{"id":2435,"date":"2022-04-27T04:06:37","date_gmt":"2022-04-27T04:06:37","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/regional-population-growth-highest-in-four-decades\/"},"modified":"2022-04-27T04:06:37","modified_gmt":"2022-04-27T04:06:37","slug":"regional-population-growth-highest-in-four-decades","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/regional-population-growth-highest-in-four-decades\/","title":{"rendered":"Regional population growth highest in four decades"},"content":{"rendered":"
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The COVID-19 pandemic caused a dramatic shift in population trends over the past year \u2014 for the first time in 40 years, regional markets achieved a higher growth than capital cities.<\/p>\n
Figures from the Australian Bureau of Statistics (ABS) showed that the population in regional Australia grew by 0.9% over the 2020-2021 financial year, while capital cities lost around 0.1% of its population.<\/p>\n
McGrath Estate Agents managing director and CEO John McGrath said the population surge occurred because people saw no reason to stay in the capital city markets as the work-from-home set-up became more common amid the pandemic.<\/p>\n
\u201cThey looked to the regions for more affordable housing and a lifestyle change, with the greatest population gains in regional NSW, regional Queensland and regional Victoria,\u201d Mr Mcgrath said.<\/p>\n
\u201cThe greatest capital city population losses were in Melbourne and Sydney \u2013 not only due to regional relocations, but also the international border closure shutting down overseas migration.\u201d<\/p>\n
Over the year, Sydney posted a net population loss of 34,849 due to internal migration (the movement between and within states).<\/p>\n
The majority of those that left Sydney went to regional NSW, particularly in areas such as Illawarra, Hunter Valley, and the Mid North Coast.<\/p>\n
Meanwhile, Melbourne had a net loss of 33,501 due to internal migration \u2014 departing Melburnians set their sails to regional Victoria, with Latrobe-Gippsland and Geelong as the top destinations.<\/p>\n
\u201cRegional Queensland also welcomed large numbers of Sydneysiders and Melburnians, with most of them settling on the Gold Coast and Sunshine Coast,\u201d Mr McGrath said.<\/p>\n
Ray White chief economist Nerida Conisbee said Geelong topped the list of areas that reported the strongest population growth during the pandemic relative to the long-term averages.<\/p>\n
\u201cA search for space was key, but so too were changes to the way people were working through the pandemic which allowed for greater choice of location,\u201d she said.<\/p>\n
During the pandemic, Geelong managed to record a net population gain of 7,157, which is higher than the net gain of 5,074 for the past 20 years.<\/p>\n
The outer Brisbane area of Logan – Beaudesert and NSW\u2019s Hunter Valley were also some of the biggest gainers.<\/p>\n
Here are the other areas that posted the strongest gain in population during the pandemic relative to their long-term averages:<\/p>\n
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Area<\/p>\n
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Net gain during the pandemic<\/p>\n
\n\t\t\t<\/td>\n
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20-year average<\/p>\n
\n\t\t\t<\/td>\n
\n\t\t<\/tr>\n
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Geelong<\/p>\n
\n\t\t\t<\/td>\n
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7,157<\/p>\n
\n\t\t\t<\/td>\n
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5,074<\/p>\n
\n\t\t\t<\/td>\n
\n\t\t<\/tr>\n
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Logan – Beaudesert<\/p>\n
\n\t\t\t<\/td>\n
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7,000<\/p>\n
\n\t\t\t<\/td>\n
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5,946<\/p>\n
\n\t\t\t<\/td>\n
\n\t\t<\/tr>\n
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Hunter Valley<\/p>\n
\n\t\t\t<\/td>\n
<\/p>\n
<\/p>\n
5,280<\/p>\n
\n\t\t\t<\/td>\n
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3,639<\/p>\n
\n\t\t\t<\/td>\n
\n\t\t<\/tr>\n
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Sydney \u2013 Baulkham Hills and Hawkesbury<\/p>\n
Sydney \u2013 Outer West and Blue Mountains<\/p>\n
\n\t\t\t<\/td>\n
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3,226<\/p>\n
\n\t\t\t<\/td>\n
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2,344<\/p>\n
\n\t\t\t<\/td>\n
\n\t\t<\/tr>\n
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Sydney \u2013 Sutherland<\/p>\n
\n\t\t\t<\/td>\n
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1,861<\/p>\n
\n\t\t\t<\/td>\n
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1,099<\/p>\n
\n\t\t\t<\/td>\n
\n\t\t<\/tr>\n
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Murray<\/p>\n
\n\t\t\t<\/td>\n
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1270<\/p>\n
\n\t\t\t<\/td>\n
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585<\/p>\n
\n\t\t\t<\/td>\n
\n\t\t<\/tr>\n<\/tbody>\n<\/table>\n
\u201cThe majority of top pandemic growth regions were either outer suburban areas of capital cities or regional locations close to capital cities,\u201d Ms Conisbee said.<\/p>\n
One outlier, however, was the Murray region of NSW where population growth was more than double the long-term average.<\/p>\n
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