Net migration by age
The age group with the highest net migration in Braidwood 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 Queanbeyan-Palerang Regional Council depending on their housing markets and stage in the suburb life cycle.
Major migration assumptions:
- Relatively stable migration profile throughout the forecast
- Gain of young adults aged 20-34 years with children aged 0-4 years
- Some gain of established families aged 35-44 years
- Slight gain of mature adults and empty nesters aged 45-54 years
- Gain of early retirees and retirees aged 60-69 years with little change in net migration of older age groups