Retirement Village Leasing & Sales

Moving to a retirement village offers a lifestyle change, but it’s not a traditional property investment. Instead of buying a villa or unit outright, you enter into a contract with the village operator—often more complex than a standard property purchase.

Key Facts About Retirement Villages:

• Long-term leases: Over 90% of contracts are leases, meaning the operator retains ownership while you purchase the right to occupy.
• Capital gains: While entry fees may be similar to median house prices, most contracts require you to share any capital gains with the operator.
• Aged care is separate: Living in a retirement village doesn’t guarantee access to aged care, even if it’s on the same site. Retirement villages follow state laws, while aged care falls under federal laws.
• Fees to consider: You'll need to account for entry fees (purchase cost), departure fees and ongoing maintenance and facility costs.

Our Property Law team ensures you fully understand your rights and obligations before committing. We will:

• Review all documentation to ensure you have the necessary information.
• Walk you through the contract, explaining the purchase, ongoing and departure fee structures.
• Clarify how your money will be allocated while living in the village.

Let us simplify the process so you can make an informed decision with confidence.