How Homesafe Wealth Release Funds Aged Care Without Selling Your Home

The Australian government's spending on home care and support services jumped 89% between 2017–18 and 2023–24, showing a clear preference among older Australians to age in place. For many Melbourne homeowners, however, funding the high costs of care, either at home or in a facility, leaves them with a tough choice: sell the family home or take on debt. Because of this, solutions that unlock home equity without a sale are becoming more popular. One of these, the Australian-owned Homesafe Wealth Release, has helped over 9,000 customers access their property wealth during its 20-plus years in operation.

Is Homesafe Wealth Release just another reverse mortgage?

No, and that’s a common misconception. Homesafe Wealth Release works differently from a reverse mortgage or the government's Home Equity Access Scheme (HEAS). Those products are loans where interest builds up over time, causing the debt to grow and eat away at the homeowner's remaining equity. Homesafe Wealth Release is a debt-free way to release equity through a part-sale property transaction. Homeowners sell a share of their home's future sale value in exchange for a lump-sum payment today. No debt is created, there is no interest to pay, and the homeowner's unsold share of the property value is protected. This structure offers a path to financial certainty without the stress of accumulating debt.

Debt Structure: Reverse mortgages and the government's Home Equity Access Scheme are loans. Interest accrues and compounds, so the amount you owe grows over time. Homesafe Wealth Release isn't a loan, so there is no interest or repayments. It is simply a sale of a portion of your home's future value.
Impact on Equity: With a reverse mortgage, the growing loan balance can seriously reduce the net equity left in your property, especially in a flat or declining market. With Homesafe Wealth Release, the percentage of the home's future value that you don't sell is always protected, preserving that share for you or your estate.
Ownership and Control: Downsizing is another strategy, but it means selling your entire property and moving. Using Homesafe Wealth Release, you remain the legal owner on the title and keep control over the property and when it is eventually sold.