2 minute read
Retirement Living
retirement living right making the move at the right time
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Real estate market forces have aligned for South Australians seeking to downsize into stress-free retirement living.
With agents across the state reporting a market characterised by low stock levels and high demand - and industry data backing this up – now might be the ideal time to make a smart move. According to CoreLogic data, Realestate.com.au in January 2021 reported that there were approximately 2,700 fewer properties for sale across Adelaide compared to the same time last year, a drop of 36.8%. Agents across the local real estate industry are also noting an under-supply of property in the market, despite strong buyer demand and enquiry levels are creating buoyant sale conditions.
timing matters
Good timing can have a lot to do with achieving the best fi nancial outcome for your move into retirement living and selling the family home is a crucial part of the process. After the challenges of 2020, the current state of the property market is showing very positive signs for sellers. Nat Johncock, Real Estate Services Manager at ACH Group, said achieving the best possible sale price for your family home will give you greater options in regard to your new retirement living unit, plus the comfort and security of ‘putting something away’ to fund a new relaxed and carefree lifestyle . “Taking advantage of the property market cycle can mean some very real benefi ts in retirement,” she said. It can help you achieve your ‘wish list’ in your new home, together with the benefi t and security of living in a welcoming community with like-minded neighbours. All whilst leaving the gardening and maintenance to us, allowing you more time to spend time doing the things you love – maybe even setting o on that long awaited caravanning trip! “The various a ordable retirement living options at ACH Group also allow you to fund additional health and help-at-home services if and when you need them," Nat said. “Before deciding to put your family home on the market, it’s important to speak with us fi rst about the retirement living options available. That way, you will have a clearer picture of the fi nancial objectives to target with the sale of your current property.”