For many Australians, getting a breather on the mortgage, having more living space, and drinking in the fresh air are draw-cards motivating city-dwellers to move away to the beach or the country.
Today’s sea and tree changers are different than a generation ago – almost 80% of sea and tree changers are under the age of 50 with young families. These families are moving away from an emphasis on ‘living to work,’ instead wanting to ‘work to live’.
But for 1 in 5, a sea or tree change doesn’t work out, instead proving a costly exercise.
Mark McCrindle joins Today Tonight to discuss what it looks like for Australians to move away from city living: