Young Sydney families are slowing moving away from the hustle and bustle of city life and into the Southern Highlands due to its value and lifestyle offering, a real estate agency has suggested.
Di Jones Real Estate who first established an office in Woollahra in 1992 has decided to capitalise on the trend of migrating home buyers by opening its maiden office in the Southern Highlands on Feb 18.
“We’ve had a presence in the Southern Highlands since September 2015. As part of our strategic plan and the expansion of Di Jones Real Estate, and having identified these specific migration patterns, we decided to open a full-service office in Bowral,” Di Jones Real Estate CEO Rob Ward said in a statement on Monday.
He said Bowral, Mittagong and Moss Vale, as well as the surrounding villages, are seeing huge interest from the Sydney market as well as those seeking a weekend home.
“Record house prices across Sydney are seeing people looking for affordable options.
“The Southern Highlands not only represents great value, it’s a lifestyle destination where families can enjoy an abundance of space.
“In the Southern Highlands, the entry-level property market extends from $350,000 to $1 million, while its prestige market is unparalleled in both affordability and grandeur due to an abundance of mature estates.
“Close proximity to Sydney sees some choosing to commute, and with the NBN now available in the Southern Highlands many run their own business from home or are negotiating flexible working arrangements with their Sydney employers.
“The 2016 Census data, when it is released in the coming months, will confirm there’s been a clear shift of Gen X couples and families who have moved away from the inner city suburban life to greener and far more affordable pastures.
Ward said the Di Jones office in Bowral was officially opened to an enthusiastic crowd on Feb 18 and will continue to leverage our company-owned network and database.
“Already we’ve experienced multiple occasions where we’ve sold properties directly through our database to existing clients from Sydney,” Ward said.