As we are all well aware there is a distinct correlation between the value of residential housing and availability of employment. In this particular instance I'm referring to trades - plumbers, builders, electricians, painters and so on. So this conversation is aimed at said trades people in relation to RE opportunities.
That said, I live on the SE coast of NSW. Idyllic if you abhor the gridlock of city traffic and have the privilege to breathe clean air. From a RE perspective the radiation effect of Melbourne and Sydney has only recently reached the SE coast, and property prices have experienced a modest rise. Even so, one can still purchase a modest 3br x 2br home for circa $500,000, or a stunning 4/5br x 3br home with magnificent sea views for circa $1 million: a far cry from comparable Melb/Syd prices with the added bonus of living in a relative paradise.
Towit, I often hear folks grumble about the lack about the lack of employment opportunities in like areas (keep in mind that I'm only talking about trade professions here). So here's my recent experience: A 6 week wait to get a locksmith, requiring 4 follow up calls before they arrived. A 14 month wait to get a painter (and job still not done). A standard wait of 2/3 weeks for electrician and plumber (unless its an emergency). And so on and so on. Remarkable for coastal towns that boasts independent populations of circa 8/10 thousand inhabitants.
So if the tradies want to escape the grind of city life and wish to enjoy the benefits of cheaper housing and a great life style, the opportunities are out there.
