Selling in Sydney and moving to the coast or country is a dream for a lot of people. With regional values up 5.6% over the year to September 2026 while Sydney fell 7.0%, according to Cotality, the gap has narrowed a bit. But for many, the move still frees up significant equity.
Here's how to make the finance side go smoothly.
Work out your numbers first
- What will your Sydney home realistically sell for in today's market?
- What do you owe?
- What will selling cost (agent fees, marketing, legal)?
- What will the regional home cost, plus stamp duty?
Many sea changers end up with a much smaller loan, or none.
Employment and income
Lenders assess your income at the time you apply. If you're moving jobs, going part-time or starting a business:
- Apply for finance before you change jobs, if possible
- Remote work: provide your employer's confirmation if you're keeping your city job remotely
- Starting a business: lenders usually want a trading history. Plan ahead.
Buy first or sell first?
With homes taking longer to sell in 2026 (median 39 days nationally), selling first is often safer. If you buy first, you may need bridging finance. See buy first or sell first.
Stamp duty
As a non-first home buyer, you'll pay standard NSW transfer duty on your regional purchase. Factor this into your budget.
Lifestyle properties
Acreage, hobby farms and rural-residential blocks may fall under rural lending policies. Lenders consider:
- Land size and zoning
- Whether the property generates income (farming)
- Access, water and services
Insurance
Coastal and bush properties can carry higher premiums for bushfire and flood risk. Get quotes before you exchange.
Keeping your Sydney property
Some people keep their Sydney home as an investment and buy regionally. This changes the loan purpose on your Sydney property, may affect your rate, and has tax implications. Speak to your accountant about the main residence exemption and land tax.
Frequently asked questions
Can I get a loan for a regional property if I'm still working in Sydney?
Yes. Lenders assess your income, not where you work.
Do regional properties get the same rates?
Usually, if they meet the lender's criteria.
What if I want to build?
A construction loan can fund building on land you buy regionally.
Planning your move out of Sydney? Call Finfident on 02 6416 2142, or Call, Text or WhatsApp 0424 545 654. We're based on the coast and help people make this move all the time.
Want to know if this applies to you?
Talk it through with a Finfident broker. It's free and there's no obligation.
