Aussies flee cities for regions in record numbers

Regional property markets in Australia are experiencing record-breaking population growth as residents leave capital cities in unprecedented numbers. The regional movers index has reached its highest level since record-keeping began, with home values in regional areas rising 0.33% in June and over 1% in the past three months. Affordability, larger homes, remote work opportunities and lifestyle preferences are driving the trend, particularly as cost of living pressures intensify in major cities.See omnystudio.com/listener for privacy information.