Thousands of Aussies are flocking to regional towns seeking a sea- and tree-change, with regional Queensland and Victoria taking in the largest share of city movers.
The latest Regional Movers Index by Commonwealth Bank and Regional Australia Institute (RAI) revealed national internal migration to the regions was up 45 per cent on pre-pandemic levels.
The Sunshine Coast was the most popular location for both metropolitan and regional movers by total net internal migration (up 12.5 per cent). This was followed by the Gold Coast, Greater Geelong, Fraser Coast and Bundaberg.
“This confirms that regional hubs are continuing to attract thousands of metro movers. Many are attracted by the opportunities that our thriving regional economies present,” Commonwealth Bank executive general manager for regional and agribusiness banking Paul Fowler said.
RAI CEO Liz Ritchie said capital city movers were having a flow-on effect to other regional areas.
“The areas experiencing significant net migration increases would certainly be feeling the impact on house prices and rents, local services and infrastructure,” Ritchie said.
“For that reason, policy makers, industry and regional leaders need to heed these results, to ensure adequate planning and resourcing is put in place to accommodate demand, both now and in coming decades.”
Most popular regional areas
The most popular destinations for all internal movers were:
Sunshine Coast (+12.5 per cent)
Gold Coast (+11.3 per cent)
Greater Geelong (+5.2 per cent)
Fraser Coast (+4.4 per cent)
Bundaberg (+3.3 per cent)
For region-to-region movers, the most population locations were:
Bundaberg (+5.8 per cent)
Fraser Coast (+5.8 per cent)
Toowoomba (+5.6 per cent)
Sunshine Coast (+4.5 per cent)
Maitland (+4.3 per cent)
Townsville (+4.2 per cent)
Gympie (+3.4 per cent)
Cairns (+2.8 per cent)
Gladstone (+2.8 per cent)
Ballarat (+2.6 per cent)