Why choose a Land Lease Community for the next chapter of your life.
Land Lease communities offer an independent lifestyle both physically and socially for those people who are entering the next chapter of their life, either approaching retirement or already retired. Land lease communities are popular with people who are looking to live independently in their own home whilst enjoying the benefits of living in a community of likeminded people.



Moving into a land lease community (also knowns as lifestyle village) provides a downsizing opportunity which unlocks equity tied up in the land component of a property, freeing up funds for lifestyle choices whether it be more holidays, a new campervan or just peace of mind from having funds available for unforeseen circumstances.
A weekly site fee is payable for your site, however there are no council rates or strata levies. In addition to the site fee, you will need to pay for utilities such as electricity and gas and in some communities, water. Government rent assistance is available to eligible residents,
Land lease communities have a wide range of new and preloved homes to choose from. If it is a new home you are looking for, you can select the design, upgrade the inclusions, choose paint colours and much more depending on the community you move into.
Another advantage of buying a home in a land lease community is the absence of stamp duty on the purchase. This is a significant saving. On a home purchase of $600,000, stamp duty is around $20,000.
In contrast to most retirement villages, there are no exit fees or profit-sharing arrangement unless agreed upon by the community operator and the resident. The community operator can organise the sale of a resident’s home, usually for a small fee to cover the promotion of the home for sale.
Most land lease communities, also known as lifestyle villages, have very active social clubs such as garden clubs, bushwalking clubs and the like. In addition to social activities organised by resident social committees, most communities have recreation facilities such as a swimming pool, library, BBQ and community room.
Residents living in a land lease community are protected by a Residential Site Agreement which can only be terminated in limited circumstances. The Residential Site Agreement clearly sets out the rights and obligations of the resident and the community operator which provides transparency to all concerned.

For further information about Oakdale Residential Village visit our website:
www.oakdaleresidentialvillage.com.au
call Allan on 0413 943 296.
or email info@oakdaleresidentialvillage.com.au















