Nerida Conisbee

So it was partly people moving there because they were working differently.

But we also saw very good conditions in mining, in the mining sector that pushed up prices in

A lot of mining towns and also agriculture did really well.

So there were a lot of towns in the Western Australian wheat belt, for example, that pretty much hadn't moved for a very long time.

But then we had these amazing wheat growing conditions and prices started to take off.

So, you know, it is an interesting trend.

I guess the thing that people do tend to ask now is, you know, are people going to move back?

You know, we don't know.

I mean, the people are getting called back into the office and living in regional areas.

If you can't commute very easily...

back into that capital city, it does make it a little bit more tricky.

But what I think we do need to keep in mind that even prior to the pandemic, places like Geelong were really starting to take off in terms of price growth.

Getting to Geelong from Melbourne is, you know, it's about an hour's drive.

There has been an investment into a business study into getting a fast train, which would reduce the commute to half an hour.

head down to the Illawarra and you know again there's a train which you know for some people it would be quicker going from from Wollongong up to to Sydney than it would be from transfer you know traveling from from some of Sydney's western suburbs so so I think you know the regional trend was pretty extreme during the pandemic but you know I think we really have to remember that there was already a regional push prior to the pandemic that you know was taking place regardless.

Yeah, they certainly are.

I mean, Sunshine Coast now is more expensive than Melbourne.

It's probably being pushed up by a lot of people from Melbourne buying holiday homes there, potentially moving up there.

We have seen high levels of movement of people from Sydney and Melbourne up to southeast Queensland.

But