Residents of major cities are increasingly seeking affordable regional alternatives, with Sydney showing the highest rates of migration from the capital to regional areas, according to a recent report.
The latest Regional Movers Index, issued by the Commonwealth Bank of Australia and the Regional Australia Institute, indicates a significant rise in the popularity of areas outside major metropolitan suburbs, reflecting an ongoing trend toward living in these regions.
Sydney and Melbourne account for more than 90% of total population flows from major cities to rural areas, with Sydney residents representing around 54% of net movements, while Melbourne residents make up 38%.
Although December is usually considered a low-mobility month, this year’s figures showed a less pronounced decline compared to the last two quarters, suggesting that momentum toward regional migration continues.
Migration from capitals to regional areas in December recorded the second-highest rate since the end of the COVID-19 pandemic in 2022, clearly outpacing reverse flows (from regional areas to capitals) by 31%. Migration from major cities to regional areas accounted for 11.6% of all moves between local government areas in Australia.
The report also revealed that migrants to New South Wales are now moving toward more diverse destinations, going beyond traditional hotspots and turning their attention to inland and coastal regional centers.
Meanwhile, the city of Albury continued to attract more residents thanks to its proximity to Sydney and Melbourne, excellent job opportunities, and significant public and private sector investments. Ms. Allen also confirmed that Lismore has experienced notable growth in newcomers, reflecting the ongoing trend toward relocation to regional areas.
