Millennials are making up the bulk of Australians moving to regional areas even as migration out of big cities trends back down to pre-pandemic levels.
But even as movement slows, a rise in rents and shrinking housing stock in the regions has sparked calls for a federal plan to help communities provide for growing populations.
The latest Regional Movers Index from the Commonwealth Bank and the Regional Australia Institute shows the spike in Australians leaving metropolitan areas, spurred by the COVID-19 pandemic, has slowed.