Right-sizing your home to finance your retirement

Right-sizing your home to finance your retirement

If you’re considering right-sizing your lifestyle as part of your retirement plan, then the question of how to finance this next stage of life can be daunting for some.

It is an often-stated view that Baby Boomers are typically cash poor and asset rich, making right-sizing an attractive way to free up the equity in your home.

Living Gems General Manager Vlad Pullich, said that Opal by Living Gems is designed for active over 50s and offers a popular formula to home ownership which is beneficial financially and offers peace of mind to homeowners.

“Premium and affordable homes are available as part of a master planned community,” says Mr Pullich, “Homeowners can relax and enjoy the freedom of onsite management as well as the security of living within a gated resort.”

“Homes at Opal by Living Gems start as low as $282,000 and offer impressive interiors and stylish standard inclusions. Buyers have the option of two or three-bedroom homes with two bathrooms and a double garage.”

“If the average family home sells for $450,000 buyers can use part of this equity to buy into a lifestyle resort and allow the remainder to work as an investment.”

Living Gems sales manager Dennis Ring said that resort features a stunning lake and parkland area which forms half of the 18-hectare resort.

“Homeowners enjoy the walking trails that follow the Quinzeh Creek and loop around the resort lake. Birds, turtles and other wildlife are abundant and assist to create the country-style ambiance unique to this resort.”

“This stand-out feature serves as a wonderful recreational space for homeowners to enjoy a number of outdoor activities such as golf, croquet, tennis, swimming and lawn bowls,” says Mr Ring, “Homeowners also enjoy taking their furry companions to exercise in the dog off-leash area.”

“Opal by Living Gems offers a number of indoor facilities within the fantastic country club such as the cinema, games room, hair salon, library, music room, workshop, art and craft studio, bar, ballroom and lounge.”

“Homes at the resort are stamp duty exempt, also, there are no deferred management fees to worry about when purchasing a home at Opal by Living Gems.”

“Homeowners enjoy the convenience of local shopping with a Woolworths, medical centre, chemist, newsagent and bus stop within easy walking distance of the resort.”

Opal by Living Gems is open seven days from 10am to 4pm. To book a personal resort and display home tour call Dennis on (07) 5547 2333 or pop in any day to 42 Quinzeh Creek Road, Logan Village.