December 2

Homeowners are choosing to downsize mortgages and & upsize their lifestyle

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Are you worried about the financial pressure of rising interest rates stealing away your lifestyle?

If so, you're not alone. Hundreds of thousands of Australian families are preparing to sell their family homes and make the move to more affordable property markets that they often feel also offer far better lifestyles.

A national survey conducted by Finder in June 2022 has highlighted that as many as 600,000 households are planned to be downsized in the next 12 months alone, with the vast majority sold expected to be in Sydney and Melbourne. 

Thousands join the race to the regions

Even with property prices in our biggest cities falling, families are seizing the opportunity to downsize their mortgage and make the move to popular regional locations where many are able to purchase family homes with little or no mortgage required.

Affordable property markets, booming employment opportunities and substantially reduced living costs is attracting almost 5,000 people to move to Queensland each and every week. And according to the Queensland Government, this trend is not expected to end anytime soon. 

Brand new beachside homes under $700,000

Imagine living walking distance from the beach, shops and cafes in your brand new custom designed home that cost less than most big city renovations. Yes, purchasing a quality 4 bedroom family home with oversized indoor/outdoor entertainment spaces overlooking your generous backyard for less than $700,000 is proving to be incredibly attractive to many families.  

But the savings don't stop at just house prices. Living in these seaside communities is also providing home buyers with much lower living costs, dramatically reduced time required for work commutes, and a seemingly endless supply of reminders of how things used to be. Things like being able to easily find a car park at the beach and the parking is free!

Find your Oasis here

To learn more about where you can secure a brand new family home in popular Queensland beachside locations for less than $700,000 just click here

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