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City of MonashPopulation forecast

City of Monash

Net migration by age

The age group with the highest net migration in City of Monash is 15-19 year olds, this is forecast to occur in the period between 2021 to 2026.

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 Monash depending on their housing markets and stage in the suburb life cycle.

Major migration assumptions:

  • Some gain of second and third home buying families (aged 5-14, 35-49 years)
  • Large gain of tertiary students in their late teens and early twenties (attracted to Monash University)
  • Loss of home leaving young adults and tertiary students who have completed their courses (early to late twenties)

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