Boomer urban flight to pump up regional house prices

Adam Smith 13 July 2016 NEWS

retirement savingsBaby Boomers may be set to flee the cities, and regional property markets could profit.

A new forecast from Propertyology has claimed Baby Boomers heading toward retirement could head toward more affordable sea- or tree-change markets. The report flagged 40 regional markets it said were set to benefit from Boomers’ urban flight.

The report claimed Boomers would be looking for more affordable markets due to a shortfall in their superannuation.

“Baby boomers didn't have their employer contributing towards superannuation until the back end of their working years. So, one way or another, around 90 per cent of this generation will have some reliance on a government-funded pension," Propertyology market analyst Simon Pressley said.

Pressley said “tens, and possibly hundreds of thousands” of Boomers could retire to regional areas. He argued that the property markets in these regional areas could see a major windfall.

Regional markets on the move

“When Australia’s baby boomer population equates to 4.45 million people, even if only a small portion did relocate, it will create significant extra demand for housing in the regions," Pressley said.

Pressley said the areas likely to be in demand share similar characteristics.

“Whether coastal or rural, we believe that the regional cities that will be in highest demand by baby-boomer re-locators will offer a combination of quality lifestyle, good health care, and availability of freestanding houses for less than $400,000.”

Get more from finder

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
Go to site