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  #21  
Old 02-05-2016, 08:25 PM
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OzEclipse (Joe Cali)
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I am minimum 7 years off retirement but enjoying work more than ever and if that continues, may not jump ship at the first opportunity.

Like you, I like the idea of "the good life" in a small town or semi-rural with a few acres, dark skies and room to grow my own veges, maybe some fruit trees and maybe a couple of olive trees.

However I have seen some older friends run into problems later in life when health fails or other family circumstances mean they want to move back to the city. Their small town property value didn't keep pace with city prices and they couldn't afford to buy back in the city.

Slightly off topic but with a similar financial result is something that has happened to my girlfriends best friend. She and her partner moved to the USA, Ann Arbor, Michegan about 15 years ago. They sold their Sydney house and bought in Michegan. Property prices tanked during the GFC while Australian prices have gone gangbusters. Net result, they are sort of financially trapped over there unless they come back and take a big drop in living standard.

Think it through really carefully before selling up for a tree change. A property that is out of town now but that Melbourne will expand and swallow in your later years might be compromise. However Melbourne light pollution means this strategy probably doesn't work as well as it can near Canberra.

Best of luck

Joe
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  #22  
Old 19-05-2016, 03:48 PM
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bojan
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Just came to my mind..
Would it be possible to place granny flat (or transportable home) on a block of land somewhere in Victoria?
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  #23  
Old 19-05-2016, 04:46 PM
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pfitzgerald (Paul)
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Hi Bojan

Your idea, along with the idea of renting for several months before committing wholeis bolis (sp?!) to moving to a country town both rate a lot of merit - the granny flat option I hadn't considered before but will now look into it. Thanks for passing on the idea.

Paul
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