Australians are continuing to embrace regional living, with the latest Regional Movers Index (RMI) showing capital-to-regional migration reached its equal-highest June quarter on record, matching levels last seen in 2021.
The RMI is a partnership between the Commonwealth Bank (CBA) and Regional Australia Institute (RAI), and tracks population movements between Australia’s capital cities to regions, and region-to-region migration. The latest results show capital city residents moving to regional Australia continued to outnumber those moving in the opposite direction by 30%.
While established destinations continued to attract the largest share of movers, this quarter also points to a broader spread of migration into more regional communities as the benefits of regional living draw people further afield. Northern Queensland was particularly prominent, with the LGAs of Burdekin, Tablelands and Douglas among the nation’s fastest growing destinations by annual growth in net internal migration.
RAI CEO Liz Ritchie says movement typically eases during the June quarter as fewer Australians tend to relocate in the cooler months, which makes this result particularly noteworthy.
“The Regional Movers Index recorded its equal highest June quarter on record, matching the height of migration reached during the pandemic in 2021. This tells us the appeal of country living remains incredibly strong all year round, even outside the traditional peak moving periods,” Liz Ritchie said.
“While established destinations such as Queensland’s Sunshine Coast continue to attract the largest share of movers, we're also seeing strong growth spread into other areas of the state including places like the Tablelands, Douglas and Burdekin. It shows Australians are increasingly considering a broader range of regional communities when deciding where to live, with the benefits of regional living extending beyond popular coastal towns and inland communities.
“Our recent Regional Population Planning report found that regional growth has outpaced government projections by 114,000 people over the past decade. With more Australians choosing regional communities, we need population planning that anticipates growth and ensures housing, infrastructure and essential services keep pace.”