Net migration by age
The age group with the highest net migration in Bayswater North is 25-29 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 Maroondah City depending on their housing markets and stage in the suburb life cycle.
Major migration assumptions:
- Stable migration profile expected across the 2016-2041 period
- Strong gain of young adults (20-29 years)
- Some gain of young families (0-4 and 25-29 years)
- Loss of mature families (5-14 and 30-54 years)
- Loss of 'empty-nester' and retiree age groups (55-79 years)
- Little change through migration expected in age groups 80+