There are a number of things to consider when planning your retirement options, including which area you should live in, what type of housing is best for you and what sort of lifestyle you wish to have as you get older. We put the spotlight on Newcastle to discover why this town in New South Wales is an ideal place to set up camp for your senior years.
Why is Newcastle a good place to live?
According to recently released information from RP Data, a real estate valuation service, Newcastle was the best-performing suburb across Australia in the past quarter – showing that buying a house in this town is a solid financial investment. As of the quarter ending in May 2014, the median house price in the area was $775,000 – a considerable growth of 34.5 per cent.
Purchasing Newcastle retirement property makes for a wise buy both now and in the future, as well as a convenient and desirable place to live – the suburb is just 117kms from Sydney CBD, meaning that homeowners can be a part of the action in the most populous city in the country and enjoy small-town life at the same time.
What types of housing are available?
Making the move to a retirement village offers you a variety of housing options in which to enjoy your golden years. Whether you want to travel the world, spend more time with family or simply relax and enjoy your local environment, you're sure to find a house you can call home in Newcastle.
At Sugar Valley, purchasers can choose from apartments for hassle-free, compact living or three different styles of house. The Barossa, the Hunter and the Yarra offers retirees a place to spend their older years, with unique features and attributes such as open-plan entertaining areas, multiple garages and outdoor space – you're sure to find the home that suits you.
What is the lifestyle like?
Newcastle offers people of all ages, including seniors, a fantastic lifestyle. This may in part be due to local governmental organisations' consultation processes to ensure that residents are at the heart of community planning schemes, as discussed in Mark Rapley's Quality of Life Research: A Critical Introduction.
In addition to the on-site facilities and activities arranged in your retirement village, Newcastle also caters to senior citizens with dedicated interest groups and days out to keep you busy and entertained for an enjoyable retirement.