Learning Series: Downsizing Your Home

Downsizing your home is a significant decision that can affect much more than where you live. It can influence your lifestyle, your finances, and the options available to you later in life.

This video is part of the moneyGPS Learning Series and forms part of the broader Financial Housekeeping modules. It explores key considerations to help you think through the downsizing process with confidence. Rather than focusing on a single “right time,” the module walks through the practical and financial factors that often shape the decision to sell and move.

What this video covers

In this module, you’ll learn about:

• whether downsizing may be right for you.

• whether there is a good time to sell.

• preparing your property to achieve the best possible outcome.

• choosing a real estate agent wisely.

• how selling your home may affect Age Pension payments.

• where to go next once you’ve reviewed your options.

Together, these topics help you understand how downsizing fits into your broader financial picture. Not just today, but over time.

This video is part of the moneyGPS Learning Series, featuring more than 40 easy-to-follow, bite-sized lessons on a wide range of financial wellbeing topics. Each module is designed for busy people: clear, engaging, and practical so you can build your financial knowledge one step at a time.

You can access all 40+ learning modules anytime through your moneyGPS app and continue your journey toward financial confidence.

Watch the Downsizing Video:

If downsizing is something you’re considering, now or in the future, moneyGPS can help you review how it fits into your overall financial position and explore your options with confidence.