There’s no doubt over the past couple of years people have been moving out of the cities in droves since the COVID pandemic working remotely and living in safe non-lockdown locations has seen a steady increase.
From regionalaustralia.org.au the 2020 estimated percentage of increase change since 2016. Noting this is before COVID so the increase I would expect to be far more significant in more recent years.
Regional cities have increased by 383,760 over four years. Regional population makes up 36% of Australia’s overall population and although not a majority is still 9.36M people.
The following link presents some interesting statistics on business and lifestyle growth in Australia with the top 5 areas boasting the highest entrepreneur rate of business start-ups.
My favourite two stats here though is the % of time of your workday average spent commuting and % of your income spent on mortgage.
On the housing affordability side:
This indicates you can pay off your house more quickly and have more money in your purse to spend on weekly bills and activities. You’re less of a slave to your assets and happier as a result.
There’s no doubt over the past couple of years people have been moving out of the cities in droves since the COVID pandemic working remotely and living in safe non-lockdown locations has seen a steady increase.