Dec 22, 2022 | Author: Colette Chester, Downsizing
The kids have probably moved out, there are extra rooms and unused space, and you just don’t have the same requirements that you once did. Circumstances change and downsizing to a smaller property mightn’t sound like a glamorous change, but it can come with several...
Dec 22, 2022 | Author: Colette Chester, Downsizing, Property Investment, Tips when looking to buy a property
It doesn’t matter if you are looking to free up equity, if you are an empty nester or just got tired of living in a big house in the suburbs and want to move to closer to the action, the fact is that thousands of homeowners are looking to downsize every year. Did you...
Dec 22, 2019 | Author: Colette Chester, Downsizing, Tips when looking to buy a property
From 1 July 2018, Australians aged 65 years or older are able to make a non-concessional (after-tax) contribution into their super account of up to $300,000 from the sale proceeds of their family home if they have owned the property for at least 10 years. The...