Younger Australians turning to reverse mortgages to fund early retirement
Younger Australian homeowners are increasingly using reverse mortgages to fund early retirement and major expenses, with borrowers in their mid-to-late fifties driving surge in demand. One borrower, age 56, retired to fund travel to Thailand. Most loans concentrate on Australia's east coast, with 80 percent in wealthy areas including Queensland's Broadbeach and Sydney's upper north shore.
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Published 17 Jul 2026, 11:05 UTC · Updated 17 Jul 2026, 11:10 UTC
Summary by OZbrief Editorial. Original report: 7 News. Editorial policy · Corrections