2021-12-13 GC Agenda - Item 8 -Attachment 1 - Housing Needs Assessment

Figure 10 Net internal migration to Queensland since 2019

 12000



 10000



  8000



  6000



  4000



  2000



      0
          Jun-19       Sep-19        Dec-19        Mar-20     Jun-20        Sep-20       Dec-20        Mar-21

Source: ABS, Regional internal migration estimates


Regional Movers Index11 is defined as movement of Commonwealth Bank of Australia personal
customers from capital areas to regional areas. This is customers changing their addresses as stored
in CBA technological systems, providing they had stayed at their previous address for 6 months prior
to moving to be counted. It maintains that population flow from capital cities to regional areas has
grown strongly over the past year and that the latest level of movement is the largest since early
2018.
The ABS reports that the SA4 of Sunshine Coast (of which Noosa is part) received a net gain of
6,230 people through internal migration in the 2019-20 financial year.12
In the March 2021 quarter, Noosa Shire saw the largest growth in inward migration from capitals
among all LGAs, at 49%. The real estate industry is also reporting a large proportion of new residents
from interstate (particularly Melbourne) given the impact of COVID19 on the liveability of their home
city.
          Demographic experts, .id Informed Decisions, recently reviewed the inward and outward
          movements to and from Bass Coast in Victoria, a destination with some relevant similarities
          with Noosa Shire. Many of the coastal villages, particularly on Phillip Island, are characterised
          by large numbers of holiday and second homes. Traditionally it gains families with children
          as well as empty nesters and retirees. These in-migration flows are countered by a loss of
          young adults aged 18-24 years to larger urban centres in search of education, employment
          and entertainment.
          Since 2016 in-migration has been increasing, and fewer departures (most noticeably in
          2020). People already living in coastal and regional areas stayed put rather than move to




11 Regional Australia Institute and the Commonwealth Bank of Australia (28 June 2021) Regional Movers Index

12 ABS (23/04/2021) Migration, Australia: Statistics on Australia's international migration, internal migration
(interstate and intrastate), and the population by country of birth - Reference period 2019-20 financial year.


Noosa Housing Needs Assessment 2021                                                                   Page 28