Interstate migration from NSW has declined to the lowest level ever recorded according to the latest ABS Demographic Statistics

Interstate migration from NSW has declined to the lowest level ever recorded according to the latest ABS Demographic Statistics. As the mining construction boom fades and transitions into the production phase, the states which benefited so greatly from the boom years (in particular Queensland and Western Australia) are seeing net interstate migration plummet, while the populations of Sydney and to a lesser extent Melbourne, are now exploding higher. Here is our take on where the burgeoning dwelling construction boom will and won't lead to a housing market oversupply. (VIEW LINK)