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How downsizing can benefit your hip pocket

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Want to embrace new freedoms in your bank account and in life? Downsizing to a low-maintenance home at Lifestyle Communities could be the finance-savvy solution you’ve been looking for. If you’re wondering how your bank account will benefit from downsizing to one of our communities, keep reading! 

  Free up equity

Perhaps the biggest way your bank account will benefit when you downsize, is freeing up the equity that’s sitting in your current home. Your home is most likely your biggest asset; downsizing will help you liberate a significant amount of cash that’s tied up in your home.  

 Reduced living costs

Living in a smaller, newer and more efficient home within our secure communities comes with a huge range of financial benefits. You’ll experience lower water, gas and power bills because you won’t have to use as much energy to heat and cool your home, as well as lower household insurance costs because you live in a secure, gated community environment. Your brand-new home will also feature top of the range, energy efficient appliances that keep the bills low. 

Save on repairs and maintenance

It goes without saying that your brand-new home will likely require less maintenance and upkeep than your current home. There’ll be no need to spend your valuable time and hard-earned cash on repairs, since your home will be brand spanking new! 

We also employ full-time landscapers to tend to all homeowners’ front gardens, so you won’t need to fork out for your garden’s maintenance – unless you’re a passionate green thumb! 

Home and community savings

Living in a Lifestyle Community, you’ll benefit from: 

  • No stamp duty on your new home 
  • No council rates 
  • No water rates 
  • Discounted electricity 

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