Rishi Bajaj’s Post

Brisbane, the capital city everyone is clamouring to get to. Sunshine, growth, new developments, Queens Wharf, the Olympics and a burgeoning economy! Just a few of the reasons Brisbane has enjoyed a migration boom. But……… are we about to see, or are we seeing, an end to this? Could we be entering a perfect storm of job opportunities vs a dwindling population? Recent analysis by the University of Queensland and relocations platform Muval have shown that Queensland and Brisbane in particular account for over half of the top 20 Australian regions recording a net loss of people. Why? Soaring House prices are triggering an exodus….. Once a magnet for families running from the astronomical cost of Sydney and Melbourne properties, with the added climate bonus, Queensland was a haven for big spending interstaters. Now? Melbourne is on par with Adelaide as the most affordable major capital with the largest population net gain. So what could this mean for Brisbane and S.E Queensland in particular? As mentioned and simply put, a lack of people plus increased job opportunity is a major headache for the state. Infrastructure development, renewable energy projects and the behemoth of the 2032 Olympics will generate a jobs boom and we need the best talent supporting them. No simple quick fix here but… please don’t leave and p.s the suns still shining so please come back!! Contact us for market updates and the best talent in procurement, supply chain and operational / project leadership (we just might have to look further afield to find it for you!!) sean@recruitadvise.com / 0422 184 378

Demand for property in Australia’s regional centres is tipped to continue as new data reveals the number of people leaving city areas is on the rise. The Regional Australia Institute’s (RAI) Regional Movers Index for the September quarter shows more than a third of those moving (35.6%) are going from a capital city to a regional area. RAI CEO Liz Ritchie says few people are moving in the other direction, as strong job markets across regional Australia and affordable property markets make regional living more desirable. She says the population flow into regional Australia is at its highest level since March 2022 and 80% above the pre-COVID-19 average. The top five locations for regional movers from capital cities are the Sunshine Coast, Gold Coast, Greater Geelong, Moorabool and Lake Macquarie. Ritchie says it is important that governments help regional centres cope with the growth. “It’s vital this demographic shift is recognised, and regional communities are provided with the infrastructure, services and support they need. As a nation, we must acknowledge that we are in a new era of migration where regional Australia is at the forefront,” she says. “Regional Australia is growing, and for that to continue we need adequate foundations. The time to lay them is now.” #BuyersAgent #PropertyExperts #SunshineCoastRealEstate #MarketUpdate

The Sunshine Coast has surged ahead as one of the most coveted regions for movers accounting for 17.5% of all net internal migration over the last year, according to the latest Regional Movers Index by the Regional Australia Institute. But when it comes to hotspots Western Australia continues to gain popularity. In the last 3 months, regional net internal migration has increased 4.6% to its highest level since September 2022 and 13.8% above the pre-COVID average. The regional migration boom is not slowing down in popularity or growth, as more people seek the benefits of regional living. RAI CEO Liz Ritchie said “The lure of regional living remains strong, with 25% more people moving from the city to the regions, than back in the opposite direction.” The appeal? More space, more time, and more affordability. Want to know more about the Regional Movers Index? Check it out the media release here: https://lnkd.in/ekjK8BDH. The Regional Movers Index is a quarterly report prepared by the Regional Australia Institute in partnership with Commonwealth Bank presenting fresh analysis of movements between Australia's regions and capital cities. #boomtown #regionalmoversindex #regionalaustralia #regionalaustraliainstitute #rethinkregional #regionalmedia #movetomore #rebalancethenation #regionalisation

Australian Bureau of Statistics (ABS) data has highlighted the economic growth being experienced on the Sunshine Coast, with recent data showing a 35% increase in companies employing over 20 workers. This increase is greater than other regional business hubs like the Gold Coast, Geelong, Newcastle and the Hunter Region. And there’s plenty more where that came from. Sunshine Coast businesses reporting turnovers in the range of $5 million to $10 million increased by 47%, underscoring the Sunshine Coast's evolution into a formidable economic force. The Sunshine Coast is one of Australia's most coveted commercial destinations, a status that has been driven by substantial investment in infrastructure and the council’s strategic development of a master-planned city centre in Maroochydore. Beyond economic metrics, the Sunshine Coast has emerged as a beacon for talent and innovation and is attracting a growing number of skilled professionals. The availability of a skilled workforce has strengthened the Sunshine Coast’s allure as a preferred destination for tech companies, startups and knowledge-based industries. This influx of businesses and talent not only bolsters the local economy but also enriches the fabric of the community, promising a dynamic future for the Sunshine Coast as it continues to thrive in the national and global business landscape. Read the full story at Sunshine Coast News >> https://hubs.la/Q02D-pDT0 Walker Corporation #MaroochydoreCBD #InvestSunshineCoast #SmarPlaceForBusiness

Regional Australia is truly the nation’s new frontier.   The latest Regional Movers Index (RMI) confirms regional Australia as the nation's destination of choice with data showing that while city dwellers are continuing to relocate out of metropolitan areas, regional Australians are increasingly staying put. The September Quarter report reveals the significant shift in population dynamics, indicating city-to-regional relocations are 19.8% above the pre-Covid average and 1.8% above the average recorded during the height of lockdowns. "With the continuing strong jobs market across regional Australia, increasing city property prices and ongoing cost-of-living pressures, it’s no surprise the regions remain desirable,” Liz Ritchie, CEO of the Regional Australia Institute, said. The RMI is a partnership between the Commonwealth Bank and the Regional Australia Institute, which analyses quarterly and annual trends in people moving to and from Australia’s regional areas. Read the full report: https://lnkd.in/geWdt_A2

Australian Bureau of Statistics (ABS) data has highlighted the economic growth being experienced on the Sunshine Coast, with recent data showing a 35% increase in companies employing over 20 workers. This increase is greater than other regional business hubs like the Gold Coast, Geelong, Newcastle and the Hunter Region. And there’s plenty more where that came from. Sunshine Coast businesses reporting turnovers in the range of $5 million to $10 million increased by 47%, underscoring the Sunshine Coast's evolution into a formidable economic force. The Sunshine Coast is one of Australia's most coveted commercial destinations, a status that has been driven by substantial investment in infrastructure and the council’s strategic development of a master-planned city centre in Maroochydore. Beyond economic metrics, the Sunshine Coast has emerged as a beacon for talent and innovation and is attracting a growing number of skilled professionals. The availability of a skilled workforce has strengthened the Sunshine Coast’s allure as a preferred destination for tech companies, startups and knowledge-based industries. This influx of businesses and talent not only bolsters the local economy but also enriches the fabric of the community, promising a dynamic future for the Sunshine Coast as it continues to thrive in the national and global business landscape. Read the full story at Sunshine Coast News >> https://hubs.la/Q02D-mVt0 Walker Corporation #MaroochydoreCBD #InvestSunshineCoast #SmarPlaceForBusiness

🚀 Opportunity Alert: Perth's Booming Market 🚀 As Perth experiences an unprecedented population surge, driven by record net overseas migration and strategic state government initiatives, we're witnessing a significant shift in the city's economic and housing landscape. This presents a unique moment for savvy investors looking to capitalise on emerging opportunities. 🌐 Population Growth: Western Australia's aggressive recruitment efforts, including bringing over 5,000 healthcare professionals from India, are a testament to the region's growth ambitions. This population influx is accelerating demand across various sectors, notably housing, creating vast opportunities for development and investment. 🏗️ Infrastructure Development: To support this rapid growth, Perth is on the brink of a major infrastructure boom. From healthcare facilities to transportation and public services, the expansion is set to enhance the city's livability and economic resilience. For investors, this means a ripe market for both direct and ancillary investments in construction, services, and technology. 📈 Employment Opportunities: With the state government's focused efforts on filling employment gaps, particularly in healthcare, we're seeing a ripple effect across the economy. Increased employment drives consumption, housing demand, and overall economic activity, setting the stage for robust investment returns in both commercial and residential real estate, as well as in local businesses. As Perth leads the nation with soaring house prices and rents, the clear message is that demand is outstripping supply. This imbalance underscores the urgent need for increased housing and infrastructure development, representing a golden opportunity for investors. Let's seize the moment to invest in Perth's growth story. By focusing on sectors directly benefiting from these trends—real estate, construction, healthcare, and technology—we can contribute to the city's development while achieving outstanding investment returns. #InvestmentOpportunity #PerthGrowth #RealEstateInvestment #InfrastructureDevelopment #EconomicGrowth

Miss These Hotspots, Miss the Boom! ↳Where to Invest in 2025. Every investor has a different take on where the “next big thing” will be. Here’s what we’re seeing: 💰 The $650K - $850K Sweet Spot - Opportunities under $700K are vanishing fast, and by next year, they’ll be even harder to come by. The game is shifting. 🏡 Regional Coastal Hotspots - Expect regions like the Sunshine Coast, Central Coast, and South Coast NSW to reignite. - Townsville and Hervey Bay in Queensland are also heating up, thanks to above-average infrastructure spending. 🔑 What We Look For: - Infrastructure investment that drives local economies - Jobs and population growth - Affordable lifestyle + education options These are the fundamentals. Get them right, and the returns follow. This next one I've really got my eye on... 🚀 Sydney’s Three Cities Plan - Sydney’s Western Corridor, anchored by the new airport, and the Central River Precinct (Parramatta) are at the centre of future growth. - By 2036, Sydney will offer 20-minute lifestyles across three hubs. Melbourne and Brisbane are following similar models. 📉 Has Perth Peaked ? - Perth has had its run, but the East Coast is where the next major cycle will unfold. What should you do? Do what you can today with what you have to get into these markets guys!! The market is shifting, and those who pivot early will profit most.

Have you noticed the growing trend of people moving from cities to regional areas? The latest Regional Movers Index by Regional Australia Institute reveals that metro-to-regional relocations are now 20% higher than before the Covid pandemic. Regional NSW, Queensland, and Victoria are the top choices, accounting for 97% of these moves. The areas within a 150km radius of a capital city seem to be favored for their blend of accessibility and relaxed living. Check out the statistics below. 

The latest Regional Movers Index reports that the Sunshine Coast held onto its status as the most popular destination for Australian movers for the sixth consecutive quarter. City dwellers are drawn to regional areas near a capital city, with the Top Five regions all within a 150-kilometre radius of their closest city. The Sunshine Coast took out the top position with an 11.8 per cent share of net capital to region migration. As I have noted previously, it's great for the Sunshine Coast to be seen as an attractive place to live and work but this also comes with issues - it's not all sunshine on the Sunshine Coast. House prices are up 72% in 4 years which makes it difficult for many people to rent or buy here and this will have an impact on businesses' ability to recruit and retain staff. It's a great place to be and has a very bright future but we must keep highlighting the need for rapid action and investment in affordable housing, transportation and infrastructure to keep up with this growth. The Regional Movers Index is a partnership between the Commonwealth Bank of Australia and the Regional Australia Institute. The latest report is available here: https://rb.gy/9o8x0a