Affordable Lifestyle Living
Land lease living is growing in popularity across Australia as more and more people 50+ embrace the opportunity for an affordable and attractive retirement lifestyle.
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The benefits of Land Lease Living
Land Lease Living gives you the opportunity to live in a modern house in a highly desirable location at a fraction of the cost of traditional house/land options; The opportunity to downsize the home while supersizing the lifestyle. You can enjoy all the facilities and services without any of the work to maintain them. The opportunity to release funds tied up in the family home to fund a retirement lifestyle free of financial insecurity.
Lifestyle
You buy a new or established house within a secure community and instead of buying the land you pay
Affordability
You buy a new or established house within a secure community and instead of buying the land you pay
Choice
You buy a new or established house within a secure community and instead of buying the land you pay
Connection to community
You buy a new or established house within a secure community and instead of buying the land you pay
Manufactured homes
Manufactured homes are becoming increasingly popular in Australia, not only within land lease communities but also as a real option for residential housing – particularly in regional areas. These architecturally designed houses can be manufactured to suit any site and any budget.
- Architecturally houses
- Appealing designs
- Sustainable features
- Australian manufactured housing
How to buy a manufactured home
Those considering a move into a land lease community as a retirement option should first consider which community they would like to live in. Some communities have a mix of new and older style manufactured housing.
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Manufacturer Example 2
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View the FREE Land Lease Living Brochure
Land Lease Living gives you the opportunity to live in a modern house in a highly desirable location at a fraction of the cost of traditional house/land options; The opportunity to downsize the home while supersizing the lifestyle.
Frequently asked questions
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How do Land Lease Communities Work?
Most Land Lease Communities work on the Land Lease model where you buy your own home and lease the land on which it sits via a Weekly Fee. To safeguard residents the land leases are typically for extremely long periods and in some cases are perpetual. The Weekly Fee varies depending on the community you choose and whether you are single or a couple. If you are eligible for the pension you can also take advantage of government rent assistance to make the Weekly Fee even more affordable.
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Why do people live in Land Lease Communities?
Affordable home prices mean you can free up money tied up in your old home to do better things – like travel!
You don’t have to be retired – working and semi-retired people over 50 are also welcome to enjoy an active and engaged lifestyle in a vibrant community.
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What kind of houses are available in Land Lease Communities?
You can pick from an extensive range of new home styles in a Land Lease Community. Depending on where you choose you can select a brand new contemporary home or a more traditional understated design. Most homes come with ready-to-move in inclusions like luxury kitchen appliances, heating and cooling, floor coverings, window furnishings, landscaping and more. If you don’t want a brand new home there are usually pre-loved homes also available for sale.
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What amenities are available in a Land Lease Community?
Land Lease Communities come with a range of amenities for homeowners to use. Depending on the community you choose you can enjoy accessing your own:
- Homeowners clubhouse
- Indoor pool and spa
- Gymnasium
- Wellness centre
- Sauna
- Cinema
- Tennis court
- Bocce or croque lawn
- Workshop
- Bowing green
- Craft and art studio
- Function space
- Some communities even have fishing boats!
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What are the benefits of living in a Land Lease Community?
There are so many great reasons to live in a Land Lease Community. Here are just a few:
Financial Benefits:
- Pay no stamp duty on your purchase
- Eligible homeowners can access Government Rent Assistance
- No more council rates to pay each year
- Enjoy the opportunity to reduce your cost of living with many communities offering discounted electricity & insurance options
Lifestyle:
- Enjoy a range of lifestyle & wellness amenities on your doorstep
- Upscale your social life – if you choose
- Live in a secure environment – often with live-in managers & gated entries
- Free up time maintaining the old home and garden to do better things
- Luxuriate in a brand new sparkling low maintenance home
Why Land Lease Living is so popular
Because the purchase price of a house situated in a land lease community is far lower than traditional housing options many retirees are able to sell the family home and free up equity to enjoy a better and more secure retirement.
- You do not have to pay stamp duty when making the purchase – neither do you pay council rates.
- You do not usually have to pay costly entry or exit fees in a land lease community.
- If you are a pensioner the weekly site fees you pay may be eligible for Commonwealth Rental Assistance. This is a non-taxable allowance for individuals and couples, which helps meet the costs of private rental.