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Mornington Peninsula's Wanderlust: Ranking Suburbs by Proportion of Residents Who Lived Elsewhere 5 Years Ago
The proportion of people who reported that they ususally lived somewhere different 5 years ago to their current address on the 10th of August, 2016 as of the 10th of August for the 2021 Australian Census.
The "Lived elsewhere 5 years ago" data can be useful for property investors and those looking to move to a new suburb. For property investors, this data can provide insights into the potential demand for rental properties in a particular suburb. If a high proportion of people have recently moved to the area, it may indicate a growing population and increased demand for rental properties. For those looking to move, this data can help identify suburbs with a high turnover rate, which may indicate a transient population or a lack of community cohesion. On the other hand, suburbs with a low proportion of people who have recently moved may be more stable and offer a greater sense of community. Additionally, this data can provide insights into the livability of a suburb, as a high turnover rate may indicate that residents are not satisfied with the area and are seeking better options elsewhere.
Data from 2021