Downsizing at 65: What to Know Before Selling Your Home

If you’re starting to think about downsizing for retirement, you may be asking yourself, “Should I downsize my home now, or wait a few more years?” It’s a common question for many homeowners across the Mornington Peninsula, Victoria, Australia, especially those who have lived in the family home for decades.

In our latest video, “Downsizing at 65: What I Wish My Clients Knew Before Selling,” we share practical downsizing tips for seniors and explain the key things to consider before making a move.

Downsizing your home for retirement is not just a real estate decision. It can affect your lifestyle, pension timing, future living options, emotional wellbeing and overall retirement transition. Many people focus only on the sale price of their current home, but there are other important factors to consider, including moving costs, decluttering, stamp duty, property type, access, ongoing fees and proximity to family, shops and medical services.

This video also looks at some of the common downsizing regrets we see, including waiting too long, underestimating costs, choosing the wrong property type, or not getting financial advice before selling.

If you’re wondering how to downsize your home, or you need help with downsizing on the Mornington Peninsula, this video is a helpful place to start. It will walk you through the downsizing pros and cons, common mistakes to avoid, and simple downsizing home tips to help you make a calmer, more confident decision.

Whether you’re planning now or simply exploring your options, the right advice can make your next move much easier.