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Capital cities see a boom in ne...

Capital cities see a boom in new residents in 2013

Newcomers from overseas were three times as likely to settle in a capital city, new research has shown.
People coming from overseas to live in Australia were three times more likely to settle in a capital city than any other place in the nation, a new study has shown.

The Australian Bureau of Statistics' said that in 2013, there were 66 per cent of the population living in capital cities. 

It added that in the next 40 years, it expects this to see a marked increase. In fact, by 2053, officials believe that 72 per cent of people in the nation will be settled in capital cities. 

Capital cities have no doubt been boosted by the fact that there are now far more people coming from overseas to buy in Australia. Chinese, British and American migrants are typically becoming the most likely investors.

Predictions from the study also showed that if Melbourne's population continues to grow at a similar rate to that in 2013, when it jumped by 2.2 per cent, then it could overtake Sydney as the nation's biggest capital city within the next 40 years.

Posted by Craig Francis

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