It’s tough to raise a family and understandably younger Aussies are preferring to set themselves up in a home of their own before they take the plunge.
But as home ownership has become less affordable, baby plans are being delayed or rethought altogether.
“Cost of living has always dictated how and when Australians choose to start or grow a family, (and) rising mortgage rates, high property prices, rental affordability and housing supply are central in this,” reports realestate.com.au.
This has caused some interesting demographic shifts with lower birth rate trends. However last year Australia experienced a “baby bounce back” where we welcomed more new bubs than 2023.
Perhaps not surprisingly the regions did the “heavy lifting” accounting for a higher birth rate than capital cities.
That said, affordable pockets in capital cities tended to see higher numbers of new bub arrivals than their pricier counterparts.
It’s no coincidence that some new housing estates in the outer burbs have been dubbed “nappy valley”.
Check out the suburbs in the greater Brisbane area with the highest number of births in 2024:
- Redbank Plans, 555
- Boronia Heights – Park Ridge, 494
- Murrumba Downs – Griffin, 433
- Ripley, 406
- Springfield Lakes, 391
Time to upsize to a family home? Find out how much your property is worth or talk to us about selling.
