{"id":3511,"date":"2024-08-29T07:33:20","date_gmt":"2024-08-29T07:33:20","guid":{"rendered":"https:\/\/blog.villages.com.au\/?p=3511"},"modified":"2024-08-29T07:34:05","modified_gmt":"2024-08-29T07:34:05","slug":"i-said-to-colin-i-love-this-place-and-he-replied-so-do-i","status":"publish","type":"post","link":"https:\/\/blog.villages.com.au\/retirement\/i-said-to-colin-i-love-this-place-and-he-replied-so-do-i\/","title":{"rendered":"\u201cI said to Colin \u2018I love this place\u2019 and he replied, \u2018So do I\u2019\u201d"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3511\" class=\"elementor elementor-3511\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-87578e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"87578e1\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6327588\" data-id=\"6327588\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-66e6c21 elementor-drop-cap-yes elementor-drop-cap-view-stacked elementor-widget elementor-widget-text-editor\" data-id=\"66e6c21\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 20-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>C<strong>ynthia and Colin Bates had loved their family home for 22 years before it became too difficult and too costly to maintain.<\/strong><\/p><p>\u201cI had been keen to downsize for some time, but Colin really didn\u2019t want to move,\u201d Cynthia said. \u201cI began looking at retirement community options and Aveo\u2019s Redlands by the Bay community (in Redland Bay, 42km from Brisbane\u2019s CBD) was the first one we inspected.<\/p><p>\u201cAs we were walking out, I said to Colin \u2018I love this place\u2019 and he replied, \u2018So do I\u2019. The next day, we put a deposit on an apartment.\u2019\u2019<\/p><p>The couple listed their three-bedroom home on the market which sold in five days. They now live in a fully refurbished two-bedroom, two-bathroom apartment in the nearby Redlands by the Bay Retirement Community.<\/p><p>\u201cWe were thrilled to receive more than three times what we originally paid for our home,\u201d Cynthia said. \u201cWe now live in an apartment that\u2019s perfect for our needs. We spoke to a financial adviser and put some money into our super and now we can afford more opportunities to travel, like a recent Mediterranean cruise.\u2019\u2019<\/p><p>The couple have benefitted from the Federal Government\u2019s Downsizer Contribution Scheme which allows the transfer of capital from the sale of a principal place of residence to your superannuation without penalty.<\/p><p>The 2023 PwC\/Property Council Retirement Census released last month by the Retirement Living Council revealed the cost of a two-bedroom apartment in a retirement village was, on average, 43% cheaper than a median residential home in the same postcode.<\/p><p>Aveo\u2019s Chief Executive Officer Tony Randello said the data showed that in the midst of a housing crisis, retirement communities were an affordable housing option where retirees could thrive.<\/p><p>\u201cRetirement living isn\u2019t just providing contemporary, age-appropriate and affordable housing for retirees, it\u2019s also playing a crucial role by freeing up larger homes for younger Australians,\u2019\u2019 he said.<\/p><p>\u201cReports show more than 1.4 million older Australians are living in dwellings that are too large for their current needs.\u2019\u2019<\/p><p>Since July 2022, Australian couples aged over 60 have been able to each contribute up to $300,000 from the proceeds of their home sale to their super fund.<\/p><p>\u201cWhen considering a move into a retirement village most people don\u2019t think of it being a financial decision, but for us, we feel we are better off now,\u201d Cynthia said.<\/p><p>\u201cWe no longer have the burden of home maintenance costs like painting, and we know if any major work needs doing, we don\u2019t have to take care of it.<\/p><p>\u201cNow we can relax and enjoy all the facilities, socialise with our neighbours, and enjoy our free time with the added benefit of feeling safe.<\/p><p>\u201cWe love living here and already have made lots of new friends who we join for shopping trips and pub visits. I\u2019ve always enjoyed art and now Colin joins me at the weekly art group.\u2019\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Cynthia and Colin Bates had loved their family home for 22 years before it became too difficult and too costly to maintain. \u201cI had been keen to downsize for some time, but Colin really didn\u2019t want to move,\u201d Cynthia said. \u201cI began looking at retirement&#8230;<\/p>\n","protected":false},"author":1,"featured_media":3512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-3511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retirement"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/3511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/comments?post=3511"}],"version-history":[{"count":4,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/3511\/revisions"}],"predecessor-version":[{"id":3516,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/posts\/3511\/revisions\/3516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/media\/3512"}],"wp:attachment":[{"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/media?parent=3511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/categories?post=3511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.villages.com.au/blog\/wp-json\/wp\/v2\/tags?post=3511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}