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Second wind for regional housing markets as exodus resumes

High costs of living and soaring house prices are fuelling another wave of regional migration, experts say.

Nila Sweeney
Nila SweeneyReporter

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Expatriate Christian Cuneo loves Sydney and considered buying a home there after deciding to move back to Australia last year. But he changed his mind after considering what he wanted from his home – and the city’s soaring house prices.

“I had a look around Sydney, but realised how expensive house prices were, and when I saw what I could get in Newcastle, I decided to buy there instead,” he tells AFR Weekend.

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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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    Original URL: https://www.afr.com/property/residential/second-wind-for-regional-housing-markets-as-exodus-resumes-20250127-p5l7eo