Millennial migration set to supercharge Sunshine State

It used to be that most people dreamed about retiring to Queensland, where there is a warmer climate, lifestyle attributes, and more affordable property.

According to the Australian Bureau of Statistics, about 40 per cent of the State’s population is retirees, however, I believe that statistic will soon start to change.

That is because, the current influx of thousands of people into the Sunshine State every week, which actually began pre-pandemic, has plenty of room left to run in my opinion.

Throughout recent history, Queensland has always welcomed the lion’s share of interstate migrants, with some boom periods occurring often when the gap between property prices in the north and south are significant.

We saw this starting to occur a few years ago, after the strong price growth in Sydney had subsided and many people, and younger ones in particular, started to assess where they could achieve their property ownership dreams outside of our nation’s most expensive city.

Since that time, there have been hundreds of thousands of people migrate interstate to Queensland, however, a steady number were also leaving for southern cities at the same.

Since the pandemic began, though, there has been a steady increase in the numbers of interstate migrations into the State, with fewer people appearing to leave – however, that may be due to closed borders.

That said, with working from home now a possibility for many more people than before, I believe that the historical exodus from Queensland will reduce, while at the same time the influx of new residents will gather pace.

The great migration north

Let’s consider the latest official data from the Australian Bureau of Statistics to better understand these migration patterns.

Now, it takes a while for these statistics to be released, so they do seem a little “old” already, but they are a good indicator of what was already well under way at the start of this year.

According to the ABS, during the March 2021 quarter, 104,100 people moved interstate, which was 16,400 (or 19 per cent) more than in the March 2020 quarter.

The number of interstate migration movers was also the highest for a March quarter since 1996.

In Queensland, there were 28,500 interstate arrivals, a similar number to the previous quarter.

The situation is even more stark when we look at the results at a capital city level over the March quarter, though, which saw Brisbane gaining the most people in net migration, up 3,300, but Melbourne posting a net loss of 8,300 and Sydney posting a net interstate migration reduction of some 8,200 people.

Affordable calling-card

These statistics were from the start of this year when property prices hadn’t surged by double digits across most cities.

However, while mostly everywhere has seen a significant increase in property prices since then, the more affordable locations, such as most areas in Queensland, can still be classed as such compared to Sydney and Melbourne.

Just consider that the median house value in Sydney is now $1.33 million, in Melbourne it is $972,000, but in Brisbane it is about $731,000.

It is clear that younger people are prepared to move to achieve their property ownership dreams, but many also now have more portable jobs that they can do from anywhere with a decent internet connection.

Indeed, a recent reader poll by Fairfax found the main reason (38 per cent) that people would move to Queensland was for lifestyle/work-life balance reasons, followed by housing affordability (28 per cent) and, interestingly, the state’s COVID-19 response (14 per cent). Only three per cent of respondents said they would move to the Sunshine State for employment.

The tired old cliché about the Sunshine State being a retirement haven has not been true for a long while – especially with its multibillion-dollar major infrastructure program that has been under way for a number of years already.

There is no question in my mind that the millennial migration north is well under way, with no signs that it will slow down anytime soon as well.

High-Performance Property Investment in
5 Simple Steps

In this free guide, you will learn how to Implement the same strategies that led me to build a $3.5 million dollar portfolio in less than six years. – Daniel Walsh

Related Post


Respecting your Privacy

Your Property Your Wealth Pty Ltd (YPYW) is committed to supporting the Australian Privacy Principles for all fair handling of Personal Information which set clear standards for the collection, use, disclosure, storage of and access to Personal Information collected during the course of business operations and compliance with the Privacy Act 1988 (Commonwealth) and its amendments (the Act), and the Australian Privacy Principles (APPs) set out in that Act. You can see the full text of the APPs online at the Office of the Australian Information Commissioner’s website at:

Personal Information means your name, mailing or residential address, telephone number, email address and other transaction and registration details including the company you work for and your role and financial information, including credit card information and information collected from credit reporting agencies.

Our respect for your rights to the privacy of your personal information is paramount.  We have policies and procedures in place to ensure that all personal information, no matter how or where it is obtained, is handled sensitively, securely and in accordance with the APPs.

This Privacy Policy sets out:

  • What sort of personal information is collected and stored;
  • How information is collected and used;
  • What happens if you choose not to provide the required information; and
  • How you can request access to the personal information we hold about you.

From time to time it may be necessary for YPYW to review and revise this Privacy Policy. We reserve the right to change our policy at any time. Amendments or replacements of the Privacy Policy will be posted on our website.

Collection of Your Personal Information

We only collect personal information relevant to our business relationship with you so that we can provide our services and products. We may collect your personal information:

  • directly from you including via telephone, email or facsimile;
  • when your register on our website;
  • when you place an order or service request with us;
  • where you access and interact with our website;
  • from other sources including a third party such as credit reporting; and
  • any correspondence we receive from you.

Is your personal information secure

Where you submit personal information, we manage it by using up-to-date techniques and processes that meet current industry standards to ensure that your personal information is kept secure and confidential. We also take measures to destroy or permanently de-identify personal information if it is no longer required.

Use and Disclosure of Personal Information

You acknowledge and consent that by providing your personal information to us that we may use and disclose your personal information for the purpose for which it was collected or for a related or ancillary purpose such as:

  • supply of our services and products to you in accordance with our Terms and Conditions and any agreement entered into with you, to facilitate, process, carry out and respond to your request;
  • to our third party service providers to assist us in providing and improving our services and products to you and developing, improving and marketing our services and products to you;
  • for regulatory reporting and compliance with our legal obligations, to various regulatory bodies and law enforcement officials and agencies to protect against fraud and for related security purposes;
  • to the seller or supplier of any products to you for the purpose of ascertaining and obtaining any information required to perform our services for you;
  • to identify you and conduct appropriate checks, including credit checks;
  • set up, administer and manage our services and products and systems, including the management and administration of an account;
  • to train and develop our staff to better provide services to you;
  • to contact you; and
  • to our successors and/or assigns

What happens if you do not want to disclose personal information?

You have no obligation to provide any personal information requested by us, but if you choose to withhold personal information, we may not be able to provide you with the products and services that depend on the collection of that information.

Removing your personal information

You may contact us at any time in writing and request that we remove and delete your stored personal information.

Providing Personal Information About Another Person

You represent to us that where you provide personal information to us about another person, you are authorised to provide that information to us, and that you will inform that person who we are, how we use and disclose their information, and that they can gain access to that information.

Linked Sites

YPYW’s website may contain links to websites which are owned or operated by other parties. You should make enquiries as to the privacy policies of these parties. We are not responsible for information, or the privacy practices of such websites.

How can you access your personal information?

You may in writing request access to personal information that we hold about you. We will provide you with access to personal information in accordance with the Act and APPs and we may not grant you access to the personal information that we hold where the APPs allow us to do so. If you are refused access to information, we will provide you with reasons for the refusal in writing.

How to contact us

If you have any questions in relation to privacy, please contact us on 0490 912 045 or email Daniel Walsh – For more information about privacy law please visit

High-Performance Property Investment in 5 Simple Steps

In this free guide, you will learn how to Implement the same strategies that led me to build a $3.5 million dollar portfolio in less than six years. – Daniel Walsh