Country and coastal towns feel the pressure as city exodus continues
The Regional Australia Institute says the nation is unprepared for this shift with housing supply a key issue
The Regional Australia Institute says the nation is unprepared for this shift with housing supply a key issue
More Australians are choosing a life in the regions as local employment opportunities grow and the work-from-home era enables young families to leave expensive metropolitan housing markets for a new lifestyle on the coast or in the country where homes are more affordable.
The Regional Australia Institute (RAI) estimates 3.5 million Australians would like to set up a new life in the regions but we are unprepared for this population shift. The RAI says many regional towns are already struggling to meet the needs of their growing populations, especially in terms of housing supply and essential services like childcare and education.
“A significant societal transformation is underway in Australia,” said RAI CEO Liz Ritchie. “More people are choosing a life in the regions, and metropolitan to regional relocations remain almost 12 percent above the pre-COVID average. With all those additional people calling regional Australia home, we must now ensure that they are able to access the services they need to lead safe, productive, fulfilling lives and contribute to the nation’s success.”
The Federal Government’s newly released State of Australia’s Regions 2024 report reveals key insights as to how the country’s regional areas are changing. It notes significant population increases since the pandemic, especially around coastal cities, and strong economic growth. This is creating more jobs — so much so that regional areas are finding it difficult to fill vacancies.
Job advertisements in regional Australia more than doubled over the four years to October 2023 amid the best three years of agricultural, fisheries and forestry production on record. The tourism industry has also expanded, with more than 100,000 tourism-related businesses now operational across the regions. This is providing a direct economic boost to other local businesses as more visitors flood in. The report also notes that Australia’s net-zero ambitions will require 213,000 new clean energy jobs by 2033, and more of them will be in the regions than the cities.
Ms Ritchie said regional housing supply constraints are already “putting a handbrake on our nation’s growth and prosperity”. Regional areas have as much of a supply issue as the cities, with home values soaring at a greater rate than the capitals, and rental vacancies just as low at an average of 0.8 percent, according to the latest data from Domain. The RAI says that between March 2020 and December 2023, the median value of regional dwellings grew by 54.2 percent from $392,802 to $605,780. By comparison, capital city dwelling values increased by 29.3 percent from $643,540 to $832,193.
“While it is still more affordable to buy in the regions, for now, there is no third option if locals or metro-movers are priced out of the market, and supply fails to meet demand,” Ms Ritchie said.
Last Friday, RAI co-hosted a National Regional Housing Summit in Canberra attended by 300 industry insiders and government figures including the Federal Minister for Housing. The RAI said one of the issues highlighted was the need for housing diversity, especially medium-density developments. RAI analysis reveals that apartments make up just 2-3 percent of the total housing stock in some regional markets compared to more than 42 percent in metropolitan areas.
“Our regional communities are crying out for one- and two-bedroom properties. Workers need easily accessible and affordable accommodation, older people want to leave their large properties for easier-to-maintain apartments, and a lot more people could get into the property market if there were more entry-level options on the market,” Ms Ritchie said.
“In the NSW city of Dubbo, construction is underway on a 15-storey apartment block. This isn’t the sort of development you’d normally expect in an inland community, but it shows that demand for this type of housing is certainly there,” she said.
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A two-level penthouse atop Burleigh Heads’ award-winning Norfolk development has hit the market for the first time, offering sweeping ocean views and a private rooftop pool.
One of Burleigh Heads’ most architecturally significant penthouses has hit the market for the first time since its completion five years ago.
The listing provides the first real look inside the two-level penthouse crowning Norfolk, Forme’s award-winning Goodwin Terrace development which was completed in 2021.
The penthouse sold off the plan for $5.35 million around 18 months before construction was completed and has remained tightly held ever since, meaning its resale offers the first insight inside one of Burleigh’s most architecturally impressive apartment buildings.
The four-bedroom residence spans approximately 461 sqm, comprising 276 sqm of internal living and a further 185 sqm of outdoor space across its two levels.
Its position on Goodwin Terrace gives the penthouse one of the Gold Coast’s comparatively rare true north-to-water aspects, with views stretching from Burleigh Headland along the coastline towards the towers of Surfers Paradise. Floor-to-ceiling glazing has been used extensively throughout the residence, framing the ocean outlook from almost every principal living space.
Forme, led by Managing Director David Calvisi, acquired the prime 1,012 sqm site, formerly home to The Fish House restaurant, before developing Norfolk as the first new multi-residential project delivered on Goodwin Terrace in around three decades.
The strength of the location was clear. The more unusual proposition was the building itself.

Forme appointed Koichi Takada Architects to design the 10-level development, marking the practice’s first Gold Coast building. Rather than treating Norfolk’s beachfront setting as a backdrop, Takada used the Norfolk Island pines along the foreshore as the basis for the architecture.
Curved balcony slabs and horizontal battens create the building’s distinctive layered exterior. Sliding timber screens can be repositioned for privacy, shade and protection from the coastal conditions, continuously changing the appearance of the façade.

Takada has compared the concept to the structure of a pinecone, whose overlapping layers open and close according to environmental conditions. In an earlier account of the project, the architect said the objective was to celebrate the site and create a stronger connection between the residences and the elements outside.
The response helped turn Norfolk into an architectural marker for Burleigh’s transformation.
Norfolk comprises 12 half-floor apartments, two dual-level penthouses and one two-level beach house. MIM Design created the interiors, Hutchinson Builders undertook construction and Plus Architecture supplied documentation services for the builder.
Inside Residence 901, MIM Design’s restrained palette brings together timber, natural stone and tailored joinery without competing with the outlook. Travertine surfaces have subsequently received paint-protection film, while the home is being offered with a custom furniture package.
A private lift opens directly into the main living level. Living, dining and media spaces are arranged along the view, accompanied by a concealed bar and a broad north-eastern terrace.
The kitchen has an oversized stone island, European appliances and bespoke cabinetry, supported by a butler’s pantry and separate scullery. An integrated RTI system controls lighting, climate, fans, security, entertainment and audio using in-home touchscreens or a smartphone application.
The principal suite occupies a private wing with ocean views, a dressing room and ensuite. Two additional bedrooms have their own ensuites, while a fourth bedroom can operate as an executive study. A concealed Murphy bed allows that room to accommodate guests when required.
The rooftop is what moves the residence beyond even a generously proportioned beachfront apartment.
Reserved exclusively for the penthouse, it contains a heated lap pool, landscaped gardens, several entertaining areas and an alfresco kitchen with a built-in barbecue. An integrated outdoor cinema allows the rooftop to function as an open-air screening room above the Pacific.

Four side-by-side secure car spaces, dedicated electric-vehicle charging and private storage address practical constraints often encountered by prestige-apartment buyers. The parking allocation is particularly relevant for owners moving from a large house or maintaining a car collection.
Norfolk’s wider amenities include a beach-club-style residents’ area, swimming pool, gymnasium and sauna. Burleigh Beach is directly opposite, while James Street, Burleigh Head National Park and restaurants including Rick Shores and The Tropic are within walking distance.
The building’s reputation has also moved well beyond its beachfront address. Norfolk received both jury and popular-choice honours in the mid-rise multi-unit housing category at the 2022 Architizer A+Awards. It won a Queensland Australian Institute of Architects award for multiple housing and was named the 2022 Medium-Density Residential Development of the Year by The Urban Developer. Further recognition came from the Master Builders awards and Architecture MasterPrize.
Calvisi later said the aim with Norfolk was to produce something the Gold Coast had not previously seen.
The penthouse is being marketed through expressions of interest by Dean Pegoraro of Whitefox Gold Coast.
The megamansion was built for Tony Pritzker, heir to the Hyatt Hotel fortune and brother of Illinois Gov. JB Pritzker.
Three completed developments bring a quieter, more thoughtful style of luxury living to Mosman, Neutral Bay and Crows Nest.