Things to Consider When Making a Tree Change
Living in the city can be overwhelming, which is why many people are opting for a tree change—relocating to the countryside to enjoy a simpler lifestyle. With the rise of remote work, more individuals are considering this option.
This article outlines important factors to think about before uprooting your life and moving to a small town.
Housing Affordability
Consider the cost of buying or renting a home in the countryside. Properties in rural areas are generally more affordable than in urban areas. For example, a modern 4-bedroom family home in Wodonga can be rented for about $390 per week, whereas a similar home in Glen Waverley would cost around $610. Buying a comparable home in Orange would be slightly over $500,000, while in Hornsby, it could exceed $1 million. Websites like Domain can help you find properties in your search.
However, keep in mind that there are other factors to consider. Some rural towns cover large areas, leading to higher maintenance costs and increased council and water rates due to fewer residents. If you’re in a high-risk bushfire zone, insurance premiums may be higher, and building in such an area could require costly modifications to meet fire safety standards. Additionally, living in the countryside may require adjusting your lifestyle, as eating out and shopping frequently can be more expensive.
Make sure to calculate all costs associated with a tree change. Consult local councils about rates and levies, carefully review the Section 32 when buying land, and understand all zoning requirements.
Work Opportunities
Government incentives often encourage industries and businesses to move to regional areas, resulting in the growth of employment opportunities. Before finalising your decision, it’s wise to check the job market in your desired area and, if possible, secure a job beforehand.
Making It Work
Remember that living permanently in the countryside is different from a relaxing holiday. Consider the following aspects:
- Schools: Research the quality of schools in the area you plan to move to.
- Medical Facilities: Assess the accessibility and availability of medical services.
- Community Infrastructure and Activities: Find out what community resources and activities are available.
In rural areas, access to necessary services may be limited, and you may need to travel long distances. Some areas might lack local water access, requiring rainwater tanks or alternative supplies. Electricity connections can also be unreliable in certain regions. Additionally, investigate internet and phone connections, especially if you intend to work from home.
Before making a tree change, conduct thorough research and create a plan to ensure a smooth transition.
A tree change can be a fantastic experience, but it’s not for everyone. Consider the impact on your lifestyle and finances before deciding to relocate.
Consulting a financial adviser can provide you with peace of mind by exploring various strategies and helping you make an informed decision. If you still feel that a tree change is right for you, embrace the new life and enjoy the experience to the fullest.
