Norus Projects

Smarter Living Starts Here: Why Downsizers Are Turning to Melbourne’s Liveable Suburbs

Written by Norus Blog | Sep 19, 2025 4:24:00 AM

Across Melbourne, more homeowners are trading oversized houses for thoughtfully designed, low-maintenance homes in locations that offer lifestyle, community and convenience. For many, this shift is not just about space, it’s about simplicity.

Downsizing is gaining momentum as people seek homes that suit the way they live now. At Norus Projects, we’re seeing this demand first-hand in Burwood, Ivanhoe and Sandringham, three of Melbourne’s most liveable suburbs, each offering a unique lifestyle suited to the needs of modern downsizers.

 

Why Downsizing Is on the Rise

Melburnians are increasingly looking for less upkeep and more freedom. Instead of spending weekends maintaining large properties, homeowners are choosing lock-up-and-leave apartments close to parks, cafés, healthcare and transport.

According to realestate.com.au, almost 150,000 people in Melbourne are considering downsizing now, with even more planning a move within the year. The focus is no longer just on retiring, downsizing is now about lifestyle and long-term liveability.

 

What Downsizers Are Looking For

Today’s downsizers are seeking:

  • Walkable locations near shops, services and public transport
  • Well-designed apartments with spacious layouts, high-end finishes and lift access
  • Security and peace of mind with features like basement parking and video entry
  • Communities with character that feel familiar and welcoming

At Norus Projects, we’re responding to this shift with boutique developments that tick all these boxes.

 

Suburbs That Support Simpler Living

 

Burwood – Inner East Convenience

Located in Melbourne’s inner east, Burwood is a downsizer favourite thanks to its established neighbourhoods, excellent schools and green spaces. With easy access to Deakin University, local shopping precincts and tram connections, Burwood offers the perfect mix of suburban calm and city convenience.

 

Ivanhoe – Heritage Charm Meets Modern Comfort

Nestled in the northeast, Ivanhoe is known for its tree-lined streets, village feel and strong community spirit. It appeals to those who want proximity to the city without compromising on greenery or tranquillity. Downsizers love Ivanhoe for its mix of history, amenity and lifestyle ease.

 

Sandringham – Bayside Bliss

For those craving sea breezes and relaxed living, Sandringham in Melbourne’s southeast offers a beautiful bayside retreat. With beach access, a vibrant café culture and a welcoming community, it’s a popular option for downsizers looking to stay active and connected, all while enjoying a coastal lifestyle.

 

Why Choose a New Apartment?

New developments, especially off-the-plan, allow downsizers to secure a home with brand-new interiors, energy-efficient design and modern layouts without the upkeep of older properties. You’ll also benefit from builder warranties, high depreciation for tax purposes and a longer window to prepare for the move.

 

Off-The-Plan Stamp Duty Concessions Available to Downsizers

There are also meaningful financial advantages available to downsizers and retirees, including:

  • Off-the-plan stamp duty concession: In Victoria, stamp duty is calculated based on the land value at contract signing, not the finished property, offering savings of up to tens of thousands.
  • Pensioner stamp duty concession: Eligible pensioners may receive an additional one-off duty exemption or concession when buying a new home, valued up to $750,000, to live in as their principal place of residence (PPR).
  • Downsizer Super Contribution Scheme: Australians aged 55 and over can contribute up to $300,000 (per person) from the sale of their home into their super, without impacting contribution caps.
  • Tax depreciation benefits: Brand-new apartments offer higher depreciation claims on fixtures and fittings, potentially reducing taxable income for investor downsizers.

Norus Projects specialises in boutique developments that reflect the lifestyle priorities of downsizers: space where it counts, timeless finishes and locations that enrich daily life.

 

Conclusion: Your Next Chapter Starts Here

Downsizing doesn’t mean compromising, it means choosing a home that fits your lifestyle, not the other way around. Whether you're drawn to the village feel of Ivanhoe, the connectivity of Burwood or the calm of bayside Sandringham, Norus Projects has a home designed for the way you want to live.

Thinking about downsizing? Explore the smarter way to live with Norus Projects.

 

 

 

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