Net migration by age
The age group with the highest net migration in Concord is 35-39 year olds, this is forecast to occur in the period between 2026 to 2031.
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 Canada Bay depending on their housing markets and stage in the suburb life cycle.
Major migration assumptions:
- Gain of older families (10-14 and 30-44 years). The fact that there is a large gain in adults compared to children may reflect that a portion of adults moving to the area are childless, but also indicates that larger families (with two or more children) are moving out of the area, and being replaced by smaller families (with one or two children), who are similarly attracted into new housing within the area.
- Small loss of young adults (18-29 years)
- Loss of empty-nesters and retirees (50-69 years)
- Loss of older age groups (80+ years)