All roads lead to Queensland as interstate migrants flood in

  • By Peter Gordon
  • •
  • 19 Dec, 2022

Far more people are moving to Queensland than any other state or territory, while NSW recorded the biggest net loss, Australian Bureau of Statistics data shows.

The Sunshine State saw a net gain of more than 100,000 people in the five years to 2021, according to the Census.

The biggest net loss was just south of the border, with 102,000 people leaving NSW.

In Tasmania and the ACT, the net gains were more modest – 15,000 and 10,000 respectively – while almost 10,000 people left Victoria.

Anecdotal stories of sea and tree changes are also backed up by the data, with a net loss of more than 160,000 people from Australia’s capital cities.

This was significantly greater than the net losses of 43,000 and 72,200 in 2016 and 2011 respectively.

As work-from-home became the norm for thousands of Australians during the pandemic, the city exodus intensified.

In the year before the 2021 Census, there was a net loss of 59,500 people from Australia’s capitals. Sydney alone lost 49,100 people.

“Census data captures the characteristics of people who have moved, allowing us, in turn, to gain a better understanding of why they moved,” Census program manager Mark Harding said.

The median age for movers was 33, and they were more likely to be renters than non-movers.

Those who stayed put were more likely to be older, with a median age of 49, and to either own their home outright or have a mortgage.

“This data suggests that people are moving for housing suitability and affordability – as well as employment opportunities – and then settling down later in life,” Harding said.

Interstate moves were still relatively uncommon, with 87 per cent of those who moved remaining in the same state.

Article courtesy The Sydney Mornign Herald 08/11/22

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Introducing The Palms Estate, Cairns - The Northern Beach's Premier Address

By Peter Gordon • April 26, 2023

Quiet simply, the Palms is the place to buy!

The northern beaches of Cairns is the Nation's best location for property investors right now, and The Palms is the premier development in this boom region.

It has the best location being elevated and backing onto the rainforest. It will have amazing facilities with a shopping village, a primary school, parks and green open space, a water park and an expanse of wildlife corridors.

It has taken the developers three years to get planning approval for this unique development to be able to hit the market. There are only 300 lots spread across 85 acres of the best land in The Northern Beaches.  Residents will have an abundance of open space right at their doorstep.  The Palms is also the only Certified Enviro Development project in Far North Queensland.

> Cairns Snapshot

In the rivalry between Sydney and Melbourne, the winner is ... Brisbane

By Peter Gordon • April 20, 2023

Sydneysiders and Melburnians, put aside your equally outstanding flat whites for a moment. Stop bickering about whether great beaches beat cool laneways (they do) and desist from debating whether all baristas require waxed moustaches (ideally).

Because Brisbane is closing in on the title of Australia’s best city, and we must join forces to keep this subtropical upstart in its place.

Time  magazine recently named Brisvegas on its “World’s Greatest Places” list, and omitted our cities. It’s a huge shock (and who knew they still published Time  magazine?). But they might be onto something.

Time  points to the 2032 Olympic and Paralympic Games, which will be hosted in the maroon metropolis. Brisbane will do a fine job, even though it’ll baffle the world when rugby league is added to the schedule and Queensland is allowed to field its own team.

Time’s  most radical claim is that Brisbane is worth visiting now, but tourism is surging. Not only did Lin-Manuel Miranda recently drop in to catch Hamilton , but hundreds of Hamilfans flew up to watch his interview with Leigh Sales (presumably unaware that it would subsequently arrive on iView for free).

Incredible Lifestyle At An Affordable Price  Equity of approx $390K on completion

By Peter Gordon • April 6, 2023
This small duplex development just a short drive from Hervey Bay on Queensland’s beautiful Fraser Coast, offers an incredible lifestyle at an affordable price. With unprecedented demand and very limited supply, prices look set to skyrocket.

A leading local agent has appraised each side of these duplex's to be worth $665k on completion and rent for $495 per week. So that is massive potentail instant equity of up to $390K on completion, which is incredibly hard to find.
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