Where are People Settling when Moving to Australia?
People moving to Australia are adjusting some of their strategies for moving to the Land Down Under amid a report that Generation X and Y families are slowly drifting away from buying houses in the suburbs and leaning more towards having apartments in the city.
In a shift from the old “get married and when we have children let’s move to the suburbs†approach, people in Australia are trending towards staying in the city with slightly larger apartments and keeping with this arrangement long term. The younger generation apparently has too much of an affinity for city life and are willing to make the financial sacrifices necessary to adjust to the more expensive lifestyle.
Instead of just assuming that the luxuries of suburban life (i.e. bigger homes, larger properties with backyards, relative calm, etc.) are unattainable inside of the big cities, today people are making minor modifications to the types of apartments they seek to maximize city life without sacrificing the “stable†lives they lived growing up in the suburbs.
This news will affect immigrants moving to Australia in a number of ways. For one, it makes it crucial for potential immigrants to be even more versed in Australia’s real estate market. Knowing the trends and being able to anticipate where the market will head with the advent of these trends can bring great benefits. For example, someone moving to Australia with some money put away may now consider buying an apartment in the city as opposed to a house in the suburbs due to demand going up which should keep the value going up.
In addition, if a potential immigrant who is moving to Australia with their family would like to join the trend and settle into an apartment in the city you can gather the information for what type of unit will be able to fill your needs. Some things that families look for when searching for long term apartment solutions in the city include: ground floor apartments to make for easier entry and exit with children, access to laundry services which are not usually common in some apartment buildings, central/walking distance location to desired areas and, if possible, a property that at least has access to some sort of backyard space.
Deciding where to settle when moving to Australia is sometimes as big a challenge as dealing with the actual decision of immigration. Do ample research early on in the process and determine whether city living or suburban life is for you. Once you’ve made that decision you can be ready to move forward and tackle the rest.

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