08 May 2026
For many South Africans approaching retirement, housing priorities begin to shift. The large family home that once suited a busy household can start to feel unnecessarily demanding once children move out and lifestyles change. Maintenance, security and day-to-day upkeep often become more important considerations than sheer space.
These decisions are increasingly relevant in South Africa’s property market, where Lightstone statistics show that roughly one third of residential properties are owned by homeowners aged 60 and older.
According to David Jacobs, Regional Sales Manager for the Rawson Property Group, retirement-related moves therefore play a meaningful role in shaping South African housing trends.
“The FNB Estate Agents Survey shows that around 21% of property sales are linked to life-stage changes, including retirement and shifting household needs,” says Jacobs. “That means the types of homes retirees choose when they downsize can have a noticeable impact on the housing market.”
SA’s most popular property types for retirees
Today, retirees have more housing options than ever before. These are the most popular choices according to the Rawson Property Group’s franchisees and agents.
Sectional title apartments and townhouses
For many retirees, sectional title living offers one of the most practical downsizing options. Apartments and townhouses typically require far less maintenance than traditional freehold homes, with body corporates responsible for tasks such as exterior upkeep, garden maintenance and communal security.
This lock-up-and-go lifestyle can be particularly appealing to homeowners who want to simplify
their day-to-day responsibilities without sacrificing comfort or convenience. Many sectional title developments are also located close to shopping centres, healthcare facilities and public transport routes – amenities that can become increasingly important as homeowners grow older.
“Security and convenience are often key considerations for retirees,” says David Jacobs, Regional Sales Manager for the Rawson Property Group. “Sectional title developments tend to offer both, along with a sense of community that many homeowners appreciate at this stage of life.”
Security and lifestyle estates
Security and lifestyle estates are another increasingly popular option for retirees who want to downsize without sacrificing too much on space. These developments typically offer freehold homes or townhouses within secure, managed environments, allowing homeowners to retain a sense of independence and privacy while still benefiting from shared infrastructure.
Many estates also include lifestyle amenities, such as walking trails, clubhouses, fitness facilities and communal green spaces. For retirees who want to remain active and socially connected, these features can add significant appeal.
“For many downsizers, estates offer a convenient middle ground between large suburban homes and more compact sectional title living,” says Jacobs. “Their unique combination of manageable properties and a lifestyle-oriented environment can be a very compelling option for more active, independent retirees.”
Retirement villages
For some retirees, downsizing also means moving into a purpose-built retirement village. These developments are specifically designed for older homeowners and typically offer smaller, more manageable homes along with services and facilities tailored to later-life living.
According to Lightstone data, South Africa has roughly 650 retirement complexes comprising around 44,000 residential units, illustrating the growing role these developments play in the country’s housing landscape.
Many retirement villages include features such as on-site healthcare services, assisted living options and communal spaces designed to encourage social interaction among residents. For homeowners looking to plan ahead, these developments can provide a sense of long-term security and stability.
However, demand for well-located retirement developments often exceeds supply, and popular estates can have long waiting lists for prospective residents.
“It’s something most people don’t think about until they’re much closer to retirement,” says David Jacobs, Regional Sales Manager for the Rawson Property Group. “But in many cases, it’s worth putting your name on waiting lists well in advance. Planning ahead can make a big difference when the time comes to make that transition.”
Multi-generational homes
Another option gaining traction among retirees is multi-generational living, where older homeowners move into a property shared with their adult children or extended family.
“This arrangement can take several forms,” says Jacobs, “from retirees moving into granny flats or garden cottages on their children’s properties to families purchasing larger homes designed to accommodate multiple generations under one roof.”
For many households, these arrangements offer both practical and financial benefits.
“Living together can help families share property costs, while also providing built-in support systems for childcare and eldercare,” Jacobs explains. “It’s a great solution for families that thrive on mutual support.”
The importance of planning ahead
Regardless of the type of home retirees ultimately choose, downsizing is rarely a decision made overnight. Finding the right fit – whether in a sectional title development, lifestyle estate, retirement village or family home – takes time and careful consideration.
“The more thought homeowners put into their property decisions, the more rewarding those decisions tend to be,” says Jacobs. “Retirement is a significant life transition, and taking the time to explore your options can make all the difference in finding a home that truly supports the next chapter.”
