Close Menu
  • Home
  • commercial real estate
  • residential real estate
  • income tax
Commercial Real Estate

Before pursuing a real estate deal, QUALIFY it first – Daily News

May 3, 2025

Southern California bosses tout ‘quality’ to lure workers back to the office – Daily News

April 20, 2025

Workers get few choices in post-pandemic return to office mandates – Daily News

April 20, 2025
Residential Real Estate

Why Some Homes Sell Faster Than Others in the Bay Area

May 7, 2025

Stocks May Be Volatile, but Home Values Aren’t

May 7, 2025

Eichler Homes on Appleberry Drive

April 4, 2025
Income tax

Tariffs Impact on Oil and Gas Industry

May 8, 2025

US Manufacturing: Employment, Production, and Tariffs

May 7, 2025

EU Tax Mix Interview: Christoph Spengel

April 30, 2025
Facebook X (Twitter) Instagram
  • Home
  • commercial real estate
  • residential real estate
  • income tax
Visit Our Main Site
MichaelJosh Realty Blog
Facebook X (Twitter) Instagram
Thursday, May 8
  • Home
  • commercial real estate
  • residential real estate
  • income tax
MichaelJosh Realty Blog
Home»Blog»Sydney’s downsizer homes redefining a demographic
Blog

Sydney’s downsizer homes redefining a demographic

By November 7, 2024No Comments4 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link

Downsizing can be a daunting prospect for many who have grown accustomed to freestanding homes.

However, urban developments like the third stage of The Orchards by Sekisui House – Lumia, offer luxurious options for retirees and empty nesters.

This allows them to reduce space while enhancing their quality of life, making apartment living a more appealing prospect.

What is the luxury downsizing trend?

Lumia is the third stage of the Norwest development and consists of 330 apartments with one-bedroom, two-bedroom, and three-bedroom homes available starting from $800,000.

Lumia offers beautifully designed apartments with upscale amenities that optimise wellness.

David Lee, Sales Manager at Sekisui House, said the range of sizes and floorplans available to buyers has been one of its main selling points.

“We have heard from existing buyers that they prefer Lumia’s design features, as a large number of apartments have been designed to provide an additional living space which are known as Max Apartments,” he explained.

A typical two-bedroom ‘Max’ apartment comprises 100sqm of living space while a three-bedroom apartment averages 120sqm.

Lumia’s offerings are perfectly aligned with the evolving luxury downsizing trend, capturing the interests of prospective buyers looking for upscale living alternatives.

A two-bedroom ‘Max’ apartment at Lumia provides 100sqm of living space.

Redefining luxury living for downsizers

Designed by award-winning studio Turner, Lumia celebrates the surrounding nature, which once included orange trees growing on the orchards on site.

Green outlooks can be found from floor-to-ceiling windows and large balconies, connecting the residents to their natural habitat.

The generously sized floorplans include large kitchens, a variety of storage spaces, study alcoves, and multipurpose rooms, redefining the misconception of cramped apartment living, according to Mr Lee.

“My discussions with downsizers have primarily been around whether their new home will have enough living and storage spaces – Lumia’s design features have taken this into consideration, offering larger sized apartments.

Additionally, each apartment comes with its own separate storage cage in the basement,” he said.

At Lumia, residents enjoy direct access to lush green spaces and scenic views.

Upscale amenities for an active and luxe life

Residents of Lumia have access to hotel-style amenities, a level of luxury which is rarely found in freestanding homes.

Some of these future amenities include an outdoor pool and pavilion, modern fitness facilities, indoor and outdoor dining areas, an outdoor cinema, and a community centre.

Interviews with recent buyers highlight their positive experiences transitioning to luxury downsized apartments.

Many have shared how moving into a thoughtfully designed, award-winning development has improved their quality of life.

One buyer expressed, “For years, we were concerned about downsizing because we enjoyed the space in our home.

Lumia exceeded our expectations by providing large, comfortable living areas with exceptional amenities, making the transition smoother than we ever imagined.”

Enjoy the luxe lifestyle with an outdoor pool, fitness facilities, dining areas, an outdoor cinema, and more.

Accessibility to the best of Sydney

The Orchards, located around 30km north-west from Sydney’s CBD, is also well connected to the surrounding suburbs and community.

Sydney’s extended metro makes commuting a breeze for Lumia residents, with a roughly 35-minute ride from Norwest Station to the vibrant Barangaroo Station once the new line is finished.

This means residents can soak in the peace and luxury of Norwest while easily hopping into the city for work, dining, shopping, or exploring Sydney’s exciting spots.

Norwest Marketown is also a 10-minute walk away, where residents can find supermarkets, restaurants, and retail.

The future of downsizing in Australia

David Lee from Sekisui House discusses the shift towards active downsizing and its broader implications for future urban developments.

“Active downsizing goes beyond reducing space; it’s about enhancing lifestyle.

“Properties like Lumia are designed to cater to modern needs, providing luxury, convenience, and community,” he explained.

REA Group data also suggests a growing preference for downsized living among retirees, with a notable increase in demand for luxury apartments offering comprehensive amenities.

Future trends in downsizing are expected to include innovations in apartment design, sustainability initiatives, and evolving community features.

Innovations in these areas are set to redefine urban living for retirees.

The post Sydney’s downsizer homes redefining a demographic appeared first on realestate.com.au.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Posts

Blog

The Block 2024: Adrian Portelli’s plan to dodge new Victorian tax laws with resort or cash giveaway

November 11, 2024
Blog

House of the week: Exclusive acreage

November 11, 2024
Blog

What does a Trump government mean for Aussie mortgage holders?

November 11, 2024
Blog

Stockland and Thai-based Supalai development partnership approved to buy up 12 Lendlease housing estates

November 11, 2024
Blog

Where you can still get a townhome for under $900k in Melbourne

November 11, 2024
Blog

Myer family mansion: ‘Trump bump’ could push Toorak estate ‘Cranlana’ to $100m+ mark

November 11, 2024
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Tariffs Impact on Oil and Gas Industry

May 8, 2025

Why Some Homes Sell Faster Than Others in the Bay Area

May 7, 2025

US Manufacturing: Employment, Production, and Tariffs

May 7, 2025

Stocks May Be Volatile, but Home Values Aren’t

May 7, 2025

Before pursuing a real estate deal, QUALIFY it first – Daily News

May 3, 2025

EU Tax Mix Interview: Christoph Spengel

April 30, 2025

State Taxes on High-Income Earners

April 29, 2025

Southern California bosses tout ‘quality’ to lure workers back to the office – Daily News

April 20, 2025

Workers get few choices in post-pandemic return to office mandates – Daily News

April 20, 2025

Will blend-and-extend lease strategies make a 2025 comeback? – Daily News

April 19, 2025

Billionaires and CEOs bet on San Francisco’s cheap real estate

April 16, 2025

Nonresident Income Tax Filing by State, 2025

April 15, 2025

Stay informed with the latest commercial and residential real estate news in California on the Michael Josh Realty Blog. Discover market insights, investment opportunities, and expert advice to make confident property decisions in the ever-evolving Californian real estate landscape.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Posts

Tariffs Impact on Oil and Gas Industry

May 8, 2025

Why Some Homes Sell Faster Than Others in the Bay Area

May 7, 2025

US Manufacturing: Employment, Production, and Tariffs

May 7, 2025

Subscribe to Updates

Get the latest real estate news from michaeljoshrealty.com

© 2025 michaeljoshrealty.com
  • Home
  • commercial real estate
  • residential real estate
  • income tax

Type above and press Enter to search. Press Esc to cancel.