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Aussies on the move to smaller capitals

The positive outlooks for the Brisbane, Adelaide and Perth property markets have been reinforced by data suggesting the exodus of people from Sydney and Melbourne is continuing unabated.

Student packs boxes ready for move
Data suggests the exodus of people from Sydney and Melbourne is continuing unabated. Photo: Muval

The positive outlooks for the Brisbane, Adelaide and Perth property markets have been reinforced by data suggesting the exodus of people from Sydney and Melbourne is continuing unabated.

Online removalist booking company Muval found that people are still deserting Melbourne and Sydney, albeit in lesser numbers than over the past two years.

In the absence of delayed statistics from the Australian Bureau of Statistics (ABS), Muval analysed Google…