When looking at the thousands of interstate migrants relocating to Queensland, there is a clear preference for the beachside lifestyle, with the Gold Coast and Sunshine Coast being favoured over Brisbane.
These two regions have offset the impact of the mining turndown with significant local infrastructure, job growth and the 2018 Commonwealth Games.
Queensland’s best seachange locations, such as these two, have been favourite destinations for downsizers looking for a more relaxed life.
As this is the first time since 2008 that the Gold Coast had such a substantial premium to Brisbane, it is expected that this might be a sign of a huge wave of downsizing expected to unfold over the next two decades across Australia.