Adelaide as Australia's startup hub?

Reading this article this morning got me to thinking.......

"What would it take for you to relocate your Sydney based startup to Adelaide?"

- http://www.yourinvestmentpropertymag.com.au/news/adelaide-unveils-its-ten-gigabit-city-network-239256.aspx


When you look at property prices in Sydney and the amount of snatch hiring (where other startups are stealing your staff) although neither are as bad as silicon valley you have to wonder "why don't more founders relocate to cheaper locations"? Especially if you have a state govt who is looking to promote themselves as the "smart city".

You only have to look at the success that has happened in Boulder Colorado (read up on how they became an oasis of startups from a few VC's like Brad Feld deciding....SF and NYC sucks - lets video conference from now on) to see that there is potential for Adelaide to rapidly leapfrog Syd/Mel to take the lead.