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What are the Site Fees?
As part of the land lease model, Lifestyle Communities charges a Site Fee (i.e. rent) to homeowners.
Understanding the Site Fee
Typically, when living outside Lifestyle Communities, you may have many smaller costs to account for, such as a gym membership, sports club memberships, pool access, cinema visits, gardening maintenance and more. You might even have your own pool that is expensive and time consuming to maintain. While individually, these costs might seem small, roll them up and they’re eating into your monthly expenses.
In return for your Site Fee, you will have access to all these facilities, maintained for you by Lifestyle Communities.
Plus, if you’re eligible for the Age Pension or other eligible government payments, you may be entitled to Rent Assistance through the Federal Government to help support this recurring cost.
What is included?
At Lifestyle Communities, you can enjoy all the fun and none of the fuss. Jump in the pool or spa, get active in the gym or spend the day cosied up in the lounge with a good book. It's all about living life on your own terms.Â
Access to Clubhouse amenities
Resort-style Clubhouse with pool, gym, kitchen, cinema, sports courts, library, and more.
Ongoing support from on-site managers
Lifestyle Managers are your on-site point of contact during business hours- making sure everything behind the scenes runs seamlessly.
Ongoing garden maintenance
Maintenance of your front garden and communal gardens.
How much does it cost?
Being transparent about the costs involved with moving into a Lifestyle Community is important, that's why we're breaking down the expenses for you. These expenses only cover the site fee and exclude other household costs such as utilities.
Here's how it breaks down:
1 Person | |
| Weekly Site Fee | $227.72 |
| For those on the Age Pension or other government entitlements, your Rent Assistance Rebate direct from Centrelink will be: | $107.70 |
| After the rebate your Weekly Site Fee out of pocket expense will be ($227.72 Weekly Site Fee less $107.70 Rent Assistance Rebate*): | $120.02* |
| Fortnightly Fee: $455.44 (without rebate) or $240.04 (with rebate) **The full amount will be direct debited every fortnight by Lifestyle Communities on a Tuesday. | |
2 PERSON | |
| Weekly Site Fee | $263.09 |
| For those on the Age Pension or other government entitlements, your Rent Assistance Rebate direct from Centrelink will be: | $101.50 |
| After the rebate your Weekly Site Fee out of pocket expense will be ($263.09 Weekly Site Fee less $101.50 Rent Assistance Rebate*): | $161.59* |
| Fortnightly Fee: $526.17 (without rebate) or $323.18 (with rebate) **The full amount will be direct debited every fortnight by Lifestyle Communities on a Tuesday. | |
Under the agreement with Lifestyle Communities®, the Site Fee is payable by direct debit each fortnight.
Access to community amenities exclusively for homeowners
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.