Choosing a Retirement Community? Why Location Matters

When you relocate to a new address location is always important – and this is especially true when you retire. Your new home should be in a place where you can enjoy your retirement – and it must also meet your changing needs.

Not so long ago, climate was the main driving force behind a move in retirement, with many retirees heading north to the sunshine. But today there are many equally (or more) important factors to consider to make sure you find the best location and can live the lifestyle you want. So what are they?

Financial

The cost of homes in retirement communities vary greatly depending on the suburb or town they are located in. Inner-city suburbs are often pricey, while outer suburbs and regional towns are more affordable. For example, a two-bedroom apartment in inner-city Melbourne can cost $800,000 plus – but you can build your own two-bedroom house in Traralgon’s Village Lifestyle Park for less than $200,000.

Lifestyle

The kind of lifestyle you are looking for plays a big part – do you want to be in the city, suburbs or a more rural setting? Do you want to be amongst the hustle and bustle or are you looking to settle somewhere that allows you to enjoy the peace and quiet? Many retirees opt for the latter, and enjoy the change of pace that country living brings.

Getting Around

When choosing a location for your home, make sure that the facilities you need are easily accessible. If you’re not within walking distance and don’t have a car, is there public or courtesy transport that can get you where you need to go? This is especially important for the places you visit regularly which may include the supermarket, doctors, or even the golf course!

Facilities and Recreation

Make sure that your chosen location has all the community facilities and recreational activities that you require within easy reach. Places such as a hospital, doctor’s surgery and dentist are all a must. You’ll be happiest in a town or suburb that contains the recreational facilities and activities that you enjoy – so whether you frequent the library or prefer long walks in the bush, research your possible locations to make sure they’re compatible with your tastes.

And Finally… Visit Before You Buy

While the internet is brilliant for researching and comparing your options, nothing compares to seeing something in the flesh. Be sure to visit any potential locations before you commit to buying, to get a feel for the place. Spend some time in the town or suburb – visit the shops, cafes and parks and mingle with the locals to see if it’s a good fit. It’s also essential that you arrange a tour of the retirement community itself to see the homes available, meet the managers and check out the on-site facilities.

When you carefully consider your needs, thoroughly research your options and take the time to visit the places on your shortlist, you give yourself the best chance of finding the perfect home to enjoy your retirement.