Australia’s hidden gem takes the top spot for affordable living

In a consistent pattern over the past five years, regional markets have often dominated the top 10, with Geraldton reigning supreme this year, effectively dispelling the notion that capital cities offer the best capital growth and showcasing the consistent outperformance of regional markets.

Geraldton secured the coveted first position in Hotspotting’s Exodus to Affordable Lifestyle report, an annual report that tracks the trend of people migrating from metropolitan areas to regional havens in search of a more budget-friendly and appealing lifestyle.

With similar quality housing at a fraction of the price compared to metropolitan areas, along with its stunning coastal lifestyle, Geraldton is attracting both investors and lifestyle seekers.

But if Mandurah is more your vibe, the good news is the more central, coastal town also secured a top-10 spot!

WA Country Builders build homes across the Mid-West, from Kalbarri to Cervantes. In fact, we consistently win awards

Geraldton’s once-hidden charm is now in the spotlight, as Hotspotting’s Exodus to Affordable Lifestyle report reveals it as Australia’s top destination for affordable living.

Geraldton’s rise to the top spot is attributed to its comparable housing quality at significantly lower prices and the allure of its coastal lifestyle in the Mid-West region. With its robust economy and numerous investment prospects, it’s easy to see how Geraldton has become this popular.

It’s worth noting that Geraldton had quietly performed well for several years, attracting both investors and lifestyle seekers. However, it’s not the only Western Australian location on the list, with Mandurah securing the fifth spot.

We have offices in Bunbury and Busselton with specialised staff that know the areas well. We have more than 70 designs – with more being added very soon! Meaning we can give you the biggest choice of new home designs by a country mile.

Speak to the local team in Geraldton today.

Top 10 affordable lifestyle locations according to Hotspotting’s Exodus to Affordable Lifestyle report

Source: The West Australian