In past decades we’ve always heard that owning your own home is the great Australian dream, but as finances become tighter for many especially in city areas, is this still true? And if it is, is it still a big house on a big block of land that Aussies are dreaming about?
For a long time, Sydney-siders just didn’t consider the option of a big block of land a possibility without spending a lot of money, and New South Wales saw a lot of residents move to places like Brisbane and Perth where city living could offer a big house on a big block at more affordable prices. This doesn’t appear to be the case any more though…
In recent times property data has shown that rural cities in New South Wales (such as our very own Mudgee) are becoming more popular for Sydney-siders. Where interstate migration used to be relatively high, we’re now seeing intrastate migration.
Buyers are starting to realise that they can achieve their goal of owning a big home on a big block of land by living in a rural city like Mudgee and travelling to the city when needed. You don’t need to move interstate for an affordable land package and lifestyle – there are plenty of wonderful properties in the Mudgee region and we would be happy to recommend some to anyone who is looking to upsize to their great Australian dream home.