No longer pegged as one of the retirement villages of Australia, recent demographic data and interest in Tasmania suggest a change in the air. The seachange phenomenon, once linked to retirees, now involves younger groups, including young families. They are choosing lifestyle advantages associated with regional, coastal locations in a phenomenon that’s not isolated to Tasmania.
Certainly, places such as the Sunbelt Coast around Byron Bay in northern New South Wales have been similar to Tasmania in attracting baby-boomer retirees in search of a seachange. Our research, however, exposes some fundamental changes to this profile. The three largest age groups moving recently to these areas are all under 35. This raises the question: who are the seachangers really?
In addition to the population-related pressures of housing affordability and congestion, Australia is experiencing an ageing population and uneven distributions of people movements around the country.
Click here to read more.
Source: The Conversation