Our simple, stress-free model
We’re all about simplicity and transparency. Here’s what you can expect when it comes to costs, fees and savings as a homeowner at Lifestyle Communities®.
Cost and benefits of the land lease model
1 . Weekly fee
This weekly contribution gives you the right to occupy the land where your home is situated and goes towards the cost of running the community. Read more about the weekly site fee here.
* Capital growth of each property varies depending on location, home type & size as well as demand and market conditions. Lifestyle Communities® therefore cannot guarantee any capital growth amount.
2 . 90-year lease
Our homes come with a 90- year lease, providing homeowners with total security of tenure, as well as protection under the Residential Tenancies Act – and let’s not forget total peace of mind! Read more on the 90-year lease here.
3. Deferred Management Fee
To help keep your new home price and weekly site fee affordable, we recover part of the costs for developing, running, and maintaining the community after you sell your Lifestyle Communities® home. This fee is a scaled percentage, capped at a maximum of 20% of your sale price after 5 years.
4. Affordable homes
Our communities offer some very affordable downsizing options, with homes typically priced at 75-80% of median house prices in the local area.
5. Free up cash
On average, we see homeowners free up over $200,000* to spend on the things they really love when they sell their existing home and move to a Lifestyle Community. Whether you use that embarking on a holiday of a lifetime, or purchasing the car of their dreams, the choice is yours. Ka-ching!
