Who is RetireAustralia?
RetireAustralia is a leading owner, operator and developer of retirement villages with a focus on providing quality retirement lifestyles.
RetireAustralia owns and operates 27 unique retirement villages
across Queensland, New South Wales and South Australia.
More than 5,000 residents currently call our villages home and we pride ourselves
on creating environments that offer independence, freedom, support and choice.
Our portfolio is diverse, with communities located in small, regional towns,
coastal getaways and thriving metropolitan cities.
Costs & Ownership
Buying into a retirement village is different to buying a residential property. It is important to understand the costs involved when you buy with us, while you are living with us, and when you leave us.
The type of ownership agreement at The Rise is lease and licence. This means that you are purchasing a long-term lease (usually 100 years) to live in your home.
Once you’ve made the decision to move into The Rise at Wood Glen, you’ll need to make an entry payment for your home. The amount will depend on which apartment you choose.
Change of mind
We want you to feel confident in your decision to move into a RetireAustralia village, which is why our independent living residence contract offered at The Rise includes cooling-off period and settling-in periods.
If you change your mind within the 21-day cooling-off period, you’ll get your deposit back in full. And if you decide the village isn’t right for you within 90 days of moving in, we’ll reimburse your ingoing contribution* within 30 days so you can focus on your next move.
*Fees and charges applicable
Once you move in to your beautiful new apartment, you’ll enjoy a relaxed, secure lifestyle while our dedicated team looks after things like home and garden maintenance and upkeep of common facilities. You’ll pay regular service charges to cover these costs.
As the cost of services and maintenance increase from time to time, our service charges also increase in line with our village costs. By law, our charges are based on cost recovery only, meaning village operators cannot profit from them.
Personal expenses like insurance, internet and extra care services are additional costs to consider.
We know leaving the village can often be difficult for residents and their families, so we aim to make the process simple and stress-free.
RetireAustralia will prepare, market and sell your apartment for you, in most cases at no extra cost, except in the event of exceptional wear and tear, damage, or alterations or additions to your apartment.
Under our independent living residence contract we will buy back your apartment after 6 months to give you the certainty to plan your next move.
Deferred payment fee
Like the majority of retirement village operators, RetireAustralia retains a portion of the funds from the sale of your apartment as a deferred payment fee. This deferred payment fee covers large-scale village improvements and RetireAustralia’s investment.
Our independent living residence contract allows you to calculate exactly how much you’ll get back based on your entry payment. The deferred payment fee will not exceed 35%, no matter how long you stay in the retirement village.
Why live with RetireAustralia?
Every day, we strive to better serve our residents through the homes we build, the communities we create, and the services we provide.
We know that no two people are the same, which is why our 27 villages across New South Wales, Queensland and South Australia are as varied and diverse as our 5,000 residents.
One thing is consistent in our villages: from city to country to coast, you are guaranteed a welcoming and secure environment where you’ll have the freedom and support to live life on your own terms.
RetireAustralia’s 27 existing villages are run with care, experience and passion. We work hard to ensure the process of moving into, living in and leaving a RetireAustralia village is as positive and supported as it can be for our residents and their family members.
Quality support is essential to fulfilled, independent living in retirement and we want all RetireAustralia residents to have easy access to the care they need. Our philosophy to providing care is centred around autonomy, connection, purpose and healthy living.
We are developing new retirement villages in a variety of thriving metropolitan areas to address the critical undersupply of quality senior housing. All of our new projects are designed to be contemporary, beautiful and closely integrated with the surrounding community.
RetireAustralia operates 27 retirement villages, many of which have been serving their local community for decades.
In recent years, we have cultivated our development expertise, extending several of our existing communities and planning for brand new purpose-built communities in areas with high demand for quality senior living.
Since 2006, we have been enabling our residents to lead secure, independent and fulfilled lives within the communities they choose to call home.
RetireAustralia partners with award-winning project experts to bring our new communities to life.
Marchese Partners are recognised leaders in seniors living design with more than
10 years’ experience designing purpose-built retirement communities.
Their collaboration with the University of Stirling ensures all designs include
practical solutions that improve the living quality of older Australians.