Downsizers

Downsizing Your Home

While downsizing is commonly associated with moving into smaller homes and retirement, the reality is far more diverse. In fact, for our clients it often represents a new chapter of freedom, one that can be made at different life stages. There certainly isn’t a one way fits all approach. Some decide to downsize when their children have left home, continuing to work and be active in their current community, however find the size of their current home is more than they need. Others will opt for a larger move as they approach retirement and look to secure a property in a seaside or an inland location.  Some even choose to secure two properties—one as an inner ring base and another as a sea or tree change.

Downsizing doesn’t mean compacting into a small apartment, unit or retirement village. Our clients typically purchase homes with less maintenance, spanning one level or featuring the main bedroom and amenities on the ground floor – generally a smaller version of the home they have come from. This allows for a lock-and-leave lifestyle, offering more time for travel and financial independence. The ideal downsizing property boasts features such as a low-maintenance garden, courtyard, garage, proximity to community amenities, a well-appointed kitchen, and spacious living areas for entertaining family and friends.

Find The Right Property

We understand that downsizing is a significant milestone, and having the right team is crucial to planning your next property purchase. Our dedicated team ensures thorough due diligence to match your needs with the ideal property and location, providing comfort in your decision-making process. As downsizing often involves using equity from the current home, our strategic approach ensures a smooth transition tailored to each client’s individual needs, including seeking advice from accounting or financial planning professionals.

The process of selling your current home often brings its own set of challenges, particularly when you’re considering a move from your current suburb. It involves leaving behind memories, an area where routine feels like second nature, and a community of friends that have become an essential part of daily life. Starting over in a new location means leaving behind more than just a house; it means stepping away from the shared experiences and connections that have made your current suburb feel like home

Case Study

Downsize of Family Home and Purchase within the Same Location 

Location: Bayside Melbourne 

Clients Brief: Our clients were looking to downsize from their cherished family home of more than three decades, situated on a spacious block with a lush garden. Their primary objective was to remain in the same area, opting for a free standing property with 2-3 bedrooms and an ensuite, all on one level with a small garden and lots of natural light. As they would be using the funds from the sale of their home for this purchase, aligning settlement terms to reduce the stress of moving was also a key factor in their search.

Our Solution: We successfully secured an unconditional sale for their current home, providing them with flexible settlement terms. This enabled them to commence their search with a clear understanding of budget.

We secured them the ideal property, offering street frontage, filled with natural light, 3 bedrooms, 2 living areas, ensuite and a second central bathroom. Additionally, it also featured a lock up garage, a private front garden and side courtyard, all conveniently located just a 6 minute walk from all amenities.