For many Melbourne families, an investment property isn’t just an asset on a balance sheet. It’s the unit bought in Hawthorn in the 90s. The Camberwell property that helped fund school fees. The long-held investment that was always meant to support retirement – or one day pass to the grandchildren. When aged care becomes necessary, one of the most common questions I …
All You Need To Know: Renting the Family Home To Pay For Aged Care
Renting out the family home is a common consideration for many families when it comes to the cost of aged care, but it’s crucial to grasp all the factors involved to avoid potential pitfalls. This article highlights both the financial and non-financial implications of renting out the family home, helping you make informed decisions. Increased Cash Flow Through Rent The …


