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Relocation Factors: Choosing A New Place To Live

November 03, 2020

There’s a lot of reason to move into a new place.

Whether a job transfer, family proximity, better education system, safe community, or just a change of scenery.

Relocation is not just about buying or renting a new house in a different location, It’s about having a new home where you could spend most of your life that will welcome you to another community or will open doors for new opportunities.

Reliance is here to help you understand some important factors before you proceed with one of the most life-changing decisions you’ll ever make — relocation.

Cost of living

Affordability is one of the most important factors to consider in your relocation. The level of prices relating to your everyday goods and services all depends on the town, city, or suburbs you’re living in.

For example, in Australia, the cost of living in Sydney is about 11% higher than the cost of living in Melbourne. Living comfortably within your means in your chosen place contributes to your financial stability.

Transportation and accessibility

The setting of a place or area is crucial to the accessibility of facilities and the flow of transportation. Do you prefer a big city? A small town? or something could be in both settings like suburbs? This is a matter of preference.

A bigger city usually has more access to various facilities that can cater to your needs or wants but if you’re the type of person who wants to avoid the density of people, establishments, and heavy-traffic then smaller towns might be the best option for you.

Job opportunities

Career or employment opportunities should be a prime factor to consider as they are the biggest or only contributor to your income — the source of settlements for your expenses.

You may be relocating to have a quick travel time from the office you’re currently employed but there’s no assurance that you will be working in that company for longer years. Do your research in a particular area to determine if there’s a lot of opportunities for you to get before you consider moving.
You might find a place where there’s a lot of business establishments that can offer jobs that are aligned with your profession.

Housing

Choosing a house is not as simple as choosing a good-looking exterior and interior of a property. It might attract you for its beauty but housing is more than that. Always think for the long-term as you’ll need to consider your future like starting a family or financial capacity.

A small house may not accommodate your future of having a growing family. Keep in mind that financial capacity is always unpredictable as it changes through expenses, taxes, employment through time. If you can’t afford to buy a home in a costly city, A suburb might be the perfect place for you!

Here in Reliance, we have a pool of top-notch real estate agents assigned in various suburbs of Melbourne and the Victoria region that can provide you quality assistance in choosing the perfect home for you.

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