It is important to note that just because there is a high % of retirees living in an area, it does not necessarily mean that the area is ‘popular’ with retirees.
Not is it true that people have moved to retire there. Sometimes it is, but it's important not to assume that all areas are 'popular'...just because there is a high concentration of over 65's.
It’s true that various locations around Australia may attract retirees looking to get in on the action but it is also true that many locations around Australia are not attracting new comers, and younger people, to the area.
People are ageing in place.
‘Ten’ Over 65
*Queenscliffe, VIC 40.3% over 65
*Victor Harbor SA 37.7%
Barunga West, S.A. 32.9%
Yorke Peninsula 31.3%
Eurobodalla 29.4%
Mid North Coast NSW 29.0%
Tasman TAS 28.8%
Quairading W.A. 28.6%. Population 641: (2016 Census)
Yankalilla SA 27.9%. |
Tumby Bay SA 27.8%
*NOTE: Have been consistently high % of people over 65 over the various Census.
Read Carefully And Do The Research
Having visited over 200 locations around Australia, in researching for Where To Retire In Australia, there are various questions that need to be asked if you are thinking of moving,
Before resisting the temptation to move to an area in your retirement it’s worthwhile doing the research.
Why is there such a high % over 65?
-is it because younger people are not moving to those areas? ie: they may also be moving away from these places.
-is it because people are actually moving to the area in their retirement?
Facilities:
What are the facilities?
Is there a strain on facilities?
eg: medical
Are there a lack of facilities?
-e.g.: Police, Neighbourhood Watch
Council services for older people?
Transport: type?, services?
What’s the communication facilities like?
Real Estate:
Just because the real estate may be affordable:
how easy is it to sell? (are there homes that have been on the market for a long time? If so, 'why'?)
is there a variety of real estate (eg: homes, units, town houses, retirement villages, nursing homes)
And........
It's important to go and see places before moving
Visit in all seasons
Go and speak to locals
What's the cost of living like?
Ask if you can speak to people who have moved to the area
Are there activities for you and your partner to do?
Are you moving towards family / friends?
What is Plan B? (if it doesn’t work out).
I am a retirement writer, seminar speaker and provide content on pre and post retirement. I have co-authored several editions of Where To Retire In Australia, one of Retire Bizzi and writen 21 Ways To Retire.