Complete Downsizing Guide for St George
Everything you need to know about downsizing in Sydney's St George district — from the best suburbs for downsizers to financial benefits and a step-by-step process.
Is It Time to Downsize?
Common reasons St George homeowners consider downsizing
Empty Nest
Children have moved out and you're maintaining more space than needed
Unlock Equity
Release capital tied up in your property for retirement or lifestyle
Low Maintenance
Reduce garden work, cleaning, and home maintenance responsibilities
Lifestyle Change
Move closer to amenities, family, medical facilities, or lifestyle options
Reduce Costs
Lower rates, insurance, utilities, and ongoing property expenses
Travel Freedom
Lock-and-leave lifestyle for travel without property worries
Best St George Suburbs for Downsizers
These suburbs offer the perfect combination of amenities, accessibility, and lifestyle for downsizers
Kogarah
Unit Median: $720,000
Ideal for retirees wanting easy access to St George Hospital and public transport. Excellent apartment options near Kogarah Town Centre.
Hurstville
Unit Median: $680,000
The commercial heart of St George with everything at your doorstep. Modern apartments and easy access to Sydney CBD.
Sans Souci
Unit Median: $750,000
Perfect for water lovers seeking a quiet lifestyle while staying close to amenities. Beautiful foreshore walks.
Ramsgate Beach
Unit Median: $690,000
Relaxed beachside living with the convenience of nearby Westfield Hurstville. Great for active retirees.
Your 5-Step Downsizing Process
A clear roadmap for a stress-free downsizing journey
Assess Your Needs
Consider what you need in your next home: bedrooms, accessibility, location, maintenance level, and budget.
- Think 5-10 years ahead
- Consider single-level or lift access
- Prioritise location over size
Get a Property Appraisal
Understand your current home's value to plan your budget for the next property.
- Get 2-3 appraisals for comparison
- Understand market conditions
- Consider timing of sale
Research Your Options
Explore different property types and locations that suit your downsizing goals.
- Visit open homes in target areas
- Compare apartments vs villas vs townhouses
- Check strata fees and rules
Plan the Transition
Organise decluttering, moving logistics, and the settlement timeline.
- Start decluttering early
- Consider simultaneous settlements
- Engage trusted removalists
Execute the Sale & Purchase
Work with professionals to sell your current home and secure your new property.
- Time the market if possible
- Have contracts reviewed
- Plan for potential gaps
Financial Considerations
Important financial factors to discuss with your accountant or financial advisor
Stamp Duty Exemptions
NSW offers stamp duty concessions for downsizers purchasing homes under certain thresholds. Seniors may qualify for additional benefits.
Downsizer Superannuation
The federal Downsizer Contribution scheme allows eligible Australians 55+ to contribute up to $300,000 per person from the sale of their home into super.
Capital Gains Tax
Your principal place of residence is generally exempt from CGT. Consult your accountant for specific situations.
Centrelink Considerations
Downsizing can affect pension eligibility due to asset test changes. The new Asset Test Exempt Amount may apply.
* This is general information only. Please consult qualified professionals for personal advice.
Calculate Your Downsizing Potential
Use our calculators to understand your borrowing capacity, stamp duty costs, and more.
Ready to Start Your Downsizing Journey?
With 25+ years helping St George families through major property decisions, I'll guide you every step of the way.
Cite This Guide
Journalists and bloggers are welcome to reference this guide with attribution.
Kalinovski, M. (2026). Complete Downsizing Guide for St George Sydney. michaelkalinovski.com. Retrieved from https://michaelkalinovski.com/guides/downsizing-st-george