Internal migration and house prices in Australia

Erol, I. ORCID: https://orcid.org/0000-0001-8125-9118 and Unal, U. ORCID: https://orcid.org/0000-0002-1282-5427 (2023) Internal migration and house prices in Australia. Regional Studies, 57 (7). pp. 1207-1222. ISSN 1360-0591 doi: 10.1080/00343404.2022.2106363

Abstract/Summary

Australia is one of the most mobile countries in the world due to internal migration. This study provides the first evidence of the causal impact of internal migration inflow on house price changes across 237 statistical regions in Australia from 2014 to 2019. Employing a spatial correlation approach, the paper indicates that internal migration that amounts to 1% of the initial local area population is associated with a 0.52–0.71% increase in house prices in the three most populated states of Australia. Migration inflow has a significant positive effect on house price changes in metropolitan areas of Sydney and Melbourne rather than non-metropolitan regions.

Item Type	Article
URI	https://reading-clone.eprints-hosting.org/id/eprint/107273
Identification Number/DOI	10.1080/00343404.2022.2106363
Refereed	Yes
Divisions	Henley Business School > Real Estate and Planning
Uncontrolled Keywords	General Social Sciences, General Environmental Science
Publisher	Taylor & Francis
Download/View statistics	View download statistics for this item