Go to where the jobs are

Are you thinking about moving for work? Relocating for a job can be a great move for some but might not be right for everyone.

Things to consider before you relocate

Relocating is a big move and needs careful consideration.

Before you jump into relocating for work, think about the following questions:

How much it will cost to move?
Do I have a job lined up? If not, what type of jobs are available that I would like to do?
Do I have the skills and experience to do these jobs?
How much will I earn when I first start work? Will it be enough to cover my living expenses in my new location?
Where will I live? How much will it cost and how far it is from the jobs I could do?
Is there public transport? How long would my commute be?
Do I know anyone in the new location?

Talk to your family and close friends. Moving can have an impact on them, so their views are important. Discuss any concerns they have before making your decision.
Research trusted sites for information on the jobs or courses you want and where they are available. The Labour Market Insights website provides information on specific occupations.
Be proactive about looking for work. Ideally, you would line up work before you move. Check out national jobs boards to help you find a job. Focus on locations with the most job vacancies in your chosen field. Don’t wait for employers to advertise. Contact employers you want to work for in the new area even if they aren’t advertising. They might have job opportunities available.
Make a budget. Starting a job in a new location can be an adventure but also a challenge. Good planning will help you balance your budget so you can manage any debt. Create a rough budget of potential living costs to get an idea of how far your money will stretch.
Build up connections in your new location. If possible, visit the place you want to move to. Find out about rent, transport and potential employers. Join professional associations and do some networking to find out where the jobs are. Consider linking with community groups or volunteering organisations in your new location as a way to meet new people.

There are a range of tools that can help you better understand your finances and budget on ASIC's MoneySmart website.

Once you think about your options, you’ll be able to make a well-informed decision.