Property

The ‘sell-up everything’ approach to shifting Mum or Dad into aged care can really stuff up the finances — not only for them but possibly for their beneficiaries when they eventually die.

Selling your folks’ home to fund aged care a costly mistake

The ‘sell-up everything’ approach to shifting Mum or Dad into aged care can really stuff up the finances— not only for them but possibly for their beneficiaries when they eventually die.

Updated
Read more (3 min) →
SOLD: 40 Ellerslie Place, Toorak, VIC 3142

"Everyone's really determined to buy." Art Deco dream earns big for 91-year-old seller

A tightly held cul-de-sac position and enduring period appeal set the tone at 40 Ellerslie Place, Toorak, where around 70 onlookers gathered in Melbourne's east to watch a competitive auction unfold. "We started the bidding at $1.6 million," said Marshall

Updated
Read more (4 min) →
How good is the position of this house? This Boat Harbour home is on the market for offers above $1.995 million.

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
3/9 Gladswood Gardens, Double Bay, NSW 2028
The best properties to see this Saturday the 21st of March. Pic: Ray White.
Casa Terra was designed and built by Luke Williams from the Williams Group. Pic: Harcourts.
Adrian Portelli's LMCT promotional banner for My Reno Rules giveaway. (Pic lmctgiveaway.com)
Not Supplied
TV personality Neale Whitaker and his husband David have sold their property near Berry.
Even those who have paid off their mortgage are counting the cost of everyday life. Pic: Shutterstock
The "Bank of Mum and Dad" is also creating a surge in disputes over estates, family loans and relationship breakdowns. Pic Envato
The couple purchased the Federation home in 2021 for $4.4 million. Pic: Whitefox/Instagram.laura.henshaw.
It's a home that stops passersby in their tracks. Pic: Ray White.