With a focus on cost-of-living pressures since the post-Covid spike in inflation, many homeowners have been investigating the benefits of downsizing or taking out a reverse mortgage – and sometimes both. The impetus to downsize usually strikes so-called “empty-nesters” – those couples whose adult children are no longer living in the family home. But levies…
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The act of moving from a larger home to a smaller one, often called downsizing, is becoming an increasingly popular choice. While often associated with empty nesters and retirees, downsizing can offer advantages to anyone looking to simplify their life, reduce expenses, or embrace a new chapter that includes limiting their personal carbon footprint. Downsizing…
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As our population ages, the demand for homes that cater to the unique needs of seniors is growing rapidly. Creating a living space that allows individuals to age in place—remaining comfortably and safely in their own homes as they grow older—is a priority for many families. Thoughtful design choices can make a world of difference…
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As the old saying goes, life’s only inevitabilities are death and taxes. In the world of real estate, we’re facing not death but a so-called “silver tsunami” of aging owners who want to downsize or move into a retirement village. The need for our seniors to leave their family home is often hampered by transaction…
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Australian property continues to record value growth as the year gets into full swing, offering an opportunity for sellers to capitalise on the upbeat mood. The decision by the Reserve Bank of Australia to leave the cash rate at 4.35% is a significant sign, creating the possibility that buyer concerns about mortgage costs will now…
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Whether you want to upgrade your home or you’re a first-time buyer, the recent interest rate rise imposed by the Reserve Bank of Australia (RBA) on Melbourne Cup day will be of more than passing interest. Families, couples and singles in the throes of buying their next or first property will want to know the…
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Hanging onto the family home can become needlessly expensive once the kids have left home. As you get older, maintenance becomes burdensome and cleaning and gardening steals hours from your week. However, if you get your sums wrong, you’ll find yourself in no better position, or worse. So, discuss your downsizing plans with your financial…
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With confidence returning to the property market, owners with medium-term plans to sell are asking two key questions. Many buyers want to know if now is the right time to move, and whether it’s best to sell first and then purchase, or to find their next dream home and then put your current place on…
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Downsizing is a common trend among homeowners, particularly those approaching retirement or experiencing lifestyle changes. This shift can offer financial benefits and a simpler living arrangement that better suits evolving needs. As an experienced local agent, I’ve observed that cash transactions often increase during periods when financing becomes more challenging. This trend can benefit those…
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Hardly a day passes without another article published on the wonders of living in regional Australia and how the thousands of sea and tree-changers who’ve bitten the bullet have never looked back. So, as we descend into winter, it’s a great time to consider whether leaving the city for the bush or beach is everything…
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