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Should you downsize your property in Bellmere?

By James Brown

There may come a time when your property in Bellmere becomes too much to manage, in which case downsizing could be a great option.

A recent survey from the Australian Housing and Urban Research Institute revealed that many people are considering doing just that – and it's becoming increasingly common for over-50s.

Respondents were asked what their main reasons were for downsizing. The most common answers were the need for a lifestyle change, or the inability to manage a large house or garden.

Some people chose to move for financial reasons, while others made the decision once they'd retired or their kids had left home.

However, not everyone finds the process easy, as many respondents said they encountered difficulties with finding age-friendly dwellings. Others faced practical and psychological barriers.

If you're thinking about making the move to a smaller property, make sure you enlist the help of a real estate agent to set you off in the right direction.

They will have an extensive knowledge of the local area, as well as other expertise that can make the downsizing process that bit easier.

Speak to the team at Ray White Caboolture today for help with your next move.

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