City
Epaper

Australians moving away from cities to rural living: Poll

By IANS | Published: September 17, 2021 3:18 PM

Canberra, Sep 17 A survey released on Friday showed that an ever-growing number of Austral are moving away ...

Open in App

Canberra, Sep 17 A survey released on Friday showed that an ever-growing number of Austral are moving away from the nation's biggest cities in favour of rural living.

The Regional Movers Index (RMI) showed a national 11 per cent increase in people leaving the "big smoke" to set up house in country areas, reports Xinhua news agency.

The data, collected by the Commonwealth Bank of Australia (CBA) and the Regional Australia Institute (RAI), compared figures from the June quarter of 2021 to those of the same period in 2020.

The exodus was most notable in the nation's two biggest cities, Sydney and Melbourne, both of which have endured the nation's longest Covid-19 lockdowns.

The only capital city to go against the trend was Perth in Western Australia which had a slight population increase from its regional areas.

Explaining the demographic switch, CBA senior executive and RAI council member Grant Cairns said regional areas were becoming a "more realistic option" due to the continued rise in house prices in capital cities along with the increase in flexible work options which often means people no longer must commute to their offices.

"The experience of lockdowns is front of mind for Victor, so the desire to seek a tree change is rapidly growing," Cairns said.

"It is positive to see the development of infrastructure, particularly in regional areas, is growing to meet the increased demand."

Cairns noted large regional cities, such as Geelong in Victoria, were undergoing major building projects and industrial developments including new offices, hotels, and education facilities.

RAI chief economist Kim Houghton said the data identified "regional areas which are emerging as desirable destinations for capital city residents, enabling local leaders and business owners to prepare for a burst of population growth".

"We can also see that the number of regional residents choosing to stay put has increased, which is likely to be contributing to the housing squeeze in some areas," Houghton said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Commonwealth BankGrant cairnsKim houghtonXinhuaSydneyCanberra
Open in App

Related Stories

EntertainmentCheck Out: Maheep Kapoor treats fans with sneak peek into Sydney trip

CricketWatch: Pat Cummins and team receives cold reception upon arrival in Australia after Cricket World Cup 2023 win

InternationalGreece braces for first summer heat wave

PoliticsSudan govt willing to work with all parties to end conflict

InternationalCyprus prepares for emergencies in face of approaching heat wave

Politics Realted Stories

NationalPM Modi Lies About Muslims Having More Children, Fertility Rate Declined in the Community, Says Asaduddin Owaisi (Watch Video)

MaharashtraDevendra Fadnavis Refutes Uddhav Thackeray's Claims: 'He Might Be Hallucinating'

MaharashtraSunetra Pawar Files Nomination Papers For Baramati Seat; Here's Why Ajit Pawar Was Not Present

NationalRam Navami Processions in West Bengal Will Proceed with Full Reverence and Devotion, Says PM Modi (Watch)

PoliticsEvery Vote Given To The Congress in the LS election Would Be a Vote for Economic Bankruptcy, Corruption, and Insecurity in the Country”: BS Yediyurappa