Things to consider before Buying a Retirement Property

Things to consider before Buying a Retirement Property

 Like any big change in life, moving into a retirement village takes some consideration.

Cumberland Realty has a special team, headed by Christie Micallef, designed to assist our clients sell their home and purchase a retirement property.


When is the best time to make the move?

Everyone’s situation is different, so there’s no right answer for everyone.

If you’re over 55 and like the idea of living within a welcoming community, there’s no reason why you shouldn’t consider a retirement village.

While there are no disadvantages of moving too early, waiting too long may mean you miss out on making the most of the facilities, convenience and friendships that can be formed at a retirement village.


Questions to ask?

Here are some questions the Team at Cumberland Realty can help you with

• What is the process of buying a property in a retirement village?

• What are the upfront, ongoing and exit costs?

• Will any of these costs change?

• How long will it take to reach settlement?

• What if I can’t sell my current home before settlement? • What exactly do I get for my money?

• Can I make changes to my home? • Do I have to pay for maintenance?

• What if I decide I don’t want to stay?

• How will my life change when I move?


We are here to help you feel relaxed about selling your home and help you answer the many questions you may have about your next move.

Call Christie on 02 9756 3040 to make a phone appointment, or house visit, to discuss your needs