THE push for bush living isn’t unique to Leeton, but a new wave of investors are leaving their footprints in the shire.
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For years towns such as Leeton have tried to thrust themselves into the city spotlight calling for those that live there to make a change and move to “the bush”.
While many have taken up that offer, especially because of the easier lifestyles and cheaper cost of living, there’s a new breed of city dwellers who are taking not of places like Leeton.
Glenn Preston from Glenn Preston Real Estate explained.
“Just on the weekend I had a couple from Sydney here looking to buy investment properties in Leeton … they are looking at buying two,” he said.
“So, say that’s around $400,000 for them, they are getting two homes here in Leeton when they still wouldn’t be able to get into the market in Sydney for that amount of money.
“What they will do is rent those homes out and perhaps in a couple of years cash out with a good return and then see if they can afford to buy in the city.”
Mr Preston reported there was still people moving to Leeton from metropolitan areas.
“There’s been a family recently who have come to town … a lot of the time it’s for a lifestyle change, especially if they are a young family,” he said.
The average median house price in regional areas is around $270,000, meaning it is plenty cheaper to buy a home in a place like Leeton.
Leeton Shire Council deputy mayor George Weston has long been an advocate for bringing more people to town from the city, especially through his involvement in the past with the Country Change expo.
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At that event councils from all over would converge on Sydney to encourage prospective residents to move to their towns.
Cr Weston said there were plenty of job opportunities in Leeton. “It’s just a more relaxed lifestyle … people that want to move here will, but I think it’s something we should continue to push,” he said.