Thriving Regional Job Market Fuels Migration from Capital Cities in Australia
The robust job market in regional Australia is triggering a migration trend away from major cities, with regions like Geraldton (WA) and Mudgee (NSW) experiencing remarkable growth. With a staggering 87,000 job opportunities available in rural areas, more individuals are relocating to embrace a new life outside urban centres.
The allure of a flourishing regional employment landscape combined with attractive housing prices is drawing newcomers to locations like Geraldton in Western Australia and Mudgee, both located approximately four hours away from their respective state capitals.
According to the Regional Movers Index, these destinations, along with York and Waroona in Western Australia and Townsville in Queensland, have emerged as top growth hotspots for internal migration
The index, a collaboration between the Commonwealth Bank and Regional Australia Institute, reveals a shifting migration pattern that sees people departing major regional hubs such as Launceston in Tasmania and Dubbo in NSW in favor of more rural settings.
KEY POINTS
- With 87,000 jobs available in regional Australia, increasing numbers of people are leaving capital cities.
- Queensland remains the top choice for capital city residents, with major coastal regions attracting newcomers.
- Key factors driving regional migration include space, well-being, affordability, and job flexibility.
Liz Ritchie, CEO of the Regional Australia Institute, emphasizes the enduring appeal of regional living and underscores the necessity of providing essential social and physical infrastructure to support these burgeoning communities.
Queensland stands as a favored state for those leaving capital cities, with many opting to settle in prominent coastal regions. The Commonwealth Bank’s Paul Fowler, Head of Regional and Agribusiness, foresees ongoing growth in local economies and various sectors attracting individuals to regional areas.
While Australia’s overall population movement remains elevated post-COVID-19, a survey of urban residents contemplating a transition to rural life highlights space, affordability, improved well-being, and increased leisure time as key motivators. Heightened job flexibility since the pandemic’s peak has elevated interest in regional living for a significant portion of respondents.
However, the survey reveals that concerns about the cost of living are growing, particularly among high-income earners who would be more inclined to consider relocating over three hours away from their current homes
SOURCE
- SBS News
