With autumn selling season upon us, and millions more buyers on realestate.com.au when compared to this time last year, many Aussies will soon be on the move, but where will they be moving to?
Australia Post data reveals which suburbs people are moving to when they move out – and it appears we aren’t going far at all, with most people simply moving to a neighbouring suburb.
“Overall, it shows us that we like to stick to where we know,” says realestate.com.au’s Chief Economist, Nerida Conisbee.
There’s a multitude of reasons why we move out and move on. It could be time to upsize or downsize. It could be financial, or you may simply want a tree change.
Not only are people moving close by, but the data shows they also often moved to high development areas where buyers and renters have the chance to live in a new home in an up-and-coming suburb.
Across the country, it appears that Queensland had the most migrators with a total of 305,277 people making their way to a new home.
So, looking across the country, what are the most popular suburbs in each state to move to and where are they coming from?
3 Gall Place, Kambah is an example of one of the houses currently on the market. Picture: realestate.com.au/buy
It was Kambah that attracted the most new arrivals in the ACT and the majority of them came from Wanniassa – a neighbouring suburb with a similar median property price of approximately $590,000.
In total, 241 movers left Wanniassa and went to Kambah.
Track your property and see its market value before deciding to sell and move on.
Calling residents of Castle Hill: 34 Lowan Place, Kellyville is up for grabs. Picture: realestate.com.au/buy
In NSW, the most mail was being forwarded to Kellyville, which is 36km north-west of Sydney’s CBD.
The popular suburb had the most arrivals from Castle Hill, which is only an 11-minute drive away.
A similar lifestyle, but home buyers are saving by moving to this neighbouring ‘burb where the median property price is $1.1m as opposed to Castle Hill’s $1.34m.
And while people are moving from Castle Hill, the data also reveals it’s one of the most popular suburbs to move to, with 14,756 forwarding their mail there between 2014 and 2019.
24/5 Cardona Court is one of the apartments residents of Larrakeyah could move to. Picture: realestate.com.au/buy
In the NT, Darwin City was the most migrated to suburb and the most migrators came from Larrakeyah.
These are neighbouring suburbs, in fact, just a nine-minute drive away from each other. However, residents will save $46,500 on the median price of a home by moving to Darwin City instead of Larrakeyah.
This apartment at 1/59-63 Golf Links Road shows off Buderim hinterland. Picture: realestate.com.au/buy
The Sunshine Coast hinterland hotspot of Buderim was the most migrated-to suburb in Queensland, according to the Australia Post data.
A total of 16,828 people forwarded their mail to the suburb, with the majority of those coming from nearby Mountain Creek.
The moving trucks didn’t need to go far, with the two suburbs just a four-minute drive apart.
3 Charlotte Drive, Morphett Drive is a lovely family home currently on the market. Picture: realestate.com.au/buy
Morphett Vale in South Australia was the most moved-to suburb in the state.
The most mail was bring redirected from Woodcroft, a neighbouring suburb.
However, savvy homeowners here are making quite the saving by moving to Morphett Vale: the median property price is $300,000 as opposed to $410,000 in Woodcroft.
58 Redwood Road, Kingston is currently on the market for $453,000. Picture: realestate.com.au/buy
In Tassie, Kingston attracted the most migrators and the majority of these came from Blackmans Bay. 601 movers came over from this suburb to make a new life in Kingston, according to Australia Posts’s data.
These neighbourhoods are only a six-minute drive away from each other and a considerable saving can be made by making the short transit – $83,500 in total.
Melbourne CBD had the most migrators in Victoria. Picture: David Caird.
Living in both suburbs would offer a similar lifestyle: apartment living, top hospitality spots on your doorstep, and views of the cityscape. However, the median price differs; Southbank is $580,000 and Melbourne is $475,000.
43 Kookynie Loop is one of the newly built properties available in Baldivis. Picture: realestate.com.au/buy
In Western Australia, it was Baldivis that had the most migrators who predominantly came from Port Kennedy, an 11-minute drive away.
The suburb is relatively new, compared to other Perth metro suburbs, and boasts many newly built homes.
In the five-year period, 958 people left Port Kennedy for Baldivis which has a similar median property price of $375,950.
The number of movers in this article are based on people which used the Australia Post mail redirection service between March 2013 to December 2019.The median sale price and weekly rent in this article is based on Hometrack data as of January 2020.
This article was originally posted on Realestate.com.au