Rightsizing Australian Prime Residential Insight 2020

Research Date: Friday, 1 May 2020
Rightsizing Australian Prime Residential Insight 2020 | KF Map Indonesia Property, Infrastructure

Rightsizing, not Downsizing 

A shift in the narrative from downsizing, to rightsizing is taking place as the lifestyle trend towards luxury apartment living dominates the Australian residential landscape. 

The strong demand from downsizers seeking easily maintainable prime properties close to the city centre locations has been identified as one of nine global trends being monitored over the coming years, as identified in the Knight Frank Prime Global Forecast 2020. 

When working with clients, many tell us their home is no longer required to provide the once had, and more often, the cost to upkeep ougtweighs the surplus space once desired. 

With this new active retiree lifestyle, they seek simplicity, and to feel the vibe from living close to action. Downsizing the living areas is not part of this movement-the yard most certainly-but their new home request is to be the right size for them, with amenities to match their lifestyle.

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