property close to the amenities you may need . I highly recommend retirement buyers check out the local shops , restaurants , parks , social clubs and medical facilities in a neighbourhood before deciding to move in .
3 . Will I be safe ?
It ’ s a sad fact that we become more vulnerable to crime as we get older . Your retirement property should be a sanctuary where you ( and your belongings ) feel safe and secure .
“ It ’ s also comforting to have neighbours nearby who will notice if anything happens to you or your property . Freehold homes may offer more space and privacy , but can also be more isolating .”
Security is one of the biggest draw cards for community living in retirement . Both retirementspecific and ordinary sectional title developments offer far more sophisticated security than your average freehold property .
4 . How much maintenance will I need to do ?
Getting older inevitably makes basic home maintenance like mowing lawns and clearing gutters a lot more difficult to DIY . Unless you ’ re great at organising contractors , I suggest opting for a low-maintenance property that won ’ t take too much effort to keep in shape .
This is another draw card for sectional title properties where a significant portion of maintenance is handled by the body corporate . Of course , if you ’ re an avid gardener , you ’ re going to want to opt for a townhouse or ground floor apartment rather than the lowest maintenance option of a lock-and-go apartment .
SA Real Estate Investor Magazine OCT 2022 195