Tasmania’s Derwent Valley, Central Highlands and Triabunna saw a new resident influx of 28%, while 22%, 18% and 17% of people respectively called NSW’s Southern Highlands, Richmond-Tweed area (including Byron Bay) and mid-north coast (including Taree and Port Macquarie) home.
Queensland’s Sunshine Coast followed as the 5th most likely place for relocation, while in Victoria more people chose Gippsland regional towns like Traralgon, Foster and Leongatha.
According to Australia Post, remote rural and inner-city regions have experienced the highest number of departures during the period, with the Queensland outback recording a loss of 19% residents and inner Melbourne coming in second with 16% of people choosing a new address.
A combination of the changing nature of work and soaring city property prices seem to be encouraging people to ditch the city for a better work/life balance.
Most of the locations mentioned above are close enough to a CBD to allow former city dwellers to get their urban fix, but with larger blocks and lower house prices.
Thinking about a better work/life balance? If you’re planning a relocation, let’s talk about your mortgage options. Call me!