Do you have an elderly relative who is contemplating downsizing, or who needs to move to be closer to family? Granny flats- also known as DPUs (Dependent Person’s Unit) are becoming a popular housing option in Australia. Designed for one or two people, a granny flat is a self-contained dwelling, usually located on the grounds …
Year: 2022
Am I Ready to Downsize?
The word ‘downsizing’ is an American term which originated in the corporate world. It now also refers to the process of moving to a smaller or lower-maintenance home and usually also means simplifying your lifestyle. Many downsizers are older or retired people who no longer need a large home However, downsizing is not necessarily just …
The Pros and Cons of Being a Landlord
While Australia thinks of itself as a property-loving nation, it may surprise you to know that our levels of home ownership are low compared to other developed nations. We sit above Austria, Switzerland and Germany, but well below Singapore, Hungary and Kosovo (topping the list with an impressive 97.8% of residents owning their own home). …