How and where will we live post-pandemic?

For decades, most people have wanted to live close to a city, even though many could never afford to buy a house or even a unit there due to property prices.

The main reason was so they could be close to their employment, but also the inner-city usually also had most of the cool stuff to do.

Society will no doubt change significantly after the coronavirus pandemic and one of those changes will be how and where we choose to live.

Sure, some people will still want to be close to the action and are happy to rent there while, perhaps, investing in more affordable locations elsewhere.

However, with most of us experiencing remote working over the past few months, many employees, and most importantly employers, will recognise that they don’t physically need to be in the office every day of every week.

That said, offices full of staff are not going to disappear entirely, because businesses need the collaboration and creativity that comes from their people being together in the same place at the same time.

But a mix of remote and onsite working is likely to become the norm for many people and I believe that will change their property mindsets.


Lifestyle priority


Whereas, a mere few months ago, most people would struggle to consider commuting an hour or more a day for work, if they had to do that just once or twice a week, they probably will.

And that means that they will be more open to living in a house rather than a unit as well as buying in suburbs that were once considered “fringe”.

Rather than making some sort of peace with only being able to afford to buy or rent a one-bedroom unit close to a city, they will recognise that for the same price they can purchase, or lease, a three- or four-bedroom house in a leafy suburb further afield.

Such locations, previously known as “outer-ring”, were always more affordable because of their distances to city centres, which was where most people had to commute to for work reasons.

Now, though, many people won’t have to do that at all and even if they do, it may only be once or twice a week.

Who wouldn’t want to live in an area that boasts lifestyle in spades as well as oodles of open space rather than being cooped up an 50 square metre unit that has views of the next building?


What will this mean for property prices?

Our property investment strategy, both personally and professionally, has always been about buying affordable properties with superior cash flow and capital growth prospects.

While we can’t say we ever envisaged such as significant societal change as we’re about to experience, we always understood that these locations offered low-risk investment opportunities because of their affordable buy-in prices and reliable tenant pool.

Even before the coronavirus, outer-ring city suburbs and even major regional locations, were already benefitting from the work from home movement as well as their more affordable property prices.

That was simply because property prices in our two biggest capital cities had become unaffordable for most first-time buyers and investors.

Consider somewhere like Geelong, which was always second fiddle to Melbourne, but where median house prices have increased by 55% over the past five years.

A decade ago, if someone invested in Geelong people probably thought they were a little crazy, but they certainly can’t say that to anyone who has done so over recent years, like us and our many of our clients, too.

While no one knows what the future will hold post-pandemic, it’s clear that how and where we live with change, which is something that has happened every few generations.

So, perhaps, we will return to the days when the wealthy lived further from the city to make the most of the fresh air and the abundance of natural beauty.

And savvy investors who own property in those locations are the ones set to benefit the most of all.

High-Performance Property Investment in
5 Simple Steps

In this free guide, you will learn how to Implement the same strategies that led me to build a $3.5 million dollar portfolio in less than six years. – Daniel Walsh

Related Post


Respecting your Privacy

Your Property Your Wealth Pty Ltd (YPYW) is committed to supporting the Australian Privacy Principles for all fair handling of Personal Information which set clear standards for the collection, use, disclosure, storage of and access to Personal Information collected during the course of business operations and compliance with the Privacy Act 1988 (Commonwealth) and its amendments (the Act), and the Australian Privacy Principles (APPs) set out in that Act. You can see the full text of the APPs online at the Office of the Australian Information Commissioner’s website at:

Personal Information means your name, mailing or residential address, telephone number, email address and other transaction and registration details including the company you work for and your role and financial information, including credit card information and information collected from credit reporting agencies.

Our respect for your rights to the privacy of your personal information is paramount.  We have policies and procedures in place to ensure that all personal information, no matter how or where it is obtained, is handled sensitively, securely and in accordance with the APPs.

This Privacy Policy sets out:

  • What sort of personal information is collected and stored;
  • How information is collected and used;
  • What happens if you choose not to provide the required information; and
  • How you can request access to the personal information we hold about you.

From time to time it may be necessary for YPYW to review and revise this Privacy Policy. We reserve the right to change our policy at any time. Amendments or replacements of the Privacy Policy will be posted on our website.

Collection of Your Personal Information

We only collect personal information relevant to our business relationship with you so that we can provide our services and products. We may collect your personal information:

  • directly from you including via telephone, email or facsimile;
  • when your register on our website;
  • when you place an order or service request with us;
  • where you access and interact with our website;
  • from other sources including a third party such as credit reporting; and
  • any correspondence we receive from you.

Is your personal information secure

Where you submit personal information, we manage it by using up-to-date techniques and processes that meet current industry standards to ensure that your personal information is kept secure and confidential. We also take measures to destroy or permanently de-identify personal information if it is no longer required.

Use and Disclosure of Personal Information

You acknowledge and consent that by providing your personal information to us that we may use and disclose your personal information for the purpose for which it was collected or for a related or ancillary purpose such as:

  • supply of our services and products to you in accordance with our Terms and Conditions and any agreement entered into with you, to facilitate, process, carry out and respond to your request;
  • to our third party service providers to assist us in providing and improving our services and products to you and developing, improving and marketing our services and products to you;
  • for regulatory reporting and compliance with our legal obligations, to various regulatory bodies and law enforcement officials and agencies to protect against fraud and for related security purposes;
  • to the seller or supplier of any products to you for the purpose of ascertaining and obtaining any information required to perform our services for you;
  • to identify you and conduct appropriate checks, including credit checks;
  • set up, administer and manage our services and products and systems, including the management and administration of an account;
  • to train and develop our staff to better provide services to you;
  • to contact you; and
  • to our successors and/or assigns

What happens if you do not want to disclose personal information?

You have no obligation to provide any personal information requested by us, but if you choose to withhold personal information, we may not be able to provide you with the products and services that depend on the collection of that information.

Removing your personal information

You may contact us at any time in writing and request that we remove and delete your stored personal information.

Providing Personal Information About Another Person

You represent to us that where you provide personal information to us about another person, you are authorised to provide that information to us, and that you will inform that person who we are, how we use and disclose their information, and that they can gain access to that information.

Linked Sites

YPYW’s website may contain links to websites which are owned or operated by other parties. You should make enquiries as to the privacy policies of these parties. We are not responsible for information, or the privacy practices of such websites.

How can you access your personal information?

You may in writing request access to personal information that we hold about you. We will provide you with access to personal information in accordance with the Act and APPs and we may not grant you access to the personal information that we hold where the APPs allow us to do so. If you are refused access to information, we will provide you with reasons for the refusal in writing.

How to contact us

If you have any questions in relation to privacy, please contact us on 0490 912 045 or email Daniel Walsh – For more information about privacy law please visit

High-Performance Property Investment in 5 Simple Steps

In this free guide, you will learn how to Implement the same strategies that led me to build a $3.5 million dollar portfolio in less than six years. – Daniel Walsh