Net migration by age
The age group with the highest net migration in Yagoona is 20-24 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 Canterbury Bankstown depending on their housing markets and stage in the suburb life cycle.
Major migration assumptions:
- A loss of families owing to a lack of opportunity to develop family style housding over the period
- Significant gain in young adults (18-29 years), with the development of higher density housing likely to appeal to younger and smaller households
- Loss of empty nesters and retirees (55-74 years)
- A gain of persons aged 80+ over the short to medium term owing to the development of additional aged care facilities and independent living units,