Home reversion products


Home reversion products allow you to sell a share of your home's future sale proceeds, in return for a lump sum now.

Home reversion products allow you to access some of your home equity, without creating a debt.

These products are a part-sale property contract, rather than a loan. You agree to sell a share of the future sale proceeds of your home, and in return, you receive a lump sum now.

Benefits of home reversion products


  • As it is not a loan, there is no interest and no increasing debt.
  • The provider receives the agreed percentage of the sale proceeds from your home, when you eventually sell it.
  • You continue to own your portion of the future sale proceeds of your home.
  • You can remain in your home, or you can rent it out, subject to your agreement with the provider.
  • If you rent your home out, you receive all of the rental income.

Things to consider


With home reversion products:

  • they may only be available in major cities or specific postcodes
  • set up costs and fees apply.

You should see professional advice to understand the potential impact on your home equity future sale proceeds as well as any impact on any Centrelink entitlements such as the Age Pension.

You will need to obtain legal advice before signing the part-sale contract.

Helpful resources


Fractional property products

Similar to a home reversion product, but based on the current value of your home.

Reverse mortgages

A type of loan to borrow money using equity in your home.

Pension Loans Scheme

A way to supplemented your age pension funded by the Federal Government.

Member benefits and discounts


Magshop

Magshop

15% off the already reduced subscriptions rate

HomeSuite

HomeSuite

As a National Seniors member you can now download your free Homesuite Property Report to learn the estimated value of your home.

Netstore Jewellery

Netstore Jewellery

Save 10% on high-quality vintage and contemporary jewellery.

Village Roadshow Three Day Pass

Village Roadshow Three Day Pass

Save 10% on a three day pass to Warner Bros. Movie World, Sea World and Wet’n’Wild.

Village Roadshow Mega Pass

Village Roadshow Mega Pass

Save 10% on a fourteen day pass to Warner Bros. Movie World, Sea World, Wet’n’Wild Gold Coast and Paradise Country.

Paradise Country Single Day Pass

Paradise Country Single Day Pass

Save 10% on a single day pass to Paradise Country.