Finding the perfect place to retire is top of mind for many downsizers in 2024.

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Key differences between retirement villages and land-lease models

Land-lease communities:

• Residents purchase their homes but rent the land, paying site rental fees.

Retirement villages:

• Residents acquire a 99-year lease, akin to a home purchase.
• Residents are protected under state Retirement Living Acts.

Australian consumer and resident protections

Key protections:

• State Retirement Living Acts: These acts ensure retirement village residents are protected under state laws, providing peace of mind regarding their investment and living conditions.
• Transparent Contracts: Retirement village operators, like Keyton, provide clear and straightforward contracts to avoid any hidden costs or surprises.

Each home is designed to maximise space and natural light.

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Connection and community in Melbourne’s north: 5 benefits of getting in sooner

1. Establishing social connections

All homes in Sherwin Rise are architecturally designed for low maintenance and comfort.

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2. Lifestyle of leisure

3. Safety and security

4. Health and wellbeing

Life's too short to spend it being lonely, actively making the decision to downsize can bring so much joy.

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5. Thoughtful modern design