The suburbs where the pandemic sparked a population boom
- Jan 20, 2023
- 1 min read
Record-low interest rates led to a population boom in first home buyer strongholds, as people moved out of shared housing and into affordable neighbourhoods during the COVID-19 pandemic.
The pandemic was also a shot in the arm for sea and tree change areas, whose populations increased by thousands over the three years between December 2019 and December 2022, a KPMG analysis has shown.
The Wyndham region in Melbourne’s west, which includes the popular first-time buyer suburbs of Werribee and Hoppers Crossing, topped the list for population growth by region, after 34,500 moved there over three years.
It was closely followed by Blacktown-North, a statistical region of Western Sydney, where 30,100 more people relocated.
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