As we see an increase in more South Australians working from home, research shows a spike in regional living. This shift shows South Australians seeking a more affordable location and a different lifestyle.

Posted in: Insights, News

01/12/2021

The Regional Rise

As we see an increase in more South Australians working from home, research shows a spike in regional living. This shift shows South Australians seeking a more affordable location and a different lifestyle.

This trend is counter to the historical trend of Australia being a capital-city centric nation and isn't just happening in South Australia, according to the latest internal migration data released by the Australian Bureau of Statistics (ABS).

The year 2020 was iconic for a number of reasons, including the fact that there were 233,100 Australians who moved to live in regional areas and 190,200 people that departed for the capital cities. This resulted in a net gain of 43,000 people for the regions, which is double the figure from the year before (18,900 in 2019).

Despite this slight internal exodus, Australia’s capital cities are not dying. Our cities have historically been the beneficiaries of overseas migration, which has obviously stopped due to the pandemic. The changing nature and location of work means cities will need reinventing as people look for ‘walkable communities’ (with pedestrian infrastructure) and more space at home to accommodate the ‘work from home’ era that we are moving into.

Affordable housing is still the drawcard to regional South Australia and often the housing is of better quality than what is available in metropolitan areas for the same price. Choose the right town or smaller city, the right uni course you can study online or a more permanent move to 'work from home' and you might find yourself thriving amid a lack of traffic lights, more affordable housing and a close-knit community of friendly locals!

If you are considering a change of scenery and think a move to regional South Australia is for you, call to speak with one of our mortgage brokers today on 8300 8300 or email info@bernielewis.com.au .