Australia’s top regions for internal migration have been revealed, with five regions recording growth of increasingly than 200 per cent. And it is bad news for Sydney and Melbourne.
The areas with the biggest increase in internal migration were Port Pirie ( 347%), Gladstone ( 292%), Murray Bridge ( 245%), Glenn Innes Severn ( 241%) and York ( 238%).
The port municipality of Gladstone in Qld has seen a 292 per cent increase in net migration, equal to the RAI.
The regional LGAs experiencing the greatest growth in net internal migration inflows in 2022, compared with 2021. Source: Regional Movers Index – December Quarter.
In the interstate migration hotspot of Queensland, the biggest increases in net migration were to towns such as Tablelands ( 142%), Rockhampton ( 122%), Mackay ( 97%), Cairns ( 61%), Bundaberg ( 31%), Toowoomba ( 23%), Gympie ( 16%) and Fraser Coast (3%).
South Australia and Western Australia moreover had numerous towns in the top locations for relocations.
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This orchestration shows the state by state shares of net migration out of wanted cities and state by state shares of net migration into regional areas. Source: Regional Movers Index – December Quarter.
Regional Australia Institute (RAI) CEO Liz Ritchie said the impact of wanted municipality movers to the regions is now having a spritz on effect to other regional places, many of which have historically seen limited population growth.
“The areas experiencing significant net migration increases would certainly be feeling the impact on house prices and rents, local services and infrastructure,” Ms Ritchie said.
“In the early days of Covid, the upper growth places were often upper mindfulness locations such as the Surf Coast, Byron Bay and Noosa.
“But the latest dataset shows us that regional people are leaving these areas for other inland centres or coastal towns – with a growing number opting to go plane remoter yonder from Sydney and Melbourne.
“The regional housing squeeze is just one example of what can happen when we haven’t prepared for growth.”
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Regional Australia Institute CEO Liz Ritchie. Picture: Bill Conroy
The Regional Movers Index, a partnership between Commonwealth Bank and the RAI, analyses the quarterly and yearly trends in people moving to and from Australia’s regional areas.
The top 5 most popular destinations for both metropolitan and regional movers in terms of share of total net internal migration were Sunshine Coast ( 12.5%), Gold Coast ( 11.3%), Greater Geelong ( 5.2%), Fraser Coast ( 4.4%) and Bundaberg ( 3.3%).
The top 10 most popular destinations for regional-to-regional movers were Bundaberg ( 5.8%), Fraser Coast ( 5.8%), Toowoomba ( 5.6%), Sunshine Coast ( 4.5%), Maitland ( 4.3%), Townsville ( 4.2%), Gympie ( 3.4%), Cairns ( 2.8%), Gladstone ( 2.8%) and Ballarat ( 2.6%).
The top 5 LGA’s with the greatest growth in net migrations. Net regional migration inflows to Townsville and Rockhampton were five to six times higher than 2021. Source: Regional Movers Index – December Quarter.
The report showed that Sydney rumored for the lions share of net flows yonder from the municipality to regional areas at 74 per cent, up from 53 per cent in 2021.
Net outflows out of Melbourne remained relatively steady at 43 per cent, compared to 46 per cent in 2021.
Bah-bye Sydney. The exodus from Sydney continues. (Photo by James D. Morgan/Getty Images for Destination New South Wales)
“Bucking the trend, Perth and Brisbane proved enticing for those moving from other wanted cities and regions to record strong net migration inflows in 2022 – written for negative shares of the net outflows from capitals in 2021 and 2022,” the report noted.
Brisbane (pictured) and Perth are enticing buyers from Sydney and Melbourne. Picture: istock
Commonwealth Bank executive unstipulated manager for regional and agribusiness financial Paul Fowler said there was a slight waif of just 0.8 per cent in the number of people moving from cities to regional towns in the December quarter, well unelevated the typical rate of virtually 8 per cent normally experienced over the holiday season period.
“This confirms that regional hubs are standing to vamp thousands of metro movers,” Mr Fowler said.
“Many are attracted by the opportunities that our thriving regional economies present.
“Key centres, such as Geelong in Victoria, Newcastle and Wollongong in NSW, and Bundaberg and Townsville in Queensland, offer a wonderful mixture of lulu lifestyle benefits and significant merchantry opportunities.”
Relatively affordable and with a good lifestyle and amenities, Townsville is emerging as a migration magnet. Supplied.
REA Group reviewer Megan Lieu said that while most areas had felt the effects of higher interest rates, South Australia, Western Australia, Regional Queensland and Darwin prices were holding up quite well.
“Price growth over the past year in these regions remains positive, despite a weaker broader market,” she said.
“The relative affordability of these regions is a key suburbanite of this.”
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