Downsizing your home can be one of life’s biggest transitions—and for many Australians, it’s a decision driven by both lifestyle and financial needs. Whether you’re looking to simplify your living situation or unlock equity for retirement, there are several important factors to weigh up before you make the move.
Here’s what to consider before you downsize—and how RealFuture’s long term settlement can help make the transition easier and smarter.
1. Your Home Might Be Bigger Than You Need
One of the most common reasons people choose to downsize is that the family home has become too large. The kids have moved out, and the extra bedrooms, bathrooms, or even garden space now feel unnecessary or burdensome.
2. Maintenance Costs Can Be High
Larger homes often come with ongoing costs—cleaning, repairs, gardening, and utilities. Downsizing to a smaller property like a unit, townhouse, or retirement village can significantly reduce maintenance stress and expenses
3. Location and Lifestyle May Be Changing
Many downsizers are looking to move closer to urban centres, public transport, health services, or family. Often, this means transitioning from a freestanding home in the suburbs to a smaller property in a more central location.
4. You May Need to Free Up Equity for Retirement
For many retirees or those approaching retirement, accessing the equity in their home is essential to funding day-to-day living expenses. For example:
If you sell a home for $1.2 million and buy a smaller property for $700,000, you could free up $500,000 in equity—minus any transaction costs like stamp duty and agent commissions, which could reduce this by around $100,000.
This financial release can offer significant peace of mind, but the process of selling and buying within short settlement windows can cause stress and pressure.
5. The Traditional Downsizing Timeline Is Stressful
The typical real estate settlement periods—30, 60, or 90 days—can create enormous pressure. Sellers are often forced to:
- Make major financial decisions under tight timeframes
- Leave a beloved home filled with memories too quickly
- Secure and move into a new home within just weeks
This rushed process can lead to poor decision-making and missed opportunities.
A Smarter, More Flexible Way to Downsize with RealFuture
At RealFuture, we understand the emotional and financial complexities of downsizing. That’s why we offer Long Term Settlements, designed to take the pressure off and give you the breathing space you deserve.
Key Benefits of RealFuture’s Long Term Settlement:
- Sell your home on your terms with a settlement period of 12 to 36 months
- Access 10% of your home’s value upfront—without needing a loan
- Stay in your home while you plan your next move, giving you time to explore lifestyle options like retirement villages, coastal homes, or relocations
- Secure your buyer and price today, and move when you’re ready
For many downsizers, especially those looking to enter a retirement village (which often have 12–18 month lead times), this model provides a perfect solution.
RealFuture: The Smart Way to Downsize
Don’t let the stress of tight timeframes and rushed decisions take the joy out of your next chapter. With RealFuture, you can take control, unlock equity, and transition at your pace.
Learn more about how RealFuture works or speak with our team today to explore your options.
