Retirees clocking off work are flocking to these top Australian destinations to put their feet up.
A new study by fintech firm, Citro, found New South Wales and Queensland were the most desired locations because of the lifestyle benefits and affordable housing.
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10. Echuca
Echuca in regional Victoria ranked 10th as the top retirement spot.
The average house price comes to around $586,000 and weekly rent sits at $639.
9. Launceston
The township of Launceston in Tasmania is ideal for those looking for a scenic retirement with a strong community vibe.
Retirees can also expect to spend less on housing with the median house price at $524,000 and median rent at $487 per week.
8. Wallaroo
Taking 8th place is Wallaroo, the seaside paradise on the Yorke Peninsula in South Australia.
In this dreamy coastal town, the average home costs $449,000 and median weekly rent is around $410.
7. Mandurah
Mandurah in Western Australia is highly sought after by retirees looking for a coastal escape.
The average price for a home is $657,000 and weekly median rent is $596.
6. Rosebud
The seaside town of Rosebud on Victoria's Mornington Peninsula ranks 6th place.
The media house price is $777,000 and weekly rent is about $567.
5. Belconnen
Belconnen in the ACT is appealing for its developed infrastructure and recreational facilities.
An average home in this suburb of Canberra costs $522,000 and rent is around $553 per week.
4. Hervey Bay
Ranking 4th place is Hervey Bay, the whale-watching hub of southeast Queensland.
Buying a home will set retirees back $637,000 and $578 per week for those who wish to rent.
3. Maryborough
Maryborough in Victoria is the 3rd most desired spot for Australians to spend retirement.
An average home costs about $352,000 and weekly rent is as low as $381.
2. Ingham
Known as the "Little Italy" of tropical north Queensland, Ingham is the 2nd most sought after spot to retire.
The rural town has a media house price as low as $235,000 and weekly rent is about $392.
1. Armidale
Taking out 1st place is Armidale in NSW.
With average house prices sitting at $450,000 and a median weekly rent of $444, retirees can expect to fork out less than half they do on housing in Sydney.