“A 25-year-old buying a two-storey house with a picturesque garden for just over $300,000 harks back to the early 1990s…”
“Mr Galea purchased his home last year for $310,000 at a “beautiful” fixed rate of 1.9 per cent.”
“The Regional Australia Institute also forecasts a continued movement of people from capital cities into regional areas.
Ms Ritchie urges there needs to be a government focus on increasing housing supply and infrastructure to ensure a smooth transition for regional Australia.”
"We continue to believe that city to regional migration will continue to flow at similar, if not even higher levels," she said.
"If you look at the way that our country has shifted due to COVID, the ability to move, flexibility … to live where you love and have that opportunity.
"You've got a trend that is not going to stop any time soon."