Later
Our Deferred Management Fee Option
We make it easy for you to find a place to call home and offer flexibility in how you pay for it when you do. Later, one of our payment options, enables you to defer your management fee, with funds left in the bank to do the things you love now.
The Later payment option is available for both independent living and serviced apartment residences across most Aveo leasehold and license communities.
Take your next step with confidence
For those that want to enjoy life to the fullest now, our Later payment option affords you the benefit of deferring your management fee until you leave your community.
View the video to learn more about our Later payment option.
How does the Later payment option work for you?
Guarantees for confidence
Backed by a range of guarantees that give you complete confidence in your move.
Greater affordability
Generally more affordable than buying a residential property, as you can defer your management fee until you decide to leave.
Complete financial clarity
No stamp duty, capital loss, property market fluctuations, or marketing and sales costs, meaning you’ll know exactly what you pay and when, as well as how much is returned and when.
How it works
Moving In
Under our Later payment option, you’ll make a one time entry payment of the listed property price upon moving in. Enjoy life to the fullest now, knowing your management fee will be settled after you leave your home.
Living In
Every resident contributes a regular service fee to ensure the upkeep of all facilities, activities and community staff that are available to you.
Leaving
When it's time to leave your community we make sure it's a smooth transition. Under our Later payment option, you will receive the return of your entry payment less your accrued management fee within six months.
Financial clarity, always
Even before you move, you’ll know exactly what you pay and when, as well as how much is returned and when.
No stamp duty
Unlike residential property, you won’t pay any stamp duty, and you won’t be exposed to capital loss or property market fluctuations.
No sales or marketing costs
We also accept full responsibility for any marketing or sales costs if you decide to sell your Aveo property.
Service fees stop
Service fees will cease one month after you give vacant possession of your home.
Payment options calculator
Wondering which payment option is right for you? Our easy-to-use online calculator simplifies the process to compare our three payment options.
Giving you choice in how you pay
Unsure if this seamless approach to retirement living is right for you? We offer two other unique payment options to give you choice in how you pay. All backed by our promises for peace of mind, you’ll be able to take your next step with confidence.
Now, our discounted management fee option
Ideal for those that like to plan ahead, this gives you access to a discounted management fee rate when you choose to settle this payment upfront.
Later, our deferred management fee option
For those that want to enjoy life to the fullest now, this affords you the benefit of deferring your management fee until you leave your community.
Bond, our no management fee option
Perfect for those with the funds to move now, this affords you the benefit of not paying the management fee by paying a refundable premium entry payment and a non-refundable establishment fee on entry.
Still have questions?
Get in touch with our friendly team or visit our frequently asked questions.
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Please refer to the contract for the full terms and conditions. The entry payment or purchase price and other fees payable on entry depend on any available contract option you select and will be calculated based on the listed property price (also known as the 'standard ingoing contribution') for a home. If your contract is a Later contract, you will have to pay a departure fee when you leave the village. Availability of payment options will depend on the type of home and the community you choose. The payment options are current as at 15/08/23, but may change without notice - please contact the community sales manager for more information.