Ballina to boom
CANBERRA (AAP). ? The desire for a seachange is only set to get stronger over the next 20 years, sparking a radical change in some idyllic Australian coastal towns such as Ballina.
KPMG's new housing report released on Thursday predicts that while the overall demand for new housing across the country will fall in the next 20 years, some coastal centres will buck the trend.
Some larger provincial towns will also experience rises in demand for housing, partly a result of people relocating from more remote areas.
Ballina, Albury-Wodonga, Coffs Harbour, Tamworth, Orange and Dubbo are all tipped for an increase in housing demand in NSW.
KPMG partner Bernard Salt said some of the biggest growth spurts would be felt at Western Australia's seaside resort town of Mandurah, plus the popular Queensland coastal region stretching from the Gold Coast through Brisbane and up the Sunshine Coast.
The rush for a seachange will be mainly driven by people willing to travel to nearby capital cities to work, retirees wanting to live by the beach and better transport links.
"In particular, the seachange cities of Mandurah, Hervey Bay, Sunshine Coast, Gold Coast and Cairns will more than double their housing stock over the 30 years to 2031," the report said.
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