Three years of higher interest rates, rising cost-of-living pressures, growing homelessness rates, skyrocketing rents and limited housing supply has created a national housing affordability crisis in Australia. Many are locked out of the housing market in the capital cities – and they have been turning to regional centres in droves.
These people aren’t all after a tree change. They just want a home they can afford with access to the services that they need, within commuting distance of a major city. They want a satellite city.