Time to down­size

NT News - - NEWS -

BABY Boomers can look to the hous­ing mar­ket with con­fi­dence in the Top End with many prop­er­ties giv­ing them the chance to down­size into a more suit­able home.

With the hous­ing mar­ket be­gin­ning to re­cover, ac­cord­ing to a Heron Todd White re­port, buy­ing is a promis­ing op­tion.

El­ders Real Es­tate List­ing Agent Derek Hart said the mar­ket’s cur­rent po­si­tion pro­vided a lot of op­por­tu­ni­ties for home buy­ers.

“There are def­i­nitely some great bar­gains out there and ven­dors are def­i­nitely keen to sell as well,” he said.

“We’ve seen the hous­ing mar­ket has plateaued and more buy­ers are com­ing into prop­er­ties — if they see the right home for the right price, they’ll buy it.”

How­ever a move from tra­di­tional trop­i­cal homes may be nec­es­sary for down­siz­ers to get the most out of their move.

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