1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar




Property News

Property management decisions for empty-nesters

April 26, 2012

As time moves on and children grow up and move out on their own, there comes a point where parents may find that they have more space than they actually need.

The simple fact is that entire areas of the house may end up being used for nothing more than storage - young adults are notorious for using their old rooms as a sort of personal locker for all their old property.

While keeping treasured memories safe can be a sound decision, there are a number of options other available to homeowners looking to get the most out of their property.

In some cases, simply selling off the family home and downsizing is not a viable option - whether due to financial considerations, personal reasons or a mix of both.

However, there is a method available that allows you to use your current home to generate income without selling it outright.

If you are simply looking to move to smaller premises that are easier to clean, but still want to keep the family home in your possession, it could be a smart move to look into the prospects of making it available for lease.

With a professional agent in place, a rental property allows the owners to move on to more manageable premises while earning an income from their current accommodation.



Related Articles

Residential growth refusing to slow

New details in residential housing growth mean the economy's strength will continue in the ...
read more

Former industrial precincts to become residential hubs

The New South Wales government has announced plans to turn two former industrial areas in north ...
read more

Perth city budget raises fees but aims to revitalise city

The City of Perth budget for 2014/15 was passed on June 25, setting the stage for the ...
read more

Latest Articles

How is Australian investment faring?

Looking at the investment property market, it appears that the industry is thriving. The Australian ...
read more

Council calls for property reform

Buying a property comes with a wide range of fees and taxes, depending on where you buy and the ...
read more

Home values just keep on rising

Despite an alleged peak in home building having passed and a cooling in growth, there is still a ...
read more