The state that’s still the pick of the bunch for local migration
ABS data reveals where everyone is moving to — and the states losing out
2 min
Queensland is attracting more interstate migration than any other state, as residents flee NSW, data released by the ABS has shown.
The COVID-induced domestic exodus to the Sunshine State has continued with statistics showing a net migration north of 31,070. By contrast, NSW has experienced a net loss of -30,213 residents, the largest population decline of any state in Australia.
The ABS noted that the 12-month review to March 2023 reflected the residual effects of COVID, which saw tens of thousands of Australians moving north permanently when state border restrictions lifted in early 2022.
This growth in population was followed by Western Australia, which also recorded a net migration of 11,121. South Australia recorded a much more modest net increase of 157 new residents. All the other states recorded net drops in population.
Head of research at Hello Haus property advisory, Sam Powell, said the data presented investors with an opportunity to capitalise on possible yields in growth suburbs in both WA and Queensland.
“The big shift both north and west is unsurprising,” he said. “Queensland and WA have relatively affordable real estate, and both offer exceptional lifestyle appeal, plus comprehensive facilities and infrastructure.
“Their prospects look great economically as well. The 2032 Olympics will put Queensland on the world stage, and a resurgence in commodity prices as global economies recover bodes well for WA in the long term too.”
Mr Powell identified three suburbs of Brisbane — Oxley, Boondall and Fitzgibbon — as areas with strong potential for growth. The Greater Perth suburbs of Gosnells and Girrawheen and the Perth locales of Mirrabooka, Caversham and Ballajura, were also likely to be strong performers, he said, based on relatively low median house prices and strong yields.
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2 min
Held by the same family for 26 years, this Harbour Bridge-facing residence at Longueville is the type of property that rarely comes to market. Set on more than 1,100 sqm on one of Sydney’s most tightly held peninsulas, it combines complete privacy with uninterrupted views across the harbour to the city skyline.
It’s the sort of offering where the land is just as important as the home. Positioned directly opposite Aquatic Park with a prized northeast aspect, the residence captures sweeping harbour views from almost every main living space while remaining remarkably secluded from neighbouring properties.
Large picture windows frame the outlook throughout the home, flooding the interiors with natural light and making the harbour the centrepiece of everyday living.
Designed for family living
The home offers multiple living zones, including a formal lounge and dining rooms, a separate family room and an open-plan living and meals area. Blackbutt timber parquetry flooring, high ceilings and ducted reverse-cycle air conditioning feature throughout.
The kitchen sits at the heart of the home, with induction cooking, a generous island bench, and a walk-in pantry, connecting both the formal entertaining areas and the more casual family spaces.
A ground-floor master suite includes a walk-in robe, dressing area and ensuite, while upstairs are three additional bedrooms with built-in robes, together with a spacious home office or study.
The lower ground level adds another layer, with a temperature-controlled cellar and tasting room, plus a flexible gym, wellness or recreation space.
Resort-style setting overlooking Sydney Harbour
Outside, landscaped gardens wrap around a heated swimming pool, an expansive entertaining terrace, and a level lawn, creating a private resort-style setting against the backdrop of Sydney Harbour.
Additional features include a solar system with battery storage, remote lock-up garaging for three vehicles and generous storage throughout.
Beyond the home itself, the location remains one of Longueville’s biggest drawcards. Longueville Ferry Wharf sits around 150 metres away, providing direct access to the CBD while preserving the quiet character of one of Sydney’s most tightly held waterfront suburbs. The property is also within the catchments of Lane Cove Public School and Hunters Hill High School.
Simon Harrison and Kim Walters of Belle Property Lane Cove are marketing the property on a Contact Agent basis.
At a glance
Address: 3 Mary Street, Longueville NSW 2066
Configuration: 4 bedrooms | 3 bathrooms | 3-car garage
Land: Approximately 1,100 sqm
Highlights: Harbour Bridge and city skyline views, northeast aspect, heated pool, cellar, solar with battery storage
Held: First time offered in 26 years
Price: Contact Agent
Agents: Simon Harrison and Kim Walters, Belle Property Lane Cove
This article is produced by the Kanebridge Media editorial team. Property information has been supplied by the listing agent. Buyers should conduct their own due diligence before relying on any information contained in this article. Enquiries: propertyconcierge@kanebridge.com.au.
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