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Population Update
A quick snapshot of the March 2023 National Population data release today shows that population growth continues at its furious pace. Australia recorded a record net overseas migration (NOM) inflow of 152,000 in March quarter 2023. This in turn took annual NOM to 454,000 in the year to March 2023, which is a massive 50% […]
Interstate migration flows revised upwards
The ABS has released final rebased population estimates for June 2021 based on the 2021 Census. The final rebased population estimate draws together all outstanding population data available since the preliminary estimates were published to lock in a final population number in June 2021. The release also revised Net Interstate Migration (NIM) data as part […]
Is Build-to-Rent poised to come of age?
Significant demographic headwinds over the next decade will reduce the pool of ‘mum and dad’ investors able to drive new rental supply, which in turn will pave the way for a greater presence of Build-to-Rent (BTR) product in the market to fill the void.
Where are all the rentals?
New dwelling supply was relatively healthy through the COVID pandemic, while net overseas migration went backwards. Yet vacancy rates are tightening. Why is this happening?
Growth Areas Bad, Infill Good: Planning’s Perennial Problem
If, as a nation, we are genuine about improving the dire state of housing, then the “growth areas bad, infill good”, mindset, simply needs to stop.
Millennials worse off. But Why?
Have we have succumbed to the notion that younger Australians will necessarily be worse off than their parents?
Net Overseas Migration Roaring Back
Interesting results from the September quarter 2022 population release published today by the Australian Bureau of Statistics.
Remote working for Sydney CBD workers on the rise
Analysis of 2021 Census data indicates that the number of Sydney CBD workers living out of the Metro area has increased significantly
Melbourne CBD workers flee the city
The 2021 Census indicates a rise in the number of Melbourne CBD workers now living out of the Greater Melbourne area.
Births on the rebound in 2021
This ABS release on 2021 births shows that the dark days of a dismal 1.59 national total fertility rate (TFR) are officially behind us, with the latest figures showing a return to a buoyant 1.7 - a slight, but positive increase on the pre-covid (2019) TFR of 1.67.
Migratory Millennials – Marching from the Metropolis
As stories of new migration patterns and movement across Australia’s cities and regions abound, updated population data shows that what initially appeared to be a pandemic-induced blip is instead the beginning of a reversal of a long-term trend. Emergent patterns of internal migration, together with the rise, and living preferences of the Millennial cohort, now […]
COVID Impacts on households
The COVID pandemic and associated lockdowns resulted in many re-assessing the way they think about their lifestyle and their homes. This has largely been characterised by a desire for more space, both external and internal, to capitalise on the increased ability to work from home. This has in turn had an impact in household formation and housing demand (both rental and purchaser).
International student arrivals
International students are the main driver of net overseas migration flows into Australia, and in pre-COVID times accounted for just over 40% of the country’s net overseas migration. Many international students move on to graduate visas and eventually become permanent residents.
