If you want more freedom to do things you love, our Retirement Communities offer the ideal way of life. Retirement villages are designed for people over 55, offering a range of accommodation options, services and facilities however, you must enter into some form of contractual arrangement with the owner.
The size and the type of accommodation can differ, including self-contained independent living units, villas or apartments, all with one or more bedrooms. You could be living in a high-rise complex, in a group of terraces or in a standalone dwelling. Many retirement village environments can also offer amenities such as activity rooms, beauty salons, gyms, libraries, computer kiosks and café’s as well as access to home care services which are at an additional cost.
Consider what type of environment best suits your lifestyle and take some time to research your options.
There are different types of retirement villages and ownership arrangements.
Villas or Independent Living Units (ILUs), are more suited when you require little or no assistance with daily activities but want to enjoy being part of a community.
Serviced apartments can have one or two bedrooms and offer you a higher level of living assistance.
Some retirement villages like our Thornton Park development have integrated care and offer onsite residential care accommodation. This may be particularly convenient for couples where one partner has higher care needs. To be considered for a village’s residential aged care accommodation, you still have an aged care assessment (ACAT) Call My Aged Care on 1800 200 422 for more information.
Budget: What can you afford? Always seek expert legal and financial advice and understand the associated implications of living in a retirement village before you sign any documentation.
Your Lifestyle: What type of environment you want to be in and how do you want to spend your time? Do you prefer a resort style community, or do you like the idea of having a separate villa and gardens for instance?
Location: You may wish to be close to family members or perhaps be close to shopping centres and your local community. Others prefer a seaside or quiet regional location. Consider what is important to you.
Care and Support: Do you need help with personal care, daily meals, laundry and domestic assistance? Some villages and apartments may be better suited to your needs.
Other accommodation: Your or your partner’s needs may change in the future, so you may also want to have residential aged care at the same location. See our Thornton Park retirement village development.
Departure fees: Also known as an ‘exit fee’ or ‘deferred management fee’, a departure fee is the amount you have to pay when you permanently leave the village. This fee is paid to the operator when a resident leaves the village (and is usually deducted from the sale price of the unit).
If you are ready to start an exciting new chapter of your life, call us on 1800 632 314 or contact us online for more information.
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