Thinking of Downsizing?
We find that in general, downsizers move from a three to four bedroom house to a smaller two to three bedroom house. Your decision to move is usually based on lifestyle changes and the inability or not wanting to maintain the house and garden. Many downsizers would prefer to enjoy their retirement and travel, rather than be burdened with the maintenance of a large home.
Selling the family home of 20 -30 years, dealing with real estate agents and the process of moving is a stressful task. You then need to find a property suitable for your lifestyle requirements. It needs to be both manageable in size and still large enough for family to visit. Also proximity to important amenities such as transport, shopping and health care facilities must be carefully considered.
Sunshine Coast property and lifestyle options for Downsizers
The Sunshine Coast has a lot on offer for Downsizers in their next chapter in life! Not only are there many property options for retirees but you can’t beat the lifestyle and weather!
The Sunshine Coast has many property options for you to transition from a large family home. If apartment living appeals to you, there are smaller developments that offer water views and beautifully designed units with the latest finishes. If you want an alternative to apartment living, there are freehold homes on small lot sizes that offer all the lifestyle benefits of the Sunshine Coast, proximity to the beach, shops, cafes/restaurants, hospital and airport.
For those retirees who want a tree change, the Sunshine Coast has stunning acreage properties to choose from in the Hinterland and Glass House Mountains.
The Sunshine Coast is a fantastic region to transition to retirement and enjoy the next chapter of your life. The weather is warm all year round so you can enjoy the outdoors. There are plenty of things to do such as swimming and walking at the beaches, visit the national parks and scenic drives through the hinterland and Glass House Mountains. There region has large city conveniences such as the Sunshine Coast airport and the SC University Hospital/ Health precinct as well as shopping and cafes/restaurants.
Financial Incentives for those over 65
You should also consider the new 2017 Federal Budget Downsizing incentives. From 1 July 2018, people aged 65 and over will be able to make a non-concessional (post-tax) contribution into their superannuation of up to $300,000 from the proceeds of selling their home.
If it’s been a while since you have been in the property market, engaging a buyers agent is extremely helpful. SC Buyers Agents can search and find the right property for your requirements. Also, a buyers agent is a professional negotiator that works for the buyer only to secure the best price on your behalf.
Call Us at SC Buyers Agents to talk to us about the downsizing options available to you on the Sunshine Coast!