Sydneysiders opting for regional cities

By Your Mortgage
In 2015, more than 142 families relocated from Sydney to Dubbo – the most popular among seven regional cities in the Evocities marketing campaign that aims to encourage Sydneysiders to move to Albury, Armidale, Bathurst, Dubbo, Orange, Tamworth, or Wagga Wagga.

With a 3.2 per cent unemployment rate – the lowest of all seven aforementioned cities – Dubbo has a very strong local economy that continues to attract more families. In comparison, the unemployment rate in New South Wales is at 5.3 per cent. The Evocities jobs website has 54 active jobs listed for Dubbo, including six for accounting and 14 healthcare and medical positions.

According to Dubbo Mayor and Evocities Chairman Mathew Dickerson, jobs in the education and health industries have a standard wage that does not differ from the ones in the capital cities.

"It's one of the myths – that if I move to the country I won't have decent pay," Dickerson said. "For some jobs, there may be a slightly lower pay packet, but the cost of living is dramatically less and the mortgage or rent and commute costs are lower."

Similarly, Blanche Robinson of Elders Mckeowen Real Estate said that she has seen many home buyers from Sydney resettle or invest in properties in Dubbo.

"Some think they'll only stay a few years, but they end up staying because they really like the lifestyle change," she said.

Since the launch of Evocities in 2010, more than 2,500 households have moved from Sydney to the seven cities by the end of 2015.