ROSEBUD has been named as one of Australia’s top ten places to retire.
Financial technical company Citro says research into retirement destinations showed Rosebud came sixth out of 30 based on such “key factors” as affordability, access to quality health care and a range of lifestyle options. Citro said that with a population of more than 14,000, Rosebud offered “a laidback allure, beachside living and a busy and welcoming community”.
Armidale in New South Wales, Ingham, Queensland and Maryborough, Victoria top the rankings as potential retirement destinations.
Citro predicted that “regional lifestyle property markets will flourish as more Australians than ever hit retirement age and downsize from capital cities — offering a mix of social and retail amenity as well as health care infrastructure”. AMP’s chief economist Shane Oliver said sea change and tree-change locations were likely to “continue to perform well over the next ten to 20 years” with “key drivers” including a trend towards “more flexible working, an increasing focus on the quality of life and more affordable housing”.
Actor and musician David Reyne, who lives on the peninsula and is a “brand ambassador” for Citro, said: “When it comes to beaches, Rosebud has surely been hit by a rainbow. The foreshore is so vast, sandy, picturesque and absolutely delightful, you’ll likely be tempted to stroll the length of its magnificence every day.”
Citro, which is backed by AMP, listed Australia’s top ten retirement destinations ranked by comparative value for money and ease of access to general lifestyle opportunities as being:
- Armidale, NSW: median dwelling price $450,000; median weekly rent $444.
- Ingham, Queensland: median dwelling price $235,000; median weekly rent $392.
- Maryborough, Victoria: median dwelling price $352,000; median weekly rent $381.
- Hervey Bay, Queensland: median dwelling price $637,000; median weekly rent $578.
- Belconnen, Australian Capital Territory: median dwelling price $522,000; median weekly rent $553.
- Rosebud, Victoria: median dwelling price $777,000; median weekly rent $567.
- Mandurah, Western Australia: median dwelling price $657,000; median weekly rent $596.
- Wallaroo, South Australia: median dwelling price $449,000; median weekly rent $410.
- Launceston, Tasmania: median dwelling price $524,000; median weekly rent $487.
- Echuca, Victoria: median dwelling price $586,000; median weekly rent $639.
First published in the Mornington News – 27 August, 2024
