Your home and the age pension

A factsheet about eligibility for the age pension, the home as exempt from the assets test, and different changes involving a person’s home that might affect their pension.

These changes include:

  • downsizing

  • selling or gifting their home to someone else for less than market value

  • granny flat arranagements

  • borrowing money using your home as security

  • moving into residential aged care (and an explanation of aged care costs).

You can read this more on the Legal Aid NSW website or click below to download the PDF.