Calculating equity release from downsizing involves determining the difference between your current property’s sale price and the cost of your new home, factoring in associated selling and purchasing expenses. This released equity represents funds available for other purposes, such as retirement, travel, or investments. As of December 2025, Melbourne’s property market sees a median dwelling […]
Stamp duty, or transfer duty, is a tax payable to the Victorian State Revenue Office when you purchase property. When downsizing, it’s the duty on your *new* purchase that’s relevant, not the sale of your existing home. As of December 2025, Victoria offers a potential stamp duty concession for eligible downsizers aged 60 years or
Decluttering before downsizing involves systematically reducing possessions to suit a smaller living space, and is a common step Melbourne homeowners take to maximise their property’s appeal and achieve the best possible sale price. As of December 2025, prospective downsizers in Melbourne’s Eastern Suburbs often realise the process is more than just removing items. It’s about
