Gated communities, be they a retirement village or land lease community, more often than not also have CCTV cameras, giving you complete peace of mind that you can lock your door and leave for wherever you want to and for as long as you please.
Land lease communities provide parking for RVs, and two operators GemLife and Lifestyle Communities, provide motorhomes for residents to use at a reasonable price.
The 2023 PwC/Property Council Retirement Living Census stated its two-bedroom independent living units (ILU) are on average 57% the price of a similar apartment in the same suburb. The land lease communities have traditionally been the most affordable of all, with no stamp duty and no exit fees.
This means the resident should have a sizeable nest egg.
The Allianz Retire+ ‘How do we make retirements more epic?’ survey of nearly 850 highly engaged retirees and pre-retirees, released on 23 August, showed 67% want to front-load their spending in retirement, enjoying the fruits of their labour while they’re still relatively young and healthy.
One strategy is to sell the family home and move into an apartment, retirement village or land lease community to build up their nest egg.
The demands and needs of a family home are left behind inside a retirement village or land lease community.
Check them out and discover yourself what it is about. You won’t be disappointed.