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Priced out of paradise: Why more Australians are moving south

By Shane Wright

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Priced out of paradise: Why more Australians are moving south

Data from the Australian Bureau of Statistics, however, shows that while people continue to leave NSW, there has been a turnaround in the attractiveness of both Victoria and Queensland.

Through the first three months of the year, a net 4238 people moved to Queensland from other parts of the country. It was the smallest quarterly result since 2016.

Victoria recorded a net influx of 440 interstate migrants, the first positive quarter since the end of 2019.

Melbourne itself drew a net 940 people moving from other states and territories. Brisbane’s net interstate migration fell below 2000 for the first time since COVID.