{"id":20994,"date":"2018-04-29T01:00:02","date_gmt":"2018-04-28T15:00:02","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=20994"},"modified":"2018-04-29T01:00:02","modified_gmt":"2018-04-28T15:00:02","slug":"regional-properties-vs-the-suburbs-cost-lifestyle-and-growth","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\/","title":{"rendered":"Regional properties vs the suburbs \u2013 cost, lifestyle and growth"},"content":{"rendered":"<p>Unless you\u2019re raking in a seven-figure salary, you\u2019ve probably all but given up hope of buying a home in the inner-ring suburbs Melbourne or Sydney, where multi-million-dollar properties are the norm and space is at a premium.<br \/>\nThat leaves you with two options \u2013 move out to the outer suburbs and live in a far-flung neighbourhood miles from the CBD, or pack up the family and opt for a quieter life in a regional town.<br \/>\nWhat are the differences between regional towns versus the outer suburbs of a major city? Let\u2019s take a look\u2026<br \/>\n<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5576\" src=\"https:\/\/i0.wp.com\/s3-ap-southeast-2.amazonaws.com\/rev-blog\/wp-content\/uploads\/three-car-train-australia-1024x676.jpg?resize=700%2C462&#038;ssl=1\" alt=\"three-car-train-australia\" width=\"700\" height=\"462\" \/><\/p>\n<h2><strong>Transport<\/strong><\/h2>\n<p>Even if your day job requires you to be in the CBD from 9 to 5, that doesn\u2019t automatically preclude you from taking advantage of all that regional Australia has to offer. As many sea- and tree-changers will tell you, commuting from a regional area is often easier than getting into the city from at outlying suburb.<br \/>\nIn Melbourne, a journey by car from\u00a0<a href=\"https:\/\/www.realestateview.com.au\/real-estate\/melbourne\/dandenong-ranges\/lilydale\/homes-for-sale\/\" target=\"_blank\" rel=\"noopener noreferrer\">Lilydale<\/a>\u00a0to Collins Street each morning could easily take you an hour \u2013 about the same time it will take to come in on the train from\u00a0<a href=\"https:\/\/www.realestateview.com.au\/real-estate\/vic\/ballarat\/ballarat-north\/homes-for-sale\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ballarat<\/a>. Instead of wasting several hours a day battling pent-up road rage, you could be enjoying a book or podcast on the train, and banking the cash you\u2019d otherwise be spending on fuel and parking.<br \/>\n<img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5577\" src=\"https:\/\/i0.wp.com\/s3-ap-southeast-2.amazonaws.com\/rev-blog\/wp-content\/uploads\/Bendigo_talking_tram-1024x789.jpg?resize=700%2C539&#038;ssl=1\" alt=\"bendigo_talking_tram\" width=\"700\" height=\"539\" \/><\/p>\n<h2><strong>Lifestyle<\/strong><\/h2>\n<p>In the outer suburbs, affordability in Melbourne and Sydney is still a challenge for many families. With house prices approaching (or exceeding) the $1 million mark in many traditionally blue-collar locales, even living miles away from the city centre doesn\u2019t guarantee you a manageable mortgage \u2013 and subdivisions mean the Aussie dream of the quarter-acre block are increasingly becoming a thing of the past.<br \/>\nRegional towns, with their more reasonable price tags, lend themselves better to part-time work and stay-at-home parenting, which in turn reduces your childcare costs. It\u2019s likely you\u2019ll get more square footage for your cash too, so entertaining friends or playing with the kids can take place in your own backyard, rather than at a venue.<br \/>\nThere can be big benefits for the children as well, with smaller local schools and tight-knit community and sporting clubs to bolster their development and sense of belonging.<\/p>\n<h2><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5578\" src=\"https:\/\/i0.wp.com\/s3-ap-southeast-2.amazonaws.com\/rev-blog\/wp-content\/uploads\/3-desmond-street-strathdale-vic-3550-real-estate-photo-1-large-11752567.jpg?resize=700%2C466&#038;ssl=1\" alt=\"3-desmond-street-strathdale-vic-3550-real-estate-photo-1-large-11752567\" width=\"700\" height=\"466\" \/><\/h2>\n<h2><strong>Capital growth<\/strong><\/h2>\n<p>Contrary to many buyers\u2019 assumptions, there\u2019s real potential for capital growth in regional real estate.<br \/>\nA few ago, it was a different story \u2013 the markets in Melbourne and Sydney were red-hot and instant growth was virtually assured, whereas values in regional towns were slow to move. However, as the price boom peters off in the capitals, regional towns appear better placed to continue modest gains. As we revealed in\u00a0<a href=\"https:\/\/www.view.com.au\/blog\/2018\/01\/regional-properties-way-go\/\">this article<\/a>\u00a0earlier in the year, regional towns such as\u00a0<a href=\"https:\/\/www.realestateview.com.au\/real-estate\/melbourne\/greater-geelong\/homes-for-sale\/\" target=\"_blank\" rel=\"noopener noreferrer\">Geelong<\/a>,\u00a0<a href=\"https:\/\/www.realestateview.com.au\/real-estate\/qld\/south\/gympie\/homes-for-sale\/\" target=\"_blank\" rel=\"noopener noreferrer\">Gympie<\/a>,\u00a0<a href=\"https:\/\/www.realestateview.com.au\/real-estate\/nsw\/newcastle-hunter\/homes-for-sale\/\" target=\"_blank\" rel=\"noopener noreferrer\">Newcastle<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.realestateview.com.au\/real-estate\/nsw\/wollongong-illawarra\/homes-for-sale\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wollongong<\/a>\u00a0have seen impressive growth over the past few years, making them a sound investment for landlords or owner-occupiers.<br \/>\nSo, if you\u2019ve had enough of fighting the inner-city gridlock every morning, or you\u2019re sick of missing the kids\u2019 football matches and dancing concerts due to work commitments and mortgage stress, regional life could be the answer. Be sure to do your research, as regional areas (like all towns) have their good and bad pockets. Once you weigh up whether the costs versus benefits make regional living right for your family, you could be very surprised!<br \/>\n<strong>Originally published by:\u00a0<a href=\"https:\/\/www.realestateview.com.au\/blog\/2018\/03\/regional-properties-vs-suburbs-cost-lifestyle-growth\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.realestateview.com.au &#8211;\u00a0Regional properties vs the suburbs \u2013 cost, lifestyle and growth &#8211;\u00a0https:\/\/www.realestateview.com.au\/blog\/2018\/03\/regional-properties-vs-suburbs-cost-lifestyle-growth\/<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unless you\u2019re raking in a seven-figure salary, you\u2019ve probably all but given up hope of buying a home in the inner-ring suburbs Melbourne or Sydney, where multi-million-dollar properties are the norm and space is at a premium. That leaves you with two options \u2013 move&#8230;<\/p>\n","protected":false},"author":176692471,"featured_media":20995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13,25,30],"tags":[70],"class_list":["post-20994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-story","category-sponsored-channels","category-view-com-au","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Regional properties vs the suburbs \u2013 cost, lifestyle and growth - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regional properties vs the suburbs \u2013 cost, lifestyle and growth - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"Unless you\u2019re raking in a seven-figure salary, you\u2019ve probably all but given up hope of buying a home in the inner-ring suburbs Melbourne or Sydney, where multi-million-dollar properties are the norm and space is at a premium. That leaves you with two options \u2013 move...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/channels.realty.com.au\/realtytalk\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Realty Talk\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-28T15:00:02+00:00\" \/>\n<meta name=\"author\" content=\"rolanrush\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rolanrush\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/\"},\"author\":{\"name\":\"rolanrush\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"headline\":\"Regional properties vs the suburbs \u2013 cost, lifestyle and growth\",\"datePublished\":\"2018-04-28T15:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/\"},\"wordCount\":588,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Featured\"],\"articleSection\":[\"Latest Stories\",\"Sponsored Channels\",\"view.com.au\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/\",\"name\":\"Regional properties vs the suburbs \u2013 cost, lifestyle and growth - Realty Talk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2018-04-28T15:00:02+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#\\\/schema\\\/person\\\/384a57ac9e52cb9bf19896cb15eaa52d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/regional-properties-vs-the-suburbs-cost-lifestyle-and-growth\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Regional properties vs the suburbs \u2013 cost, lifestyle and growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/#website\",\"url\":\"https:\\\/\\\/channels.realty.com.au\\\/realtytalk\\\/\",\"name\":\"Realty Talk\",\"description\":\"Your Trusted Voice For Property Investing. 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