Why co-own a home?
- Create affordability by paying either half or third of all housing and living costs.
- Establishing greater financial security.
- An alternative to living a lonely and isolated life.
- Living with your chosen friend or relative, providing a sense of companionship.
- Optimize Health & Safety by no longer living alone.
- Maintaining Independence and quality of life.
- Living with Peace of Mind enjoying everyday life.
- Best of both worlds, living with Privacy & Shared spaces.
For Seniors in particular
- The Coronavirus will change Seniors thinking about their housing future.
- Retain Capital Gains unlike Retirement Villages where you can lose up to 25% or more of your investment. (Refer: consumer.vic.gov.au)
- To co-own a home is a fresh approach to Retirement Living.
- Stay connected to family and places you know and love.
- Enables Seniors to remain in their family communities.
- Facilitates Seniors to Downsize, live with a friend, and cash up.
- Downsizer Superannuation & Stamp Duty incentives.
- Share all living & housing costs.
For Families in particular
- The benefits of multi-generational living are many:
- Families developing a high level of attachment & closeness.
- Grandparents serving as role models for their grandchildren.
- Grandparents feel engaged and useful.
- Financial restraints are eased.
- The social problem of loneliness is solved for both the elderly and the young.
- Family members’ quality of life is improved.
- Home Security is improved.
- Health and well being are improved.
- Coliving Australia homes are a solution for the changing needs of
- Multi-generational families
For Investors in particular
- Co-Living is the next generation in residential investment property.
- Increase rental returns by up to 100%
- Every square metre is optimised for rental returns.
- Co-Living changes the viability of residential investing.
- Multiple rental agreements in a Co-Living home reduces the risk of occupancy downtime.
- Choice of renting as one home or multiple tenancies.
- Negative Gearing can offer Property Investors tax benefits.
- Beat the over supply of standard family homes, and invest in a purpose built designer housing niche market.
- Housing affordability is decreasing, so why not look to a green shoots residential Co-Living investment market.
