Property guide – Downsizing
What stamp duty do I pay when downsizing in Victoria?
Stamp duty, or transfer duty, is a tax payable to the Victorian State Revenue Office…
Will downsizing affect my pension in Victoria in 2026?
Downsizing your home and releasing equity can potentially impact your Age Pension or Commonwealth Seniors…
What are the capital gains tax implications of downsizing in Victoria?
Downsizing your home and realising a capital gain can trigger Capital Gains Tax (CGT) in…
What’s the best way to declutter before downsizing in Melbourne?
Decluttering before downsizing involves systematically reducing possessions to suit a smaller living space, and is…
Should I involve my family in the downsizing decision?
Downsizing often involves significant emotional and practical considerations, and naturally, family members may have opinions…
What emotional challenges come with downsizing in Melbourne?
Downsizing represents a significant life transition, often involving letting go of cherished memories attached to…
How much space do I actually need when downsizing?
Downsizing involves realistically assessing your current and future lifestyle needs to determine the appropriate amount…
What location should I consider when downsizing in Melbourne in 2026?
Downsizing involves selecting a location that suits your changing lifestyle and financial goals, and as…
Should I downsize before or after retirement in Victoria?
Deciding whether to downsize your property before or after retirement is a significant lifestyle and…