As our aging population becomes increasingly cash-poor and asset-rich, the option to downsize their properties becomes increasingly attractive. Once the children have flown the coop, hanging on to the family home becomes needlessly expensive, especially in these days of skyrocketing gas and electricity prices. Generally, the family home can be said to be “not fit…
Read more
As Australia’s aging population becomes increasingly cash-poor and asset-rich, the option to downsize their properties becomes increasingly attractive. Once the children have flown the coop, hanging on to the family home becomes needlessly expensive, especially in these days of skyrocketing gas and electricity prices. Generally, the family home can be said to be “not fit…
Read more
If you’re approaching retirement or have just crossed that threshold, this type of social commentary in the media isn’t what you want to hear. Thankfully, one of the possible solutions is to downsize your home, transforming the value in your current property into savings that can support your retirement lifestyle. Of course, it doesn’t take…
Read more
If you’re a parent with adult children who’ve successfully launched, statistics show you’re among the most likely demographic to contemplate whether you should downsize. As an experienced agency in our area, we have worked with many couples seeking to downsize in this area, maintaining an excellent lifestyle while reducing the obligations of owning a family…
Read more
The decision to downsize is often emotional, requiring you not only to say goodbye to the family home that holds so many memories but let go of possessions that no longer have a place in your life. Downsizing remains an important option for those approaching later years and looking for less stress. Once the kids…
Read more
If you’re a parent with adult children who’ve successfully launched, statistics show you’re among the most likely to contemplate whether you should downsize. Downsizing is one of the most popular reasons to move home for those aged 53-64, according to the National Association of Realtors. As an experienced local agent, I work with many couples…
Read more
If you’ve been on the fence about whether to finally sell your long-held family home and capitalise on today’s record-high property prices, a new law designed to encourage downsizing may be great news for you. New changes from the Federal Government mean the age that you can now deposit the proceeds of a property sale…
Read more
Society is great at coming up with names to capture the mood of the moment. “Nimbys” (not in my backyard) is a favourite for those who don’t want progress, and then there are the “empty-nesters”, describing parents whose adult children have left the family home. The latest phrase doing the rounds in real estate is…
Read more
Anyone seeking to climb the property ladder has the challenge of trying to pick the best time to buy or sell. Smart owners and investors focus on the movements of the four-stage Property Cycle to help them make a judgment. As an experienced local agent, I’ve worked with many property professionals who study this cycle…
Read more
In the current property market, it’s not unusual for owners to suffer a little price envy, having seen their neighbours achieve an excellent sales result for their home. With national values rising at their fastest rate since the 1980s, there will always be occasions when houses and apartments far exceed price expectations. And yes, it…
Read more
