirements. Our integrated services will help you build a good business plan, and provide advice on:
- A prospective development mix under the zoning provisions, under the relevant town planning requirements,
- Development suitability, informed by site and location context, and land topography,
- Market driven development response,
- Development yield estimate for a given proposal.
Our approach is illustrated in below diagram.
Our medical care market assessment profiles are built on thorough research into the health and medical industry and over 20 years of experience in property development. Please email info@ppcurban.com.au or 0434 147 607 to order or enquire.
Videos and Interviews Sharing Investment Tips for Property Investors and Developers and Medical Practitioners
Our Director, Hong Knowling, was interviewed by Cheryl Leong from Property Development Australia. Interview details are included below.
Please call us for a confidential discussion and we will work with you to prepare specific scope of works to deliver best outcomes for you. We can be contacted on 0434 147 607 or email info@ppcurban.com.au.