Related stories:
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
From the beaches to the country, in town or in a hinterland village, the Mid North Coast has so many beautiful places to call home.
If you are looking to make a move, you will find many options here
This handy guide was put together to recognise the recent trends in the regional real estate market, for example:
More mobile locals: With the improvements to the Pacific Highway nearing completion, more options for places to live and commute to work are opening up. Making a sea-change or tree-change more attractive.
Housing Affordability: The cost of home ownership is a major concern throughout Australia. The Mid North Coast is no different.
An influx of Baby Boomers and Gen Xers rich in equity have driven houses prices upwards. Housing costs in many coastal areas are now out of sync with local wages.
First-time home-buyers are looking further afield, one trend is seeing buyers moving from the coast to the country where a family home costs significantly less.
On June 1 The NSW Government introduced changes to improve housing affordability which was focused on helping first home buyers.
As a result stamp duty will be abolished from all homes which are for sale up to $650,000.The change will come into effect on July 1.
Under the changes, the government will also provide a $10,000 grant for purchasers of new homes up to $600,000.
The rise of the remote worker: The other game changer will be home-working increasing in popularity, as Richard Branson says that one day, offices “will be a thing of the past.”
Why work from home in Sydney, when you can move here and have nature’s wonderland on your doorstep? Not to mention, house prices that are a fraction of those in urban areas.
High-speed broadband will be key for future economic growth. Presently, access varies greatly. However, the need for speed will be satisfied soon, with the National Broadband Network rolling out high-speed broadband in more areas.
The silver migration: University of Sydney research has recently revealed that retirement can actually boost positive lifestyle changes. It can be a window of opportunity for new, healthy habits. What better place to embrace a vibrant “post-work” lifestyle than here.
With average Sydney prices still around 50% higher, many retirees are unlocking equity in their homes to enjoy their retirement. Some are even planning ahead, buying properties now, to move in the future.
Return of the thirtysomethings: Hot on their heels are city-dwellers returning to their roots. Tired of the bright city lights and ready to settle down, parents are returning homewards so their children can have the same idyllic childhood they enjoyed.
Of course, help from nan and pop with a bit of babysitting is a bonus too.
