Process and Legal Considerations for Moving into a Loan Lease Retirement Village

Purchasing a home in a loan-lease retirement community in New South Wales (NSW), Australia is a little different from outright purchasing a new home.  Moving into a loan-lease retirement community involves purchasing the right to reside in a property for a specified time, often up to 99 years, rather than buying the home outright.  There… Continue reading Process and Legal Considerations for Moving into a Loan Lease Retirement Village

The Role of Loan Lease Villages in Enabling a Timely Retirement

The average retirement age in Australia has been gradually increasing over the years. As of 2021, figures from the Australian Bureau of Statistics (ABS) show the average retirement age to be to be around 56.3 years for men and slightly younger for women.  This was one year later than the average from 2018-19.  (Australian Bureau… Continue reading The Role of Loan Lease Villages in Enabling a Timely Retirement

Understanding Loan-lease Retirement Villages: What are they and how do they work?

As our population ages, there is an increasing demand for retirement housing options that provide a sense of community, security, and convenience. Loan-lease Retirement Villages have emerged as a popular choice for retirees seeking an affordable and low-maintenance lifestyle. These unique communities offer a fresh take on retirement living, combining the benefits of homeownership with… Continue reading Understanding Loan-lease Retirement Villages: What are they and how do they work?

Top 10 tips for decluttering the family home for sale

While our villas offer ample storage and living space, many retirees choose retirement villages as part of their decision to downsize to something more manageable than the family home. But moving into a smaller home might mean saying goodbye to some items around the home. The less you bring with you, the easier the move… Continue reading Top 10 tips for decluttering the family home for sale

Preparing your home for sale

As we age, we often find ourselves in need of downsizing from the family home. Moving into a retirement village is an option growing in popularity in Australia and for good reason. Retirement villages mean reduced manual labour to maintain the home, better support and access to medical facilities and a better connection to the… Continue reading Preparing your home for sale

Is buying a retirement village home a good investment?

There can be several financial benefits to moving into a retirement village. These include shared maintenance costs, potentially no need for building insurance, no council rates, and the potential for cheaper electricity expenses. There are also the lower ingoing fees compared with similar sized homes in the same area. However, the overall situation depends on… Continue reading Is buying a retirement village home a good investment?

Understanding Retirement Village Deferred Management Fees

Deferred Management Fees   A deferred management fee is an exit fee that residents pay to retirement village operators when they leave the village. This payment is often a percentage of the ingoing fee, or the sale price, and is agreed to in the contract upfront. The fee is paid to the operator when a… Continue reading Understanding Retirement Village Deferred Management Fees

Ageing in Place

“Ageing in place” has become a significant concept in the context of supporting the needs of older adults as they age. It is a term used by governments to describe an approach in policy that supports the growing demographic of older Australians to remain in their own homes and communities as they age. It is… Continue reading Ageing in Place

The Sound of Music in South-West Sydney

Recent events   The hills of South-West Sydney were alive with the sound of music this past month when 32 of the village’s residents had front-row tickets to Broughton Anglican Colleges’ first showing of their rendition of the all-time classic, the Sound of Music. The musical, hailed as an all-time classic, captivated hearts and brought… Continue reading The Sound of Music in South-West Sydney

The Mayor Officially Opens the Mount Gilead Estate Retirement Village Clubhouse

A new chapter in resort-style living   Mount Gilead Estate Retirement Village celebrated a significant milestone last week with the official opening of the residents’ clubhouse. Campbelltown Mayor George Griess had the honour of cutting the ceremonial red ribbon to mark the clubhouse’s grand opening, along with unveiling the plaque that commemorates the great step… Continue reading The Mayor Officially Opens the Mount Gilead Estate Retirement Village Clubhouse

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