Featured | Ingenia

Stop work and start your sea change

The sea and tree change lifestyle is hitting an all-time high with downsizers moving to popular coastal and inland regions and, from all reports, now’s the time to jump on this ‘megatrend’ while conditions are perfect.

Social analyst, Mark McCrindle says Australia’s suburbs are undergoing significant transformation with people moving across more communities than ever before, including downsizers seeking a sea or tree change.

And the advice is to consider making the lifestyle change sooner rather than leaving the move too late.

Downsizers residing in capital cities in large family homes are cashing in on high real estate sales with a solid wave of first and second home buyers snapping up their empty nests, but these perfect conditions are not expected to last forever.

ABS census data supports the sea and tree change ‘mega-trend’ reporting an increase in people settling outside capital cities, with the highest rates of internal migration in coastal and regional towns across Queensland, New South Wales and Victoria.

And as downsizers go in search of a better lifestyle for their golden years, it’s important they find an affordable and sustainable housing solution.

The fastest form of affordable housing currently being built in Australia is over 55s lifestyle communities developed under the land lease ownership model. One such operator leading the industry is Ingenia Lifestyle who are experiencing record levels of downsizers seeking a new lifestyle change.

Ingenia Chief Operating Officer, Nikki Fisher, said 70,000 Australians live in land lease communities, providing an attractive offering for downsizers to live a leisurely lifestyle along with an improvement in finances and a decrease in stress levels.

“Land lease living is an increasingly popular option for the independent and active over 55s as it protects our resident’s financial security and independence and is a simple and transparent model to understand.

“Ingenia’s innovative land lease ownership model allows a downsizer to purchase a new home, lease the land and gain from the financial and lifestyle benefits that come with community living.

“With a growing demand for our lifestyle communities in regional and coastal locations, we encourage downsizers to start looking at their options today and fast-track their downsizing plans while the market conditions are favourable,” Nikki said.