Downsizing Intentions

Survey: Downsizing Intentions

Most older Australians consider downsizing their home, so this survey will help to better understand what features and locations people are looking for, and underlying demand for this type of housing. Answers are anonymous.

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* 1. Would you ever consider downsizing your home?

Yes

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* 2. What makes downsizing attractive to you?

Less home and garden maintenance chores

Newer better designed modern home

Lock up and leave convenience to travel

Access to improved lifestyle activities

Access to resort facilities eg pool, tennis, golf

Release wealth tied up in home

New home better designed for ageing in place

New friends and social life

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* 3. Which best describes your dream downsizing lifestyle?

Beachside holiday living

Relaxed rural setting

Urban convenience

Grey nomad traveller

Other (please specify)

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* 4. What would influence your choice of location?

Close to family and friends

Lifestyle and activities available

Access to paid employment

Cost of new home vs sale of old home

Transport considerations

Access to medical services

Other (please specify)

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* 5. How far would you consider moving?

Prefer to stay in the same suburb or nearby

Remain within the same city or town

Within easy reach of my current city or town

Somewhere else in my home state

I would consider moving to another state

I would consider moving overseas

I would consider buying (or renting) two homes

Anywhere I can easily park my caravan or motorhome!

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* 6. What is holding you back?

Still working, will wait until retirement

Kids still at home or family needs me nearby

Can't find affordable downsizing option

Worried about losing the pension if I sell up

Transaction costs of selling & buying

Need to locate good source of financial advice

Worried about making a bad decision

Prospect of losing future capital gain

Media reports about retirement villages/ aged care

I like my neighbours and local services

Other (please specify)

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* 1. Would you ever consider downsizing your home?

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* 2. What makes downsizing attractive to you?

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* 3. Which best describes your dream downsizing lifestyle?

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* 4. What would influence your choice of location?

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* 5. How far would you consider moving?

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* 6. What is holding you back?

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* 7. Tell us what "downsizing" means to you?