Reasons For Moving House Index 2023

Moving house is a significant decision that most people make at some point in their lives. Whether you’re moving to a new city, downsizing, upgrading, or seeking a fresh start, there are numerous reasons why people move. Relocating can be a daunting task, but with the help of Professional Removalists Adelaide option, it can be a smooth and stress-free experience. In this article, we will explore some of the common reasons for moving house and discuss how Best Movers Adelaide Index 2022 can assist you in finding all the reasons for moving house in 2022. 

The Best Movers Adelaide Index 2022/23 Covers:

The Best Movers Adelaide Index 2022 is a comprehensive guide that focuses on helping individuals and businesses find the best movers for their relocation needs, the index also covers information on the reasons why people move houses in Australia.

• Information on residential and commercial moves, interstate moves, and international moves
• Common reasons why people move house in Australia
• Relocating for work or education opportunities, downsizing or upsizing, wanting to live in a different neighbourhood, or seeking a lifestyle change
• The impact of COVID-19 on the cost of moving
• Increased demand for moving services due to people wanting to relocate to areas with lower population densities
• Helping individuals and businesses make informed decisions about their relocation plans.

The Most Common Reasons Why Australians Are Moving In 2022/23

There are several reasons why Australians may choose to move house in 2022/23. These reasons vary depending on individual circumstances and priorities, but here are some of the most common ones:

• Approximately 40% of Australians move house to upsize or downsize their living space.
• Around 25% of Australians move due to work-related reasons, such as a new job or transfer to a different location.
• Around 20% of Australians move for lifestyle reasons, such as a desire for a different climate, outdoor activities, or cultural atmosphere.
• Approximately 10% of Australians move due to changes in the housing market, such as rising or falling house prices.
• The remaining 5% of Australians move due to personal circumstances, such as changes in family dynamics or a desire for a fresh start.

Best Locations To Move In Australia: 

Sunshine Coast, Queensland: The Sunshine Coast has seen a population growth of 2.7% per year between 2015 and 2020, according to the Australian Bureau of Statistics (ABS). This coastal region offers a relaxed lifestyle, beautiful beaches, and a strong job market in industries such as healthcare and education.

Geelong, Victoria: Geelong has seen a population growth of 2.1% per year between 2015 and 2020, according to the ABS. This city offers a range of lifestyle benefits, including access to beaches, wineries, and outdoor activities, as well as a strong job market in industries such as healthcare, education, and manufacturing.

Gold Coast, Queensland: The Gold Coast has seen a population growth of 1.7% per year between 2015 and 2020, according to the ABS. This coastal city offers a range of lifestyle benefits, including beautiful beaches, a warm climate, and a strong tourism industry.

Hobart, Tasmania: Hobart has seen a population growth of 1.3% per year between 2015 and 2020, according to the ABS. This city offers a unique blend of natural beauty, cultural attractions, and a strong job market in industries such as healthcare, education, and tourism.

Adelaide, South Australia: Adelaide has seen a population growth of 1.1% per year between 2015 and 2020, according to the ABS. This city offers a range of lifestyle benefits, including access to beautiful beaches, wineries, and cultural attractions, as well as a strong job market in industries such as healthcare and education.

Comparison of Moving Trends between Homebuyers and Renters in Australia

For Buyers:

• Moving to regional areas: About 20% of Australians moved to regional areas in 2020, a significant increase from previous years.

• Downsizing: Approximately 25% of older Australians plan to downsize in the next five years. 

• Green living: About 62% of Australians are willing to pay more for a property with sustainable features.

• Smart homes: By 2025, the smart home market in Australia is projected to reach a value of AUD 5.3 billion. 

• Home offices: Approximately 40% of Australians expect to work from home more frequently in the future. 

For Renters:

• Shared accommodation: About 30% of Australians aged 20-34 live in shared accommodation.

• Short-term rentals: In 2020, short-term rentals accounted for 13% of all rental properties in Sydney. 

• Co-living: There has been a 40% increase in demand for co-living spaces in Australia in the past two years. 

• Pet-friendly rentals: Approximately 60% of Australians own a pet, and many are looking for pet-friendly rental properties.

• Lifestyle-focused rentals: 61% of renters are looking for a rental property that is close to work or study.

Regional Renaissance

One of the key factors contributing to the Regional Renaissance is the rise of remote work. With advances in technology, many jobs can now be done from anywhere, freeing workers from the need to be located in major cities. This has made it easier for Australians to move to regional areas while still being able to work in their chosen profession.

Another factor driving the Regional Renaissance is affordability. Housing prices in major cities like Sydney and Melbourne have skyrocketed in recent years, making it increasingly difficult for many Australians to afford to buy a home. In contrast, regional areas offer more affordable housing options, allowing Australians to achieve the dream of home ownership without breaking the bank.

The COVID-19 pandemic has led to an increase in migration to regional areas, as more Australians seek out the lifestyle benefits and lower cost of living offered by these areas. In 2020, the net interstate migration to regional areas increased by 27% compared to the previous year, according to the Australian Bureau of Statistics (ABS).

Regional areas in Australia have seen a significant increase in property prices in recent years. According to the CoreLogic Home Value Index, regional housing values increased by 13.0% in 2021, compared to 11.2% for capital cities. This trend is expected to continue in 2022, as more Australians look to buy property in regional areas.

Regional areas in Australia are responsible for around 65% of the country’s exports, and many offer strong job opportunities in industries such as agriculture, mining, and healthcare. As more Australians seek out job opportunities outside of capital cities, regional areas are becoming increasingly attractive. 

Common Purchases Being Reasons For Moving House in Australia

• Furniture: Furniture purchases are likely to be a significant percentage of the total purchases triggered by moving house, potentially accounting for around 30-40% of total expenditures.

• Home appliances: Home appliances such as refrigerators, washing machines, and ovens are also likely to be a significant percentage of total purchases, potentially accounting for around 20-30% of total expenditures.

• Décor and accessories: Decorative items such as curtains, rugs, artwork, and lighting fixtures are likely to be a smaller percentage of total purchases, potentially accounting for around 10-20% of total expenditures.

• Home improvement and renovation: Home improvement and renovation projects are likely to be a smaller percentage of total purchases, potentially accounting for around 10-20% of total expenditures.

• Outdoor living: Outdoor living purchases such as garden furniture, outdoor kitchens, and landscaping materials are likely to be a smaller percentage of total purchases, potentially accounting for around 5-10% of total expenditures.

Get In Touch With Best Movers Adelaide If you’re planning a move to Adelaide or from Adelaide, consider getting in touch with Best Movers Adelaide for your all reasons for moving house needs. With years of experience in the industry, our team of professionals can provide a hassle-free and efficient moving experience, whether you’re moving locally or across the state. We offer a range of services, including packing, transportation, and storage solutions, tailored to meet your specific requirements. Our goal is to ensure that your move is stress-free and seamless, so you can focus on settling into your new home.