PHOTO: The exodus of workers is driving more property investors to consider buying in regional and coastal areas. Pictured: A typical Victorian era residential home in Melbourne
- A growing number of property investors are looking to buy up in regional towns
- An annual report surveyed 1,100 property investors during the month of August
- Experts say COVID-19 pandemic is changing the ‘social fabric’ of Australian life
- More Australians are working from home and don’t need to be close to the CBD
The ‘social fabric’ of Australian life is changing as workers abandon their big city offices to get the job done from home.
This exodus during the coronavirus crisis is driving more property investors to consider buying in regional and coastal areas.
The annual 2020 Property Investment Professionals of Australia (PIPA) Investor Sentiment Survey found more than 17 percent of buyers are now looking outside capital cities.
The ‘social fabric’ of Australian life is changing as capital city workers get the job done from home during the coronavirus pandemic. Pictured: Darling Point in Sydney
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