Hi Everyone, after years of dreaming about a big place we finally achieved this 18mths ago after years of hard work. We have a good grip on our loan and quite comfortable with the repayments.
We bought our dream home. 4 bedroom+ study, 3 bathrooms, DLUG, inground pool, 1000 sq metre block, private yard backing onto reserve. It's a lovely home.
I am still in the corporate world and a decent income. Wife stays home and looks after our 2 kids (3yr old and new born) full time
After 18mths we are however fairly stressed out as the maintenance that goes with our dream home NEVER seems to end. Cleaning pool, vacuuming, hedges, lawn mowing, pruning and general maintenance. Whilst I enjoy doing these things it means I need to sacrifice quality family time and feel it's not doing the kids/ wife any good.
The Mrs and I are starting to realise that we are not in fact spending the quality time we need with our kids as we are always trying to catch up on some maintenance. Is it all really worth it ? Hmmm.
I have broken down maintenance and looked at outsourcing some of the tasks however it becomes fairly expensive and been quite particular about how things are done I am not sure it will work.
So ... we are considering renting out our PPOR (deductions would be a bonus) and finding a 3 bedder unit until the kids get a bit older. As crazy as this sounds this is the situation we have found ourselves in and just wandering if anyone else has made such a dramatic change going from a big home to a unit ? If so I would be interested in hearing thoughts here. After all life is too short !
We bought our dream home. 4 bedroom+ study, 3 bathrooms, DLUG, inground pool, 1000 sq metre block, private yard backing onto reserve. It's a lovely home.
I am still in the corporate world and a decent income. Wife stays home and looks after our 2 kids (3yr old and new born) full time
After 18mths we are however fairly stressed out as the maintenance that goes with our dream home NEVER seems to end. Cleaning pool, vacuuming, hedges, lawn mowing, pruning and general maintenance. Whilst I enjoy doing these things it means I need to sacrifice quality family time and feel it's not doing the kids/ wife any good.
The Mrs and I are starting to realise that we are not in fact spending the quality time we need with our kids as we are always trying to catch up on some maintenance. Is it all really worth it ? Hmmm.
I have broken down maintenance and looked at outsourcing some of the tasks however it becomes fairly expensive and been quite particular about how things are done I am not sure it will work.
So ... we are considering renting out our PPOR (deductions would be a bonus) and finding a 3 bedder unit until the kids get a bit older. As crazy as this sounds this is the situation we have found ourselves in and just wandering if anyone else has made such a dramatic change going from a big home to a unit ? If so I would be interested in hearing thoughts here. After all life is too short !