Are you thinking about leaving the fast-paced city life behind for a more peaceful lifestyle in regional NSW? You’re not alone. The Regional Australia Institute has reported a significant growth in population in regional areas since 2011. So, why is it that more and more people are buying property and moving to regional NSW? Here are a few of the many reasons why the “re-change” is becoming so common.
The Freedom of Working From Home
A major reason why we’ve seen a recent rise in moves to regional NSW is that more people are working from home. The last two years or so have introduced many people to the freedoms of working remotely. Even with workplaces opening up again, many are continuing the trend. Working from home means no commute and no more ties to a city you don’t actually want to live in.
A Tranquil and Slow-Paced Lifestyle
With populations over 5 million, many find cities like Sydney and Melbourne overwhelming and claustrophobic. This is a primary reason why many people are exchanging the busy city life for something more slow and tranquil in regional NSW.
If you’re hesitant to leave the amenities of the city behind, no problem. You can achieve a somewhat more relaxed lifestyle by moving from a major city like Sydney to a smaller town like Newcastle or Wollongong with less than an eighth of the population. For a truly quiet and slow-paced lifestyle, however, you may want to look at cities with a population of less than 50,000, like Port Macquarie and Albury, or small towns like Glen Innes, Cootamundra, or Alstonville.
Lower Property Prices
Currently, the median property price in Sydney is $872,934. That’s over $300,000 more than the national average. So for people who are tired of renting and want to own homes, it’s not practical to live in any of Australia’s major cities.
Even if you can afford a home in a city like Sydney, the property you could purchase for that same amount in regional NSW would be much larger. With $600,000, for example, you could get a 1 bedroom, 1 bathroom apartment in Sydney or a 5 bedroom, 2 bathroom home in a small town like Glen Innes.
A Closer Connection With Nature
After a few years mainly spent indoors, people crave a closer connection with nature than ever before. While the major cities have their parks and botanical gardens, they’re still packed with people. Regional NSW offers far more places where you can enjoy the great outdoors without city sounds or large crowds of people.
Find the Perfect Property in Regional NSW
Considering buying a house or building a house in regional NSW? You’ll need a real estate agent with expertise in house sales, house value, and house appraisal to ensure that you get the most for your money. With their connections, experience, and market knowledge, an NSW realtor is fully equipped to find the home of your dreams. If you have any questions, please don’t hesitate to reach out today.
