Property Buzz


Property Credit has released a new report titled “Affordable Coastal Havens: The Top 50 Suburbs for Beachside Downsizing Under $1M,” which aims to help Australians find affordable coastal suburbs for downsizing.

The report’s methodology involves examining listing counts and inventory levels to ensure each suburb meets financial criteria and offers a range of real estate options, catering to various market conditions.

Giordano Stepancic, CEO of Property Credit, said the report is designed to assist those looking to relocate to coastal areas that offer both the tranquillity of the beach and a vibrant community atmosphere without compromising on cost.

“Our thorough selection process ensures that every suburb listed offers significant value and meets a range of preferences,” Mr Stepancic said.

He added that navigating the current property market requires making informed choices at the right time, and the report aims to simplify the decision-making process by providing insights based on data analysis.

As the real estate landscape evolves, the report seeks to provide guidance tailored for downsizers, offering information to help buyers make confident decisions.

The full report is now available for download, providing a resource for those considering downsizing to a coastal area.

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