Fed up with the rat race – the endless hours working and commuting? It may be time for a sea or tree change!
|Analysing your situation|
No matter what stage of life you’re at, depending on your personality, change can always be on the agenda.
You might be young parents, looking for a better place for your kids to grow up, or you may be approaching retirement and planning to get out of the rat race and start a new chapter in life.
Whatever your reasons for yearning for a country or coastal change, you need to analyse whether this is the right move for you. There’s a lot to consider before you up and go.
Family and friends
Work and lifestyle
You need to work out the practicalities of the move, as they’ll have an impact on your finances.
This could be the perfect time to appraise your overall financial situation and find out if you can afford to carry out your plans.
|Finding your sea/tree change home|
You may have a close affinity with a rustic village in the mountains, or with a coastal paradise where you spent many a childhood holiday, and have always dreamt of living there permanently.
When choosing a location for your sea or tree change, think about things like:
Set about researching the best locations, and don’t let emotion rule the decision. You may be in love with a little village, and although it’s great to stay in for a relaxing weekend, it may offer very little in the long-term.
Trawl through internet real estate sites and research the areas themselves on the internet. Draw up a shortlist and plan a visit if you haven’t been there before, and an extended stay if you know the location.
|Preparing for change|
Practically and emotionally you need to prepare for a big change of scenery and lifestyle.
When you do decide to take the plunge, it may involve selling your home in the city.
Many retirees leave the big smoke behind, sell their family home, but purchase a small city unit, so they can return and catch up with loved ones, and maybe enjoy a dose of theatre and nightlife.
Depending on where you’re moving, you may be looking for a new type of car, perhaps a four wheel drive, or be in the market for a boat to ply the waters near your new home.
|How we can help|
If you’re looking to make a sea or tree change then we can certainly help.
An A-Z Review® with an ANZ Personal Banker: selling a home is a great time to review your overall finances. Our Personal Bankers could help you:
An ANZ Financial Planner can help you determine if selling your home and moving is the right strategy from a financial point of view by analysing the impact to your investments of an additional lump sum. They can also help you with strategies for investing the proceeds of the sale to help build wealth for the future.
ANZ Home Loans: if you’re planning to buy a new home, an ANZ Home Loan specialist can help you explore your options and find the right solution to suit your needs. And remember, ANZ is Australia’s most awarded home lender2. Contact us today.
1. ANZ Home Insurance and ANZ Landlord Insurance is co-issued by OnePath General Insurance Pty Limited (ABN 56 072 892 365, AFSL 288160) ('OnePath General Insurance') - phone 13 20 62, and QBE Insurance (Australia) Limited (ABN 78 003 191 035, AFSL 239545) ('QBE') - phone 13 37 23. Australia and New Zealand Banking Group Limited (ABN 11 005 357 522) ('ANZ') is an authorised deposit taking institution (Bank) under the Banking Act 1959 (Cth). OnePath General Insurance is owned by ANZ – it is the issuer of the product but is not a Bank. This product is not a deposit or other liability of ANZ or its related group companies and none of them stands behind or guarantees the issuer. The information provided is general in nature and does not take into account your personal needs and financial circumstances. You should consider whether ANZ Home Insurance is right for you by reading the ANZ Home Insurance Product Disclosure Statement (PDF 828kB) or ANZ Landlord Insurance Product Disclosure Statement (PDF 628kB) before acquiring or continuing to hold the product, which is available by visiting any ANZ branch, by calling 13 16 14 or by visiting the ANZ website.
2. Money magazine Home Lender of the Year Award 2010, 2008, 2007, 2006 and 2005, and AFR Smart Investor Magazine Home Lender of the Year Award 2005, 2004, 2002, 2001, 2000 and 1999. Australian Lending Awards, Mortgage Lender of the Year 2011 and Best Investor Lender 2011. The Australian Lending Awards is an independent initiative of The Adviser and specialist research and advisory firm RFI.
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®A-Z Review is a registered trademark of Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522.
ANZ Financial Planners are representatives of Australia and New Zealand Banking Group Limited, ABN 11 005 357 522, the holder of an Australian Financial Services licence.
The information provided is general information only and does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you. Before making any decision to acquire, hold or sell any financial product, ANZ strongly recommends that you seek financial planning and/or tax advice and read ANZ’s Financial Services Guide (PDF 104kB), the relevant Product Disclosure Statement and/or Terms and Conditions.
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