Local house price effects of internal migration in queensland: Australia's interstate migration capital
Type :
Article
Publication Status :
Published online
Access :
restrictedAccess
Abstract
We examine the causal impact of internal migration on housing prices across 82 Statistical Areas Level 3 regions in Queensland, Australia from 2014–2019. The primary findings are: (i) an annual increase in the inflow of migrants equal to 1 per cent of a region's initial population leads to a 0.6 to 0.7 per cent annual increase in Queensland's house prices across different empirical specifications; (ii) this effect differs between the Greater Brisbane metropolitan area and Rest of State areas; (iii) migration from New South Wales fails to produce a significant influence on house price growth in Queensland.
Source :
Australian Economic Review
Date :
2023-06
Publisher :
Wiley
URI
http://hdl.handle.net/10679/8854https://onlinelibrary.wiley.com/doi/full/10.1111/1467-8462.12512
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