For many older Australians, the family home is far more than an asset. It is a place filled with memories, close to friends, family and familiar surroundings. Research consistently shows that most people would prefer to remain in their own home as they grow older, rather than downsize or move.
Yet remaining at home can come with financial pressures. Rising living costs, healthcare needs and lingering debt can make it harder to enjoy retirement, even for those who own their home outright. This is the position many homeowners describe as being "asset rich but cash poor".
Homesafe Wealth Release was designed to help bridge that gap. It allows eligible homeowners to access a portion of the future value of their home without taking on debt, making repayments, or being charged interest, and without having to sell or move out.
Because Homesafe is a property transaction rather than a loan, you keep legal ownership of your home and the guaranteed right to live there. You decide when, or if, you ever sell.
For homeowners who want to stay where they are while easing financial pressure, accessing equity can be a way to fund the retirement they want in the home they love.
This article is provided for general information only and does not constitute financial, legal, or taxation advice. Terms, conditions and eligibility criteria apply.