City of Knox
Net migration by age
The age group with the highest net migration in the City of Knox is 40-44 year olds, this is forecast to occur in the period between 2016 to 2021.
Migration is one of the most important components of population change. Once you have established the amount of development activity in an area, the next step is to make assumptions about who will move into the area as well as who is leaving the area.
Net migration by age is an excellent way of understanding housing markets. The most mobile age groups in the population are young adults. They tend to move to attend educational institutions, seek work and express a change in lifestyle. Market research has shown that empty nesters are more likely to move to smaller accommodation when appropriate and affordable alternative housing is supplied in the local area that is accessible to established social networks.
Select each small area to see how migration patterns differ for each area across City of Knox depending on their housing markets and stage in the suburb life cycle.
Migration assumptions influenced by:
- Attraction of families (0-18 and 30-39 years), with some new development opportunities in parts of the City and the regeneration of other parts as areas continue to move through the suburb lifecycle, with older 'empty-nester' households moving out of the family home and providing a supply of older dwellings for families to move into, so regenerating the area
- Loss of empty nesters and retirees (50-69 years)
- Increasing loss of older people through migration over the period (70+ years), as people age within the community and older retirees form an increasingly large proportion of the population. Migration of older persons is triggered by the wish to down-size, or to move into retirement complexes; there will also be a sizeable proportion of people of advanced years moving into aged-care