In the past, downsizing typically meant major upheavals or changing residences altogether. However, today's downsizers have entirely different aspirations. They prioritize localization, seeking proximity to family, friends, and amenities, while also desiring a luxurious lifestyle without the burden of high maintenance costs. Angus Moore, Senior Economist at PropTrack, pointed out that as people reach retirement age, the maintenance costs of larger homes become a genuine burden, making downsizing one of the appealing reasons.

realestate.com

In Sydney's suburbs, many downsizers reside in large houses with spare rooms. They are now considering transferring their properties to those in need and opting to move into high-rise apartments. Developers have also recognized the growing demand for luxury apartment living among downsizers and have tailored more suitable residences for them. Meriton Apartments in Australia has introduced the Downsizer Collection, designed to offer living spaces more suitable for this demographic.

Luxury apartments not only meet the downsizers' desire for comfort but also offer a low-maintenance lifestyle. With their advanced open layouts, well-lit rooms, and neutral color schemes, these apartments provide both comfort and ease of upkeep. They also come with a range of luxury amenities, including indoor and outdoor pools, fitness facilities, and social spaces, allowing residents to enjoy a rich lifestyle without the need for dedicated rooms.

realestate.com

For buyers seeking an upgraded experience, Lumia Apartments offers the Max two-bedroom design with related promotional activities. These apartments are located in convenient locations, providing easy access to the city center and surrounding amenities. In the future, Lumia will also provide concierge services, offering residents even more convenience.