Real Estate Agents
Downsizer unlocks a whole segment of buyers who feel they are unable to move without selling first. With the Downsizer Bond they can buy now and sell their current home later - and with aligned settlement dates, move directly into their new home. It's that easy!
Why Downsizer?
Automate the sales process
Your Downsizer dashboard qualifies incoming leads, automates admin and keeps the journey in one place, which is perfect for real estate agents who want to optimise the way they work.
Regain control over your pipeline by keeping leads centralised and transparent.
"I am truly excited at the possibilities of this innovative product and see many benefits and huge potential for Downsizer"
– Shane Vincent, Belle Randwick
Understand your buyers
Knowledge is power and data is knowledge.
Downsizer captures and aggregates crucial anonymised data on a micro and macro level, at every stage of the process, to the benefit of all parties. So, what does this mean?
- Developers get the early inside track on key suburbs where demand is likely to spike, to make the best possible decision about what and where to build.
- Estate agencies can focus sales efforts on fully qualified and motivated downsizer purchasers
- Developers are better equipped to anticipate the needs of downsizers proactively – not years later.
New South Wales
- Potential downsizers:
- 339K with 66% planning on buying in the next 24 months
- Proportion Age 60-70:
- 70%
- Percentage that wholly own their property:
- 24%
- Average equity release:
- $436K
- Most sought after by volume:
- Newcastle and Lake Macquarie - 27,820 (200K equity release)
- Highest equity release:
- Sydney - Eastern Suburbs - 6,490 (1.67 Mn equity release)
Victoria
- Potential downsizers:
- 317K with 66% planning on buying in the next 24 months
- Proportion Age 60-70:
- 69%
- Percentage that wholly own their property:
- 23%
- Average equity release:
- $284K
- Most sought after by volume:
- Melbourne - South East - 37,890 (370K equity release)
- Highest equity release:
- Melbourne - Inner South - 15,050 (750K equity release)
Queensland
- Potential downsizers:
- 197K with 66% planning on buying in the next 24 months
- Proportion Age 60-70:
- 69%
- Percentage that wholly own their property:
- 24%
- Average equity release:
- $223K
- Most sought after by volume:
- Gold Coast - 22,330 (380K equity release)
- Highest equity release:
- Sunshine Coast - 14,480 (420K equity release)
Australian Capital Territory
- Potential downsizers:
- 21K with 67% planning on buying in the next 24 months
- Proportion Age 60-70:
- 70%
- Percentage that wholly own their property:
- 21%
- Average equity release:
- $255K
- Most sought after by volume:
- Canberra - 6,380 (310K equity release)
- Highest equity release:
- Canberra - 6,380 (310K equity release)
South Australia
- Potential downsizers:
- 92K with 66% planning on buying in the next 24 months
- Proportion Age 60-70:
- 68%
- Percentage that wholly own their property:
- 23%
- Average equity release:
- $171K
- Most sought after by volume:
- Adelaide - North - 21,610 (140K equity release)
- Highest equity release:
- Adelaide - Central and Hills - 10,240 (290K equity release)
Western Australia
- Potential downsizers:
- 108K with 66% planning on buying in the next 24 months
- Proportion Age 60-70:
- 69%
- Percentage that wholly own their property:
- 24%
- Average equity release:
- $364K
- Most sought after by volume:
- Perth North West - 28,420 (410K equity release)
- Highest equity release:
- Perth Inner - 3,450 (960K equity release)
Northern Territory
- Potential downsizers:
- 16K with 67% planning on buying in the next 24 months
- Proportion Age 60-70:
- 68%
- Percentage that wholly own their property:
- 26%
- Average equity release:
- $173K
- Most sought after by volume:
- Darwin - 4,040 (310K equity release)
- Highest equity release:
- Darwin - 4,040 (310K equity release)
Tasmania
- Potential downsizers:
- 21K with 67% planning on buying in the next 24 months
- Proportion Age 60-70:
- 68%
- Percentage that wholly own their property:
- 23%
- Average equity release:
- $140K
- Most sought after by volume:
- Hobart - 12,110 (200K equity release)
- Highest equity release:
- Hobart - 12,110 (200K equity release)
Frequently Asked Questions
Lombard Insurance Company Ltd (Lombard) is the Guarantor of the DP Bonds Pty Ltd (Deposit Power) product. Lombard is an international trade and commercial insurance provider, and has been providing capacity to the Australian insurance market for over 10 years. To ensure a local, timely, and independent claim process, Lombard established a custodian fund with Perpetual Corporate Trust Ltd (Perpetual) to be used solely for the payment of deposit bond claims. As the Authorised Manager of the Guarantor, Deposit Power is authorised to accept, assess, and instruct Perpetual to pay valid claims. Authorised staff at Deposit Power have sole authority to instruct Perpetual to make payment. Such authority to instruct Perpetual is made independently of and without reference to Lombard.
For an off-the-plan buy: should the purchaser default under the contract of sale, the developer may lodge a claim on the deposit bond for the deposit amount. The claim is assessed by DP Bonds Pty Ltd (Deposit Power) as Authorised Manager for the Guarantor, and if valid, payment is made to the deposit holder noted in the contract of sale through Perpetual Corporate Trust Ltd. Deposit Power will then seek to recover the deposit amount from the purchaser.
For an existing property buy: same proces as above.