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Costs and contracts

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Learn about the types of contracts you will come across, different payment options as well as any additional costs when making a move into a retirement village.

Learn about the types of contracts you will come across, different payment options as well as any additional costs when making a move into a retirement village.

Costs and contracts

Finding what’s right for you: Costs & contracts

If you’re considering a move into a retirement village, you’ll want to quickly understand the potential costs and contracts and what these
Costs and contracts

Costs: Moving in, living in, leaving

The costs of moving in, living in, and moving out will vary between villages and depend on the living options, amenities and services you
Costs and contracts

Costs: Support services

In retirement villages, personalised care and support services could play a vital role in helping you live independently, for longer.
Costs and contracts

Types of contracts: Leasehold, license, freehold

A retirement village contract will differ between villages, properties, and states or territories. A contract sets out everything you need
Costs and contracts

Cooling off or cancelling

Deciding if a retirement village is your perfect fit takes time. That's why many village operators may allow you a period to “cool off” or
Costs and contracts

Pension and government assistance considerations

Moving into a retirement village can take a lot of financial planning, so it's vital to understand the impact this may have on any
Costs and contracts

Seeking independent advice

If you’re at a stage where you’re looking to understand the contracts and obligations associated with retirement living, you should consider