Australian Home-Owners sell and move every 5-7 years. Interesting right?
Moving houses isn’t just about changing addresses; it’s a journey of transformation, filled with new experiences, challenges, and opportunities.
From space constraints to career opportunities, let’s explore the motivations driving Australians to make the leap.
✔️𝗨𝗽𝘀𝗶𝘇𝗶𝗻𝗴 𝗼𝗿 𝗗𝗼𝘄𝗻𝘀𝗶𝘇𝗶𝗻𝗴
As families grow or shrink, homeowners may need a larger home to accommodate a growing family or opt for a smaller, more manageable property as children move out and independence grows.
✔️𝗖𝗵𝗮𝗻𝗴𝗶𝗻𝗴 𝗟𝗶𝗳𝗲𝘀𝘁𝘆𝗹𝗲
Lifestyle changes drive homeowners to seek new locations and amenities. Urban living offers convenience and proximity to city life.
✔️𝗥𝗲𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗪𝗼𝗿𝗸
Career advancement often requires relocation, prompting property changes as people move for work.
✔️𝗛𝗼𝗺𝗲𝗼𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽
Many move from rentals to homeownership once financially and personally ready.
✔️𝗡𝗼 𝗹𝗼𝗻𝗴𝗲𝗿 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗯𝗲 𝗵𝗼𝗺𝗲𝗼𝘄𝗻𝗲𝗿𝘀
Life changes, and so do interests. Homeownership can hinder travel and nomadic lifestyles. Some sell homes to fund adventures.
✔️𝗜𝘁’𝘀 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝘁𝗶𝗺𝗲 𝘁𝗼 𝗰𝗮𝘀𝗵 𝗶𝗻
In Australia, capital gains tax exemptions and property value appreciation drive homeowners to sell, generating profits for education or new ventures.
No matter what the reason is for you to move, or if you are unsure if it is the right next step for you, Team SONI can help. Book your no-obligation consultation today!
TEAM SONI CAN HELP
If you are a renter looking for guidance to secure your first home and not sure where to start, Team SONI can help.
Book your free Wealth Consultation today. A simple chat with our experts can clarify your questions and give you the confidence you need to get started:
You’ll get an accurate understanding of your potential as a property investor.
We will help you define your financial goals together with realistic milestones.
You’ll discover personalised strategies to make your money work harder for you.
You will experience our proven system to help you reach your financial goals faster.