Net migration by age
The age group with the highest net migration in Riverstone Terraces is 35-39 year olds, this is forecast to occur in the period between 2013 to 2018.
Migration is one of the most important components of population change. Once you have established the amount of development activity in an area, the next step is to make assumptions about who will move into the area as well as who is leaving the area.
Net migration by age is an excellent way of understanding housing markets. The most mobile age groups in the population are young adults. They tend to move to attend educational institutions, seek work and express a change in lifestyle. Market research has shown that empty nesters are more likely to move to smaller accommodation when appropriate and affordable alternative housing is supplied in the local area that is accessible to established social networks.
Select each small area to see how migration patterns differ for each area across Upper Hutt City depending on their housing markets and stage in the suburb life cycle.
Major migration assumptions:
- An area with diminishing residential development opportunities as developable land is exhausted in the first five years of the forecast period
- In the short term, a large gain of both young couples aged 20-24 years and young and established families aged 25-39 years with children aged 0-14 years
- These family gains are still present in the post 2018 period but due to limited residential development, are not as pronounced as earlier
- Slight loss of school leavers aged 17-19 years in the short term which increases to a loss of 18-24 year olds once the area is built out
- In the short term there is also a gain of mature adults and empty nesters moving to the new suburb aged 45-64 years
- Little change in the net migration of retirees and the elderly aged 65+ years during the forecast period