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Understanding land lease
When you purchase a home at Lifestyle Communities, rather than owning the land, you have a 90-year lease on the land that your home sits on.
Is land lease right for you?
It might be a different kind of home ownership than you’re used to, but it’s one that puts you in control. By not tying your money up in land, you keep more in your pocket.
When the time comes to sell your home, the process is simple and straightforward. Your lease ends when you sell, and a new 90-year lease begins between Lifestyle Communities and the new homeowner.
Lower upfront costs
Purchasing a home under a land lease model is more affordable than a traditional freehold home, making it easier to free up equity from your previous home.
No stamp duty
Keep more in your pocket with no stamp duty costs.
Access to resort-style amenities
As part of a land lease community at Lifestyle Communities, you have access to on-site amenities.
Ready to take the next step?
Now that you’ve explored the financial side, take the next step toward a life lived on your own terms. Explore and compare our 25 communities across Victoria, find the location that suits your way of living, and book a visit to see them for yourself.
The above does not constitute financial advice and is intended to provide general information only. You should obtain independent advice from your own financial advisors before making any investment decision. The above information does not take into account your individual needs, investment objectives and specific financial circumstances.