Thousands of people are transferring cities as they seek more affordable housing, according to the latest interstate migration figures released by national property market researcher Propertyology.
“The great Australian Dream is alive and well and the latest data proves that people are prepared to uproot and move to make that dream a reality. This mass migration will last for many years as more and more Australians seek affordability.
Sydney has the biggest gains from interstate migration were Camden (5,531) The Hill’s Shire (2,044) and Liverpool (1,068). Sydney’s population growth to overseas migration, however new local residents prefer more affordable city regions.
Areas near Melbourne with the biggest gains were Casey (6,051), Wyndham (5,255) and Melton (3,844). These places are outer-suburbs with affordable houses that families can readily move into.
(Just goes to show you that people that still want their own homes are prepared to drive hours to their work place)
Suburbs near Perth with the biggest gains from interstate migration were Wanneroo (1,420) Serpentine-Jarrahdale (1,311) and Armadale (1,227). Perth used to be one of the most expensive cities, but the “soft property market has improved housing affordability” – a factor many interstate migrants consider. (They would have to consider this very carefully as they will need a job first and living here still isn’t cheap, homes might be, but the rest isn’t)
In 2016 and 2017 out of 245,000 overseas migrants, 165,000 settled in Sydney and Melbourne. Most of them rent for several years.
I can see lots of people moving to Queensland quite frankly for the lifestyle, the only worry I can see is if the work is actually there for them. Mind you its only us Perth people that don’t like travelling over an hour isn’t it, no one from the Eastern States seems to have any issues with it?