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Downsizing to freedom

Lifestyle 15 JAN 2025 Article #6

 Downsizing to Freedom: Have the time of your life 

Once you’ve made the decision to downsize, you’ll experience the luxury of time. Time to be with family and friends and make new ones; time to pursue the hobbies and passion projects that have taken a backseat to the daily grind; time to invest in your personal development and health; and time to travel, explore and become reacquainted with your adventurous spirit. 

A beautifully designed and luxurious apartment or house is just the starting point for embracing your downsizer lifestyle. Beyond your private domain, Mirvac communities offer a range of experiences curated to elevate the everyday and allow you to live life to the full. 

While the amenity offering is tailored to each individual location there is a common thread to all; a thoughtfully considered curation of spaces to encourage social interaction and enhance your health and wellbeing. 

In many of our urban renewal projects we have used the opportunity of scale to apply our expertise in placemaking, transforming the urban environment with a blend of retail, restaurants, cafes, green space and workplaces. 

In more intimate neighbourhood settings, we look at the existing amenity and wherever possible add the missing elements such as cafes, wellness centres, parks and gardens, that will make your life richer and more fulfilling. 

The net effect is that downsizing presents an upsized lifestyle that offers as much and often more than a suburban home along with the freedom to enjoy all the pleasures of life at home and nearby. 

We have long prided ourselves on securing only the best locations in terms of amenity, views and accessibility. Proximity to public transport is a given, taking on greater importance if your new home means scaling back to one car. 

Walkability with proximity to shops, transport and green outdoor space will convince you of the health, environmental and financial benefits of active transport. That’s planning speak for walking, running and cycling. 

It’s not surprising that travel tops the bucket list of those downsizing and transitioning to or already in retirement. There’s a big wide world, not to mention the vast terrain of Australia, just waiting to be explored. 

Being able to simply pack your bags and leave, knowing that your home and possessions are secure and there will be no overgrown garden or green pool on your return, is a powerful incentive to succumb to your resurgent wanderlust. 

If you’re buying your new home off the plan you might want to time the sale of your existing home and make the most of the period between exchange and settlement. Slow travel is a great way to experience different countries and cultures on a deeper level, and with your possessions in storage you can enjoy a nomadic lifestyle knowing you will be returning to a new home and exciting next phase of your life. 

Golden gap years have become increasingly popular amongst mid-lifers opting for a sabbatical from work to travel and gain new experiences long before retirement. A well-located and appointed apartment that rents strongly and is professionally managed gives you peace of mind to pursue life-enriching opportunities while you are young and healthy, with a fresh perspective and purpose when you resume your career or, inspired by your travels, begin on an entirely new journey. 

*The article is intended as a guide only to provide general information.  Mirvac is not a provider of financial or investment advice and this information should not be relied on as such. Before acting on any information in this publication, purchasers should fully consider the appropriateness of the information, having regard to their objectives, and financial and tax situation and needs, and seek their own advice from appropriately qualified advisers.  Mirvac has made all reasonable efforts and inquiries it believes necessary in preparing the publication but is not responsible for confirming the completeness or accuracy of such data and information. Purchasers must rely on their own continuing enquiries about purchasing decisions. Mirvac expressly excludes any and all liability relating to, or resulting from, the use of or reliance on, any information contained in this brochure by any person.

 

Downsizing to freedom