Downsizing when you retire

Downsizing when you retire

Many retirees consider ‘Downsizing’ their home at some point. This is often for financial reasons (as the current home may now be too big) or to move into a new house better equipped to accommodate them. Over the last few years, Endura Private Wealth has specialised in providing guidance on ‘Downsizing’ for residents from Malvern to Prahran and Caulfield to Glen Iris. Our focus is on achieving a great sale result for you, being smart about the new home purchased and providing guidance on how to invest any leftover sale proceeds.

The following article provides a great summary of the key issues in this changing landscape.

https://www.abc.net.au/news/2020-02-12/older-australians-downsizing-over-55-right-housing-stock-needed/11954726