diff --git a/packages/gatsby/migrations.json b/packages/gatsby/migrations.json
index bb82c8f065..c6409d3dc0 100644
--- a/packages/gatsby/migrations.json
+++ b/packages/gatsby/migrations.json
@@ -80,6 +80,71 @@
           "alwaysAddToPackageJson": false
         }
       }
+    },
+    "12.3.0": {
+      "version": "12.3.0-beta.0",
+      "packages": {
+        "gatsby": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-image": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-manifest": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-offline": {
+          "version": "4.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-react-helmet": {
+          "version": "4.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-sharp": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-styled-jsx": {
+          "version": "4.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-source-filesystem": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-transformer-sharp": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-typescript": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-emotion": {
+          "version": "6.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-styled-components": {
+          "version": "4.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-sass": {
+          "version": "4.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-less": {
+          "version": "5.5.0",
+          "alwaysAddToPackageJson": false
+        },
+        "gatsby-plugin-stylus": {
+          "version": "3.5.0",
+          "alwaysAddToPackageJson": false
+        }
+      }
     }
   }
 }
diff --git a/packages/gatsby/package.json b/packages/gatsby/package.json
index e9a537aa24..b7f19de419 100644
--- a/packages/gatsby/package.json
+++ b/packages/gatsby/package.json
@@ -36,6 +36,6 @@
     "@nrwl/node": "*",
     "@nrwl/react": "*",
     "@nrwl/workspace": "*",
-    "gatsby-cli": "^3.2.0"
+    "gatsby-cli": "^3.5.0"
   }
 }
diff --git a/packages/gatsby/src/utils/versions.ts b/packages/gatsby/src/utils/versions.ts
index 0dbb92241c..3408ae0943 100644
--- a/packages/gatsby/src/utils/versions.ts
+++ b/packages/gatsby/src/utils/versions.ts
@@ -1,25 +1,25 @@
 export const nxVersion = '*';
 
-export const gatsbyVersion = '3.2.1';
-export const gatsbyImageVersion = '3.2.0';
-export const gatsbyPluginManifestVersion = '3.2.0';
-export const gatsbyPluginOfflineVersion = '4.2.0';
-export const gatsbyPluginReactHelmetVersion = '4.2.0';
-export const gatsbyPluginSharpVersion = '3.2.0';
-export const gatsbyPluginStyledJsx = '4.2.0';
-export const gatsbySourceFilesystemVersion = '3.2.0';
-export const gatsbyTransformerSharpVersion = '3.2.0';
+export const gatsbyVersion = '3.5.0';
+export const gatsbyImageVersion = '3.5.0';
+export const gatsbyPluginManifestVersion = '3.5.0';
+export const gatsbyPluginOfflineVersion = '4.5.0';
+export const gatsbyPluginReactHelmetVersion = '4.5.0';
+export const gatsbyPluginSharpVersion = '3.5.0';
+export const gatsbyPluginStyledJsx = '4.5.0';
+export const gatsbySourceFilesystemVersion = '3.5.0';
+export const gatsbyTransformerSharpVersion = '3.5.0';
 export const propTypesVersion = '15.7.2';
 export const reactHelmetVersion = '6.1.0';
-export const gatsbyPluginTypescriptVersion = '3.2.0';
+export const gatsbyPluginTypescriptVersion = '3.5.0';
 export const babelPluginModuleResolverVersion = '4.0.0';
 export const babelPresetGatsbyVersion = '0.12.1';
 export const testingLibraryReactVersion = '11.2.6';
-export const gatsbyPluginEmotionVersion = '6.2.0';
-export const gatsbyPluginStyledComponentsVersion = '4.2.0';
-export const gatsbyPluginSassVersion = '4.2.0';
-export const gatsbyPluginLessVersion = '5.2.0';
-export const gatsbyPluginStylusVersion = '3.2.0';
+export const gatsbyPluginEmotionVersion = '6.5.0';
+export const gatsbyPluginStyledComponentsVersion = '4.5.0';
+export const gatsbyPluginSassVersion = '4.5.0';
+export const gatsbyPluginLessVersion = '5.5.0';
+export const gatsbyPluginStylusVersion = '3.5.0';
 export const nodeSassVersion = '5.0.0';
 export const gatsbyPluginSvgrVersion = '3.0.0-beta.0';
 export const gatsbyPluginPnpm = '1.2.6';
diff --git a/packages/tao/src/commands/migrate.spec.ts b/packages/tao/src/commands/migrate.spec.ts
index be2a89a44e..469b702dfa 100644
--- a/packages/tao/src/commands/migrate.spec.ts
+++ b/packages/tao/src/commands/migrate.spec.ts
@@ -312,6 +312,7 @@ describe('Migration', () => {
             alwaysAddToPackageJson: false,
           },
           '@nrwl/express': { version: '2.0.0', alwaysAddToPackageJson: false },
+          '@nrwl/gatsby': { version: '2.0.0', alwaysAddToPackageJson: false },
           '@nrwl/jest': { version: '2.0.0', alwaysAddToPackageJson: false },
           '@nrwl/linter': { version: '2.0.0', alwaysAddToPackageJson: false },
           '@nrwl/nest': { version: '2.0.0', alwaysAddToPackageJson: false },
diff --git a/packages/tao/src/commands/migrate.ts b/packages/tao/src/commands/migrate.ts
index 8b3fe79d4a..55c7e11a8c 100644
--- a/packages/tao/src/commands/migrate.ts
+++ b/packages/tao/src/commands/migrate.ts
@@ -222,6 +222,7 @@ export class Migrator {
           '@nrwl/devkit',
           '@nrwl/eslint-plugin-nx',
           '@nrwl/express',
+          '@nrwl/gatsby',
           '@nrwl/jest',
           '@nrwl/linter',
           '@nrwl/nest',